LUNC/USDT 24-hour News Highlights: The Community Revival Behind the Surge On the ever-changing day of December 6 in the cryptocurrency market, Terra Luna Classic (LUNC/USDT) has undoubtedly become the focal point. In the past 24 hours, the price of LUNC soared over 70%, skyrocketing from a low of $0.000043 to a high of $0.000073, with trading volume surging by 746% to as high as $822 million. This "Phoenix Rebirth" rebound has brought the market capitalization back to $397 million, placing it among the top mainstream cryptocurrencies, significantly outperforming the overall global market decline of 1.3%. The core driving force behind this frenzy is the community's upgraded "burning action." In the past week, over 849 million LUNC tokens have been burned, with a total burn amount reaching 42.679 billion tokens, accounting for 8% of the total supply. Giants like Binance have made significant contributions, burning 172 million tokens in a single day yesterday, further compressing the circulating supply and spurring a surge in demand. Meanwhile, staking activities have surged, with holders locking in more LUNC to support network stability, and the RSI indicator rising to 59, indicating strong upward momentum. External catalysts cannot be ignored: founder Do Kwon will face sentencing hearings on December 11, having previously admitted to multiple fraud charges, which the market views as a signal of "dust settling," releasing potential positive news. Binance has confirmed it will support the network upgrade on December 8, enhancing security and compatibility, with trading temporarily unaffected. From a technical perspective, LUNC has broken out of a descending wedge, with support holding steady at $0.000033 and the next resistance at $0.000048. If the bull market continues, the psychological barrier of $0.000125 is within reach. However, caution is warranted regarding the risk of "pump and dump"; traders should pay attention to signs of declining trading volume. LUNC's comeback not only reignites the vitality of the Terra Classic ecosystem but also reflects the resilience of retail investors in a bear market. In the future, continuous burning and development iterations may help it return to its peak. Do you believe in this wave of "Classic Revival"? $1000LUNC {future}(1000LUNCUSDT) $LUNC {spot}(LUNCUSDT) #lunc
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The gift box is a big surpriseđ§§đ§§đ§§đ§§đ§§đ§§đ§§ Waiting for you to decryptđđđđđđđđ The greatest regret in lifeđ is that when you finally understand, you are no longer young.
Column of funerals"đ Today we are burying $XNY . No pomp, no speeches⊠the chart has said it all: down almost 40%, and it looks like it doesn't even plan to get up from the floor.
Once it soared to 0.2, but now it's just a monument to those who believed in "just a little more and it will fly."
The market is harsh. Not all coins are destined to live long.
U.S. stocks are up 25% since the October 10th crash, but Bitcoin is still down -8% ?
For almost the entire year, Bitcoin moved in sync with the Mag 7 stocks.
And then, October 10th happened.
Crypto saw the biggest liquidation event ever, and everything broke from that point:
âą Mag 7 kept climbing
âą Bitcoin completely decoupled
âą Mag 7 is up 24.7% YoY, while Bitcoin is down 7.9% YoY.
And none of this lines up with the macro environment.
Since 10 October:
âą The Fed ended QT âą The Fed already delivered one rate cut âą Another cut is expected âą Global liquidity started expanding âą Treasury is injecting cash back into markets âą Japan and China added liquidity âą Stablecoin supply is still rising
Every indicator that normally pumps Bitcoin is already flashing green.
Yet BTC is still trading like it's in bear market.
Thatâs why this divergence doesnât look natural, it looks like suppressed price action, not a breakdown in fundamentals.
And this leaves only two realistic outcomes:
1. Bitcoin catches up to Mag 7 as liquidity continues to rise 2. Mag 7 corrects downward to close the gap
Given the macro setup for the next 3-6 months with rising global liquidity, Fed easing, stablecoin expansion, and stronger inflows, the first scenario is far more likely.
Markets rarely allow this kind of mispricing to survive for long.
If Bitcoin simply reverts back to its normal correlation with big tech, the pump that follows will be violent.
This is the widest and cleanest mispricing setup BTC has seen in years.