💥 BIG UPDATE :
$LUNC Terra Luna Classic (LUNC) is currently trading at approximately $0.00003491, reflecting a slight 0.25% increase over the last 24 hours. The ecosystem continues to operate under a "total independence" model following the official dissolution of Terraform Labs in January 2026, with all governance and development now fully managed by the community and validators.
Market Performance (24 February 2026)
. Current Price:-- $0.00003491 (USD) / ₹0.003151 (INR).
24h Range:-- Fluctuated between a low of $0.0000343 and a high of $0.00003518.
. Market Cap:-- Approximately $190.78 million, ranking it #173 globally.
. Sentiment:-- The Fear & Greed Index remains at 5 (Extreme Fear), though some analysts view this as a potential accumulation zone for contrarian investors.
Key Ecosystem Developments:----
. Burn Milestone:-- Total accumulated burns have surpassed 436 billion tokens. Binance remains a primary contributor, recently removing over 5.3 trillion LUNC in a single monthly batch to start the year.
. Technical Progress:-- The network recently implemented update v3.6.1, improving interoperability with the Cosmos ecosystem via IBC.
. Market Module 2.0 (MM2):-- Stress tests are currently underway for MM2, a critical component aimed at restoring real utility and potentially stabilizing the USTC peg.
. Legal Context:-- While Terraform Labs' liquidation period has been extended until December 2026, a new lawsuit against trading firm Jane Street has emerged, alleging the firm used insider information to profit from the original UST collapse in 2022.
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