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
Column of funerals"😕 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.
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🔥 $XRP Market Update!
$XRP continues its strong performance as price holds firmly above the key 2.00 support zone following the ETF-driven surge earlier this month. With institutional accumulation rising and trading volume expanding, XRP is showing one of its most stable bullish structures of the quarter.
Today, all eyes are on the 2.30 resistance. A breakout above this level could accelerate the move toward 2.60, and potentially 3.00 if momentum intensifies. On-chain activity also remains elevated, signaling deeper network engagement and growing interest from global payment partners. Failure to hold 2.00 would be the first sign of weakness, pushing XRP toward 1.85 though buyers have consistently defended this region with conviction.
As ETF inflows continue and sentiment strengthens, XRP’s macro outlook remains extremely promising. $XRP is no longer following the market… it’s preparing to lead it. ⚡🌪️
Who feels lucky today? 💰 Click to open your red packet and let's see who gets the biggest share! Only the fastest fingers can win—let's go go! 🚀🔥 #xrp #Ripple #defi #bullrun #TrumpTariffs {spot}(XRPUSDT)