Terra Luna Achieves Impressive Milestone as Interest Surges, Attracting 5.5 Million Holders

The Terra Luna Classic (LUNC) has achieved a remarkable feat, with the total number of LUNC and USTC holders reaching an all-time high of 5.5 million!
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Despite the setback caused by the Terra Luna crisis, the growth in wallet numbers has remained steady, highlighting the resilience of the Terra Luna Classic community. This growth has been supported by major exchanges like Binance.
Rapid Increase in Holder Numbers
ATOMScan, a Cosmos blockchain analytics firm, has reported a significant surge in the combined count of LUNC and USTC holders, reaching 5.5 million. This marks a notable increase from the previous count of 5 million holders.
While Terra Luna (LUNC) boasts 5.5 million holders, other insights suggest that Cardano has surpassed 4.6 million total wallets, and Shiba Inu has 1.38 million holders, according to data from Etherscan and ShibariumScan.
Market Analysis
The recent burning of Terra Luna Classic tokens, supported by Binance’s burning of 53.48 billion LUNC tokens, has contributed to an increase in LUNC prices.
Although LUNC’s trading volume has decreased by 40%, it has successfully recovered with a 5% increase from its 24-hour low. Additionally, there has been a noticeable rise in LUNC futures Open Interest and the price of 1000 LUNC on platforms like Binance and Bybit. This may be attributed to the upcoming major v2.4.2 upgrade.
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