What is Luna classic $Lunc?

The older crypto is now called Luna Classic $LUNC. While it was expected that investors would back the new Terra Luna, the reverse happened. Luna Classic is now 2.5x larger in Market Cap than Luna 2.0. The question is, is this Terra Luna recovery sustainable and real? Read on. Why did Luna Crash?

Is Luna classic still a good project?

Strong community: Luna Classic is supported by a large network of stakeholders who are still going to great lengths to resurrect the project after its collapse in May 2022. Suite of dApps: According to the Terra ecosystem's website, various dApps protocols are built on it.

What is the biggest challenge facing Luna classic?

Will Chen, a crypto developer identified the biggest challenge facing Luna Classic in the following months. Chen clarified the incentives for Luna Classic holders. Developers and holders of Luna Classic are curious about large wallet investors, entities that control the LUNC network.

Is Luna Classic a good altcoin?

LUNC yielded 262% gains over the past month, Luna Classic is therefore one of the altcoins with highest 30-day return and a higher 90-day ROI compared to Bitcoin. Amidst speculation and the recent update from Terraform Labs and Do Kwon, holders have flooded Twitter with mentions of 1000x gains from LUNC. #LUNC holding strong during #cryptocrash.