Terra Luna Classic surged 12% in the past 24 hours, pushing its market capitalization back above $500 million for the third time in a month. The token has gained more than 50% over the last 30 days as speculative trading activity and renewed meme-driven momentum returned to the market. The rebound is notable because LUNC has struggled to maintain sustained rallies since the collapse of the original Terra ecosystem in 2022. Traders are now watching whether rising volume and momentum can support another breakout or if the token faces resistance as short-term holders begin taking profits.
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