Crypto whales buying LUNC for v2.1.0 parity upgrade, causing a 6% increase in Terra Classic price.

The price of LUNC has increased by over 6% following news that the v2.1.0 upgrade proposal is up for discussion, as tweeted by the @LUNCBurnArmy account.

The 24-hour trading volume of Terra Classic has increased by approximately 300%, but the price of LUNC still has a long way to go to reach its September 2022 high of $0.00059.

Terra Classic v2.1.0 Upgrade

The latest release from LUNC Burn Army is the third major upgrade to the Terra Classic blockchain, which is set to take place on June 14th at approximately 17:20 UTC.

It includes a minimum 5% commission for validators, Cosmwasm v1.1.x, and two security updates.

You can read the full text of the LUNC v2.1.0 upgrade proposal on

LUNC Price Prediction

Currently priced at $0.00009, the Terra Classic price has dropped by 86% from its peak.

A 655% increase would be required to reach its 2022 highs.

With a fully diluted market cap of over $600 million and the LUNC supply not having been burnt significantly (still around 5.85 trillion), similar to the Terra LUNA crash that inflated the former Terra coin’s circulating supply, achieving this may be difficult.

In a Terra Classic price prediction post last year, two expert crypto analysts, Light (@lightcrypto) and GCR (@GiganticRebirth and @GCRClassic), had predicted that the bull run could be over for the LUNC price.

You can read that LUNC price prediction post here. Since then, the Terra Classic price has dropped by a further 75%.

For more recent technical analysis, you can see our June Terra Classic price prediction article.

LUNC Alternatives

We have reviewed many lower market cap and newer cryptocurrency assets here on blockchain, some at the presale stage and others recently listed on exchanges.

In total, we have picked out 21 new crypto coins with high growth potential for 2023 and heading into 2024, including a mix of meme coins and utility tokens.

We will continue to update Phone&Auto; if you have any questions or suggestions, please contact us!


Was this article helpful?

93 out of 132 found this helpful

Discover more


Justin Sun's Huobi-linked exchange, WhiteBIT, raises concerns over its lending platform.

WhiteBIT, an exchange associated with Justin Sun, has recently gained attention for offering an impressive Annual Per...


Swell Introduces Layer-2 Restaking Rollup in Partnership with AltLayer and EigenLayer

Swell teamed up with Ethereum scaler AltLayer and a16z-backed crypto-staking project EigenLayer to create the rollup,...


New name HTX raises eyebrows in Huobi community

Huobi is excitedly marking its impressive 10th anniversary by embarking on a bold marketing campaign – a rebranding i...


Justin Sun's platform, Poloniex, was hacked for over $100 million. The hackers then bought TRX, causing its price to skyrocket.

Poloniex lost over 114 million USD to a hacker attack, with the hacker using the stolen funds to purchase TRX, causin...


DeFi Dilemma: Staking Ether Goes Liquid!

Fashion company secures $5.3 million in seed funding from North Island VC in March.


Curve's value increases by 22% as the founder sells CRV tokens to repay an Aave loan.

Curve experiences significant growth, with a 22% increase, thanks to the founder's successful sale of CRV to influent...