The Number of Unique Addresses Holding LUNC Has Grown 500% -Breaking
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500% Increase in the Number of Unique Addresses that Hold LUNC has been achieved- CoinMarketCap’s data now indicates that investors are buying more LUNC.
- Over 500% more addresses have received the LUNC token in just one month.
- As of the writing of this report, there are more than 10,000 unique addresses that hold the LUNC token.
Terra’s Luna Classic token (LUNC) and its accompanying stablecoin, UST, caused investors to run for the hills following its total collapse. CoinMarketCap data shows more crypto investors stocking up.
Following the de-pegging of UST from the US dollar on May 9, resulting in the collapse of Terra’s original LUNA, a hard fork was implemented. This led to the rebranding and launch of a new token called LUNA.
CoinMarketCap data shows that more people have continued to own the LUNC token over the past month. The number of addresses that hold the LUNC token have increased by more than 500% in the past month.
Despite an increase in the number addresses who have the LUNC token last month it seemed that prices per LUNC were looking for new lows.
A month ago, when the token’s trouble began, LUNC sold for around $61.2 per LUNC token. The token saw a 100% drop and eventually traded for $0.000066.
Total number of LUNC unique addresses (Source:CoinMarketCap)
As of the writing of this report, there are more than 10,000 unique addresses holding the LUNC token. This is a significant increase from the 2,000s a month ago.
LUNC reached some milestones in the social arena over the past thirty days. LUNC reached a record 21.62% on May 13 in social dominance. It also saw an increase of 95% that day. Bears soon brought the price down.
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