Terra Classic Dominates Meme Coins List

Following the meteoric rise of meme currencies headed by Dogecoin (DOGE) and Shiba Inu (SHIB) in 2021, interest in the two assets appears to have decreased in accordance with the general cryptocurrency price change. Terra Classic (LUNC), the extinct Terra (LUNA) ecosystem’s old chain, looks to be taking the throne.

According to Santiment’s analysis, LUNC experienced significant growth when the price fell to near zero, and its movement has increasingly paralleled DOGE’s direction.

According to the analysis, LUNC is seeing a new wave of crowd attention, with investors pouring more money into the asset.

Interestingly, both tokens experienced an initial run-up before entering a flat consolidation phase, which was followed by a resurgence of substantial interest.

DOGE daily chart. Source: CoinCu

Similarly, interest in LUNC has mirrored social trends, with LUNC-related terms accounting for the first and eighth positions on Santiment’s tracker as of September 8, indicating increased public interest. Based on this history, the analysis predicts that LUNC, like DOGE and SHIB, will crash.


Following Terra’s demise, LUNC has emerged as one of the best-performing cryptocurrencies, with substantial buying pressure as investors seek to reclaim their former glory.

However, on the 24-hour chart, LUNC is witnessing a sell-off, with losses of 17.95%, a scenario associated with likely investors cashing out.

LUNC daily chart. Source: CoinCu

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

Best New Meme Coins with 1000X Potential: BTFD Coin’s Hot BIG50 Discount As Baby Doge Coin, Dogs Takes Gaming to the Next Level

Explore the best new meme coins with 1000X potential. Learn how BTFD Coin leads with…

50 minutes ago

BlockDAG Surges Past $170M as BDAG250 Bonus End Countdown Begins – Aave Targets $400 & Solana Shines with Scalability

BlockDAG crosses $170.5M in presale success with BDAG250 bonus and Whitepaper V3 launch! Solana grows…

2 hours ago

Qubetics Presale Price Surge Approaches: The Best Coins to Invest in Right Now While Toncoin, and XRP Gain Traction

Discover why Qubetics, Toncoin, and XRP are the best coins to invest in right now.…

3 hours ago

Book of Meme Old News? This Best Meme Coin to Invest in 2024 Is Multiplying Gains Like a Champ

Over the years, meme coins have evolved from inside jokes into serious investment opportunities.

4 hours ago

Time’s Ticking on BlockDAG’s 5-Tier Bonus- Few Days Left to Grab It While Cardano Whales Take Action, Aave Rallies Strong

Discover BlockDAG's five-tier bonus program's closing phases that enhance buyer holdings. Gain insights on the…

4 hours ago

Best Altcoins to Buy for 2025: Qubetics Presale Surge, Solana’s Lightning Speed, and Cardano’s Blockchain Revolution

Discover why Qubetics, Solana, and Cardano are redefining the crypto landscape. Learn about milestones, price…

5 hours ago

This website uses cookies.