During the last seven days, LUNC has risen 96.3% and the once-stable coin UST has increased 472.4% this week.
It’s pretty well known in the world of digital currencies that some crypto assets never die. That seems to be the case with the two notorious crypto assets luna classic and terrausd , a former stablecoin that is sometimes referred to as terraclassicusd .
However, since the $0.006 per unit low, UST has jumped 617.5% from that range. UST swelled by 472.4% this week to $0.0926 per unit on June 29. While UST dropped in value after that rise, it still held a 24-hour trading range of around $0.04217516 to $0.081822 on Thursday, June 30. Since then, LUNC hit an all-time low four days after the depegging incident to $0.000000999967 on May 13. Miraculously, not only has LUNC risen 96.3% this week, it is up 10,577% from the all-time low. At the time of writing, LUNC has seen $545.87 million in daily trade volume, while UST recorded $522.60 million during the past 24 hours.
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