LUNC_USDT Price Soars! Analysis of the Reasons Behind Today's Over 20% Surge

As of December 9, 2025, Terra Classic (LUNC) has become one of the hottest focal points in the cryptocurrency market. On the Gate trading platform, LUNC’s daily price gain against the US dollar once exceeded 20%.

Market analysis indicates that this price movement is closely related to the upcoming verdict hearing of Terra ecosystem founder Do Kwon.

01 Market Performance Overview

According to data from Gate, LUNC demonstrated astonishing explosive power in early December. Its price surged amid intense volatility, attracting the attention of a large number of market participants.

On the Gate platform, the latest quote for the LUNC/USD trading pair is $0.000059, with a 24-hour increase of 21.17%. On the day, the price fluctuated widely between $0.000048 and $0.00006.

The 24-hour trading volume reached 829.50M, showing extremely high market activity. The current market capitalization is about $424 million, ranking 105th in the overall cryptocurrency market.

Recent Key Market Data for LUNC

From a longer-term perspective, LUNC’s performance is significantly polarized: up 105.50% over the past month, but still down 52.68% over the past year, and down 28.15% year-to-date. This coexistence of strong short-term rebounds and long-term downward trends highlights the highly volatile nature of this asset.

02 Technical Patterns & Market Signals

From a technical analysis perspective, LUNC is currently at a key position. FXStreet analysis points out that LUNC rose over 4% on Tuesday, extending the previous day’s 9% gain, and successfully stood above the 200-day Exponential Moving Average (EMA).

The next target for the bulls will be the recent high near $0.0000700.

Technical indicators show strong buying pressure: the Relative Strength Index (RSI) is at 69, close to the overbought zone, and the Moving Average Convergence Divergence (MACD) and its signal line have entered positive territory.

These signals together indicate that short-term bullish momentum is building up.

Candlestick pattern analysis reveals that on the Gate platform, the LUNC/USD pair has recently shown several technical signals. Among them, the “Bullish Engulfing” pattern (Bullish Engulfing) has been identified across multiple time frames (15 minutes, 1 hour, 1 month), which is generally viewed as a positive signal for short-term reversal.

A risk to watch out for is that if LUNC price falls below the 200-day EMA support at $0.00005161, it could further test the 50-day EMA at $0.00003925.

03 Terra Classic Background & Road to Revival

To understand LUNC’s current performance, one must look back at its unique background. Terra Classic is the continuation of the original Terra blockchain, now maintained by a decentralized community.

Its history dates back to the May 2022 collapse of the algorithmic stablecoin UST and its sister token LUNA, an event that wiped out more than $40 billion in market value.

After the collapse, the original blockchain was renamed Terra Classic, and its native token was renamed LUNC.

Today, LUNC plays a central role in the Terra Classic network: it’s used to pay transaction fees, to secure the network through staking, and to participate in governance voting.

A key mechanism of the network is a 0.5% burn tax on every transaction, aimed at gradually reducing the total token supply over time. Users can earn rewards by staking LUNC and delegating it to validators, while also helping to maintain blockchain security.

Despite originating from a dramatic market crash, Terra Classic now operates independently, with its own development roadmap and community support. The network continues to support smart contracts, decentralized applications, and related development activities, aiming to rebuild trust and real-world use cases.

04 Analysis of the Rise: Event & Sentiment Driven

LUNC’s recent strong performance is no coincidence. Market analysts generally believe that this rally is directly related to an upcoming key event.

Impact of the Founder’s Legal Case: The verdict hearing for Terra ecosystem founder Do Kwon is scheduled for Thursday. He previously admitted to fraud related to the Terra ecosystem collapse. The uncertainty of this legal event has, instead, brought trading opportunities and market attention to LUNC ahead of the hearing.

Resonance of Market Sentiment & Technicals: On the technical side, LUNC rebounded from the critical 200-day EMA support, resonating with positive market sentiment. This combination of “event-driven + technical breakout” often leads to significant price swings.

Overall Market Environment: Notably, during the same period, privacy coins such as Canton (CC) and Zcash (ZEC) also posted double-digit gains. This suggests that part of LUNC’s rally benefited from an overall increase in risk appetite across the crypto market.

However, analysts also caution investors that LUNC’s recovery may experience significant volatility ahead of Do Kwon’s verdict hearing. The uncertainty of the event outcome makes short-term price trends hard to predict.

05 Gate Platform: Advantages of Trading LUNC_USDT

For investors looking to participate in LUNC trading, choosing the right platform is crucial. Gate not only offers the LUNC/USDT trading pair, but also a range of features to enhance the trading experience.

Professional Analytical Tools: Gate provides advanced charting tools, including automatic candlestick pattern recognition to help traders identify technical signals such as the Bullish Engulfing pattern. The platform also offers comprehensive technical indicators like MACD and RSI to assist trading decisions.

Token Performance Indicator System: Gate has developed a proprietary token performance indicator system, evaluating digital assets based on fundamentals, technicals, and market sentiment.

This system assigns each cryptocurrency a rating from A to F, helping traders identify tokens with potential for outperformance.

Liquidity & Depth: As a leading cryptocurrency exchange, Gate provides ample liquidity and market depth for LUNC/USDT, ensuring traders can execute trades at reasonable spreads. The platform’s 24-hour trading volume of 829.50M is clear evidence of this.

Security & Compliance: Gate prioritizes platform security and compliant operations, providing a reliable trading environment for global users. For high-volatility assets like LUNC, a stable trading environment is especially important.

Gate Token Performance Indicator Analysis

Investors can refer to Gate’s ranking system and performance indicators to focus resources on crypto assets that not only rank high, but score A or B across multiple indicators.

Outlook

LUNC’s price curve on December 9 left a steep upward trajectory, with the intraday high of $0.0000816 forming a striking contrast to the 52-week low of $0.000016.

The densely appearing Bullish Engulfing patterns on the chart, together with an RSI close to overbought levels, mutually reinforce the technical signals, while the nearly 830 million 24-hour trading volume provides the most convincing liquidity endorsement for this rebound.

As Do Kwon’s verdict hearing approaches, the next turning point in this price curve may be hidden within the opening and closing of each candlestick.