Terra Classic (LUNC) climbs to the top of the list of top-gaining assets on CoinMarketCap, rallying nearly 7% in a 24-hour time frame to a high of $0.0001322 before facing a roadblock. LUNC has continued to show strength on its journey to reclaim the February high above $0.0002. Despite facing stern opposition from bears, the asset retains a position among the top gainers, securing third, with a 3% gain in the past 24 hours. LUNC's trade volume has also seen a rapid increase in the past few hours, indicating a massive flow of demand into LUNC by investors. The Terraport project aims to bring more burns and utility to LUNC, while Cremation Coin recently announced a new innovative NFT initiative that could help burn more LUNC. Terra Classic is currently trading for $0.0001255 at the time of reporting, tilling the ground for a rally to the much-coveted $0.0002 territory, which was last reclaimed in early February.

(By MARK BRENNAN)