In particular, one token that continues to be among the most trending assets despite the collapse of the Terraform labs is the Terra Classic (LUNC) token, the original chain of the collapsed Terra (LUNA) ecosystem, which gained 12% in just 24 hours, adding over $100 million to LUNC’s market cap on December 2 alone.

According to the historical data acquired by Finbold, last Christmas, LUNC, formerly known as LUNA, was trading at $95.83. However, following the collapse and subsequent recovery plan, the existing chain and token have been rebranded.

By factoring in several technical analysis (TA) indicators, LUNC’s 2022 Christmas day prediction is bearish, with the asset anticipated trade at $0.000106 on December 25, according to CoinCodex.com prediction. As things stand, LUNC is trading at $0.000175, which would mark a -39% decrease. 

(by Jordan Major)