Terra Classic (LUNC) receives its first DEX listing on SaitaPro.
LUNC has recently dominated most discussions in the crypto community. The once-forgotten commodity is capturing the attention of crypto enthusiasts and exchanges alike, owing to its spectacular increase and recent favorable burn proposals. In a recent highlight, LUNC was listed on its first DEX, Saitama Pro.
The official Saitama Twitter account announced the news on Thursday.
“HOT NEWS: $LUNC (LUNA CLASSIC) is currently listed on #SaitaPro, its first ever DEX.” In a tweet, the handle stated.
The recent listing highlights the increased interest in LUNC, as its rally continues to gain traction, with positive views brewing. Users of the SaitaPro exchange can now trade the asset within the app. This provides further covering for LUNC as more investors attempt to board the sailing ship.
This news comes only hours after Binance announced that the LUNC/USDT trading pair would be added on Friday. Furthermore, Binance stated that on the same day, it would offer the 1000LUNCUSDT Perpetual Contracts with up to 25x leverage.
Sustained Rally of LUNC
Despite mounting fears of a repeat of the previous crash, LUNC has continued its ascent. The asset is now securely ranked 26th among the major cryptocurrencies, with a valuation of $3.3B – a tremendous gain from the $660M market cap recorded on August 1. This increase in value has propelled LUNC over noteworthy assets like as CRONOS (CRO), Stellar (XLM), Bitcoin Cash (BCH), and Algorand (ALGO).
LUNC is still the most valuable cryptocurrency in the last 24 hours as of this writing. With a current value of $0.00053, the asset has increased by more than 50% in the last 24 hours. Terra Classic’s recent value indicates a staggering 450% increase from its initial value of $0.00009 last month.
Due to the imminent 1.2% tax burn proposal, LUNAtics does not expect the asset’s campaign to achieve its waterloo anytime soon. The community has designated September 10 as the date for voting, and if the vote favors the burn proposal, the initiative will begin on September 20.