Terra Luna Classic was left behind after an epic collapse almost four years ago. But there's a community of believers who haven't given up.
On-chain data shows the total demand for Bitcoin has significantly contracted over the past month, hitting a pace comparable to the LUNA collapse. Bitcoin Spot & Futures Demand Has Shrunken Recently As pointed out by CryptoQuant head of research Julio Moreno in an X post, Bitcoin demand has been contracting at a sharp rate recently.
Terra Luna Classic (LUNC), which was rebranded from Terra (LUNA) after its 2022 crash, outshined top 100 crypto assets by market capitalization on May 27.