Terra Luna Classic (LUNC) Daily Market Analysis 10 May 2026

Terra Luna Classic sees sharp correction after explosive rally – here's the latest: • LUNC dropped 21% in 24 hours with $186M volume, long liquidations hit $45.39K vs $5.2K shorts (7 May 2026) • Token trades at $0.0001138, up 73.83% weekly, with 41.4% volume-to-market-cap ratio signaling leveraged speculation • Binance burned 923M LUNC on 1 May 2026, fueling 60% weekly surge; 444B total burned (6.43% of supply) • Community approved v4.0.1 upgrade with 99.95% vote, requiring network pause at block 20,464,200 (6 May 2026) • 119% monthly rally driven by memecoin rotation and low-cap revival, landing LUNC #2 on CoinGecko trending