Crypto.com Adds LUNC To The Top Gainers’ List As It Spike By almost 20%

LUNC has been doing greatly well over the week, although its good performance hasn’t made Crypto.com include it in the gainers’ list.

In the recent hour, Crypto.com added the token to the top gainer list and at the moment, LUNC is at the topmost position in the gainer list.

Interestingly, the data from Crypto.com revealed that the asset has gained by 18% in the past 24 hours at the time of writing.

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Redditor Reveals The New Development About LUNC

Shortly when the token was added, the Redditor revealed the development in the Terraluna subreddit.

“LUNC finally added to the Crypto.com top gainers.” Though elated, most users noted that the move should have been made days back. Binance had already added the asset to its top gainer’s list at the early stages of its rally.

It is no news that the token came into existence as a result of the May Terra collapse that affected UST and its token. The collapse leads to a multi-million loss of many users and till now Terraform Labs and its executives are still facing a series of lawsuits from the victims.

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Some days ago, the price action of LUNC has been good. For instance, LUNC surged by over 50% on September 1 to a value of $0.00034 before meeting a mild retracement back to $0.00022. The asset staged another massive rally from September 2, surging to a 3-month high of $0.00044 on Tuesday. The recent surge has massively increased the asset’s market capitalization as it rises above several notable assets.

LUNC has seen a spike of 163% despite a mild correction from the $0.00044 high. This makes it the highest-gaining asset in the past week. The coin now secures the 205th position on the list of cryptocurrencies by market cap, with a market cap of $2.41B at the time of reporting.

At the moment, LUNC is ahead of assets like Toncoin(TON), Bitcoin BEP2 (BTCB), Chain (XCN), BitDAO (BIT), and Wrapped BNB (WBNB) in terms of market capitalization. The asset has added over $1B to its valuation in 7 days. The asset’s market cap surged from $1B at the end of August to the current $2.41B.