Terra Classic (LUNC) Secures First Ever Decentralized Exchange (DEX) Listing

Terra Classic (LUNC) gets listed on SaitaPro, it’s first ever DEX listing.

LUNC remains at the center of most discourses in the crypto community of late. The once-abandoned asset is getting the attention of crypto proponents and exchanges alike, especially due to its meteoric rise and recent auspicious burn proposals. In a recent highlight of events, LUNC just got listed on its first DEX, Saitama Pro.

The official Saitama Twitter handle disclosed the development Thursday. 

“HOT NEWS: we are happy to announce that $LUNC (LUNA CLASSIC) is now listed on #SaitaPro, its first ever DEX.” The handle said in a tweet.

?HOT NEWS: we are happy to announce that $LUNC (LUNA CLASSIC) is now listed on #SaitaPro, it’s first ever DEX.

How about bringing together the #LUNAtics ? and the #SaitamaWolfPack ? to celebrate, @stablekwon?@terra_money #Saitama #LUNA pic.twitter.com/Cwvzj0oSiQ

— Saitama Official (@WeAreSaitama) September 8, 2022

The recent listing underscores the growing interest in LUNC, as its rally remains sustained, with bullish sentiments brewing. Users of the SaitaPro exchange now have the opportunity to trade the asset in-app. This gives further coverage to LUNC as more investors seek to jump on the sailing ship.

This development comes a few hours after Binance noted that it would be adding the LUNC/USDT trading pair on Friday, as recently reported by The Crypto Basic. Furthermore, Binance mentioned that it would also launch the 1000LUNCUSDT Perpetual Contracts with up to 25x leverage on the same day.

LUNC’s Sustained Rally

Despite growing concerns about repeating the previous crash, LUNC has persisted in its rally. The asset now sits comfortably in the 26th position of the largest cryptocurrencies as its valuation surged to $3.3B – a massive increase from the $660M market cap seen on August 1. This surge in valuation has sent LUNC above notable assets such as CRONOS (CRO), Stellar (XLM), Bitcoin Cash (BCH), and Algorand (ALGO).

LUNC retains its position as the highest-gaining cryptocurrency in the past 24 hours while writing. The asset has gained by over 50% in the past 24 hours, with a current value of $0.00053. Terra Classic’s recent value represents a whopping 450% rise from the value of $0.00009 it started last month with. 

LUNAtics does not expect the asset’s campaign to reach its waterloo anytime soon due to the upcoming 1.2% tax burn proposal. The community has set September 10 for voting, and if the poll falls in favor of the burn proposal, the initiative will kick off on September 20.

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