LUNC -101.03% in 24 Hours Amid Sharp Correction

On SEP 1 2025, LUNC dropped by 101.03% within 24 hours to reach $0.00005733. Over the last seven days, the token has seen a 241.39% drop, with a 101.03% decrease observed over the past month and a 4651.18% fall over the past year.

The recent price movement indicates a significant and rapid sell-off, with LUNC’s value collapsing sharply in multiple timeframes. The 24-hour and monthly declines are identical, suggesting a persistent bearish momentum that has not abated. The one-year perspective, however, reveals an even more severe trend, with the token’s price plummeting by nearly 4,700%. This stark performance points to a broader structural shift rather than a short-term correction.

Technical indicators show that LUNC is in an intense downtrend, with no signs of reversal at present. The absence of a stabilizing support level or a rebound in on-chain activity suggests that the market is dominated by bearish sentiment. Analysts project further pressure until more concrete catalysts emerge to reverse the trajectory. The token has not demonstrated signs of stabilizing or gaining traction among traders or long-term holders.

Backtest Hypothesis

To better understand the behavior of LUNC during periods of sharp decline, a backtesting strategy was proposed to analyze all days since January 1, 2022, when the token fell by at least 10% in a single session. This would allow for an assessment of market reactions to similar historical events and could inform potential strategic responses for future volatility. However, the initial attempt to retrieve the necessary daily price data for LUNC returned an error from the data source, indicating no valid price feed was available for the requested ticker.

Before proceeding, clarification was sought on the preferred course of action: either to switch to an alternative data source or symbol—such as a specific exchange-listed pair like “LUNC-USDT” on Binance or KuCoin—or to supply the relevant dates manually for direct event-driven backtesting. A third option is to adjust the analysis scope, including using a shorter time period or a less severe price decline threshold to make data sourcing more feasible.