LUNC Token Surges 24% Amid Jane Street Lawsuit, Burns Exceed 224 Million
ByAinvest
Friday, Feb 27, 2026 4:28 am ET1min read
LUNC--
LUNA--
Terra Luna Classic (LUNC) surges 24% despite a flat crypto market. The rally is driven by large token burns, which have reduced the supply by 19%, and fresh debate around Terra's 2022 collapse. The SEC's investigation into Jane Street has revived discussion about the potential market manipulation that led to TerraUSD's depegging.
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