Terra Luna Classic (LUNC) price jumps 63% amid rising Open Interest and Binance token burns

Terra Luna Classic (LUNC), formerly Terra (LUNA), surged over 63% in the past week, reaching about $0.0000703 and adding $157 million to its market cap. This rise is driven by increased Open Interest in derivatives, signaling strong speculative interest, and anticipation of Binance's upcoming token burn. Advanced AI forecasts suggest LUNC could climb another 14% by June 1, 2026, though a potential 17.82% drop remains possible if traders take profits aggressively. This performance shows LUNC's recent decoupling from broader crypto trends dominated by Bitcoin, Ethereum, and XRP.