{"id":6944,"date":"2026-02-24T17:09:21","date_gmt":"2026-02-24T17:09:21","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=6944"},"modified":"2026-02-24T17:09:21","modified_gmt":"2026-02-24T17:09:21","slug":"terra-classic-lunc-price-in-focus-as-terraform-labs-sues-jane-street","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=6944","title":{"rendered":"Terra Classic (LUNC) price in focus as Terraform Labs sues Jane Street"},"content":{"rendered":"

<\/p>\n

\n
\n
\n\"Terra\n<\/picture> <\/div>\n<\/p><\/div>\n
    \n
  • Terraform lawsuit vs Jane Street puts Terra Classic (LUNC) in focus.<\/li>\n
  • Terra Classic (LUNC) shows technical resilience, eyeing $0.00003925 short-term.<\/li>\n
  • 2026 price range is expected to be between $0.0000242 and $0.000510.<\/li>\n<\/ul>\n

    The price of Terra Classic (LUNC) has been under the spotlight as legal tensions surrounding its parent company, Terraform Labs, continue to unfold.<\/p>\n

    Investors are watching closely after news emerged that the administrator overseeing the wind-down of Terraform Labs has sued trading firm Jane Street.\u00a0<\/p>\n

    The lawsuit alleges the trading firm used non-public information from Terraform insiders to profit ahead of the collapse of TerraUSD in May 2022.<\/p>\n

    This legal move adds a new layer of uncertainty for LUNC holders.<\/p>\n

    Many remember that the original Terra blockchain was rebranded as Terra Classic after the collapse, while a new Terra 2.0 network was launched.<\/p>\n

    LUNC now trades at around $0.00003509, down roughly 46% over the past year, with a circulating supply of approximately 5.47 trillion coins.<\/p>\n

    Jane Street charges<\/h2>\n

    The lawsuit centres on allegations that Jane Street gained access to confidential data through back channels.<\/p>\n

    This allegedly allowed the firm to strategically withdraw significant amounts of UST from liquidity pools just minutes after Terraform executed internal moves.<\/p>\n

    The complaint claims these trades contributed to the broader collapse of the stablecoin and accelerated losses for Terraform\u2019s creditors.<\/p>\n

    Jane Street has denied the allegations, calling the claims baseless and emphasising that the market turmoil was driven by internal mismanagement within Terraform.<\/p>\n

    Legal observers note that the case could have implications not only for the firms involved but also for market perception around LUNC and other related assets.<\/p>\n

    LUNC price analysis<\/h2>\n

    Despite its turbulent history, LUNC has shown some resilience.<\/p>\n

    The coin has been trading in a range of $0.0000343 to $0.00003516 over the past 24 hours, reflecting a small degree of stability.<\/p>\n

    Analysts like For-Exx Kripto note that the coin has remained inside a flag formation, though the pattern recently experienced a slight break.<\/p>\n

    This break could have signalled a sharp decline, yet LUNC did not fall dramatically.<\/p>\n

    This can be interpreted as a bullish signal in the short term, suggesting that a price attempt toward $0.00003925 could be on the horizon.<\/p>\n

    While the coin remains far from its historical highs, such technical patterns provide hints about potential upward momentum despite broader market challenges.<\/p>\n

    Trading volume has also been modest, with about $8.9 million changing hands in the last 24 hours.<\/p>\n

    Terra Classic price prediction<\/h2>\n

    Looking ahead, analysts project that LUNC could trade within a wide range in 2026.<\/p>\n

    The minimum expected level is around $0.0000242, while the maximum target could reach $0.000510 by the end of the year.<\/p>\n

    Key levels to watch include support near the $0.000024 mark, which may act as a floor in case of market weakness.<\/p>\n

    Resistance lies around $0.000510, representing a potential upside target for traders seeking gains.<\/p>\n

    Short-term moves toward $0.00003925 could also provide intermediate targets, especially if the market reacts positively to technical signals or news from ongoing legal developments.<\/p>\n

    \n
    \n
    Share this article<\/h6>\n
    \n
    Categories<\/h6>\n
    \n
    Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n

    Analysis,Markets,Altcoins#Terra #Classic #LUNC #price #focus #Terraform #Labs #sues #Jane #Street1771952961<\/p>\n","protected":false},"excerpt":{"rendered":"

    Terraform lawsuit vs Jane Street puts Terra Classic (LUNC) in focus. Terra Classic (LUNC) shows technical resilience, eyeing $0.00003925 short-term. 2026 price range is expected to be between $0.0000242 and $0.000510. The price of Terra Classic (LUNC) has been under the spotlight as legal tensions surrounding its parent company, Terraform Labs, continue to unfold. Investors<\/p>\n","protected":false},"author":1,"featured_media":6945,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-6944","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eurozone"},"yoast_head":"\nTerra Classic (LUNC) price in focus as Terraform Labs sues Jane Street - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Terra Classic (LUNC) in focus as Terraform Labs sues Jane Street, with prices showing resilience and 2026 targets in focus.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=6944\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Terra Classic (LUNC) price in focus as Terraform Labs sues Jane Street\" \/>\n<meta property=\"og:description\" content=\"Terra Classic (LUNC) in focus as Terraform Labs sues Jane Street, with prices showing resilience and 2026 targets in focus.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=6944\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-24T17:09:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/1652258525403-3c33022f-43a9-4b93-ad4a-83fa89730732.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"834\" \/>\n\t<meta property=\"og:image:height\" content=\"574\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6944\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=6944\",\"name\":\"Terra Classic (LUNC) price in focus as Terraform Labs sues Jane Street - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6944#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6944#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/1652258525403-3c33022f-43a9-4b93-ad4a-83fa89730732.jpg\",\"datePublished\":\"2026-02-24T17:09:21+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Terra Classic (LUNC) in focus as Terraform Labs sues Jane Street, with prices showing resilience and 2026 targets in focus.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6944#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=6944\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6944#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/1652258525403-3c33022f-43a9-4b93-ad4a-83fa89730732.jpg\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/1652258525403-3c33022f-43a9-4b93-ad4a-83fa89730732.jpg\",\"width\":834,\"height\":574},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6944#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Terra Classic (LUNC) price in focus as Terraform Labs sues Jane Street\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto & Bitcoin News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptonews.uk.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\",\"name\":\"\u884c\u653f\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"caption\":\"\u884c\u653f\"},\"sameAs\":[\"http:\/\/demo3.aiwalls.com\/coinbase\"],\"url\":\"https:\/\/cryptonews.uk.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Terra Classic (LUNC) price in focus as Terraform Labs sues Jane Street - Crypto News: Latest Cryptocurrency News and Analysis","description":"Terra Classic (LUNC) in focus as Terraform Labs sues Jane Street, with prices showing resilience and 2026 targets in focus.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptonews.uk.com\/?p=6944","og_locale":"en_US","og_type":"article","og_title":"Terra Classic (LUNC) price in focus as Terraform Labs sues Jane Street","og_description":"Terra Classic (LUNC) in focus as Terraform Labs sues Jane Street, with prices showing resilience and 2026 targets in focus.","og_url":"https:\/\/cryptonews.uk.com\/?p=6944","og_site_name":"Crypto News: Latest Cryptocurrency News and Analysis","article_published_time":"2026-02-24T17:09:21+00:00","og_image":[{"width":834,"height":574,"url":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/1652258525403-3c33022f-43a9-4b93-ad4a-83fa89730732.jpg","type":"image\/jpeg"}],"author":"\u884c\u653f","twitter_card":"summary_large_image","twitter_misc":{"Written by":"\u884c\u653f","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cryptonews.uk.com\/?p=6944","url":"https:\/\/cryptonews.uk.com\/?p=6944","name":"Terra Classic (LUNC) price in focus as Terraform Labs sues Jane Street - Crypto News: Latest Cryptocurrency News and Analysis","isPartOf":{"@id":"https:\/\/cryptonews.uk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptonews.uk.com\/?p=6944#primaryimage"},"image":{"@id":"https:\/\/cryptonews.uk.com\/?p=6944#primaryimage"},"thumbnailUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/1652258525403-3c33022f-43a9-4b93-ad4a-83fa89730732.jpg","datePublished":"2026-02-24T17:09:21+00:00","author":{"@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf"},"description":"Terra Classic (LUNC) in focus as Terraform Labs sues Jane Street, with prices showing resilience and 2026 targets in focus.","breadcrumb":{"@id":"https:\/\/cryptonews.uk.com\/?p=6944#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptonews.uk.com\/?p=6944"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/?p=6944#primaryimage","url":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/1652258525403-3c33022f-43a9-4b93-ad4a-83fa89730732.jpg","contentUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/1652258525403-3c33022f-43a9-4b93-ad4a-83fa89730732.jpg","width":834,"height":574},{"@type":"BreadcrumbList","@id":"https:\/\/cryptonews.uk.com\/?p=6944#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptonews.uk.com\/"},{"@type":"ListItem","position":2,"name":"Terra Classic (LUNC) price in focus as Terraform Labs sues Jane Street"}]},{"@type":"WebSite","@id":"https:\/\/cryptonews.uk.com\/#website","url":"https:\/\/cryptonews.uk.com\/","name":"Crypto News: Latest Cryptocurrency News and Analysis","description":"Latest Crypto & Bitcoin News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptonews.uk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf","name":"\u884c\u653f","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","caption":"\u884c\u653f"},"sameAs":["http:\/\/demo3.aiwalls.com\/coinbase"],"url":"https:\/\/cryptonews.uk.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/6944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6944"}],"version-history":[{"count":0,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/6944\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/media\/6945"}],"wp:attachment":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}