Terra’s Luna Classic outperforms Bitcoin, Ethereum over the last 30 days

Terra’s Luna Classic has enjoyed a bit of renaissance in the past week as its value saw a significant rise after introducing a 1.2% burn tax on all swaps.

Regardless of this, LUNC is one of the best-performing cryptocurrencies in the prevailing bear market. Since its historical implosion in May, the asset has risen by over 25,000% during the last four months. In the last 30 days alone, LUNC is up 160.5% and by almost 200% in the past 14 days.