Since the Terra stablecoin ecosystem collapsed last May, the Terra Classic (LUNC) token has always been in the news. With the asset trading at moderate gains, many believe 2023 could be its year.
LUNC Price Action
Currently, LUNC is trading at $0.0001651, which indicates an uptrend of just 0.02% in the past 24 hours. Its surge currently trails the market, which is up by 1.04% in the same period.
With its price rise, LUNC’s technicals still look slightly weak. The crypto asset still trails all of its major moving average (MA) indicators, ranging from the 10-day MA of $0.0001652 to the 200-day MA of $0.0001671. Nevertheless, its ability to notch even more gains in the short term should help its price surge enough to overcome some of these indicators.
Unsurprisingly, LUNC has a negative moving average convergence divergence (MACD). However, with the token’s relative strength index (RSI) being just 43.67, investors can feel confident that it is not overbought yet.
Terra Classic to Integrate With Interchain Station
The recent rise in LUNC’s price can be attributed to the market’s improved dynamics and growing fundamentals for the Terra ecosystem.
Earlier this week, developers confirmed that the Terra Classic blockchain is in the final stages of integration with the Interchain Station. The move is quite interesting, as it should allow the Terra Classic chain to enjoy better compatibility with several other leading blockchains.
We are launching interchain support roughly 48hrs from this tweet.
After this initial launch, chain integrations will be on a rolling basis.
— Jared_TFL (@Jared_TFL) January 10, 2023
Terra Classic has expanded significantly in the past few months, ensuring compatibility with chains such as Osmosis, Juno, and Cosmos. Compatibility with the Interchain Station is set to take this even higher, allowing developers on the reviving chain to access other networks and their tools and assets.
Time to Buy New Presales
LUNC is in an interesting place. The asset is currently in revival, with believers in Terra’s original vision hoping to get it back to the old days when it was a major coin. However, while its prospects are debatable, several assets already show significant promise.
Fight Out (FGHT)
One such name is FGHT. The new digital asset powers Fight Out – a move-to-earn project that allows people to earn tokens as they keep fit and work out.
Fight Out has a fully fleshed ecosystem, allowing users to access different workout materials and get their bodies in shape. The more they work out, the more tokens they receive. Interestingly, the platform also incorporates non-fungible tokens (NFTs) and the metaverse, with its FGHT token powering all of its activities.
The future of #MoveToEarn is here! 💪
With personalised workouts, a supportive community, and the chance to earn rewards as you progress, Fight Out gyms will take your fitness journey to the next level.
— Fight Out (@FightOut_) January 10, 2023
FGHT is currently available on presale. The crypto asset has thus far raised $2.84 million in a month, showing impressive investor interest.
Meta Masters Guild (MEMAG)
Investors can also check out the MEMAG token. The new digital asset powers the Meta Masters Guild – the world’s first mobile-focused Web3 gaming guild.
The MMG focuses on creating high-quality, blockchain-based mobile games and eventually forming a gaming ecosystem that will allow members to earn rewards in exchange for sustainably contributing. All games in the ecosystem will operate using the MEMAG token, meaning the asset’s prospects should grow as more games are added.
The MMG ecosystem will have three games from which players can choose. These are Raid NFT, Meta Masters World, and Meta Kart Racers. Players can play these games and contribute to the MMG ecosystem, earning MEMAG in return. The gaming ecosystem is also looking to add more titles in the future, providing even more value to investors.
The MEMAG crypto presale will be divided into several stages, each of which will increase the purchase price. Stage one, where the presale is now, is offering 1 MEMAG token for 0.007 USDT. Stage two will see the price rise to 0.01 USDT.
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