Crypto Surge Alert: LUNA, USTC, LUNC, FTT, ENJ, ACE Rally in Last 6 Hours
USTC (Terra Classic USD) +16.67%
USTC, formerly known as TerraUSD Classic, is the algorithmic stablecoin of the Terra Classic blockchain. It recently jumped to $0.00863 with a 24-hour trading volume of approximately $776,809.
#USTC is designed to maintain a peg to the US dollar through an algorithmic mechanism involving LUNC (Terra Classic Luna). The token’s recent price surge to $0.01 reflects renewed speculative interest ahead of developments related to Terra co-founder Do Kwon. This price action indicates increased market activity and optimism surrounding potential legal or project updates.
Given the volatile history of USTC and its algorithmic nature, the price may continue to experience sharp fluctuations. While short-term gains are possible if positive news emerges, caution is advised as the token remains highly speculative and prone to corrections.
LUNC (Terra Luna Classic) +14.55%
LUNC is the native token of the Terra Classic blockchain, which experienced a massive collapse in 2022. Recently, LUNC surged to $0.000060, marking a 274% increase from its October low.
#LUNC’s rally has been fueled by a significant spike in token burns and increased on-chain activity aimed at reducing circulating supply. The implementation of a 0.5% transaction tax and Binance’s monthly fee-burning initiatives have contributed to this deflationary pressure, boosting investor sentiment.
The ongoing burn policy and community-driven efforts could sustain upward momentum in the near term. However, given the token’s past volatility and regulatory uncertainties surrounding Terra’s ecosystem, investors should prepare for potential pullbacks after this rally.
LUNA +10.69%
LUNA is the rebranded token of the Terra blockchain following its 2022 collapse. It has recently surged over 40% within a week amid ongoing legal proceedings against co-founder Do Kwon.
#LUNA’s price jump appears linked to speculation around Do Kwon’s prosecution and potential outcomes that could affect Terra’s future. The token also benefits from planned airdrops targeting Luna Classic stakers and holders, which has reignited community interest.
While legal developments may continue to drive volatility, LUNA’s price could see further short-term gains if positive resolutions emerge. However, regulatory risks and market skepticism suggest caution for sustained growth beyond this event-driven rally.
FTT (FTX Token) +11.66%
FTT is the native utility token of the FTX exchange platform. Despite ongoing bankruptcy proceedings, FTT rose by over 3% in the past 24 hours, outperforming the broader crypto market.
#FTT’s recent uptick is attributed to renewed social media activity linked to Sam Bankman-Fried (SBF) and speculation about favorable legal rulings that could spark rallies similar to those seen in September 2025. However, FTT remains under pressure due to unresolved bankruptcy complexities.
The token’s price may continue to experience speculative spikes driven by news flow but faces downward risks from fundamental uncertainties. Investors should monitor legal developments closely before committing further capital.
ENJ (Enjin Coin) +10.87%
Enjin Coin (ENJ) is a cryptocurrency focused on blockchain-based gaming and NFTs. ENJ rose 7.13% over the last 24 hours, outperforming a broader market dip of -0.74%.
#ENJ supports digital asset creation within gaming ecosystems and has recently reclaimed its 7-day simple moving average with strong volume support. This technical recovery suggests growing investor confidence in Enjin’s utility and adoption prospects.
Given its solid fundamentals and increasing use cases in gaming NFTs, ENJ could sustain moderate upward momentum if market conditions remain favorable. However, broader crypto market trends will heavily influence its trajectory.
ACE (Fusionist) +10.83%
ACE is the native token of Fusionist, which recently experienced a surge exceeding 300% within 24 hours despite not being listed on any major exchange currently.
#ACE’s dramatic rally appears driven by speculative trading and hype rather than fundamental developments or exchange listings. Previous reports highlighted fraud tactics associated with ACE tokens in South Korea, raising red flags about its legitimacy.
This extreme volatility combined with regulatory scrutiny suggests that ACE’s price surge is unlikely sustainable. Investors should exercise extreme caution as prices may sharply reverse once speculative interest fades or regulatory actions intensify.
