Last 6 Hours’ Biggest Movers Watchlist: REQ, LUNC

Request (REQ) +27.8%

Request Network’s REQ token has been in the spotlight again after earlier reports tied sharp price moves to newsflow and trading activity around REQUSDT perpetual markets. Separately, some 2025 commentary noted REQ weakened into mid‑2025 and “touched $0.12 in September,” underscoring how quickly sentiment can swing for the asset.

#REQ powers the Request Network open‑source protocol and is described as supporting several mechanisms including anti‑spam, governance, staking, discounts, and “independency.” In past market coverage, a partnership announcement was cited as preceding gains of over 200% for REQ, followed by a pullback that erased roughly half of those gains—an example of how event-driven rallies in REQ can reverse quickly. With perpetual contract trade ideas circulating (REQUSDT), short-term price action can be amplified by leverage and positioning rather than fundamentals alone.

Given the mix of event-driven spikes and subsequent retracements described in the available facts, the near-term risk skews toward volatility rather than a clean continuation. My estimate: REQ is more likely to consolidate or pull back after a surge unless fresh, verifiable catalyst news sustains demand.


Terra Luna Classic (LUNC) +11.57%

Terra Luna Classic (LUNC) has surged sharply in very recent trading, with reports describing a roughly 90% move in 24 hours and other headlines citing spikes in the ~38% to ~45% range over similar short windows. Coverage also pointed to a major jump in trading activity, including a reported 370% spike in volume, as traders piled into the move.

#LUNC is the legacy token from the Terra ecosystem after the May 2022 collapse of UST and the devaluation of LUNA, with later reporting describing it as “now-renamed LUNC.” Recent explanations for the rally highlighted token burns increasing and on-chain activity focused on supply reduction, alongside claims that a portion of supply was “locked up.” In other words, the narrative behind the surge has centered on supply-side dynamics (burns/lockups) plus a momentum-driven rush in volume.

Parabolic, volume-led moves like this often cool once the initial burst of buying fades, especially when driven by short-term momentum. My estimate: LUNC is more likely to retrace or chop sideways after the surge than continue rising at the same pace, unless burn/lockup momentum and volume remain elevated.


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Eric Martinez

Eric Martinez

DeFi & Web3 Correspondent

Eric is at the forefront of decentralized finance and Web3 innovation. Through interviews with founders and hands-on experimentation with emerging platforms, Eric explores how blockchain technology is reshaping finance, governance, and digital ownership. His investigative reporting has uncovered both promising projects and potential pitfalls in the rapidly evolving DeFi space.