Bitcoin is starting to lose its grip on the crypto market. Its dominance, which shows how much of the total market belongs to Bitcoin, has dropped to just above 62 percent. This signals a big change. Every time Bitcoin dominance falls like this, it often means one thing — altcoins are ready to shine.
We are now seeing exactly that. Over the past week, Ethereum and other top altcoins have made strong moves. Ethereum jumped nearly 24 percent in just a few days. Solana, Toncoin, and even smaller meme coins are following. This is a classic setup for what the crypto world calls “altseason” — when attention and investment move away from Bitcoin and into other coins.
And this time, Terra Classic or LUNC is getting noticed again.
Why LUNC Could Be One of the Winners
LUNC is one of the more well-known altcoins because of its history. After its massive collapse in 2022, many wrote it off. But now, it is making a slow but clear comeback.
Here’s what’s happening:
● Over 1.6 billion LUNC tokens are being burned every week. That reduces the total supply, which can help increase the price.
● Developers and the community are bringing the project back to life with new tools and updates.
● Analysts believe LUNC has a chance to climb up by more than 500 percent if it breaks past its resistance levels.
These are not just guesses. On-chain activity, token burn data, and price charts all show positive momentum. If the overall altcoin market keeps rising, LUNC has the potential to be one of the big gainers.
Altseason Is Real and LUNC Is Part of It
As Bitcoin cools down, traders are looking for faster returns. That means money is flowing into altcoins. Ethereum, Solana, XRP, and meme coins like BONK are already leading. But there is also growing interest in smaller-cap coins that can move faster and offer bigger rewards.
LUNC is one of them.
While it still has risk like any small altcoin, its active community, high burn rate, and strong market interest make it stand out. If this altcoin rally continues, LUNC could surprise many with how far it goes.
Final Thoughts
The crypto market is shifting. Bitcoin is no longer the only star. Altcoins are taking over the spotlight. And if you are watching this wave closely, Terra Classic is one of the names you should not ignore.
LUNC may have had a rough past, but the future could be much brighter. This could be its moment.