Terra Luna Classic (LUNC) has seen its market capitalization exceed $500 million for the third time this month, following a 12% price increase in the past 24 hours. The token has gained over 50% in the last 30 days, driven by a resurgence in speculative trading and meme-related sentiment. The recent price surge has brought renewed attention to LUNC, which has struggled to maintain upward momentum since the collapse of the original Terra ecosystem in 2022. Market participants are closely monitoring trading volumes and potential resistance levels as short-term holders may begin to take profits.