Terra Classic (LUNC), despite a massive drop in value to the collapse of the Terraform labs ecosystem, is beginning to recover. LUNC has recovered a market valuation of $1 billion as of December 27 for the first time since December 14.

The milestone comes off the back of a Terra Classic rally which started on December 26, with LUNC now changing hands at $0.00017, up 13.95% in the last 24 hours and a further 27.26% across the previous week, with a total market cap of $1.014 billion after adding over $220 million in seven days.

(By Jordan Major)