According to BlockBeats, on June 13, market data indicated a short-term breakthrough for LUNA and LUNC. This development was potentially influenced by Terraform Labs' agreement to pay a fine to the Securities and Exchange Commission (SEC). LUNA briefly surpassed $0.6, with its current price standing at $0.5933, marking a 24-hour increase of 10.4%.
In addition, LUNC also experienced a short-term breakthrough, briefly surpassing $0.000109. Its current price is $0.000108, indicating a 24-hour increase of 8.42%. The market movements of both LUNA and LUNC reflect the potential impact of regulatory decisions on cryptocurrency prices. Terraform Labs' agreement to pay the SEC fine may have contributed to the increased investor confidence, leading to the short-term price surges.