Trader and crypto commentator Amonyx announced the sale of his Terra Classic (LUNC) and Liquity (LQTY) holdings. He has redirected the proceeds to purchase XRP and WAN, underscoring his investment strategy toward more established assets.
Why Amonyx Left LUNC Behind
Terra Classic (LUNC), once at the center of a vibrant ecosystem, has seen its reputation and value sharply decline since the collapse of the original Terra blockchain in 2022. As of July 29, 2025, LUNC was trading around $0.0000612, reflecting a slight daily loss of about 0.04%. Over the past week, it has dropped nearly 10%, indicating waning momentum.
Despite community efforts to revive the token through governance proposals and token burns, Terra Classic has largely failed to reclaim meaningful utility or investor confidence. Liquidity remains low, and its price performance continues to underwhelm compared to its altcoin peers.
XRP: Repositioning Towards Institutional-Grade Utility
Amonyx’s decision to rotate capital into XRP reflects a preference for assets with high liquidity, institutional interest, and robust use cases. XRP is currently trading at approximately $3.15, having experienced a modest 3% dip over the past 24 hours.
Despite the slight pullback, XRP has been a standout performer throughout 2025, bolstered by Ripple’s growing ecosystem and its integration with financial infrastructure providers. The token’s legal clarity has also contributed to its renewed market strength.
WAN: A Speculative Bet on Interoperability
Wanchain (WAN), though lesser-known, has also attracted Amonyx’s interest. As of report time, WAN trades around $0.129, having lost about 2.9% in the last 24 hours. The project positions itself as a cross-chain infrastructure protocol aimed at enabling decentralized interoperability between blockchains.
While WAN’s lower liquidity and market capitalization place it firmly in the high-risk category, its 26% gain over the past month suggests increased investor appetite for niche, scalable blockchain solutions.
Amonyx’s transition from LUNC and LQTY to XRP and WAN is emblematic of a broader trend in today’s crypto markets—an investor exodus from underperforming, low-value tokens toward assets with greater relevance, liquidity, and long-term potential.
