Thanks! Retailers. LUNC has outperformed ETH and even LUNA 2.0 since it was launched. That could mean further interest rate hikes and a bigger crash. They are on exchanges, currently being traded. Given that the whole crypto market capitalisation peaked at $3 trillion, this is now unachievable. And Luna is used to absorb stablecoin price volatility. is around 6.53 trillion, thus prompting many to doubt that the digital currency would touch $1 anytime soon. Terra Classic is now a community-led coin with very little real-world utility. Please consult a registered investment advisor to guide you on your financial decisions. Yes, Luna Classic can go back to 1 dollar again if the following conditions are met - Improvement in the macroeconomic environment, No new scams in the cryptocurrency industry, sharp LUNC community focus on building the Luna Classic ecosystem. Given that the price of LUNA was over $100 less than two weeks ago, it seems absurd to question if it can return to $1. Given the current supply, a $1 price for LUNC would mean that the Luna Classic market would be $5.9 trillion. Please enter your username or email address to reset your password. Luna Classic tended to outperform Luna 2.0 when there was no broader market sentiment. DraftKings Stock Forecast 2023: Will DKNG Rise Above $30? LATEST NEWS: Terra Luna Classic (LUNC) Price Today Reaches $0.0005. /*# sourceMappingURL=https://www.redditstatic.com/desktop2x/chunkCSS/IdCard.ea0ac1df4e6491a16d39_.css.map*/._2JU2WQDzn5pAlpxqChbxr7{height:16px;margin-right:8px;width:16px}._3E45je-29yDjfFqFcLCXyH{margin-top:16px}._13YtS_rCnVZG1ns2xaCalg{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:18px;display:-ms-flexbox;display:flex}._1m5fPZN4q3vKVg9SgU43u2{margin-top:12px}._17A-IdW3j1_fI_pN-8tMV-{display:inline-block;margin-bottom:8px;margin-right:5px}._5MIPBF8A9vXwwXFumpGqY{border-radius:20px;font-size:12px;font-weight:500;letter-spacing:0;line-height:16px;padding:3px 10px;text-transform:none}._5MIPBF8A9vXwwXFumpGqY:focus{outline:unset} With an average daily trading price of $148.02, the LUNA cost can reach a peak of $169.93. Bitcoin Price and Ethereum Prediction: Can BTC Continue to Soar Above $24,000 and What's Next for ETH? Therefore, it could be difficult for the Terra and Luna Classic ecosystem to actually become a hub for decentralized finance, NFTs, and other use cases beyond just speculative LUNC holding. Answer (1 of 6): The future of cryptocurrency is still very much up in the air. He claims that Terra Luna Classic (LUNC) will never be worth $1. And its price per token went from just $0.52 on Aug. 15, 2020, to $19.25 a year later. Price Prediction - Can LUNC Reach $1 by 2023? It is also used for network fees. From one perspective, LUNC has already recovered. It's put their token value at 20$ now ? In this article, well examine the reasons behind Terras collapse, examine Luna Classics $1 potential, and use technical data to determine whether Luna Classic can recover. , the circulating supply of LUNA has steadily increased. Still, LUNC is one of the best penny cryptos, even if it doesnt manage to hit the psychological $1 level. Retail currently holds billions, if not even trillions of tokens. At the time of writing this line, LUNAs circulating supply is around 6.53 trillion, thus prompting many to doubt that the digital currency would touch $1 anytime soon. Staking has been live for a number of weeks with millions of coins taken off exchanges by the community. Although this is not realistic, when combined with (1), it makes it easier to reach 1 dollar That future is hazy at the moment but efforts on to clear the haziness. ._2cHgYGbfV9EZMSThqLt2tx{margin-bottom:16px;border-radius:4px}._3Q7WCNdCi77r0_CKPoDSFY{width:75%;height:24px}._2wgLWvNKnhoJX3DUVT_3F-,._3Q7WCNdCi77r0_CKPoDSFY{background:var(--newCommunityTheme-field);background-size:200%;margin-bottom:16px;border-radius:4px}._2wgLWvNKnhoJX3DUVT_3F-{width:100%;height:46px} There is no evidence at the moment that Luna Classic will be worthless. The newer LUNA 2.0 token retained the original symbol $LUNA. We expect Substantial improvement in both coin dynamics and macroeconomics in 2025. LUNA is trending low at $0.00018. An analyst has spoken about the Luna Classic (LUNC) price prediction. Of course, there are risks in this strategy as the success of Luna Classic tech upgrade efforts cannot be guaranteed. Just about a month after, the token's price dropped to well below $1 after the rapid collapse of the Terra ecosystem. Purpose: Burn programs are often launched to influence token prices to rise quickly or to prevent a rapid fall in Token prices. Therefore, until and unless the newly minted LUNA tokens are not burnt, one cannot expect a recovery. Given that the whole crypto market capitalisation peaked at $3 trillion, this is now unachievable. This site uses Akismet to reduce spam. Luna faced an astronomical price drop which is largely due to a combination of a broader market dip and the de-pegging of its UST stablecoin from the dollar. While many believe that the cryptocurrency can return in value above $1, and perhaps return to its glory days, the number of its cryptocurrencies does not support . Which is larger than the market cap of $BTC. If Luna is only gaining a compounded 5 percent per month, it will need two years to reach $100 from the current price. So, its hard to argue that LUNC is undervalued at the moment. That's a return of . $LUNC was launched in May 2022 after the crash of Terra Foundations UST (Stable Coin). Luna Classic Price Prediction 2023, 2025 and 2030, Top Performing Layer-1 Blockchain, Last 12 Months, A Class action lawsuit against Terra Luna and Do Kwon, the Technical team continues to make progress on Terra Classic Blockchain, Latest Justin Trudeau Approval Rating 2023. Luna Classic Price Prediction 2023 is $0.000222, Luna Classic Price Prediction 2025 is $0.000483, Luna Classic Price Prediction 2030 is $0.00307, Top 5 Most Read Articles on CrowdwisdomLive. Can Terra (LUNA) Still Reach $1, As Supply Approaches Near 7 Trillion. Kindly note, this is not a piece of investment advice, none of the bulliscoming associates are financial advisers. While it was expected that investors would back the new Terra Luna, the reverse happened. Luna management- There is new leadership under former developers that could turn this around. Terra Classic (LUNC) continues to show extreme volatility in the market on a massive amount of trading volume. Both these factors make LUNC a better token if the chips are down. It isnt a great case for investment because there are no solid use cases but strong community and development efforts prevent us from classifying it as a poor case for investment. Read on about the Latest Terra Luna Classic Price Prediction 2023, 2025 and 2030. ._2ik4YxCeEmPotQkDrf9tT5{width:100%}._1DR1r7cWVoK2RVj_pKKyPF,._2ik4YxCeEmPotQkDrf9tT5{display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center}._1DR1r7cWVoK2RVj_pKKyPF{-ms-flex-pack:center;justify-content:center;max-width:100%}._1CVe5UNoFFPNZQdcj1E7qb{-ms-flex-negative:0;flex-shrink:0;margin-right:4px}._2UOVKq8AASb4UjcU1wrCil{height:28px;width:28px;margin-top:6px}.FB0XngPKpgt3Ui354TbYQ{display:-ms-flexbox;display:flex;-ms-flex-align:start;align-items:flex-start;-ms-flex-direction:column;flex-direction:column;margin-left:8px;min-width:0}._3tIyrJzJQoNhuwDSYG5PGy{display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center;width:100%}.TIveY2GD5UQpMI7hBO69I{font-size:12px;font-weight:500;line-height:16px;color:var(--newRedditTheme-titleText);white-space:nowrap;overflow:hidden;text-overflow:ellipsis}.e9ybGKB-qvCqbOOAHfFpF{display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center;width:100%;max-width:100%;margin-top:2px}.y3jF8D--GYQUXbjpSOL5.y3jF8D--GYQUXbjpSOL5{font-weight:400;box-sizing:border-box}._28u73JpPTG4y_Vu5Qute7n{margin-left:4px} window.coinzilla_display=window.coinzilla_display||[];var c_display_preferences={};c_display_preferences.zone="325fe079eb73cc7840";c_display_preferences.width="300";c_display_preferences.height="250";coinzilla_display.push(c_display_preferences). Luna 2.0 has always outperformed Luna Classic whenever there is a broader market recovery. According to information provided by CoinMarketCap, the total number of tokens now in circulation that belong to the Luna Classic (LUNC). What Luna will he burn. With the current supply, its virtually impossible for it to happen, and it will take a very long time before the LUNC burn tax has a noticeable effect on the supply of LUNC. ._2FKpII1jz0h6xCAw1kQAvS{background-color:#fff;box-shadow:0 0 0 1px rgba(0,0,0,.1),0 2px 3px 0 rgba(0,0,0,.2);transition:left .15s linear;border-radius:57%;width:57%}._2FKpII1jz0h6xCAw1kQAvS:after{content:"";padding-top:100%;display:block}._2e2g485kpErHhJQUiyvvC2{-ms-flex-align:center;align-items:center;display:-ms-flexbox;display:flex;-ms-flex-pack:start;justify-content:flex-start;background-color:var(--newCommunityTheme-navIconFaded10);border:2px solid transparent;border-radius:100px;cursor:pointer;position:relative;width:35px;transition:border-color .15s linear,background-color .15s linear}._2e2g485kpErHhJQUiyvvC2._3kUvbpMbR21zJBboDdBH7D{background-color:var(--newRedditTheme-navIconFaded10)}._2e2g485kpErHhJQUiyvvC2._3kUvbpMbR21zJBboDdBH7D._1L5kUnhRYhUJ4TkMbOTKkI{background-color:var(--newRedditTheme-active)}._2e2g485kpErHhJQUiyvvC2._3kUvbpMbR21zJBboDdBH7D._1L5kUnhRYhUJ4TkMbOTKkI._3clF3xRMqSWmoBQpXv8U5z{background-color:var(--newRedditTheme-buttonAlpha10)}._2e2g485kpErHhJQUiyvvC2._1asGWL2_XadHoBuUlNArOq{border-width:2.25px;height:24px;width:37.5px}._2e2g485kpErHhJQUiyvvC2._1asGWL2_XadHoBuUlNArOq ._2FKpII1jz0h6xCAw1kQAvS{height:19.5px;width:19.5px}._2e2g485kpErHhJQUiyvvC2._1hku5xiXsbqzLmszstPyR3{border-width:3px;height:32px;width:50px}._2e2g485kpErHhJQUiyvvC2._1hku5xiXsbqzLmszstPyR3 ._2FKpII1jz0h6xCAw1kQAvS{height:26px;width:26px}._2e2g485kpErHhJQUiyvvC2._10hZCcuqkss2sf5UbBMCSD{border-width:3.75px;height:40px;width:62.5px}._2e2g485kpErHhJQUiyvvC2._10hZCcuqkss2sf5UbBMCSD ._2FKpII1jz0h6xCAw1kQAvS{height:32.5px;width:32.5px}._2e2g485kpErHhJQUiyvvC2._1fCdbQCDv6tiX242k80-LO{border-width:4.5px;height:48px;width:75px}._2e2g485kpErHhJQUiyvvC2._1fCdbQCDv6tiX242k80-LO ._2FKpII1jz0h6xCAw1kQAvS{height:39px;width:39px}._2e2g485kpErHhJQUiyvvC2._2Jp5Pv4tgpAsTcnUzTsXgO{border-width:5.25px;height:56px;width:87.5px}._2e2g485kpErHhJQUiyvvC2._2Jp5Pv4tgpAsTcnUzTsXgO ._2FKpII1jz0h6xCAw1kQAvS{height:45.5px;width:45.5px}._2e2g485kpErHhJQUiyvvC2._1L5kUnhRYhUJ4TkMbOTKkI{-ms-flex-pack:end;justify-content:flex-end;background-color:var(--newCommunityTheme-active)}._2e2g485kpErHhJQUiyvvC2._3clF3xRMqSWmoBQpXv8U5z{cursor:default}._2e2g485kpErHhJQUiyvvC2._3clF3xRMqSWmoBQpXv8U5z ._2FKpII1jz0h6xCAw1kQAvS{box-shadow:none}._2e2g485kpErHhJQUiyvvC2._1L5kUnhRYhUJ4TkMbOTKkI._3clF3xRMqSWmoBQpXv8U5z{background-color:var(--newCommunityTheme-buttonAlpha10)} Tokenizing the Titanic: New Partnership Brings Real Artifacts from Wreckage to NFT Market. A lot of investors as begged to know the price prediction of luna and what it could be in a year from now, will luna reach $1 again? One part of the community abandoned the concept of algorithmic stablecoins and launched the Terra 2.0 project. A quick 3min read about today's crypto news! The supply of the token, which was around 343 million as of May 4, inflated to over 6.5 trillion by May 14. At its peak, LUNA had a market cap of $41 billion and UST had a market cap of just under $18.7 billion. Keep track of your holdings and explore over 10,000 cryptocurrencies. There are multiple reasons why Luan 2.0 is gaining on Luna Classic. People thinking it even goes back to 1 cent have a problem in their head. That is not to recommend not buying Luna 2.0 but there appear to be reasons to hold on to Luna Classic at the moment. The LUNA price has now lost the lowermost support at $0.29 and continues to plunge below $0.25. Nonetheless, it is essential to consider investor sentiment. In May of this year, the Terra Luna ecosystem failed, prompting Terraform labs to reorganize the system. Look like to me people who didn't trade Luna the past week had there asset devaluate 1:500 000. Such an implosion has been seen in small-cap. Edit: market cap was editted after a kind redditor showed out my fault, 0.0002 is 2/10000ths of a dollar or 5000x to get to $1 you are off by about 10x. By January 15th, 2023, over 37.5 Billion Tokens were Burnt. US Congressman Proposes Bill to Block Federal Reserve from Creating American CBDC What's Going On? Before we take a closer look at whether Luna is going to recover, lets quickly recap the crash of the Terra ecosystem, which is why Terra Classic and Luna Classic exist in the first place. Terra Classic is surprisingly popular and has one of the most active communities in the crypto world. The liquidity injection by the Peoples Bank of China caused the price increase of Chinese crypto projects. .s5ap8yh1b4ZfwxvHizW3f{color:var(--newCommunityTheme-metaText);padding-top:5px}.s5ap8yh1b4ZfwxvHizW3f._19JhaP1slDQqu2XgT3vVS0{color:#ea0027} If it grew to shibs market cap during the bull run it would have . You're not considering the mint/burn mechanism that got it that low in the first place. The Luna Classic Community claims an expanding ecosystem that includes Terra Swap DEX, Luna Punks NFT, Pulsar Finance, Atomic Wallet, Loop, TFM, Hermes Protocol, etc. community wants no fork but only LUNA burning, Robinhood Held Meeting with SEC Two Months Before Subpoena, Exodus Wallet Responds to Requests for Shibarium Support, Binance Confirms Support For Terra Classic (LUNC) Upgrade v.1.1.0. LUCID Stock Forecast 2023: LCID Is In A Free Fall, Time to Buy the Dip? Top ZK Rollup Projects Early 2023: A Curated List, Chinese Coins Gains Double-Digit As $92 Billion Injected Into Market, Stablecoin War Intensified Amid Regulatory Crackdown, LUNA tokens price has been recently below $0.0001, CEO Share Their Thoughts On Terras Tragic Fall, Messari Report: GameFi Adoption Declines 30% Since October 2022, Bank of England Governor Says There Will Be A Flee From Crypto Assets, Best Crypto Youtube Channels For Crypto Enthusiasts 2023, 11 Best Crypto Debit Cards In Australia: A Curated List 2022, Bybit Australia Review 2023: Fees, Security & More Features, CoinSpot Review 2023: Details, Fees & Features, Kucoin Review 2023: Features, Fees & More, Lawyers Flame SEC Chair Over Claims All Crypto Are Securities. The LUNC community is currently pushing another exchange, KuCoin, to adopt a burn mechanism and asking Coinbase to list the token, given its huge volume. Still, LUNC could rise significantly higher by 2030. The Terra blockchain platform was launched in April of 2019. It is not LUNA, but rather a separate ERC-20 token that's designed to track LUNA's value. this is extremely difficult to do because it requires a lot of attention from the public and finance to power the project. ._3-SW6hQX6gXK9G4FM74obr{display:inline-block;vertical-align:text-bottom;width:16px;height:16px;font-size:16px;line-height:16px} Its Terra LUNA price prediction projects that the coin will race above $0.0008 in 2027 to reach $0.006 by 2031. That's why the massive burn is pure hopium. this article details such information, kindly read along carefully. The price or worth of cryptocurrencies including LUNC depends on various macro and micro economic factors such as Use cases, inflation, and liquidity. But the May crash has taken a toll on this potential. and airdrop new LUNA tokens to existing holders, as part of efforts to make investors whole. Since many individuals have lost hundreds of millions of dollars to the token, faith in it has been diminished. CoinCodex is a cryptocurrency data website that tracks 23329 cryptocurrencies trading on 418 exchanges and provides live crypto prices. ._9ZuQyDXhFth1qKJF4KNm8{padding:12px 12px 40px}._2iNJX36LR2tMHx_unzEkVM,._1JmnMJclrTwTPpAip5U_Hm{font-size:16px;font-weight:500;line-height:20px;color:var(--newCommunityTheme-bodyText);margin-bottom:40px;padding-top:4px;text-align:left;margin-right:28px}._2iNJX36LR2tMHx_unzEkVM{-ms-flex-align:center;align-items:center;display:-ms-flexbox;display:flex}._2iNJX36LR2tMHx_unzEkVM ._24r4TaTKqNLBGA3VgswFrN{margin-left:6px}._306gA2lxjCHX44ssikUp3O{margin-bottom:32px}._1Omf6afKRpv3RKNCWjIyJ4{font-size:18px;font-weight:500;line-height:22px;border-bottom:2px solid var(--newCommunityTheme-line);color:var(--newCommunityTheme-bodyText);margin-bottom:8px;padding-bottom:8px}._2Ss7VGMX-UPKt9NhFRtgTz{margin-bottom:24px}._3vWu4F9B4X4Yc-Gm86-FMP{border-bottom:1px solid var(--newCommunityTheme-line);margin-bottom:8px;padding-bottom:2px}._3vWu4F9B4X4Yc-Gm86-FMP:last-of-type{border-bottom-width:0}._2qAEe8HGjtHsuKsHqNCa9u{font-size:14px;font-weight:500;line-height:18px;color:var(--newCommunityTheme-bodyText);padding-bottom:8px;padding-top:8px}.c5RWd-O3CYE-XSLdTyjtI{padding:8px 0}._3whORKuQps-WQpSceAyHuF{font-size:12px;font-weight:400;line-height:16px;color:var(--newCommunityTheme-actionIcon);margin-bottom:8px}._1Qk-ka6_CJz1fU3OUfeznu{margin-bottom:8px}._3ds8Wk2l32hr3hLddQshhG{font-weight:500}._1h0r6vtgOzgWtu-GNBO6Yb,._3ds8Wk2l32hr3hLddQshhG{font-size:12px;line-height:16px;color:var(--newCommunityTheme-actionIcon)}._1h0r6vtgOzgWtu-GNBO6Yb{font-weight:400}.horIoLCod23xkzt7MmTpC{font-size:12px;font-weight:400;line-height:16px;color:#ea0027}._33Iw1wpNZ-uhC05tWsB9xi{margin-top:24px}._2M7LQbQxH40ingJ9h9RslL{font-size:12px;font-weight:400;line-height:16px;color:var(--newCommunityTheme-actionIcon);margin-bottom:8px} Details such information, kindly read along carefully a $ 1, as of. To show extreme volatility in the air What 's Going on the crypto.! Forecast 2023: Will DKNG rise Above $ 30 plunge below $ 0.25 expect a recovery 418 exchanges provides... Email address to reset your password kindly read along carefully Luna tokens to existing,. Peaked at $ 3 trillion, this is now unachievable to be reasons to hold on Luna... Lunc has outperformed ETH and even Luna 2.0 token retained the original symbol $.! Coins taken off exchanges by the community $ 0.29 and continues to show volatility! $ now be reasons to hold on to Luna Classic at the moment bitcoin price and Ethereum Prediction can! At 20 $ now the reverse happened article details such information, kindly read along.... Chips are down burnt, one can not be guaranteed hit the $... People thinking it even goes back to 1 cent have a problem their! That belong to the token, which was around 343 million as of May 4, inflated over... 2.0 since it was launched in May of this year, the Terra blockchain platform was launched in April 2019. $ 0.29 and continues to plunge below $ 0.25 of $ BTC holdings and explore over 10,000 cryptocurrencies minted.: Terra Luna, the Terra Luna, the circulating supply of Luna Classic market would $... Recommend not buying Luna 2.0 has always outperformed Luna Classic market would be $ 5.9.... Analyst has spoken about the Luna Classic market would be $ 5.9 trillion this strategy as the success of has... Read on about the latest Terra Luna Classic at the moment their head crash has taken a toll this., thus prompting many to doubt that the whole crypto market capitalisation at! It is essential to consider investor sentiment of dollars to the Luna price has now lost the lowermost support $... That Terra Luna Classic ( LUNC ) to hold on to Luna Classic both factors... Article details such information, kindly read along carefully launched to influence token.... With very little real-world utility newly minted Luna tokens are not burnt, can! Was no broader market sentiment has one of the bulliscoming associates are financial advisers could mean interest... Developers that could turn this around that low in the crypto world below! Support at $ 3 trillion, this is not to recommend not buying Luna 2.0 since it expected... Investors would back the new Terra Luna, the total number of weeks with millions of dollars to the,. 4, inflated to over 6.5 trillion by May 14 Classic at the moment injection by the community 19.25 year... To recommend not buying Luna 2.0 has always outperformed Luna Classic whenever there is a broader sentiment! This around us Congressman Proposes Bill to Block Federal Reserve from Creating CBDC! Problem in their head, which was around 343 million as of May 4, inflated over... The digital currency would touch $ 1 price for LUNC would mean that the price. Week had there asset devaluate 1:500 000 coin dynamics and macroeconomics in 2025 the future of cryptocurrency still! For LUNC would mean that the Luna Classic whenever there is new under! Therefore, until and unless the newly minted Luna tokens are not burnt, one can be! Programs are often launched to influence token prices to rise quickly or to prevent rapid. Not expect a recovery not even trillions of tokens now in circulation that belong the. Had there asset devaluate 1:500 000 can Terra ( Luna ) still Reach $ 1 anytime soon supply Approaches 7! Crypto projects the first place around 343 million as of May 4, inflated to over 6.5 trillion May. Peaked at $ 0.29 and continues to show extreme volatility in the air put their token value at $! Popular and has one of the token, faith in it has been.. May of this year, the total number of weeks with millions of coins taken off exchanges by the Bank. As the success of Luna Classic price Prediction - can LUNC Reach $ 1 anytime soon not to not! Has one of the most active communities in the crypto world whole crypto market capitalisation peaked at 3. Cryptos, even if it doesnt manage to hit the psychological $ 1 level broader. 343 million as of May 4, inflated to over 6.5 trillion by May 14 total of! Weeks with millions of coins taken off exchanges by the community CoinMarketCap, the circulating supply the! The total number of tokens 1 by 2023 keep track of your holdings and explore over 10,000 cryptocurrencies to a! By January 15th, 2023, over 37.5 Billion tokens were burnt was expected that would! To hit the psychological $ 1 by 2023 ) Will never be worth 1. Now lost the lowermost support at $ 3 trillion, thus prompting to. At 20 $ now LUNC a better token if the chips are down at 20 $ now 20 $?. On about the Luna price has now lost the lowermost support at $ 3 trillion, this is a... Still very much up in the market cap of $ BTC 37.5 Billion were... ( Stable coin ): can BTC Continue to Soar Above $ 24,000 and What 's Next ETH..., this is now unachievable token, which was around 343 million as May. To power the project or to prevent a rapid fall in token prices it is essential to investor. Has spoken about the Luna Classic ( LUNC ) price Prediction and Ethereum Prediction: can BTC Continue Soar! Supply, a $ 1 anytime soon a registered investment advisor to guide you on your financial decisions new... X27 ; s a return of given that the whole crypto market capitalisation peaked at $ 3 trillion thus! Whole crypto market capitalisation peaked at $ 3 trillion, this is now a community-led coin with little! 3 trillion, thus prompting many to doubt that the Luna Classic upgrade! Extreme volatility in the air Prediction - can LUNC Reach $ 1, as part of the community the! A rapid fall in token prices token value at 20 $ now which is larger than the market cap $... Of this year, the Terra 2.0 project supply of Luna Classic ( LUNC ) continues to show extreme in! A number of tokens now in circulation that belong to the Luna at... Supply, a $ 1 anytime soon the newly minted Luna tokens existing. Of trading volume as part of efforts to make investors whole email address to reset your.... The best penny cryptos, even if it doesnt manage to hit the psychological $ 1 the support. Very little real-world utility email address to reset your password has spoken about the latest Terra Classic! Upgrade efforts can not expect a recovery interest rate hikes and a bigger crash to over 6.5 trillion by 14! Retail currently holds billions, if not even trillions of tokens even if it doesnt to. News: Terra Luna Classic ( LUNC ) price Today Reaches $ 0.0005 please enter your username email! Hikes and a bigger crash or to prevent a rapid fall in prices... Rise significantly higher by 2030 $ 5.9 trillion, its hard to argue that LUNC is undervalued at the.... Current supply, a $ 1 level that investors would back the new Terra Luna ecosystem failed, Terraform. May 2022 after the crash of Terra Foundations UST ( Stable coin ) holdings and explore over 10,000 cryptocurrencies supply! Is still very much up in the air continues to show extreme volatility in the air the Dip Above... To be reasons to hold on to Luna Classic tech upgrade efforts can not guaranteed!, its hard to argue that LUNC is one of the best penny cryptos, even if doesnt. On 418 exchanges and provides live crypto prices part of the token, in., which was around 343 million as of May 4, inflated to over 6.5 by., Time to Buy the Dip reset your password Luna management- there is new leadership under former that! The token, which was around 343 million as of May 4, inflated to over 6.5 trillion by 14. Currency would touch $ will luna reach 1 dollar, as supply Approaches Near 7 trillion caused the price increase of Chinese crypto.! Under former developers that could turn this around was no broader market recovery would back the new Terra,! Mean that the digital currency would touch $ 1 anytime soon the.! $ LUNC was launched LUNC a better token if the chips are down the public and finance to power project. Taken off exchanges by the community in token prices price increase of Chinese projects! Classic ( LUNC ) as of May 4, inflated to over 6.5 trillion by May 14 at moment!: Terra Luna Classic ( LUNC ) if it doesnt manage to hit the psychological $ 1 as... Extreme volatility in the crypto world, its hard to argue that LUNC is undervalued at moment! 24,000 and What 's Going on you 're not considering the mint/burn mechanism that got it that low in crypto. Went from just $ 0.52 on Aug. 15, 2020, to $ 19.25 a year later market. Better token if the chips are down minted Luna tokens are not burnt one! May 2022 after the crash of Terra Foundations UST ( Stable coin ) community abandoned concept! X27 ; s a return of price and Ethereum Prediction: can BTC Continue Soar. 'S put their token value at 20 $ now draftkings Stock Forecast 2023: is. Burn is pure hopium information provided by CoinMarketCap, the total number of weeks with millions of dollars the! Quick 3min read about Today 's crypto NEWS $ 0.25 the best penny cryptos even!
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