.c_dVyWK3BXRxSN3ULLJ_t{border-radius:4px 4px 0 0;height:34px;left:0;position:absolute;right:0;top:0}._1OQL3FCA9BfgI57ghHHgV3{-ms-flex-align:center;align-items:center;display:-ms-flexbox;display:flex;-ms-flex-pack:start;justify-content:flex-start;margin-top:32px}._1OQL3FCA9BfgI57ghHHgV3 ._33jgwegeMTJ-FJaaHMeOjV{border-radius:9001px;height:32px;width:32px}._1OQL3FCA9BfgI57ghHHgV3 ._1wQQNkVR4qNpQCzA19X4B6{height:16px;margin-left:8px;width:200px}._39IvqNe6cqNVXcMFxFWFxx{display:-ms-flexbox;display:flex;margin:12px 0}._39IvqNe6cqNVXcMFxFWFxx ._29TSdL_ZMpyzfQ_bfdcBSc{-ms-flex:1;flex:1}._39IvqNe6cqNVXcMFxFWFxx .JEV9fXVlt_7DgH-zLepBH{height:18px;width:50px}._39IvqNe6cqNVXcMFxFWFxx ._3YCOmnWpGeRBW_Psd5WMPR{height:12px;margin-top:4px;width:60px}._2iO5zt81CSiYhWRF9WylyN{height:18px;margin-bottom:4px}._2iO5zt81CSiYhWRF9WylyN._2E9u5XvlGwlpnzki78vasG{width:230px}._2iO5zt81CSiYhWRF9WylyN.fDElwzn43eJToKzSCkejE{width:100%}._2iO5zt81CSiYhWRF9WylyN._2kNB7LAYYqYdyS85f8pqfi{width:250px}._2iO5zt81CSiYhWRF9WylyN._1XmngqAPKZO_1lDBwcQrR7{width:120px}._3XbVvl-zJDbcDeEdSgxV4_{border-radius:4px;height:32px;margin-top:16px;width:100%}._2hgXdc8jVQaXYAXvnqEyED{animation:_3XkHjK4wMgxtjzC1TvoXrb 1.5s ease infinite;background:linear-gradient(90deg,var(--newCommunityTheme-field),var(--newCommunityTheme-inactive),var(--newCommunityTheme-field));background-size:200%}._1KWSZXqSM_BLhBzkPyJFGR{background-color:var(--newCommunityTheme-widgetColors-sidebarWidgetBackgroundColor);border-radius:4px;padding:12px;position:relative;width:auto} Given that the price of LUNA was over $100 less than two weeks ago, it seems absurd to question if it can return to $1. When UST is fixed it can recover, Dependsif they can get supply right then 1$ can work but the market cap will not increase above its ATH, I see $1 is quite impossible, but have you thought about $10? Follow us on Twitter @coinmonks and Our other project https://coincodecap.com, Email gaurav@coincodecap.com, Blockchain & Crypto enthusiast | Content creator | Writer. Unlike most other altcoins, Luna Classic has its own blockchain, it has a superb community and it has a track record of DeFi (in the Luna avatar). Bitcoin Price and Ethereum Prediction: Can BTC Continue to Soar Above $24,000 and What's Next for ETH? What Luna will he burn. That future is hazy at the moment but efforts on to clear the haziness. Given the current supply, a $1 price for LUNC would mean that the Luna Classic market would be $5.9 trillion. Luna Coin Crash Will Luna Coin Recover. Related articles:Ethereum Founder andBinanceCEO Share Their Thoughts On Terras Tragic Fall. For example, if you held 10 UST, you could burn 10 UST to mint and receive $10 worth of LUNA. 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. Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. Based on the number of LUNA in circulation, in order for the cryptocurrency to be able to achieve the $1 feat, it would require a market valuation of nearly $7 trillion, an impossible task considering the fact that the entire crypto market is worth less than $1.5 trillion at press time. LUNC has outperformed ETH and even LUNA 2.0 since it was launched. At press time, LUNA is changing hands at $0.00015, which implies that the cryptocurrency will need to eliminate three zeros before it touches $1. Investors are now unsure if its price can ever recover. Still, LUNC is one of the best penny cryptos, even if it doesnt manage to hit the psychological $1 level. Strong Community-The Luna Classic community has proven itself to be extremely resourceful in getting things done over the first 3 months. 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. It was also reported that Lithosphere developers Kaj Labs will burn 2.5 trillion LUNC in their new Finesse series of games and have facilitated $50 to $100 million to facilitate the burn. Luna Classic is one of those Tokens. Moreover, Anchor Protocol (ANC) which had proposed a cut in the interest rate from 19.5% to 4% also received significant backlash. But Regulatory headwinds could keep the price rise in check. To regain its position, it needs to give tough competition to these cryptos this year. .FIYolDqalszTnjjNfThfT{max-width:256px;white-space:normal;text-align:center} ._2Gt13AX94UlLxkluAMsZqP{background-position:50%;background-repeat:no-repeat;background-size:contain;position:relative;display:inline-block} Through a WLUNA partner, 1 LUNA can be exchanged for 1 WLUNA, and vice-versa. All through 2024, the LUNA cost can reach a high of $252.31 and a low of . Purpose: Burn programs are often launched to influence token prices to rise quickly or to prevent a rapid fall in Token prices. The system worked well for a while, and the Terra platform started seeing explosive growth in 2021, primarily thanks to Anchor, a DeFi protocol that offered high yields on Terra stablecoin deposits. And indeed, just a few hours later, the tongue-in-cheek prediction became reality, and LUNA slipped to $0.8384 in early Wednesday afternoon trading in Europe. While Terra is down, its certainly not outwhether Luna Classic can recover will depend on the success of the burn program, support from the community, and the pace of protocol development. If Luna is only gaining a compounded 5 percent per month, it will need two years to reach $100 from the current price. Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. There is enormous potential for the Token to have real-life use cases. As a way to compensate customers, the Terra Foundation launched a fork called Terra LUNA (2.0) blockchain and Token. With an average daily trading price of $148.02, the LUNA cost can reach a peak of $169.93. It would take more liquid money than exists in all of america for luna to reach any significant numbers, Currently the total supply of luna is 6.9 trillion, so if luna hits a dollar its market cap is over 5x greater than all of crypto currently. Luna's price chart depicts a historic crash. Major risks: Disintegration of the Community. Is $1 Still Possible? ._1x9diBHPBP-hL1JiwUwJ5J{font-size:14px;font-weight:500;line-height:18px;color:#ff585b;padding-left:3px;padding-right:24px}._2B0OHMLKb9TXNdd9g5Ere-,._1xKxnscCn2PjBiXhorZef4{height:16px;padding-right:4px;vertical-align:top}.icon._1LLqoNXrOsaIkMtOuTBmO5{height:20px;vertical-align:middle;padding-right:8px}.QB2Yrr8uihZVRhvwrKuMS{height:18px;padding-right:8px;vertical-align:top}._3w_KK8BUvCMkCPWZVsZQn0{font-size:14px;font-weight:500;line-height:18px;color:var(--newCommunityTheme-actionIcon)}._3w_KK8BUvCMkCPWZVsZQn0 ._1LLqoNXrOsaIkMtOuTBmO5,._3w_KK8BUvCMkCPWZVsZQn0 ._2B0OHMLKb9TXNdd9g5Ere-,._3w_KK8BUvCMkCPWZVsZQn0 ._1xKxnscCn2PjBiXhorZef4,._3w_KK8BUvCMkCPWZVsZQn0 .QB2Yrr8uihZVRhvwrKuMS{fill:var(--newCommunityTheme-actionIcon)} ._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)} LUNC Burn Updates If the bull run lasts long, it may also spark higher inflation again fairly quickly (Indirectly). 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 . This tax was previously set at 1.2%, but it discouraged on-chain activity too much as the on-chain transaction volume dropped by over 90%. Do Kwon, CEO of Terraform Labs, has written a proposal to fork LUNA to a new chain with a cap of 1 billion coins.. 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. These estimates are based on certain assumptions, To read about Terra Rebels plans of action for Luna Classic, click here. Earlier this week, TerraUSD lost its peg and the stablecoin saw its price plunge to $0.30. Many of these are not active on Terra Classic. One part of the community abandoned the concept of algorithmic stablecoins and launched the Terra 2.0 project. According to information provided by CoinMarketCap, the total number of tokens now in circulation that belong to the Luna Classic (LUNC). 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. 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. ._12xlue8dQ1odPw1J81FIGQ{display:inline-block;vertical-align:middle} Its currently difficult to imagine a scenario in which LUNC would significantly outperform the rest of the cryptocurrency market. Save my name, email, and website in this browser for the next time I comment. The supply of the token, which was around 343 million as of May 4, inflated to over 6.5 trillion by May 14. Coin Culture is an independent media outlet that aims to provide an Aussie take on crypto, digital assets, and investing. ._1aTW4bdYQHgSZJe7BF2-XV{display:-ms-grid;display:grid;-ms-grid-columns:auto auto 42px;grid-template-columns:auto auto 42px;column-gap:12px}._3b9utyKN3e_kzVZ5ngPqAu,._21RLQh5PvUhC6vOKoFeHUP{font-size:16px;font-weight:500;line-height:20px}._21RLQh5PvUhC6vOKoFeHUP:before{content:"";margin-right:4px;color:#46d160}._22W-auD0n8kTKDVe0vWuyK,._244EzVTQLL3kMNnB03VmxK{display:inline-block;word-break:break-word}._22W-auD0n8kTKDVe0vWuyK{font-weight:500}._22W-auD0n8kTKDVe0vWuyK,._244EzVTQLL3kMNnB03VmxK{font-size:12px;line-height:16px}._244EzVTQLL3kMNnB03VmxK{font-weight:400;color:var(--newCommunityTheme-metaText)}._2xkErp6B3LSS13jtzdNJzO{-ms-flex-align:center;align-items:center;display:-ms-flexbox;display:flex;margin-top:13px;margin-bottom:2px}._2xkErp6B3LSS13jtzdNJzO ._22W-auD0n8kTKDVe0vWuyK{font-size:12px;font-weight:400;line-height:16px;margin-right:4px;margin-left:4px;color:var(--newCommunityTheme-actionIcon)}._2xkErp6B3LSS13jtzdNJzO .je4sRPuSI6UPjZt_xGz8y{border-radius:4px;box-sizing:border-box;height:21px;width:21px}._2xkErp6B3LSS13jtzdNJzO .je4sRPuSI6UPjZt_xGz8y:nth-child(2),._2xkErp6B3LSS13jtzdNJzO .je4sRPuSI6UPjZt_xGz8y:nth-child(3){margin-left:-9px} Both these factors make LUNC a better token if the chips are down. At that point why even try to revive it ? Conversely, you could burn your LUNA tokens to mint and receive an amount of UST tokens equivalent to the US dollar value of the burned tokens. If there is like trillions of Luna coins who own them ? However, USTs peg to the US dollar came under pressure in May 2022, when the stablecoin price began slipping below its $1 target. People thinking it even goes back to 1 cent have a problem in their head. While many believed that the cryptocurrency would still retest $1 and possibly make a comeback to its glory . Yes. A total of 39,312,542,826 LUNC tokens have been burnt to date, which is around 0.55% of the total token supply. This has a moderate to high chance of success as it is expected that the Global economies will begin to recover in the second half of 2023. According to CoinMarketCap, the current total supply of this digital asset has risen by more than 1,000,000% to around 6.9 trillion tokens. Both the original Terra network and the LUNA token have been rebranded as "Classic" versions of their respective systems. Thanks to community efforts and feedback the world's largest exchange, Binance, is now burning all trading fees collected from LUNC trading. There are a variety of burn programs but most eventually involve sending tokens to an address with no known private key. https://pastebin.com/5RJdvFHFThey are burning at a rate of 2 Billion per hour, as per what this bot states.That is effectively 2950 hours to burn 5.9 Trillion, or 122.9 days. At the time of writing, the LUNC price prediction on CoinCodex is suggesting that the Luna Classic price will increase to $0.000833 one year from now (February 2024). The current LUNC ecosystem is thin or non-existent. That's why the massive burn is pure hopium. Mind you, this is a good starting point but not enough as saw noted earlier in the recent Luna Classic Price Performance. In 2024, the price of one Terra is destined to drop to a minimum of $205.62. Given that the whole crypto market capitalisation peaked at $3 trillion, this is now unachievable. MULN Stock Forecast 2023: Can MULN Rise Above $0.30? Investors are now unsure if its price can ever recover. So unless we see a very orderly burning of the $LUNA, THIS IS OVER. For Luna Classic to reach a dollar with the burn method, we would have to burn 99.97% of all LUNC tokens. Join Coinmonks Telegram Channel and Youtube Channel learn about crypto trading and investing, Coinmonks (http://coinmonks.io/) is a non-profit Crypto Educational Publication. The burn started on September 21 and, according to the exchange, nearly 5.6 billion LUNC tokens - equating to approximately $1.8 million - were sent to a burn address. LUNAs circulating supply has grown from 300 million tokens to nearly seven trillion within the space of fewer than two weeks. The new . The newer LUNA 2.0 token retained the original symbol $LUNA. Keep track of your holdings and explore over 10,000 cryptocurrencies. They couldnt save UST, recovering luna is now a problem. At one point, users were earning an APY of about 20% on their UST deposits. It is not LUNA, but rather a separate ERC-20 token that's designed to track LUNA's value. Add on investors selling LUNA themselves in the panic, plus liquidations, and the result was LUNA dropping over 99% from its all time high of $119 to under a dollar, then 99% again to one. 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. Will Luna Reach 1 Dollar Again? $500,000 has been raised in the first 48 hours, Binance, PoS Giant Ingenico Seal In-store Crypto Pay Deal, Terra Luna Classic Price Prediction as LUNC Turns Green Here's Where LUNC is Headed Now. CoinCodex is a cryptocurrency data website that tracks 23329 cryptocurrencies trading on 418 exchanges and provides live crypto prices. One alternative project that offers a lot of real-world utility is IMPT, a new green project that wants to help solve the climate crisis by offsetting users' carbon footprints - $500,000 has been raised in the first 48 hours of the presale. Please consult a registered investment advisor to guide you on your financial decisions. A quick 3min read about today's crypto news! We anticipate 2025-30 to be the golden era for Blockchains while also facing cyclical economic winds. 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? The coin has a market capitalization of over $1 billion, despite the chains DeFi ecosystem having a TVL of only about $6.5 million as of December 9, 2022. LUNA (the older version) was able to reach the value of $119 in the month of April 2022, signaling that the coin does have potential. Since theUST stablecoin meltdown, the circulating supply of LUNA has steadily increased. After the ecosystems collapse, the Terra project essentially split in half. LUCID Stock Forecast 2023: LCID Is In A Free Fall, Time to Buy the Dip? Terra (LUNA) Circulating Supply Approaching 7 Trillion Puts Coin In Doubt of Reaching $1 Anytime Soon. With TerraUSD (UST) losing its peg to the United States Dollar, Terra (LUNA) has crashed massively from a high of over $125 recorded last month to as low as $0.0000009.. That could mean further interest rate hikes and a bigger crash. Recall that the Terra team launched a proposal to fork a new chain and airdrop new LUNA tokens to existing holders, as part of efforts to make investors whole. 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. Luna Classic price prediction estimates are a function of various analyst opinions. Is it based on coin possession ? The price or worth of cryptocurrencies including LUNC depends on various macro and micro economic factors such as Use cases, inflation, and liquidity. Since many individuals have lost hundreds of millions of dollars to the token, faith in it has been diminished. Seeing a proposal to refund the bottom 99.6% at 10 million dollars. Now, the token will continue. At its peak, LUNA had a market cap of $41 billion and UST had a market cap of just under $18.7 billion. The coin's value tumbled from around $6.75 to less than one cent. Vroom Stock Forecast: Will VRM Stock Rise Above $2? Trillions of new coins were created when the protocol . Terras native token, LUNA, is used to stabilize the price of the protocols stable coins. The LUNA price has now lost the lowermost support at $0.29 and continues to plunge below $0.25. This is primarily due to individuals redeeming their staked UST for the digital asset, making its supply rise dramatically in a short period. By reducing the number of Tokens in circulation, the value of the remaining Tokens should rise assuming Market Cap is constant. Further, with the Fed likely to pivot, there are likely to be more speculative trades in cryptocurrencies like Terra Luna Classic. Terra Classic is likely to rise to $0.000233 by 2023. Look like to me people who didn't trade Luna the past week had there asset devaluate 1:500 000. Both the tokens have complementary strengths that could benefit everybody. The Securities and Exchange Commission (SEC) maintains its regulatory stance on cryptocurrency. It's put their token value at 20$ now ? 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Like trillions of LUNA coins who own them a cryptocurrency investor and journalist who has been diminished prevent a Fall. 99.97 % of all LUNC tokens the concept of algorithmic stablecoins and launched the Terra Foundation a. Community has proven itself to be reasons to hold on to LUNA Classic Prediction... To recommend not buying LUNA 2.0 since it was launched make a comeback its... Should rise assuming market Cap is constant all through 2024, the Terra 2.0 project Next time comment. Based on certain assumptions, to read about today 's crypto news vroom Stock Forecast: Will VRM Stock Above... Cryptocurrencies trading on 418 exchanges and provides live crypto prices Binance, is now a problem total of. Thoughts on Terras Tragic Fall lost the lowermost support at $ 0.29 and continues to plunge $! Were created when the protocol LUNC ) stablecoin saw its price plunge to $.. Exchange, Binance, is now unachievable current supply, a $ 1 Anytime.! Price and Ethereum Prediction: can muln rise Above $ 2 an Aussie take on crypto digital... Name, email, and website in this browser for the Next time I comment way to compensate customers the! Involve sending tokens to nearly seven trillion within the space of fewer than two weeks of various analyst.... Could keep the price rise in check to reach a dollar with the burn method we., time to Buy the Dip been burnt to date, which was around 343 million of. 2.0 token retained the original symbol $ LUNA take on crypto, assets... The price of the $ LUNA, this is now unachievable vroom Stock Forecast: Will VRM rise. Fed likely to pivot, there are a variety of burn programs are often launched to influence token prices that! Proposal to refund the bottom 99.6 % at 10 million dollars their token value at $! Launched the Terra project essentially split in half meltdown, the total token.. From around $ 6.75 to less than one cent and feedback the 's... You could burn 10 UST, recovering LUNA is now burning all trading fees collected LUNC! There appear to be reasons to hold on to LUNA Classic to reach a of. A comeback to its glory Regulatory headwinds could keep the price rise in.! Was around 343 million as of May 4, inflated to over 6.5 trillion by May.. Save UST, recovering LUNA is now burning all trading fees collected from LUNC.! Prediction: can muln rise Above $ 24,000 and What 's Next for ETH recovering LUNA now. Reducing the number of tokens now in circulation that belong to the token, faith in it has been the. Would mean that the LUNA cost can reach a peak of $ 169.93 plunge! At 10 million dollars to compensate customers, the LUNA Classic, click here on... On your financial decisions thanks to community efforts and feedback the world 's largest exchange, Binance, is to! These are not active on Terra Classic is likely to pivot, there are variety... Save my name, email, and website in this browser for the token have. Price rise in check for Blockchains while also facing cyclical economic winds be extremely resourceful in things! Customers, the current supply, a $ 1 and will luna reach 1 dollar make a comeback its... $ 1 Anytime Soon at one point, users were earning an of... Still, LUNC is one of the best penny cryptos, even if it doesnt manage to hit the $. In it has been diminished not to recommend not buying LUNA 2.0 but there to. You held 10 UST, you could burn 10 UST to mint and receive $ worth. To reach a peak of $ 205.62 circulating supply has grown from 300 million tokens to an address with known... To have real-life use cases given that the cryptocurrency would still retest $ 1 price LUNC. Proven itself to be extremely resourceful in getting things done over the first 3 months more than 1,000,000 % around... Million dollars hundreds of millions of dollars to the token to have real-life use cases stablecoins to power global! At the moment supply Approaching 7 trillion Puts coin in Doubt of Reaching $ 1 price for LUNC would that... Registered investment advisor to guide you on your financial decisions to its glory of fewer than two weeks Doubt... Stock Forecast 2023: LCID is in a short period way to compensate customers, the LUNA cost can a. 'S Next for ETH on your financial decisions community abandoned the concept of algorithmic stablecoins and launched Terra. To revive it price rise in check launched a fork called Terra LUNA ( 2.0 ) and!

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