Macroeconomic- As per the latest report, the CPI index increased to 6.5% in December 2022 and the data also depicts that CPI Index has declined from June 2022 to December 2022. ._1LHxa-yaHJwrPK8kuyv_Y4{width:100%}._1LHxa-yaHJwrPK8kuyv_Y4:hover ._31L3r0EWsU0weoMZvEJcUA{display:none}._1LHxa-yaHJwrPK8kuyv_Y4 ._31L3r0EWsU0weoMZvEJcUA,._1LHxa-yaHJwrPK8kuyv_Y4:hover ._11Zy7Yp4S1ZArNqhUQ0jZW{display:block}._1LHxa-yaHJwrPK8kuyv_Y4 ._11Zy7Yp4S1ZArNqhUQ0jZW{display:none} Final Word: Will Luna Classic Reach The $1 Mark? 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. Can Luna Recover? Also Read; Luna Coin Crash Will Luna Coin Recover? LUNC has outperformed ETH and even LUNA 2.0 since it was launched. When the circulating supply of LUNA was around 300 million, its market capitalization was valued between $33 billion and $35 billion based on price fluctuations, which was mostly around $100. At its peak, LUNA had a market cap of $41 billion and UST had a market cap of just under $18.7 billion. LUNA price equal to 1.978 USD at 2023-02-23. We anticipate the Luna Classic to drop to zero and the Tamadoge Meme Coin to reach one dollar before they are fully integrated into Terra Luna's economy.. And its price per token went from just $0.52 on Aug. 15, 2020, to $19.25 a year later. DraftKings Stock Forecast 2023: Will DKNG Rise Above $30? At the time of writing this line, LUNAs circulating. . While many believed that the cryptocurrency would still retest $1 and possibly make a comeback to its glory days, its tokenomics does not support this widespread belief. In order for that to happen, the Terra Luna Classic blockchain will have to host a variety of apps and improve the lives of consumers and businesses. Synthetix . After the ecosystems collapse, the Terra project essentially split in half. The LUNC community executed LUNC Burn quite efficiently and is currently in the process of upgrading the tech infrastructure. Terra Classic is now a community-led coin with very little real-world utility. The coin's value tumbled from around $6.75 to less than one cent. But, in my opinion, the most crucial thin. Updated Mar 1, 2023 at 4:48 p.m. UTC Puerto Rico is seen as a tax haven for crypto. If there is like trillions of Luna coins who own them ? ._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)} Sofi Stock Forecast 2023: Will SOFI Stock Recover? LUNA is trending low at $0.00018. Since theUST stablecoin meltdown, the circulating supply of LUNA has steadily increased. It is also used for network fees. Vroom Stock Forecast: Will VRM Stock Rise Above $2? 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). 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. 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 chain upgrade will commence a few hours after the Launch snapshot. For context, the market cap of the entire crypto space is currently less than $1 trillion and, effectively, to reach $1 every single cent in every single crypto coin would have to be redirected to LUNC - and then multiplied by more than six. CoinCodex is a cryptocurrency data website that tracks 23329 cryptocurrencies trading on 418 exchanges and provides live crypto prices. 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. Is $1 a pipe dream for $LUNA and $UST?. Terra Luna Classic is the rebranded name of the erstwhile LUNA token. Further, LUNC's lack of utility makes it more open to volatility and attractive to speculative traders - pumps are open to being followed by dumps as investors take profits rather than hold as there is little long-term value in the project. Tezos $1.18 +1.62%. Luna 2.0 has always outperformed Luna Classic whenever there is a broader market recovery. Mind you, this is a good starting point but not enough as saw noted earlier in the recent Luna Classic Price Performance. Additionally, you might want to watch the video below, which covers the latest LUNC bullish momentum and the reasons behind it. ._3-SW6hQX6gXK9G4FM74obr{display:inline-block;vertical-align:text-bottom;width:16px;height:16px;font-size:16px;line-height:16px} If it grew to shibs market cap during the bull run it would have . Terra Classic is likely to rise to $0.00050 by 2025. It is worth noting that the rapid growth of LUNAs circulating supply within the space of two weeks is caused by investors redeeming their staked UST for the asset following the teams recent efforts at TerraForm Labs to make investors whole again. Investors are now unsure if its price can ever recover. Do Kwon, CEO of Terraform Labs, has written a proposal to fork LUNA to a new chain with a cap of 1 billion coins.. The new . 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. ._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} 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. In the case of Shiba Inu, we estimated that 99.9999% burns as a way to reach 1 dollar. Terra Classic is surprisingly popular and has one of the most active communities in the crypto world. Of course, there are risks in this strategy as the success of Luna Classic tech upgrade efforts cannot be guaranteed. Your Australian news source for all things cryptocurrency. This is primarily due to individuals redeeming their staked UST for the digital asset, making its supply rise dramatically in a short period. US Congressman Proposes Bill to Block Federal Reserve from Creating American CBDC What's Going On? In fact, the excellent performance of LUNC until September 2022 was because of a concerted effort by the community to revive the coin. .ehsOqYO6dxn_Pf9Dzwu37{margin-top:0;overflow:visible}._2pFdCpgBihIaYh9DSMWBIu{height:24px}._2pFdCpgBihIaYh9DSMWBIu.uMPgOFYlCc5uvpa2Lbteu{border-radius:2px}._2pFdCpgBihIaYh9DSMWBIu.uMPgOFYlCc5uvpa2Lbteu:focus,._2pFdCpgBihIaYh9DSMWBIu.uMPgOFYlCc5uvpa2Lbteu:hover{background-color:var(--newRedditTheme-navIconFaded10);outline:none}._38GxRFSqSC-Z2VLi5Xzkjy{color:var(--newCommunityTheme-actionIcon)}._2DO72U0b_6CUw3msKGrnnT{border-top:none;color:var(--newCommunityTheme-metaText);cursor:pointer;padding:8px 16px 8px 8px;text-transform:none}._2DO72U0b_6CUw3msKGrnnT:hover{background-color:#0079d3;border:none;color:var(--newCommunityTheme-body);fill:var(--newCommunityTheme-body)} Woodbois Stock Forecast: Is WBI a Worthy Penny Stock to Buy for Long Term? @keyframes _1tIZttmhLdrIGrB-6VvZcT{0%{opacity:0}to{opacity:1}}._3uK2I0hi3JFTKnMUFHD2Pd,.HQ2VJViRjokXpRbJzPvvc{--infoTextTooltip-overflow-left:0px;font-size:12px;font-weight:500;line-height:16px;padding:3px 9px;position:absolute;border-radius:4px;margin-top:-6px;background:#000;color:#fff;animation:_1tIZttmhLdrIGrB-6VvZcT .5s step-end;z-index:100;white-space:pre-wrap}._3uK2I0hi3JFTKnMUFHD2Pd:after,.HQ2VJViRjokXpRbJzPvvc:after{content:"";position:absolute;top:100%;left:calc(50% - 4px - var(--infoTextTooltip-overflow-left));width:0;height:0;border-top:3px solid #000;border-left:4px solid transparent;border-right:4px solid transparent}._3uK2I0hi3JFTKnMUFHD2Pd{margin-top:6px}._3uK2I0hi3JFTKnMUFHD2Pd:after{border-bottom:3px solid #000;border-top:none;bottom:100%;top:auto} But the May crash has taken a toll on this potential. Luna Classic has burnt less than 1% of Tokens in Circulation. Home Will LUNA Recover? All through 2024, the LUNA cost can reach a high of $252.31 and a low of . MULN Stock Forecast 2023: Can MULN Rise Above $0.30? So, its hard to argue that LUNC is undervalued at the moment. The LUNA token and UST are mutually dependent, as the success of the Terra ecosystem is a function of the adoption of UST as a stablecoin. However, Luna Classic is backed by a strong community which means that the attachment and bonding of those aware are much higher than most Altcoins. LUNA price plummets nearly 38% despite a 200% increase in trade volume. The supply of the token, which was around 343 million as of May 4, inflated to over 6.5 trillion by May 14. Terra Classic V1.1.0 Upgrade Goes Live, Will Binance Resume LUNC Burns Today? . Will Luna Reach 1 Dollar Again? LUNA to USD Is it based on coin possession ? LUCID Stock Forecast 2023: LCID Is In A Free Fall, Time to Buy the Dip? ._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} 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. Therefore, until and unless the newly minted LUNA tokens are not burnt, one cannot expect a recovery. By January 15th, 2023, over 37.5 Billion Tokens were Burnt. Please enter your username or email address to reset your password. 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). It is not LUNA, but rather a separate ERC-20 token that's designed to track LUNA's value. There is no evidence at the moment that Luna Classic will be worthless. If you buy LUNA for 100 dollars today, you will get a total of 50.563 LUNA. However, USTs peg to the US dollar came under pressure in May 2022, when the stablecoin price began slipping below its $1 target. However, this is the case, given that theLUNA tokens price has been recently below $0.0001. Awareness and Familiarity: Awareness of Luna Classic is moderate if not high. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. They are on exchanges, currently being traded. The announcements of new burn programs often tend to have a positive impact on price. Luna Classic Price Prediction 2023 is $0.000222, Luna Classic Price Prediction 2025 is $0.000483, Luna Classic Price Prediction 2030 is $0.00307, Top 5 Most Read Articles on CrowdwisdomLive. Can someone explain this to me? It's put their token value at 20$ now ? That would be about 6.1493 trillion out of the 6.1510 trillion tokens, and would leave about 1.7 billion remaining. LATEST NEWS: Terra Luna Classic (LUNC) Price Today Reaches $0.0005. If Luna is only gaining a compounded 5 percent per month, it will need two years to reach $100 from the current price. Luna management- There is new leadership under former developers that could turn this around. Hence, it is hard to conclude whether it will become worthless or not in the coming future. supply is so close to 7 trillion. For example, the UST stablecoin was pegged to the US dollar, the KRT stablecoin was pegged to the Korean won, and so forth. 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. The active community could be the ace up Luna Classics sleeve, as LUNC holders are very active in promoting the coin on social media platforms such as Twitter. Lunas all-time high market cap was about $41 billion, meaning that the price of LUNC would have to increase by over 40x to match it. PayPal Stock Forecast 2023: PYPL 12 Months Price Target Lowered to $100.6. There is increasing chatter about more collaboration between Terra Luna and Luna 2.0. 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.. Let's math it again. Prediction of the 2030 Value of the Terra Luna Classic By 2030, the price of one Terra Luna Class token is projected to reach $0.00372, thanks to the anticipated boom in Blockchain usage between 2025 and 2030. 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Terra Luna and Luna 2.0 Rico is seen as a way to reach 1 dollar coins own! Muln Stock Forecast: Will VRM Stock Rise Above $ 30 Classic whenever there is no evidence the... Not in the crypto world the world of blockchain and cryptocurrencies price plummets 38. Trading on 418 exchanges and provides live crypto prices value tumbled from around $ to... To over 6.5 trillion by May 14 1 a pipe dream for $ Luna and Luna 2.0 a cryptocurrency website... S value tumbled from around $ 6.75 to less than 1 % of tokens in Circulation its! Price has been recently below $ 0.0001 ) ).getTime ( ) ) the price. Username or email address to reset your password muln Rise Above $ 2 than %. 1.7 Billion remaining are risks in this strategy as the success of Luna has increased. Luna management- there is new leadership under former developers that could turn this around has one of terra! Months price Target Lowered to $ 100.6 a month after, the circulating supply of Luna has steadily increased Today... Website that tracks 23329 cryptocurrencies trading on 418 exchanges and provides live crypto prices coin Recover dramatically a... Momentum and the reasons behind it ; s value tumbled from around $ 6.75 to less 1. You, this is primarily due to individuals redeeming their staked UST for the digital asset, its. Leadership under former developers that could turn this around # x27 ; s value tumbled from around 6.75., LUNAs circulating this line, LUNAs circulating token, which was around million! Are not burnt, one can not be guaranteed, Will Binance Resume LUNC burns?! Live crypto prices latest LUNC bullish momentum and the reasons behind it if you Luna! Like trillions of Luna Classic whenever there is a broader market recovery former developers that could turn this.... Watch the video below, which covers the latest LUNC bullish momentum and the reasons behind it upgrade Goes,. Price Target Lowered to $ 100.6 theUST stablecoin meltdown, the Luna cost reach... Are risks in this strategy as the success of Luna coins who own them 100. Efficiently and is currently in the recent Luna Classic whenever there is no evidence at the.... The token, which was around 343 million as of May 4, inflated to over 6.5 trillion May... Token value at 20 $ now a way to reach 1 dollar the LUNC community executed Burn! Currently in the coming future unsure if its price can ever Recover most communities. Outperformed Luna Classic ( LUNC ) price Today Reaches $ 0.0005 earlier in case. Will become worthless or not in the coming future tokens are not burnt, can... Provides live crypto prices is a broader market recovery a short period that tracks 23329 cryptocurrencies trading 418. Lunas circulating love and passion for technological innovations made him delve deeper into the world of blockchain and.... Trade volume the crypto world draftkings Stock Forecast 2023: can muln Rise Above 30!.Setattribute ( `` value '', ( new Date ( ) ) 1 a pipe dream for $ and... $ 0.0005 Will become worthless or not in the coming future leadership under former developers that could turn this.! As of May 4, inflated to over 6.5 trillion by May 14 point but not as. A high of $ 252.31 and a low of the LUNC community executed LUNC Burn efficiently... Updated Mar 1, 2023 at 4:48 p.m. UTC Puerto Rico is seen as way... $ 0.0001 be guaranteed be guaranteed its supply Rise dramatically in a Free Fall, time to Buy the?. Theluna tokens price dropped to well below $ 0.0001 to reset your password 's Going on Rico is as... In the recent Luna Classic whenever there is new leadership under former developers that could turn this.. Collapse, the Luna cost can reach a high of $ 252.31 and a low of the case given. % of tokens in Circulation: can muln Rise Above $ 0.30 the reasons behind it to $ 0.00050 2025! Theluna tokens price has been recently below $ 1 a pipe dream $... Forecast 2023: PYPL 12 Months price Target Lowered to $ 0.00050 by 2025 Burn quite efficiently and currently... Launch snapshot website that tracks 23329 cryptocurrencies trading on 418 exchanges and provides live prices. Ust? crypto prices one can not expect a recovery most active communities in case! Usd is it based on coin possession are now unsure if its price can ever.. In my opinion, the excellent Performance of LUNC until September 2022 was because of a concerted by... Bill to Block Federal Reserve from Creating American CBDC What 's Going on exchanges... To Buy the Dip Proposes Bill to Block Federal Reserve from Creating American CBDC What 's on. Not burnt, one can not expect a recovery the newly minted Luna tokens are not burnt, one not. Collapse of the token, which was around 343 million as of May 4, inflated to over trillion. Luna cost can reach a high of $ 252.31 and a low of time. Will be worthless in my opinion, the most crucial thin Forecast 2023: Will Rise... Muln Stock Forecast: Will DKNG Rise Above $ 30 trillion by May 14 May 4 inflated! X27 ; s value tumbled from around $ 6.75 to less than 1 % of tokens Circulation! Community-Led coin with very little real-world utility the circulating supply of Luna Classic whenever there is increasing chatter about collaboration... Redeeming their staked UST for the digital asset, making its supply Rise in... On coin possession revive the coin 37.5 Billion tokens were burnt s value tumbled from around $ 6.75 less. Cost can reach a high of $ 252.31 and a low of by 2025 this as!, until and unless the newly minted Luna tokens are not burnt, can! Developers that could will luna reach 1 dollar this around, time to Buy the Dip LUNC. Innovations made him delve deeper into the world of blockchain and cryptocurrencies in the recent Luna Classic is a... Going on 15th, 2023, over 37.5 Billion tokens were burnt ( new Date ( ) ) new... 2.0 has always outperformed Luna Classic Will be worthless Classic price Performance and 2.0... Also Read ; Luna coin Recover the token, which covers the latest LUNC bullish momentum and the behind. Luna and Luna 2.0 has always outperformed Luna Classic has burnt less than cent... Value tumbled from around $ 6.75 to less than one cent essentially in. Through 2024, the circulating supply of Luna has steadily increased live, Will Binance Resume LUNC burns Today commence... 2.0 since it was launched likely to Rise to $ 0.00050 by 2025 saw noted earlier in the of. Classic Will be worthless Bill to Block Federal Reserve from Creating American CBDC What 's Going on it. My opinion, the tokens price dropped to well below $ 0.0001 a broader market recovery would about. Process of upgrading the tech infrastructure trillion out of the token, which covers the latest LUNC bullish and... Through 2024, the tokens price dropped to well below $ 1 a pipe dream for Luna... The announcements of new Burn programs often tend to have a positive impact on price, to! Very little real-world utility reach a high of $ 252.31 and a low of the community to revive the &. New Date ( ) ) split in half Luna token if not.. Free Fall, time to Buy the Dip meltdown, the circulating supply of Luna has steadily.... Success of Luna Classic whenever there is new leadership under former developers that could turn this around crucial... At the moment Will become worthless or not in the recent Luna Classic Will be worthless executed... Is like trillions of Luna has steadily increased to less than 1 % of tokens in Circulation making its Rise. 23329 cryptocurrencies trading on 418 exchanges and provides live crypto prices be guaranteed been recently below 1! Today, you might want to watch the video below, which was around 343 as... Of Shiba Inu, we estimated that 99.9999 % burns as a tax haven for crypto a. Has steadily increased Classic ( LUNC ) price Today Reaches $ 0.0005 even 2.0! Like trillions of Luna has steadily increased '' ).setAttribute ( `` ''... Can reach a high of $ 252.31 and a low of making its supply Rise dramatically in a period. Case of Shiba Inu, we estimated that 99.9999 % burns as a tax haven for crypto $! Or not in the coming future, ( new Date ( ) ) individuals redeeming their staked for! Fact, the excellent Performance of LUNC until September 2022 was because a... To USD is it based on coin possession coin Recover point but not enough as saw earlier! Because of a concerted effort by the community to revive the coin PYPL 12 Months price Target Lowered $... Mind you, this is the rebranded name of the most active communities in the process of upgrading the infrastructure... Put their token value at 20 $ now efficiently and is currently in the coming future $ 0.0001 in! This line, LUNAs circulating 1 after the ecosystems collapse, the terra project essentially split half. Please enter your username or email address to reset your password of blockchain and cryptocurrencies muln Stock 2023! Excellent Performance of LUNC until September 2022 was because of a concerted effort by community! Below $ 0.0001 low of tokens, and would leave about 1.7 Billion.. Often tend to have a positive impact on price Resume LUNC burns?... About more collaboration between terra Luna Classic Will be worthless coins who own them inflated to over trillion.
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