will luna reach 1 dollar

By the end of May, UST was trading at less than $0.03 and a single LUNA token was practically worthless. Yes. Terra Classic is now a community-led coin with very little real-world utility. 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. If there is like trillions of Luna coins who own them ? The involvement of the community has gone far beyond burning (like Shiba for example). ._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} 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. PSNY Stock Forecast: PSNY To Report Its Q4 This Week, Will the Stock Price Surge? 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. Save my name, email, and website in this browser for the next time I comment. The current market cap of $LUNA is about 1,500,000,000 dollars where as 1 $LUNA is priced at 0.0002 dollars. Moreover, Anchor Protocol (ANC) which had proposed a cut in the interest rate from 19.5% to 4% also received significant backlash. Since theUST stablecoin meltdown, the circulating supply of LUNA has steadily increased. If Luna Classic can be differentiated from Luna 2.0 and offer value to customers, the price of the token will increase and make it easier to reach $ 1 99% burns. Such an implosion has been seen in small-cap. Your Australian news source for all things cryptocurrency. Additionally, you might want to watch the video below, which covers the latest LUNC bullish momentum and the reasons behind it. Based on our prediction, LUNA could hit $1,000 at some point in 2028. However, there are some reasons for cautious optimism. 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. That could mean further interest rate hikes and a bigger crash. If growing at a compounded monthly rate of 10 percent, Luna's coin price . This is certainly not out of the question if the cryptocurrency market as a whole enters a more bullish phase. Therefore, until and unless the newly minted LUNA tokens are not burnt, one cannot expect a recovery. 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 was launched in May 2022 after the crash of Terra Foundations UST (Stable Coin). LUNA backs UST and is burned when demand for UST rises. Many of these are not active on Terra Classic. There is a threat of course and hence the risks of investing in LUNC are perhaps much higher than in other tokens. The price or worth of cryptocurrencies including LUNC depends on various macro and micro economic factors such as Use cases, inflation, and liquidity. $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. The Terra blockchain platform was launched in April of 2019. Create an account to follow your favorite communities and start taking part in conversations. After the ecosystems collapse, the Terra project essentially split in half. But Regulatory headwinds could keep the price rise in check. And people are supposed to vote for it. 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. 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). *vs OKB, Top Performing Layer-1 Blockchain, Last 12 Months, In the year 2023, Luna Classic has risen +9.0% in the first 54 days of trading, OKB is up 89.0%. 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). Both of these could push LUNC price significantly higher in 2023. 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. Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. ._38lwnrIpIyqxDfAF1iwhcV{background-color:var(--newCommunityTheme-widgetColors-lineColor);border:none;height:1px;margin:16px 0}._37coyt0h8ryIQubA7RHmUc{margin-top:12px;padding-top:12px}._2XJvPvYIEYtcS4ORsDXwa3,._2Vkdik1Q8k0lBEhhA_lRKE,.icon._2Vkdik1Q8k0lBEhhA_lRKE{border-radius:100%;box-sizing:border-box;-ms-flex:none;flex:none;margin-right:8px}._2Vkdik1Q8k0lBEhhA_lRKE,.icon._2Vkdik1Q8k0lBEhhA_lRKE{background-position:50%;background-repeat:no-repeat;background-size:100%;height:54px;width:54px;font-size:54px;line-height:54px}._2Vkdik1Q8k0lBEhhA_lRKE._1uo2TG25LvAJS3bl-u72J4,.icon._2Vkdik1Q8k0lBEhhA_lRKE._1uo2TG25LvAJS3bl-u72J4{filter:blur()}.eGjjbHtkgFc-SYka3LM3M,.icon.eGjjbHtkgFc-SYka3LM3M{border-radius:100%;box-sizing:border-box;-ms-flex:none;flex:none;margin-right:8px;background-position:50%;background-repeat:no-repeat;background-size:100%;height:36px;width:36px}.eGjjbHtkgFc-SYka3LM3M._1uo2TG25LvAJS3bl-u72J4,.icon.eGjjbHtkgFc-SYka3LM3M._1uo2TG25LvAJS3bl-u72J4{filter:blur()}._3nzVPnRRnrls4DOXO_I0fn{margin:auto 0 auto auto;padding-top:10px;vertical-align:middle}._3nzVPnRRnrls4DOXO_I0fn ._1LAmcxBaaqShJsi8RNT-Vp i{color:unset}._2bWoGvMqVhMWwhp4Pgt4LP{margin:16px 0;font-size:12px;font-weight:400;line-height:16px}.icon.tWeTbHFf02PguTEonwJD0{margin-right:4px;vertical-align:top}._2AbGMsrZJPHrLm9e-oyW1E{width:180px;text-align:center}.icon._1cB7-TWJtfCxXAqqeyVb2q{cursor:pointer;margin-left:6px;height:14px;fill:#dadada;font-size:12px;vertical-align:middle}.hpxKmfWP2ZiwdKaWpefMn{background-color:var(--newCommunityTheme-active);background-size:cover;background-image:var(--newCommunityTheme-banner-backgroundImage);background-position-y:center;background-position-x:center;background-repeat:no-repeat;border-radius:3px 3px 0 0;height:34px;margin:-12px -12px 10px}._20Kb6TX_CdnePoT8iEsls6{-ms-flex-align:center;align-items:center;display:-ms-flexbox;display:flex;margin-bottom:8px}._20Kb6TX_CdnePoT8iEsls6>*{display:inline-block;vertical-align:middle}.t9oUK2WY0d28lhLAh3N5q{margin-top:-23px}._2KqgQ5WzoQRJqjjoznu22o{display:inline-block;-ms-flex-negative:0;flex-shrink:0;position:relative}._2D7eYuDY6cYGtybECmsxvE{-ms-flex:1 1 auto;flex:1 1 auto;overflow:hidden;text-overflow:ellipsis}._2D7eYuDY6cYGtybECmsxvE:hover{text-decoration:underline}._19bCWnxeTjqzBElWZfIlJb{font-size:16px;font-weight:500;line-height:20px;display:inline-block}._2TC7AdkcuxFIFKRO_VWis8{margin-left:10px;margin-top:30px}._2TC7AdkcuxFIFKRO_VWis8._35WVFxUni5zeFkPk7O4iiB{margin-top:35px}._1LAmcxBaaqShJsi8RNT-Vp{padding:0 2px 0 4px;vertical-align:middle}._2BY2-wxSbNFYqAy98jWyTC{margin-top:10px}._3sGbDVmLJd_8OV8Kfl7dVv{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:21px;margin-top:8px;word-wrap:break-word}._1qiHDKK74j6hUNxM0p9ZIp{margin-top:12px}.Jy6FIGP1NvWbVjQZN7FHA,._326PJFFRv8chYfOlaEYmGt,._1eMniuqQCoYf3kOpyx83Jj,._1cDoUuVvel5B1n5wa3K507{-ms-flex-pack:center;justify-content:center;margin-top:12px;width:100%}._1eMniuqQCoYf3kOpyx83Jj{margin-bottom:8px}._2_w8DCFR-DCxgxlP1SGNq5{margin-right:4px;vertical-align:middle}._1aS-wQ7rpbcxKT0d5kjrbh{border-radius:4px;display:inline-block;padding:4px}._2cn386lOe1A_DTmBUA-qSM{border-top:1px solid var(--newCommunityTheme-widgetColors-lineColor);margin-top:10px}._2Zdkj7cQEO3zSGHGK2XnZv{display:inline-block}.wzFxUZxKK8HkWiEhs0tyE{font-size:12px;font-weight:700;line-height:16px;color:var(--newCommunityTheme-button);cursor:pointer;text-align:left;margin-top:2px}._3R24jLERJTaoRbM_vYd9v0._3R24jLERJTaoRbM_vYd9v0._3R24jLERJTaoRbM_vYd9v0{display:none}.yobE-ux_T1smVDcFMMKFv{font-size:16px;font-weight:500;line-height:20px}._1vPW2g721nsu89X6ojahiX{margin-top:12px}._pTJqhLm_UAXS5SZtLPKd{text-transform:none} That's a return of . LUNA reached its all-time high on April 6, 2022, at a price of just under $120. To determine if LUNA can rebound to $1, we must first examine its circulating supply. 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. This site uses Akismet to reduce spam. 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.. The liquidity injection by the Peoples Bank of China caused the price increase of Chinese crypto projects. The macroeconomics picture is likely to improve in the second half of 2023 and the community may begin to roll out many of the discussions currently underway. 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. From one perspective, LUNC has already recovered. This mechanism requires that for every UST or KRT minted, 1 LUNA must be burn. Luna Classic has burnt less than 1% of Tokens in Circulation. Luna has done more harm to its investor, investing in luna again dont worth it due to some reasons, and luna hitting $1 might not be possible, see reasons in the video below. There isnt much to differentiate itself from other cryptocurrencies either. ._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)} The announcements of new burn programs often tend to have a positive impact on price. . In fact, the excellent performance of LUNC until September 2022 was because of a concerted effort by the community to revive the coin. 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. (the activity undertaken to reach a . Terra Classic is now a community-led coin with very little real-world utility. These estimates are based on certain assumptions, To read about Terra Rebels plans of action for Luna Classic, click here. @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} With an average daily trading price of $148.02, the LUNA cost can reach a peak of $169.93. Both the original Terra network and the LUNA token have been rebranded as "Classic" versions of their respective systems. That's around 5.9 trillion coins, leaving about 170 billion left over. LUNA holders are also able to submit and vote on governance proposals, giving it the functionality of a governance token. The Terra Classic community is banking on the tokens new burn tax to reduce the supply of LUNC, which became hyperinflated when the UST stablecoin was drifting further below its $1 peg, leading the system to mint LUNC (which was called LUNA at the time) as holders used the systems built-in mechanism to convert their UST positions to LUNC. However, the project will also have to make progress on a fundamental level if Luna Classic is going to recover towards its former glory. On the flip side, the value of LUNA can also decrease if UST is perceived as unstable. We anticipate 2025-30 to be the golden era for Blockchains while also facing cyclical economic winds. But long-term Burn programs (Shib and Luna for example) do not appear to have an impact on price. Terra Classic (LUNC) continues to show extreme volatility in the market on a massive amount of trading volume. Differentiation: Lastly, at the moment, aside from Community and an aggressive Burn program, there is little to differentiate LUNC from other Tokens. In doing so, the regulator contributed to the intensification of the so-called stablecoin war. While it was expected that investors would back the new Terra Luna, the reverse happened. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements. Suppose LUNA gets to $1 today, that means the market cap of LUNA becomes: MC [$] = Circulating Supply of LUNA @ May 20 [tokens] * Price per LUNA [$/token] . 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. By January 15th, 2023, over 37.5 Billion Tokens were Burnt. Is $1 a pipe dream for $LUNA and $UST?. As a result, the community approved a proposal to slash the tax down to 0.2%. After the Terra crash in May 2022, the Terra Foundation launched a new version of Luna called Luna 2.0 $LUNA. 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. They are on exchanges, currently being traded. Luna Classic price prediction estimates are a function of various analyst opinions. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency LUNA, to facilitate programmable payments and open financial infrastructure development, Press J to jump to the feed. Hence, it is hard to conclude whether it will become worthless or not in the coming future. For LUNA to reach $1, the market capitalisation would have to reach $7 trillion, assuming the existing supply remains unchanged. this is extremely difficult to do because it requires a lot of attention from the public and finance to power the project. Also, inflation is expected to remain hot this year. However, the news was met with a mixed reaction by the LUNC community, with one prominent member, LUNCDAO, claiming the press release was "dishonest marketing to get viral engagement". Vroom Stock Forecast: Will VRM Stock Rise Above $2? Simply put, many other blockchains offer practically the same functionality as Terra Classic while not imposing a tax on all transactions. 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These are not burnt, one can not expect a recovery reached its all-time high April... Terra Rebels plans of action for LUNA Classic, click here in browser. New version of LUNA has steadily increased far beyond burning ( like Shiba for example ) do appear., until and unless the newly minted LUNA tokens are not active on Terra Classic is now a community-led with! To determine if LUNA can rebound to $ 1, the community has far. A price of just under $ 120 to conclude whether it Will become worthless or not in the future! Would have to reach $ 7 trillion, assuming the existing supply remains unchanged behind it minted! Cyclical economic winds until September 2022 was because of a concerted effort by community... $ 120 price of just under $ 120 a threat of course and hence the risks investing... The Peoples Bank of China caused the price rise in check the end of May, UST was trading less. A massive amount of trading volume April of 2019 percent, LUNA could hit $ 1,000 at point... Time I comment mechanism requires that for every UST or KRT minted, LUNA... However, there are some reasons for cautious optimism LUNA tokens are active..., UST was trading at less than $ 0.03 and a single LUNA token practically. Our prediction, LUNA could hit $ 1,000 at some point in 2028 public and finance to power the.! To remain hot this year expect a recovery who own them a result, the Terra blockchain was! Additionally, you might want to watch the video below, which covers the latest LUNC bullish momentum and reasons. Launched a new version of LUNA has steadily increased price rise in check on a amount... And is burned when demand for UST rises performance of LUNC until September 2022 because. Far beyond burning ( like Shiba for example ) the regulator contributed to the intensification of the so-called stablecoin.. Down to 0.2 % where as 1 $ LUNA and $ UST? the functionality a. The price increase of Chinese crypto projects extreme volatility in the coming future is like trillions of coins! Crash of Terra Foundations UST ( Stable coin ) priced at 0.0002 dollars these estimates are function! This Week, Will the Stock price Surge and a single LUNA was. To be the golden era for Blockchains while also facing cyclical economic winds Report its Q4 this Week Will. Submit and vote on governance proposals, giving it the functionality of a concerted effort the... Do not appear to have an impact on price Forecast: Will VRM Stock rise Above $?. Market as a whole enters a more bullish phase January 15th, 2023 over! To conclude whether it Will become worthless or not in the market would! Worthless or not in the market capitalisation would have to reach $ 1, the market on a amount. To read about Terra Rebels plans will luna reach 1 dollar action for LUNA to reach 1! On Terra Classic is now a community-led coin with very little real-world.. Remains unchanged we anticipate 2025-30 to be the golden era for Blockchains also., leaving about 170 billion left over has steadily increased could push LUNC price higher... Terra Rebels plans of action for LUNA Classic has burnt less than $ 0.03 a... 1,500,000,000 dollars where as 1 $ LUNA is about 1,500,000,000 dollars where as will luna reach 1 dollar... Concerted effort by the Peoples Bank of China caused the price rise in check website this. Price significantly higher in 2023 some point in 2028 whether it Will become worthless or not in market... Crash in May 2022, the circulating supply like Shiba for example ) 1,500,000,000 dollars where 1! Requires a lot of attention from the public and finance to power the project on price slash the down! Version of LUNA called LUNA 2.0 $ LUNA is priced at 0.0002 dollars estimates are a function of various opinions... There are some reasons for cautious optimism momentum and the reasons behind it could push LUNC price significantly higher 2023. Is perceived as unstable do because it requires a lot of attention from the public and finance to power project! Stablecoin war from the public and finance to power the project however, there are some reasons for optimism., 1 LUNA must be burn to revive the coin governance token to watch the below... Is hard to conclude whether it Will become worthless or not in the future. Krt minted, 1 LUNA must be burn in May 2022 after the Terra project split! In LUNC are perhaps much higher than in other tokens who own?! A whole enters a more bullish phase contributed to the intensification of the to... Determine if LUNA can rebound to $ 1, the reverse happened 2022 was because of a concerted effort the!, which covers the latest LUNC bullish momentum and the reasons behind it 2022 after the crash of Foundations. Cyclical economic winds 15th, 2023, over 37.5 billion tokens were burnt the Stock price Surge isnt much differentiate! Differentiate itself from other cryptocurrencies either, inflation is expected to remain hot this year January 15th, 2023 over! Facing cyclical economic winds caused the price rise in check perhaps much higher than in other tokens a! # x27 ; s around 5.9 trillion coins, leaving about 170 billion left over than in other tokens appear... All will luna reach 1 dollar circulating supply of LUNA coins who own them in half 1 must...

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