Seeing a proposal to refund the bottom 99.6% at 10 million dollars. The price or worth of cryptocurrencies including LUNC depends on various macro and micro economic factors such as Use cases, inflation, and liquidity. In doing so, the regulator contributed to the intensification of the so-called stablecoin war. Both of these could push LUNC price significantly higher in 2023. We typically tend to be pessimistic about Tokens that dont have use cases. 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? this article details such information, kindly read along carefully. ._3Qx5bBCG_O8wVZee9J-KyJ{border-top:1px solid var(--newCommunityTheme-widgetColors-lineColor);margin-top:16px;padding-top:16px}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN{margin:0;padding:0}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:21px;display:-ms-flexbox;display:flex;-ms-flex-pack:justify;justify-content:space-between;-ms-flex-align:center;align-items:center;margin:8px 0}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ.QgBK4ECuqpeR2umRjYcP2{opacity:.4}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ label{font-size:12px;font-weight:500;line-height:16px;display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ label svg{fill:currentColor;height:20px;margin-right:4px;width:20px;-ms-flex:0 0 auto;flex:0 0 auto}._3Qx5bBCG_O8wVZee9J-KyJ ._4OtOUaGIjjp2cNJMUxme_{-ms-flex-pack:justify;justify-content:space-between}._3Qx5bBCG_O8wVZee9J-KyJ ._4OtOUaGIjjp2cNJMUxme_ svg{display:inline-block;height:12px;width:12px}._2b2iJtPCDQ6eKanYDf3Jho{-ms-flex:0 0 auto;flex:0 0 auto}._4OtOUaGIjjp2cNJMUxme_{padding:0 12px}._1ra1vBLrjtHjhYDZ_gOy8F{font-family:Noto Sans,Arial,sans-serif;font-size:12px;letter-spacing:unset;line-height:16px;text-transform:unset;--textColor:var(--newCommunityTheme-widgetColors-sidebarWidgetTextColor);--textColorHover:var(--newCommunityTheme-widgetColors-sidebarWidgetTextColorShaded80);font-size:10px;font-weight:700;letter-spacing:.5px;line-height:12px;text-transform:uppercase;color:var(--textColor);fill:var(--textColor);opacity:1}._1ra1vBLrjtHjhYDZ_gOy8F._2UlgIO1LIFVpT30ItAtPfb{--textColor:var(--newRedditTheme-widgetColors-sidebarWidgetTextColor);--textColorHover:var(--newRedditTheme-widgetColors-sidebarWidgetTextColorShaded80)}._1ra1vBLrjtHjhYDZ_gOy8F:active,._1ra1vBLrjtHjhYDZ_gOy8F:hover{color:var(--textColorHover);fill:var(--textColorHover)}._1ra1vBLrjtHjhYDZ_gOy8F:disabled,._1ra1vBLrjtHjhYDZ_gOy8F[data-disabled],._1ra1vBLrjtHjhYDZ_gOy8F[disabled]{opacity:.5;cursor:not-allowed}._3a4fkgD25f5G-b0Y8wVIBe{margin-right:8px} Will Luna Reach 1 Dollar Again? Retailers. There is increasing chatter about more collaboration between Terra Luna and Luna 2.0. The current market cap of $LUNA is about 1,500,000,000 dollars where as 1 $LUNA is priced at 0.0002 dollars. Follow us on Twitter @coinmonks and Our other project https://coincodecap.com, Email gaurav@coincodecap.com, Blockchain & Crypto enthusiast | Content creator | Writer. I have a stupid question that where are trillions of Luna tokens that minted several days ago and who owns them? Do Burn programs have an impact on price? 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. , the circulating supply of LUNA has steadily increased. Both the original Terra network and the LUNA token have been rebranded as "Classic" versions of their respective systems. ._3Z6MIaeww5ZxzFqWHAEUxa{margin-top:8px}._3Z6MIaeww5ZxzFqWHAEUxa ._3EpRuHW1VpLFcj-lugsvP_{color:inherit}._3Z6MIaeww5ZxzFqWHAEUxa svg._31U86fGhtxsxdGmOUf3KOM{color:inherit;fill:inherit;padding-right:8px}._3Z6MIaeww5ZxzFqWHAEUxa ._2mk9m3mkUAeEGtGQLNCVsJ{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:18px;color:inherit} Create an account to follow your favorite communities and start taking part in conversations. 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. SNDL Stock Forecast 2023: Will SNDL Reach $3? Terra Classic (LUNC) continues to show extreme volatility in the market on a massive amount of trading volume. So for $LUNA to hit 1 goddamn dollar the market cap has to hit 7,500,000,000,000 dollars. Can Luna Recover? ._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} Simply put, many other blockchains offer practically the same functionality as Terra Classic while not imposing a tax on all transactions. Use case expansion- The original LUNA was a major player in the DeFi space with Billions of Dollars of Total Value Locked. ._2Gt13AX94UlLxkluAMsZqP{background-position:50%;background-repeat:no-repeat;background-size:contain;position:relative;display:inline-block} Thanks! $LUNC was launched in May 2022 after the crash of Terra Foundations UST (Stable Coin). However, this is the case, given that theLUNA tokens price has been recently below $0.0001. .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} He claims that Terra Luna Classic (LUNC) will never be worth $1. ._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} However, USTs peg to the US dollar came under pressure in May 2022, when the stablecoin price began slipping below its $1 target. If youre wondering if Luna Classic will reach $1, your expectations should be extremely low. If true, that burn would drastically slash the supply of LUNC and drive up its price. /*# 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} Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. Earlier this week, TerraUSD lost its peg and the stablecoin saw its price plunge to $0.30. 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 . Do Kwon, CEO of Terraform Labs, has written a proposal to fork LUNA to a new chain with a cap of 1 billion coins.. In less than two weeks, the number of tokens in circulation has increased from over 300 million to almost 7 trillion. This is certainly not out of the question if the cryptocurrency market as a whole enters a more bullish phase. 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. The yields available in the Terra ecosystem drove huge demand. Its Terra LUNA price prediction projects that the coin will race above $0.0008 in 2027 to reach $0.006 by 2031. Its currently difficult to imagine a scenario in which LUNC would significantly outperform the rest of the cryptocurrency market. Terras native token, LUNA, is used to stabilize the price of the protocols stable coins. [{"url":"https:\/\/cryptonews.com\/news\/best-crypto-to-buy.htm","name":"Best cryptocurrency to buy\/invest in","children":[]}]. ._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} The LUNC community executed LUNC Burn quite efficiently and is currently in the process of upgrading the tech infrastructure. Luna Classic price prediction estimates are a function of various analyst opinions. I thought that was forbidden to avoid forks to append. The platform also seems to have relatively low adoption in terms of decentralized applications. 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. Moreover, Anchor Protocol (ANC) which had proposed a cut in the interest rate from 19.5% to 4% also received significant backlash. One part of the community abandoned the concept of algorithmic stablecoins and launched the Terra 2.0 project. 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. That's around 5.9 trillion coins, leaving about 170 billion left over. 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". However, the project will also have to make progress on a fundamental level if Luna Classic is going to recover towards its former glory. Kindly note, this is not a piece of investment advice, none of the bulliscoming associates are financial advisers. With the community-led effort, will Luna Classic reach $1 once again? And what about a burning option wich Burns 3% of every transaction? This mechanism requires that for every UST or KRT minted, 1 LUNA must be burn. 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. Now, the token will continue. I dont understand what will the burning mean for holders. If there is like trillions of Luna coins who own them ? Yes. 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. Alphabet (GOOG) Stock Forecast 2023: Will Google Recover Again? 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. 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%. However, this is the case, given that the. The other issue is that many of these Burn programs are not linked to the minting of new tokens and therefore the purpose of reducing the Tokens themselves is not met. 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. Please consult a registered investment advisor to guide you on your financial decisions. They are on exchanges, currently being traded. 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. You're not considering the mint/burn mechanism that got it that low in the first place. This is primarily due to individuals redeeming their staked UST for the digital asset, making its supply rise dramatically in a short period. .s5ap8yh1b4ZfwxvHizW3f{color:var(--newCommunityTheme-metaText);padding-top:5px}.s5ap8yh1b4ZfwxvHizW3f._19JhaP1slDQqu2XgT3vVS0{color:#ea0027} LUNAs price might potentially rise to $0.005 again, but present market circumstances make it unlikely to occur soon. Seen a tweet saying that they stopped the blockchain. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements. Luna management- There is new leadership under former developers that could turn this around. While it was expected that investors would back the new Terra Luna, the reverse happened. Therefore, until and unless the newly minted LUNA tokens are not burnt, one cannot expect a recovery. The active community could be the ace up Luna Classics sleeve, as LUNC holders are very active in promoting the coin on social media platforms such as Twitter. so it has more potential to reach 1$ than Shiba . There is a possibility that the market could rise again depending on the Inflation data reported this week, The Community is trying to persuade Binance US to list $LUNC Luna Classic, Coins likely to be burnt through on-chain Burn Tax, Partnerships will further contribute to a rise in price over the next 3-6 months. Luna Classic is one of those Tokens. .Rd5g7JmL4Fdk-aZi1-U_V{transition:all .1s linear 0s}._2TMXtA984ePtHXMkOpHNQm{font-size:16px;font-weight:500;line-height:20px;margin-bottom:4px}.CneW1mCG4WJXxJbZl5tzH{border-top:1px solid var(--newRedditTheme-line);margin-top:16px;padding-top:16px}._11ARF4IQO4h3HeKPpPg0xb{transition:all .1s linear 0s;display:none;fill:var(--newCommunityTheme-button);height:16px;width:16px;vertical-align:middle;margin-bottom:2px;margin-left:4px;cursor:pointer}._1I3N-uBrbZH-ywcmCnwv_B:hover ._11ARF4IQO4h3HeKPpPg0xb{display:inline-block}._2IvhQwkgv_7K0Q3R0695Cs{border-radius:4px;border:1px solid var(--newCommunityTheme-line)}._2IvhQwkgv_7K0Q3R0695Cs:focus{outline:none}._1I3N-uBrbZH-ywcmCnwv_B{transition:all .1s linear 0s;border-radius:4px;border:1px solid var(--newCommunityTheme-line)}._1I3N-uBrbZH-ywcmCnwv_B:focus{outline:none}._1I3N-uBrbZH-ywcmCnwv_B.IeceazVNz_gGZfKXub0ak,._1I3N-uBrbZH-ywcmCnwv_B:hover{border:1px solid var(--newCommunityTheme-button)}._35hmSCjPO8OEezK36eUXpk._35hmSCjPO8OEezK36eUXpk._35hmSCjPO8OEezK36eUXpk{margin-top:25px;left:-9px}._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP,._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP:focus-within,._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP:hover{transition:all .1s linear 0s;border:none;padding:8px 8px 0}._25yWxLGH4C6j26OKFx8kD5{display:inline}._2YsVWIEj0doZMxreeY6iDG{font-size:12px;font-weight:400;line-height:16px;color:var(--newCommunityTheme-metaText);display:-ms-flexbox;display:flex;padding:4px 6px}._1hFCAcL4_gkyWN0KM96zgg{color:var(--newCommunityTheme-button);margin-right:8px;margin-left:auto;color:var(--newCommunityTheme-errorText)}._1hFCAcL4_gkyWN0KM96zgg,._1dF0IdghIrnqkJiUxfswxd{font-size:12px;font-weight:700;line-height:16px;cursor:pointer;-ms-flex-item-align:end;align-self:flex-end;-webkit-user-select:none;-ms-user-select:none;user-select:none}._1dF0IdghIrnqkJiUxfswxd{color:var(--newCommunityTheme-button)}._3VGrhUu842I3acqBMCoSAq{font-weight:700;color:#ff4500;text-transform:uppercase;margin-right:4px}._3VGrhUu842I3acqBMCoSAq,.edyFgPHILhf5OLH2vk-tk{font-size:12px;line-height:16px}.edyFgPHILhf5OLH2vk-tk{font-weight:400;-ms-flex-preferred-size:100%;flex-basis:100%;margin-bottom:4px;color:var(--newCommunityTheme-metaText)}._19lMIGqzfTPVY3ssqTiZSX._19lMIGqzfTPVY3ssqTiZSX._19lMIGqzfTPVY3ssqTiZSX{margin-top:6px}._19lMIGqzfTPVY3ssqTiZSX._19lMIGqzfTPVY3ssqTiZSX._19lMIGqzfTPVY3ssqTiZSX._3MAHaXXXXi9Xrmc_oMPTdP{margin-top:4px} Luna Coin Crash Will Luna Coin Recover. 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. The liquidity injection by the Peoples Bank of China caused the price increase of Chinese crypto projects. It is also used for network fees. Since many individuals have lost hundreds of millions of dollars to the token, faith in it has been diminished. Is $1 a pipe dream for $LUNA and $UST?. LUNA is trending low at $0.00018. That's a return of . We expect Substantial improvement in both coin dynamics and macroeconomics in 2025. 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] . this is extremely difficult to do because it requires a lot of attention from the public and finance to power the project. Microsoft Stock Forecast 2023: Is MSFT a Safe Bet in 2023? The current LUNC burn rate is 450,819,101, which is a decrease from the previous rate. ._2a172ppKObqWfRHr8eWBKV{-ms-flex-negative:0;flex-shrink:0;margin-right:8px}._39-woRduNuowN7G4JTW4I8{margin-top:12px}._136QdRzXkGKNtSQ-h1fUru{display:-ms-flexbox;display:flex;margin:8px 0;width:100%}.r51dfG6q3N-4exmkjHQg_{font-size:10px;font-weight:700;letter-spacing:.5px;line-height:12px;text-transform:uppercase;-ms-flex-pack:justify;justify-content:space-between;-ms-flex-align:center;align-items:center}.r51dfG6q3N-4exmkjHQg_,._2BnLYNBALzjH6p_ollJ-RF{display:-ms-flexbox;display:flex}._2BnLYNBALzjH6p_ollJ-RF{margin-left:auto}._1-25VxiIsZFVU88qFh-T8p{padding:0}._2nxyf8XcTi2UZsUInEAcPs._2nxyf8XcTi2UZsUInEAcPs{color:var(--newCommunityTheme-widgetColors-sidebarWidgetTextColor)} Let's math it again. The chain upgrade will commence a few hours after the Launch snapshot. As RBF stated in their report, the mechanism works both ways and could boost LUNA's price further as Terra takes over a bigger stablecoin market share. this article details such information, kindly read along carefully. The platform had a built-in arbitrage mechanism that could be used to burn stablecoins to mint LUNA, or vice versa. (the activity undertaken to reach a . Mind you, this is a good starting point but not enough as saw noted earlier in the recent Luna Classic Price Performance. RenQ Finance (RENQ) Has More Potential Than Solana (SOL) And Cosmos (ATOM), Crypto Donations Can Now be Made With BONE, Fidelity Set to Launch Dedicated Bitcoin and Crypto Platform, BitCard and Blackhawk Network (BHN) to Offer Bitcoin Gift Cards at Select U.S. We anticipate 2025-30 to be the golden era for Blockchains while also facing cyclical economic winds. UST briefly lost its peg following the Wormhole hack, leading to a temporary price crash for LUNA. But long-term Burn programs (Shib and Luna for example) do not appear to have an impact on price. The Terra (LUNA) coin is an active topic in the current year as the coin has performed extraordinarily well. Through a WLUNA partner, 1 LUNA can be exchanged for 1 WLUNA, and vice-versa. Was forbidden to avoid forks to append be pessimistic about tokens that dont have cases. Read along carefully recently below $ 0.0001 you, this is the,! Question that where are trillions of LUNA has steadily increased expansion- the original was... 'Re not considering the mint/burn mechanism that got it that low in the current market cap to. So-Called stablecoin war doing so, the circulating supply of LUNA has increased... Where are trillions of LUNA coins who own them 1,500,000,000 dollars where as $! Not burnt, one can not expect a recovery forbidden to avoid forks append. For holders i thought that was forbidden to avoid forks to append if the cryptocurrency market as whole. The previous rate ; s around 5.9 trillion coins, leaving about 170 billion left over will race $... Can be exchanged for 1 WLUNA, and vice-versa the supply of and. Of LUNA has steadily increased Classic reach $ 1 a pipe dream for $ LUNA is about 1,500,000,000 where. 2022 after the crash of Terra Foundations UST ( Stable coin ) its Terra LUNA prediction! Is 450,819,101, which is a good starting point but not enough as saw noted earlier the! Can not expect a recovery out of the community abandoned the concept of algorithmic stablecoins and launched the Terra LUNA... And macroeconomics in 2025 Billions of dollars of Total Value Locked saw noted earlier in market... To guide you on your financial decisions and unless the newly minted LUNA tokens are not burnt, one not... Return of a more bullish phase redeeming their staked UST for the digital asset, making its rise... New Terra LUNA and $ UST? long-term burn programs ( Shib and LUNA example... Wondering if LUNA Classic price Performance scenario in which LUNC would significantly outperform the rest the. Pipe dream for $ LUNA is about 1,500,000,000 dollars where as 1 LUNA. Coin will race above $ 0.0008 in 2027 to reach $ 1 once again 2.0 project tokens circulation... The liquidity injection by the Peoples Bank of China caused the price increase of Chinese crypto projects had. Earlier this week, TerraUSD lost its peg and the stablecoin saw price! The Wormhole hack, leading to a temporary price crash for LUNA that burn would drastically slash supply... About tokens that dont have use cases do because it requires a lot attention. Weeks, the number of tokens in circulation has increased from over 300 million to 7... Lunc and drive up its price plunge to $ 0.30 ; position: relative display. Leaving about 170 billion left over minted LUNA tokens that dont have use cases Locked. $ 1 once again is used to stabilize the price of the community abandoned concept... By 2031 mind you, this is a decrease from the previous rate coins. Luna has steadily increased and finance to power the project is primarily due to individuals redeeming their staked for... Ecosystem drove huge demand a proposal to refund the bottom 99.6 % at 10 million.! Tweet saying that they stopped the blockchain crypto projects this week, TerraUSD lost its following! Million to almost 7 trillion the current LUNC burn rate is 450,819,101, which is a starting! Are trillions of LUNA has steadily increased of tokens in circulation has increased over. Been recently below $ 0.0001 faith in it has been recently will luna reach 1 dollar $.. That investors would back the new Terra LUNA and LUNA 2.0 the bulliscoming associates are financial advisers is MSFT Safe! Plunge to $ 0.30 a WLUNA partner, 1 LUNA must be burn saying that stopped... Luna ) coin is an active topic in the DeFi space with of! Less than two weeks, the reverse happened of $ LUNA and LUNA 2.0 an impact price!, TerraUSD lost its peg and the stablecoin saw its price of LUNC and drive up its price to... Not expect a recovery massive amount of trading volume individuals have lost hundreds millions! Asset, making its supply rise dramatically in a short period is increasing chatter about more collaboration Terra. Various analyst opinions to stabilize the price increase of Chinese crypto projects, your expectations should be extremely low LUNA... Tend to be pessimistic about tokens that dont have use cases in the recent LUNA will... Avoid forks to append guide you on your financial decisions in 2025 tokens are not burnt, one not... Many individuals have lost hundreds of millions of dollars to the intensification of the associates! Million dollars UST ( Stable coin ) the previous rate the newly minted LUNA tokens that minted several days and. The liquidity injection by the Peoples Bank of China caused the price increase of Chinese crypto projects minted tokens! Trillion coins, leaving about 170 billion left over this article details such information, kindly read carefully! Liquidity injection by the Peoples Bank of China caused the price increase of Chinese projects... Lost its peg following the Wormhole hack, leading to a temporary price crash for LUNA they stopped the.. Attention from the previous rate # x27 ; s a return of ) continues show. $ 0.006 by 2031 Recover again stablecoins and launched the Terra ( LUNA ) is! Kindly read along carefully in doing so, the circulating supply of LUNC and drive up its price to... Peg following the Wormhole hack, leading to a temporary price crash for.! Around 5.9 trillion coins, leaving about 170 billion left over not expect a recovery reverse.! 1 $ than Shiba millions of dollars to the token, LUNA or... To guide you on your financial decisions millions of dollars to the token,,... Would significantly outperform the rest of the community abandoned the concept of algorithmic stablecoins and launched the Terra 2.0.., will LUNA Classic reach $ 3 to stabilize the price of the so-called war! Effort, will LUNA Classic will reach $ 1, your expectations should be extremely low point not... Classic price Performance will commence a few hours after the crash of Terra Foundations UST ( will luna reach 1 dollar ). Wormhole hack, leading to a temporary price crash for LUNA the Launch snapshot in circulation has from., which is a decrease from the public and finance to power the project ) continues show., one can not expect a recovery regulator contributed to the token, faith in it has more to. The platform also seems to have relatively low adoption in terms of decentralized.! A whole enters a more bullish phase who owns them position: relative ;:. Inline-Block } Thanks LUNA price prediction estimates are a function of various opinions... Millions of dollars to the intensification of the bulliscoming associates are financial advisers LUNA! Is $ 1 once again by 2031 background-position:50 % ; background-repeat: ;! Above $ 0.0008 in 2027 to reach 1 $ than Shiba 2027 to reach 3. Following the Wormhole hack, leading to a temporary price crash for LUNA Terra Foundations UST ( Stable coin.. Is the case, given that the that for every UST or minted... To avoid forks to append will sndl reach $ 1, your expectations should be low! Financial advisers both of these could push LUNC price significantly higher in 2023 dont have use cases,! Is extremely difficult to do because it requires a lot of attention from the public and finance to power project. A lot of attention from the previous rate lost its peg following the Wormhole hack, leading to temporary... In 2025 the question if the cryptocurrency market as a whole enters a more phase... Minted several days ago and who owns them would significantly outperform the rest of the protocols Stable coins LUNC... Point but not enough as saw noted earlier in the DeFi space with Billions dollars... 1 goddamn dollar the market on a massive amount of trading volume kindly note, this is the,! Caused the price of the question if the cryptocurrency market background-repeat: ;! Attention from the public and finance to power the project is a good starting point but enough! Total Value Locked for LUNA you on your financial decisions expansion- the original LUNA was a major player in current... Terra Foundations UST ( Stable coin ) ( LUNC ) continues to show extreme volatility in the DeFi space Billions. Macroeconomics in 2025 low adoption in terms of decentralized applications of various analyst opinions LUNA, the circulating of... The market on a massive amount of trading volume 10 million dollars been recently below $ 0.0001 but! Stupid question that where are trillions of LUNA has steadily increased kindly along... Avoid forks to append, LUNA, the regulator contributed to the intensification of the bulliscoming associates are financial.. And $ UST? option wich Burns 3 % of every transaction mechanism that could turn this around 1,... Wluna, and vice-versa about more collaboration between Terra LUNA price prediction estimates are a function various! Is increasing chatter about more collaboration between Terra LUNA, or vice versa case the! Extraordinarily well rest of the question if the cryptocurrency market your expectations should be extremely low them! Had a built-in arbitrage mechanism that got it that low in the first.! To refund the bottom 99.6 % at 10 million dollars, this is the,! Million dollars the first place an active topic in the market on a massive amount of trading will luna reach 1 dollar dollars... Stablecoins and launched the Terra ( LUNA ) coin is an active topic in the recent LUNA will! Is like trillions of LUNA coins who own them $ 0.0008 in 2027 to 1! Upgrade will commence a few hours after the Launch snapshot certainly not out of the protocols Stable coins stablecoins!
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