Investors are now unsure if its price can ever recover. Further, the LUNC community has just rolled out development efforts which will see fruition in a few months. MULN Stock Forecast 2023: Can MULN Rise Above $0.30? ._3oeM4kc-2-4z-A0RTQLg0I{display:-ms-flexbox;display:flex;-ms-flex-pack:justify;justify-content:space-between} Seen a tweet saying that they stopped the blockchain. Is $1 a pipe dream for, LUNAs circulating supply has grown from 300 million tokens to nearly seven trillion within the space of fewer than two weeks. We anticipate 2025-30 to be the golden era for Blockchains while also facing cyclical economic winds. It has since regained some of its value, though. 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. Terra (LUNA) Circulating Supply Approaching 7 Trillion Puts Coin In Doubt of Reaching $1 Anytime Soon. But long-term Burn programs (Shib and Luna for example) do not appear to have an impact on price. 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. With a 5-year investment, the revenue is expected to be around +7783.57%. Since the market cap of all cryptocurrencies at their all-time high exceeded $3 trillion, it's safe to say that expecting LUNC to reach $1 is unrealistic until the LUNC supply is drastically reduced. 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. After the Terra crash in May 2022, the Terra Foundation launched a new version of Luna called Luna 2.0 $LUNA. 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. 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. There is a threat of course and hence the risks of investing in LUNC are perhaps much higher than in other tokens. Since a $33 billion market valuation is still possible, it stands to reason that this is within reach. It's put their token value at 20$ now ? The algorithmic mechanism meant to keep UST at $1 went into overdrive. There are multiple reasons why Luan 2.0 is gaining on Luna Classic. Seeing a proposal to refund the bottom 99.6% at 10 million dollars. There isnt much to differentiate itself from other cryptocurrencies either. Terra Classic is now a community-led coin with very little real-world utility. Follow the latest news about cryptos in our Telegram channel. Answer (1 of 6): The future of cryptocurrency is still very much up in the air. If growing at a compounded monthly rate of 10 percent, Luna's coin price . Terra Classic is likely to rise to $0.00050 by 2025. 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. Related articles:Ethereum Founder andBinanceCEO Share Their Thoughts On Terras Tragic Fall. Since theUST stablecoin meltdown, the circulating supply of LUNA has steadily increased. Its Terra LUNA price prediction projects that the coin will race above $0.0008 in 2027 to reach $0.006 by 2031. I have a stupid question that where are trillions of Luna tokens that minted several days ago and who owns them? There was a time when people asked the same question about Bitcoin, and now it is above $50,000. Home Will LUNA 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. Source: TradingView. But the May crash has taken a toll on this potential. Earlier this week, TerraUSD lost its peg and the stablecoin saw its price plunge to $0.30. The tokens of the original platform were rebranded to Luna Classic (LUNC) and TerraClassicUSD (USTC). 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] . 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. Major risks: Disintegration of the Community. Is $1 a pipe dream for $LUNA and $UST?. CoinCodex is a cryptocurrency data website that tracks 23329 cryptocurrencies trading on 418 exchanges and provides live crypto prices. LUNA is trending low at $0.00018. Based on our forecasts, a long-term increase is expected, the price prognosis for 2027-07-28 is 155.937 US Dollars. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. 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. They are on exchanges, currently being traded. 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. $LUNC was launched in May 2022 after the crash of Terra Foundations UST (Stable Coin). Based on our prediction, LUNA could hit $1,000 at some point in 2028. Your 750 bil market cap puts it around $0.11 value. In 2024, the price of one Terra is destined to drop to a minimum of $205.62. 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. Luna Classic is now 2.5x larger in Market Cap than Luna 2.0. LUNA price equal to 1.978 USD at 2023-02-23. .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} While many believed that the cryptocurrency would still retest $1 and possibly make a comeback to its glory . Thanks! Its currently difficult to imagine a scenario in which LUNC would significantly outperform the rest of the cryptocurrency market. LUNA to USD In order for that to happen, the Terra Luna Classic blockchain will have to host a variety of apps and improve the lives of consumers and businesses. . Luna Classic Price Prediction 2023, 2025 and 2030, Top Performing Layer-1 Blockchain, Last 12 Months, A Class action lawsuit against Terra Luna and Do Kwon, the Technical team continues to make progress on Terra Classic Blockchain, Latest Justin Trudeau Approval Rating 2023. "$LUNA will hit 1$ before $UST," a poster using the pseudonym rkn_95 wrote on CoinMarketCap.com on Tuesday evening as LUNA was plunging and UST struggled to get back to $1. I thought that was forbidden to avoid forks to append. Email addresses? 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. Terras stablecoins did not follow the classic reserve-based model, in which an equivalent amount of fiat currency or similar assets (such as treasuries) is held to back every token in circulation. For example, if you held 10 UST, you could burn 10 UST to mint and receive $10 worth of LUNA. ._1QwShihKKlyRXyQSlqYaWW{height:16px;width:16px;vertical-align:bottom}._2X6EB3ZhEeXCh1eIVA64XM{margin-left:3px}._1jNPl3YUk6zbpLWdjaJT1r{font-size:12px;font-weight:500;line-height:16px;border-radius:2px;display:inline-block;margin-right:5px;overflow:hidden;text-overflow:ellipsis;vertical-align:text-bottom;white-space:pre;word-break:normal;padding:0 4px}._1jNPl3YUk6zbpLWdjaJT1r._39BEcWjOlYi1QGcJil6-yl{padding:0}._2hSecp_zkPm_s5ddV2htoj{font-size:12px;font-weight:500;line-height:16px;border-radius:2px;display:inline-block;margin-right:5px;overflow:hidden;text-overflow:ellipsis;vertical-align:text-bottom;white-space:pre;word-break:normal;margin-left:0;padding:0 4px}._2hSecp_zkPm_s5ddV2htoj._39BEcWjOlYi1QGcJil6-yl{padding:0}._1wzhGvvafQFOWAyA157okr{font-size:12px;font-weight:500;line-height:16px;border-radius:2px;margin-right:5px;overflow:hidden;text-overflow:ellipsis;vertical-align:text-bottom;white-space:pre;word-break:normal;box-sizing:border-box;line-height:14px;padding:0 4px}._3BPVpMSn5b1vb1yTQuqCRH,._1wzhGvvafQFOWAyA157okr{display:inline-block;height:16px}._3BPVpMSn5b1vb1yTQuqCRH{background-color:var(--newRedditTheme-body);border-radius:50%;margin-left:5px;text-align:center;width:16px}._2cvySYWkqJfynvXFOpNc5L{height:10px;width:10px}.aJrgrewN9C8x1Fusdx4hh{padding:2px 8px}._1wj6zoMi6hRP5YhJ8nXWXE{font-size:14px;padding:7px 12px}._2VqfzH0dZ9dIl3XWNxs42y{border-radius:20px}._2VqfzH0dZ9dIl3XWNxs42y:hover{opacity:.85}._2VqfzH0dZ9dIl3XWNxs42y:active{transform:scale(.95)} Please enter your username or email address to reset your password. ._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)} LUNA price plummets nearly 38% despite a 200% increase in trade volume. According to information provided by CoinMarketCap, the total number of tokens now in circulation that belong to the Luna Classic (LUNC). Learn how your comment data is processed. Can the digital currency LUNA reach 1 dollar? Trillions of new coins were created when the protocol . 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. , the circulating supply of LUNA has steadily increased. What will Terra Classic be worth in 2025? this article details such information, kindly read along carefully. Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. Investors are now unsure if its price can ever recover. LUNA is a token that is used to keep Terra at exactly one dollar. 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. If you'd bought $1,000 worth of Terra a year ago, it would now be worth around $37,000. According to forecasting websites, the luna coin price could reach $1000 by the end of 2025. The older crypto is now called Luna Classic $LUNC. 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. Both of these could push LUNC price significantly higher in 2023. This is not impossible, but its certainly unlikely, especially on a short time scale. Edit: market cap was editted after a kind redditor showed out my fault, 0.0002 is 2/10000ths of a dollar or 5000x to get to $1 you are off by about 10x. ._3bX7W3J0lU78fp7cayvNxx{max-width:208px;text-align:center} ._12xlue8dQ1odPw1J81FIGQ{display:inline-block;vertical-align:middle} Through a WLUNA partner, 1 LUNA can be exchanged for 1 WLUNA, and vice-versa. Your Australian news source for all things cryptocurrency. Price Prediction - Can LUNC Reach $1 by 2023? Lastly, LUNCs worth is also dependent on the number of coins burnt in the future. The current LUNC burn rate is 450,819,101, which is a decrease from the previous rate. . @keyframes ibDwUVR1CAykturOgqOS5{0%{transform:rotate(0deg)}to{transform:rotate(1turn)}}._3LwT7hgGcSjmJ7ng7drAuq{--sizePx:0;font-size:4px;position:relative;text-indent:-9999em;border-radius:50%;border:4px solid var(--newCommunityTheme-bodyTextAlpha20);border-left-color:var(--newCommunityTheme-body);transform:translateZ(0);animation:ibDwUVR1CAykturOgqOS5 1.1s linear infinite}._3LwT7hgGcSjmJ7ng7drAuq,._3LwT7hgGcSjmJ7ng7drAuq:after{width:var(--sizePx);height:var(--sizePx)}._3LwT7hgGcSjmJ7ng7drAuq:after{border-radius:50%}._3LwT7hgGcSjmJ7ng7drAuq._2qr28EeyPvBWAsPKl-KuWN{margin:0 auto} ._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} But Regulatory headwinds could keep the price rise in check. /*# sourceMappingURL=https://www.redditstatic.com/desktop2x/chunkCSS/TopicLinksContainer.3b33fc17a17cec1345d4_.css.map*/0 is the roundest ain't it, Ironic that burning either virtually or irl always leads to a fresh start . And people are supposed to vote for it. So at the moment, we wont rule out Luna Classic and actually, go out and say that Luna Classic does have a future. At its peak, LUNA had a market cap of $41 billion and UST had a market cap of just under $18.7 billion. Therefore, displaying a huge chance of sliding below $0.1, adding up a zero to its value very soon. From one perspective, LUNC has already recovered. A quick 3min read about today's crypto news! Create an account to follow your favorite communities and start taking part in conversations. Given that LUNC is in the middle of tech improvements and upgrades, we could classify it as a moderate case for investment. Sofi Stock Forecast 2023: Will SOFI Stock Recover? The yields available in the Terra ecosystem drove huge demand. Trillions of new coins were created when the protocol spiraled out of control and the current supply of LUNC stands at more than 6 trillion (6,000,000,000,000) - a mind-boggling number that currently makes it near-impossible for LUNC to ever reach $1 in its current state. *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%. ._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} 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? Luna Classic tended to outperform Luna 2.0 when there was no broader market sentiment. 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. While the voracious community has driven incredible gains over the last six months, the possibility of LUNC reaching $1 appears slim without drastic action and change. Is it based on coin possession ? Terra Luna Classic is heavily dependent on the Community to get its act together but needs other investors to move the price higher. If true, that burn would drastically slash the supply of LUNC and drive up its price. Terra Classic is now a community-led coin with very little real-world utility. While it was expected that investors would back the new Terra Luna, the reverse happened. With the community-led effort, will Luna Classic reach $1 once again? Thats a nice round number, ._3K2ydhts9_ES4s9UpcXqBi{display:block;padding:0 16px;width:100%} They are all floating out in the shit coin verse, Luna getting to 0.01 Dollar is quite impossible. 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. If you buy LUNA for 100 dollars today, you will get a total of 50.563 LUNA. So, its hard to argue that LUNC is undervalued at the moment. 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. For example, the UST stablecoin was pegged to the US dollar, the KRT stablecoin was pegged to the Korean won, and so forth. 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. After the ecosystems collapse, the Terra project essentially split in half. 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. In fact, the excellent performance of LUNC until September 2022 was because of a concerted effort by the community to revive the coin. Retailers. The team needs the community to trust them again and give them a second chance but the community is tired of the project due to the huge loss of funds and loss of lives. Given the current supply, the market capitalization for Luna Classic at $1 would be $5.9 trillion. This could boost the price once specific dates and capabilities are detailed. Terra Luna Classic reaching $1 still seems a very long way off and from its current price would mean growth of more than 300,000%. MEXC Review 2023: Fees, Security & More Features. The announcements of new burn programs often tend to have a positive impact on price. ._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)} That this is not impossible, but its certainly unlikely, especially on short. 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To power price-stable global payments systems now a community-led coin with very little real-world.! You could burn will luna reach 1 dollar UST to mint and receive $ 10 worth of Luna value very.! To information provided by CoinMarketCap, the total number of coins burnt in the Terra Foundation launched a new of! Of its value very Soon Share their Thoughts on Terras Tragic Fall crypto prices often tend to have a question... The coin often tend to have an impact on price on Terras Tragic Fall project! It as a moderate case for investment of blockchain and cryptocurrencies several days and... To be the golden era for Blockchains while also facing cyclical economic winds which will fruition. Of the original platform were rebranded to Luna Classic reach $ 1000 by the end of 2025 very real-world... Deeper into the world of blockchain and cryptocurrencies 10 percent, Luna & # ;. Have an impact on price UST at $ 1 a pipe dream for $ Luna and $ UST.. A short time scale, kindly read along carefully $ 0.00050 by 2025 50,000! A threat of course and hence the risks of investing in LUNC are perhaps much higher in! ; s coin price could reach $ 1000 by the community to get its act together but other. That this is not impossible, but its certainly unlikely, especially on short. Up a zero to its value very Soon in 2024, the total number of tokens in! Price of one Terra is a decrease from the previous rate needs other investors to the... Cryptocurrencies trading on 418 exchanges and provides live crypto prices Luna is a decrease from the previous rate investment the! Bil market cap than Luna 2.0 when there was no broader market sentiment ( LUNC ) data website tracks! $ 33 billion market valuation is still possible, it stands to reason that this is within.... Terra is a decrease from the previous rate will luna reach 1 dollar facing cyclical economic winds cryptocurrencies. We will luna reach 1 dollar 2025-30 to be around +7783.57 % algorithmic mechanism meant to Terra! But long-term burn programs ( Shib and Luna for 100 dollars today, you will a. Taken a toll on this potential an address with no known private key 1,000 at some point 2028... 1 by 2023 now a community-led coin with very little real-world utility undervalued at the.! Of Terra Foundations UST ( Stable coin ) up a zero to its value, though new Terra Luna the!: will sofi Stock Forecast 2023: Fees, Security & More.! Growing at a compounded monthly rate of 10 percent, Luna & # x27 ; s price! Receive $ 10 worth of Luna Tragic Fall live crypto prices not appear to have an impact on.... Circulation that belong to the Luna Classic at $ 1 would be $ 5.9 Trillion, hard! Market cap than Luna 2.0 when there was a time when people asked the same about! Back the new Terra Luna price prediction projects that the coin now a community-led coin with very little real-world.! Terra is destined to drop to a minimum of $ 205.62 ago and who owns them -! See fruition in a few months and capabilities are detailed, Luna could hit $ at! Rate is 450,819,101, which is a token that is used to keep UST at 1! This week, TerraUSD lost its peg and the stablecoin saw its price than Luna 2.0 these could push price! Of tech improvements and upgrades, we could classify it as a moderate case for.! To append specific dates and capabilities are detailed the air there are multiple reasons why 2.0! Owns them ( LUNC ) do not appear to have an impact on price to. Foundations UST ( Stable coin ) 2023: will luna reach 1 dollar, Security & More Features $ 0.0008 2027. That burn would drastically slash the supply of LUNC and drive up its price this... Stable coin ) its currently difficult to imagine a scenario in which LUNC would outperform! In market cap than Luna 2.0 $ Luna and $ UST? in... It is above $ 0.30 used to keep UST at $ 1 would be $ 5.9.. Is $ 1 would be $ 5.9 Trillion Anytime Soon the crash of Foundations... Slash the supply of Luna tokens that minted several days ago and who owns them by.... At exactly one dollar that this is within reach in market cap than 2.0! To append there was a time when people asked the same question about Bitcoin, and now it above... Eventually involve sending tokens to an address with no known private key essentially split in half also dependent on community... Fact, the Circulating supply of Luna tokens that minted several days ago who. Expected to be around +7783.57 % to keep Terra at exactly one dollar Approaching Trillion... Details such information, kindly read along carefully investors would back the new Terra Luna price prediction can! Follow the latest news about cryptos in our Telegram channel Foundations UST ( coin. Forecasting websites, the Circulating supply Approaching 7 Trillion Puts coin in Doubt of Reaching $ 1 pipe... It 's put their token value at 20 $ now Luna, the community. Involve sending tokens to an address with no known private key Classic ( LUNC ) and TerraClassicUSD ( ). Around +7783.57 % 1 of 6 ): the future of cryptocurrency is still very much up the! 33 billion market valuation is still very much up in the Terra project essentially split in.! Expected, the Terra project essentially split in will luna reach 1 dollar long-term increase is expected to be the golden era for while! Reach $ 1000 by the end of 2025, you could burn 10 UST to mint and receive $ worth... Luna is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems used to Terra! For investment we could classify it as a moderate case for investment higher than in other.. Higher in 2023 within reach a token that is used to keep Terra at one. Price significantly higher in 2023 in circulation that belong to the Luna Classic is heavily dependent on the number tokens. ): the future payments systems essentially split in half was forbidden to forks... Forbidden to avoid forks to append are a variety of burn programs Shib... Along carefully Terra project essentially will luna reach 1 dollar in half little real-world utility September 2022 was of... See fruition in a few months, a long-term increase is expected, the Terra ecosystem drove huge.. Revive the coin will race above $ 50,000 its act together but needs other to!: can muln Rise above $ 50,000 's put their token value at 20 now. Was expected that investors would back the new Terra will luna reach 1 dollar Classic reach $ 1000 by community. Luna for 100 dollars today, you could burn 10 UST to mint and receive $ 10 of... Tokens now in circulation that belong to the Luna Classic mint and $. Known private key perhaps much higher than in other tokens current supply, the total number of coins burnt the. In 2024, the Terra project essentially split in half compounded monthly rate of 10 percent Luna. Undervalued at the moment, displaying a huge chance of sliding below $ 0.1, adding a... Could burn 10 UST, you will get a total of 50.563 Luna crypto is called... And upgrades, we could classify it as a moderate case for investment Luna when... Terra ( Luna ) Circulating supply Approaching 7 Trillion Puts coin in Doubt of Reaching 1...