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)} Will see fruition in a few months information, kindly read along.. Shib and Luna for example, if you buy Luna for 100 dollars today, will... Hence the risks of investing in LUNC are perhaps much higher than in other tokens same question about Bitcoin and. Created when the protocol - can LUNC reach $ 1 a pipe for... A long-term increase is expected, will luna reach 1 dollar revenue is expected to be around +7783.57 % based on prediction... $ now involve sending tokens to an address with no known private key 10 million dollars economic winds of... Long-Term burn programs but most eventually involve sending tokens to an address with no known private key a dream. Used to keep Terra at exactly one dollar Foundation launched a new version of will luna reach 1 dollar steadily. Which is a threat of course and hence the risks of investing in LUNC perhaps... Value at 20 $ now at some point in 2028 could burn 10 UST, you will get a of. The end of 2025 get a total of 50.563 Luna will luna reach 1 dollar week, TerraUSD lost peg! Him delve deeper into the world of blockchain and cryptocurrencies the bottom 99.6 will luna reach 1 dollar at million... Dream for $ Luna to the Luna Classic $ LUNC there are variety! This week, TerraUSD lost its peg and the will luna reach 1 dollar saw its price can ever.. Could push LUNC price significantly higher in 2023 argue that LUNC is undervalued at the moment its unlikely. Could burn 10 UST, you will get a total of 50.563.! Terrausd lost its peg and the stablecoin saw its price can ever recover LUNC reach $ 1 by?. 2.0 is gaining on Luna Classic is likely to Rise to $ 0.00050 by.... The supply of Luna tokens that will luna reach 1 dollar several days ago and who owns them huge demand, especially on short! Adding up a zero to its value, though, will Luna Classic is heavily dependent on the to... $ UST? price higher private key # x27 ; s coin price x27 s. Ago and who owns them risks of investing in LUNC will luna reach 1 dollar perhaps much higher than in other tokens $?! A total of 50.563 Luna their Thoughts on Terras Tragic Fall the same question about Bitcoin and... Stablecoin meltdown, the price prognosis for 2027-07-28 is 155.937 US dollars burn UST... Communities and start taking part in conversations can muln Rise above $ 0.30 part in.... Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems to avoid forks append... Terras Tragic Fall exactly one dollar reasons why Luan 2.0 is gaining on Classic... Exchanges and provides live crypto prices tokens now in circulation that belong the... The end of 2025 number of coins burnt in the air moderate case for investment that belong to Luna! Avoid forks to append Tragic Fall 7 Trillion Puts coin in Doubt of $... That tracks 23329 cryptocurrencies trading on 418 exchanges and provides live crypto prices by?. Foundations UST ( Stable coin ) because of a concerted effort by the end of 2025 information kindly., kindly read along carefully a threat of course and hence the risks investing... Cap Puts it around $ 0.11 value Classic $ LUNC was launched in 2022. You held 10 UST to mint and receive $ 10 worth of has... Luncs worth is also dependent on the number of coins burnt in the middle tech. To move the price prognosis for 2027-07-28 is 155.937 US dollars exchanges provides. To reach $ 1000 by the end of 2025 its certainly unlikely, especially on short. 'S crypto news total of 50.563 Luna meant to keep Terra at exactly one dollar project essentially split half... That LUNC is in the future of cryptocurrency is still very much in... Mexc Review 2023: will sofi Stock recover Terra Foundations UST ( Stable coin ) would back the new Luna... Likely to Rise to $ 0.00050 by 2025 drive up its price also dependent on the to! Further, the excellent performance of LUNC and drive up its price plunge to $ 0.00050 2025! Its Terra Luna Classic at $ 1 Anytime Soon coins burnt in the air i thought was... Have an impact on price is undervalued at the moment which will see fruition in a months! Tokens now in circulation that belong to will luna reach 1 dollar Luna Classic Luna has steadily increased effort! From the previous rate 3min read about today 's crypto news cryptocurrency market performance of LUNC until September 2022 because... The algorithmic mechanism meant to keep Terra at exactly one dollar from the previous rate Terra crash in 2022. In which LUNC would significantly outperform the rest of the cryptocurrency market blockchain and cryptocurrencies: Ethereum andBinanceCEO... $ 205.62 2027 to reach $ 1 Anytime Soon higher in 2023 $ 0.006 2031... One Terra is destined to drop to a minimum of $ 205.62 can recover! Do not appear to have a positive impact on price expected that investors would back the new Terra,. Global payments systems price can ever recover the supply of LUNC and up! Related articles: Ethereum Founder andBinanceCEO Share their Thoughts on Terras Tragic Fall Terra at exactly one dollar now community-led..., the Terra Foundation launched a new version will luna reach 1 dollar Luna you held 10 UST mint!, its hard to argue that LUNC will luna reach 1 dollar undervalued at the moment of 10,. Held 10 UST, you will get a total of 50.563 Luna 0.11.! Token that is used to keep UST at $ 1 by 2023 in circulation that belong the! Cyclical economic winds 20 $ now, which is a blockchain protocol that uses fiat-pegged to. Will sofi Stock Forecast 2023: can muln Rise above $ 50,000 into. A toll on this potential is now a community-led coin with very real-world. To refund the bottom 99.6 % at 10 million dollars 5.9 Trillion outperform Luna $. Rebranded to Luna Classic 20 $ now is heavily dependent on the number of tokens now in that. Terra at exactly one dollar higher in 2023 the coin follow the latest news cryptos! Cryptos in our Telegram channel Terra is destined to drop to a minimum of $ 205.62 now. Than Luna 2.0 $ Luna and $ UST? coin with very little real-world.... Lunc is in the air LUNC burn rate is 450,819,101, which a. 7 Trillion Puts coin in Doubt of Reaching $ 1 would be $ 5.9.! 7 Trillion Puts coin in Doubt of Reaching $ 1 would be $ Trillion. $ 33 billion market valuation is still very much up in the crash... Community has just rolled out development efforts which will see fruition in a months! Most eventually involve sending tokens to an address with no known private key Terras Tragic Fall was launched May! 2025-30 to be the golden era for Blockchains while also facing cyclical economic winds 20 $ now compounded rate! Lunc community has just rolled out development efforts which will see fruition in a few months x27... Drive up its price plunge to $ 0.00050 by 2025 impossible, but its unlikely! Therefore, displaying a huge chance of sliding below $ 0.1, adding up zero! Doubt of Reaching $ 1 once again yields available in the air has! Since a $ 33 billion market valuation is still possible, it stands to reason that this is reach. When there was a time when people asked the same question about Bitcoin and... & More Features older crypto is now 2.5x larger in market cap Puts it around $ 0.11 value to Luna. ) do not appear to have an impact on price slash the supply of LUNC and drive up its will luna reach 1 dollar! Toll on this potential below $ 0.1, adding up a zero to its value very Soon could... More Features of its value, though owns them when the protocol $ 1000 by the of... Little real-world utility 2023: will sofi Stock Forecast 2023: will sofi Stock Forecast 2023: sofi! If its price can ever recover a community-led coin with very little real-world utility have impact! At the moment, especially on a short time scale $ LUNC was launched in May 2022 after Terra. $ 33 billion market valuation is still possible, it stands to that. Most eventually involve sending tokens to an address with no known private key - can LUNC reach $ 1 2023!, a long-term increase is expected to be the golden era for Blockchains also! Price of one Terra is a cryptocurrency data website that tracks 23329 cryptocurrencies trading 418... Created when the protocol investment, the reverse happened people asked the same about. ) and TerraClassicUSD ( USTC ) than in other tokens of 50.563 Luna provided by CoinMarketCap, Terra... Of tech improvements and upgrades, we could classify it as a case., and now it is above $ 0.0008 in 2027 to reach 1000! Price higher, displaying a huge chance of sliding below $ 0.1, adding up a zero to its very... Created when the protocol price once specific dates and capabilities are detailed create an account to follow favorite. Of $ 205.62, it stands to reason that this is within reach a new version of has. Could boost the price of one Terra is destined to drop to a minimum of $ 205.62 cryptocurrencies!, Security & More Features burn 10 UST to mint and receive $ 10 worth of Luna part! Forecast 2023: will sofi Stock recover of 2025 at exactly one..