At that point why even try to revive it ? ._1sDtEhccxFpHDn2RUhxmSq{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:18px;display:-ms-flexbox;display:flex;-ms-flex-flow:row nowrap;flex-flow:row nowrap}._1d4NeAxWOiy0JPz7aXRI64{color:var(--newCommunityTheme-metaText)}.icon._3tMM22A0evCEmrIk-8z4zO{margin:-2px 8px 0 0} And people are supposed to vote for it. Major risks: Disintegration of the Community. *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%. [{"url":"https:\/\/cryptonews.com\/news\/best-crypto-to-buy.htm","name":"Best cryptocurrency to buy\/invest in","children":[]}]. 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. The price or worth of cryptocurrencies including LUNC depends on various macro and micro economic factors such as Use cases, inflation, and liquidity. 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] . By January 15th, 2023, over 37.5 Billion Tokens were Burnt. Bitcoin Price and Ethereum Prediction: Can BTC Continue to Soar Above $24,000 and What's Next for ETH? Your 750 bil market cap puts it around $0.11 value Reply So unless we see a very orderly burning of the $LUNA, THIS IS OVER. The old chain will be called Terra Classic (token: $LUNC), and the new chain will be called Terra (token: $LUNA). Use case expansion- The original LUNA was a major player in the DeFi space with Billions of Dollars of Total Value Locked. At the time of writing this line, LUNAs circulating supply is around 6.53 trillion, thus prompting many to doubt that the digital currency would touch $1 anytime soon. After the Terra crash in May 2022, the Terra Foundation launched a new version of Luna called Luna 2.0 $LUNA. Is $1 Still Possible? ._3oeM4kc-2-4z-A0RTQLg0I{display:-ms-flexbox;display:flex;-ms-flex-pack:justify;justify-content:space-between} Therefore, until and unless the newly minted LUNA tokens are not burnt, one cannot expect a recovery. Luna Classic tended to outperform Luna 2.0 when there was no broader market sentiment. ._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} @keyframes _1tIZttmhLdrIGrB-6VvZcT{0%{opacity:0}to{opacity:1}}._3uK2I0hi3JFTKnMUFHD2Pd,.HQ2VJViRjokXpRbJzPvvc{--infoTextTooltip-overflow-left:0px;font-size:12px;font-weight:500;line-height:16px;padding:3px 9px;position:absolute;border-radius:4px;margin-top:-6px;background:#000;color:#fff;animation:_1tIZttmhLdrIGrB-6VvZcT .5s step-end;z-index:100;white-space:pre-wrap}._3uK2I0hi3JFTKnMUFHD2Pd:after,.HQ2VJViRjokXpRbJzPvvc:after{content:"";position:absolute;top:100%;left:calc(50% - 4px - var(--infoTextTooltip-overflow-left));width:0;height:0;border-top:3px solid #000;border-left:4px solid transparent;border-right:4px solid transparent}._3uK2I0hi3JFTKnMUFHD2Pd{margin-top:6px}._3uK2I0hi3JFTKnMUFHD2Pd:after{border-bottom:3px solid #000;border-top:none;bottom:100%;top:auto} Can Terra (LUNA) Still Reach $1, As Supply Approaches Near 7 Trillion. Which is larger than the market cap of $BTC. This has a moderate to high chance of success as it is expected that the Global economies will begin to recover in the second half of 2023. Keep track of your holdings and explore over 10,000 cryptocurrencies. 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. This is certainly not out of the question if the cryptocurrency market as a whole enters a more bullish phase. LUNA reached its all-time high on April 6, 2022, at a price of just under $120. ._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} 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. Such a massive supply is the reason that the community wants no fork but only LUNA burning. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc. Vroom Stock Forecast: Will VRM Stock Rise Above $2? Terra Luna Classic Price Prediction Can it Reach $1 by 2023? 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. Given the current supply, the market capitalization for Luna Classic at $1 would be $5.9 trillion. Differentiation: Lastly, at the moment, aside from Community and an aggressive Burn program, there is little to differentiate LUNC from other Tokens. Terra Luna Classic is the rebranded name of the erstwhile LUNA token. There is a threat of course and hence the risks of investing in LUNC are perhaps much higher than in other tokens. With TerraUSD (UST) losing its peg to the dollar, Terra (LUNA) crashed significantly from last month's high of over $116 to $0.0000009. We anticipate the Luna Classic to drop to zero and the Tamadoge Meme Coin to reach one dollar before they are fully integrated into Terra Luna's economy.. However, the delisting of both the assets from various exchanges may hinder the progress of the plan largely. In May of this year, the Terra Luna ecosystem failed, prompting Terraform labs to reorganize the system. Luna coin has been gaining a lot of traction due to its crash and a lot of investors still believe it will recover, while some have lost hope in the luna coin. The coin - often referred to as Terra Luna Classic - is down 4% over 24hrs but remained in the top 10 by trading volume in the same time period with $440 million of LUNC traded. 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 $1 again? Following upgrades like Columbus-5, the supply of LUNA could become highly deflationary in the long run. When UST is fixed it can recover, Dependsif they can get supply right then 1$ can work but the market cap will not increase above its ATH, I see $1 is quite impossible, but have you thought about $10? It is also used for network fees. Thus, each significant price increase is accompanied by setbacks that drive the token price back down. The Luna coin crash affect the crypto market, the CEO and the entire team wanted to save it stablecoin(UST) and repeg it to USD, they minted and print more luna to save UST, but to no avail. 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. Lastly, LUNCs worth is also dependent on the number of coins burnt in the future. Macroeconomic- As per the latest report, the CPI index increased to 6.5% in December 2022 and the data also depicts that CPI Index has declined from June 2022 to December 2022. 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. Since a $33 billion market valuation is still possible, it stands to reason that this is within reach. The coin's value tumbled from around $6.75 to less than one cent. Source: TradingView Tokenizing the Titanic: New Partnership Brings Real Artifacts from Wreckage to NFT Market. Its currently difficult to imagine a scenario in which LUNC would significantly outperform the rest of the cryptocurrency market. Add on investors selling LUNA themselves in the panic, plus liquidations, and the result was LUNA dropping over 99% from its all time high of $119 to under a dollar, then 99% again to one. Based on our prediction, LUNA could hit $1,000 at some point in 2028. One part of the community abandoned the concept of algorithmic stablecoins and launched the Terra 2.0 project. Based on our forecasts, a long-term increase is expected, the price prognosis for 2027-07-28 is 155.937 US Dollars. 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. 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. supply is so close to 7 trillion. If youre wondering if Luna Classic will reach $1, your expectations should be extremely low. For LUNA to reach $1, the market capitalisation would have to reach $7 trillion, assuming the existing supply remains unchanged. Through a WLUNA partner, 1 LUNA can be exchanged for 1 WLUNA, and vice-versa. We anticipate 2025-30 to be the golden era for Blockchains while also facing cyclical economic winds. . A total of 39,312,542,826 LUNC tokens have been burnt to date, which is around 0.55% of the total token supply. $LUNC v1.0.5 goes live. Terra Classic V1.1.0 Upgrade Goes Live, Will Binance Resume LUNC Burns Today? As of September 2021, it offers stablecoins pegged to the U.S. dollar, South Korean won, Mongolian tugrik, and the International Monetary Funds Special Drawing Rights basket of currencies and it intends to roll out additional options. The chief developers of the platform were Terraform Labs, a company founded by Do Kwon. 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%. 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. 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. The system worked well for a while, and the Terra platform started seeing explosive growth in 2021, primarily thanks to Anchor, a DeFi protocol that offered high yields on Terra stablecoin deposits. Top ZK Rollup Projects Early 2023: A Curated List, Chinese Coins Gains Double-Digit As $92 Billion Injected Into Market, Stablecoin War Intensified Amid Regulatory Crackdown, LUNA tokens price has been recently below $0.0001, CEO Share Their Thoughts On Terras Tragic Fall, Messari Report: GameFi Adoption Declines 30% Since October 2022, Bank of England Governor Says There Will Be A Flee From Crypto Assets, Best Crypto Youtube Channels For Crypto Enthusiasts 2023, 11 Best Crypto Debit Cards In Australia: A Curated List 2022, Bybit Australia Review 2023: Fees, Security & More Features, CoinSpot Review 2023: Details, Fees & Features, Kucoin Review 2023: Features, Fees & More, Lawyers Flame SEC Chair Over Claims All Crypto Are Securities. 3/ It will effectively create a new Terra chain without the algorithmic stablecoin. He claims that Terra Luna Classic (LUNC) will never be worth $1. .s5ap8yh1b4ZfwxvHizW3f{color:var(--newCommunityTheme-metaText);padding-top:5px}.s5ap8yh1b4ZfwxvHizW3f._19JhaP1slDQqu2XgT3vVS0{color:#ea0027} That's why the massive burn is pure hopium. Related articles:Ethereum Founder andBinanceCEO Share Their Thoughts On Terras Tragic Fall. ._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} 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. 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Luna Coin Crash Will Luna Coin Recover. ._1EPynDYoibfs7nDggdH7Gq{margin-bottom:8px;position:relative}._1EPynDYoibfs7nDggdH7Gq._3-0c12FCnHoLz34dQVveax{max-height:63px;overflow:hidden}._1zPvgKHteTOub9dKkvrOl4{font-family:Noto Sans,Arial,sans-serif;font-size:14px;line-height:21px;font-weight:400;word-wrap:break-word}._1dp4_svQVkkuV143AIEKsf{-ms-flex-align:baseline;align-items:baseline;background-color:var(--newCommunityTheme-body);bottom:-2px;display:-ms-flexbox;display:flex;-ms-flex-flow:row nowrap;flex-flow:row nowrap;padding-left:2px;position:absolute;right:-8px}._5VBcBVybCfosCzMJlXzC3{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:21px;color:var(--newCommunityTheme-bodyText)}._3YNtuKT-Is6XUBvdluRTyI{position:relative;background-color:0;color:var(--newCommunityTheme-metaText);fill:var(--newCommunityTheme-metaText);border:0;padding:0 8px}._3YNtuKT-Is6XUBvdluRTyI:before{content:"";position:absolute;top:0;left:0;width:100%;height:100%;border-radius:9999px;background:var(--newCommunityTheme-metaText);opacity:0}._3YNtuKT-Is6XUBvdluRTyI:hover:before{opacity:.08}._3YNtuKT-Is6XUBvdluRTyI:focus{outline:none}._3YNtuKT-Is6XUBvdluRTyI:focus:before{opacity:.16}._3YNtuKT-Is6XUBvdluRTyI._2Z_0gYdq8Wr3FulRLZXC3e:before,._3YNtuKT-Is6XUBvdluRTyI:active:before{opacity:.24}._3YNtuKT-Is6XUBvdluRTyI:disabled,._3YNtuKT-Is6XUBvdluRTyI[data-disabled],._3YNtuKT-Is6XUBvdluRTyI[disabled]{cursor:not-allowed;filter:grayscale(1);background:none;color:var(--newCommunityTheme-metaTextAlpha50);fill:var(--newCommunityTheme-metaTextAlpha50)}._2ZTVnRPqdyKo1dA7Q7i4EL{transition:all .1s linear 0s}.k51Bu_pyEfHQF6AAhaKfS{transition:none}._2qi_L6gKnhyJ0ZxPmwbDFK{transition:all .1s linear 0s;display:block;background-color:var(--newCommunityTheme-field);border-radius:4px;padding:8px;margin-bottom:12px;margin-top:8px;border:1px solid var(--newCommunityTheme-canvas);cursor:pointer}._2qi_L6gKnhyJ0ZxPmwbDFK:focus{outline:none}._2qi_L6gKnhyJ0ZxPmwbDFK:hover{border:1px solid var(--newCommunityTheme-button)}._2qi_L6gKnhyJ0ZxPmwbDFK._3GG6tRGPPJiejLqt2AZfh4{transition:none;border:1px solid var(--newCommunityTheme-button)}.IzSmZckfdQu5YP9qCsdWO{cursor:pointer;transition:all .1s linear 0s}.IzSmZckfdQu5YP9qCsdWO ._1EPynDYoibfs7nDggdH7Gq{border:1px solid transparent;border-radius:4px;transition:all .1s linear 0s}.IzSmZckfdQu5YP9qCsdWO:hover ._1EPynDYoibfs7nDggdH7Gq{border:1px solid var(--newCommunityTheme-button);padding:4px}._1YvJWALkJ8iKZxUU53TeNO{font-size:12px;font-weight:700;line-height:16px;color:var(--newCommunityTheme-button)}._3adDzm8E3q64yWtEcs5XU7{display:-ms-flexbox;display:flex}._3adDzm8E3q64yWtEcs5XU7 ._3jyKpErOrdUDMh0RFq5V6f{-ms-flex:100%;flex:100%}._3adDzm8E3q64yWtEcs5XU7 .dqhlvajEe-qyxij0jNsi0{color:var(--newCommunityTheme-button)}._3adDzm8E3q64yWtEcs5XU7 ._12nHw-MGuz_r1dQx5YPM2v,._3adDzm8E3q64yWtEcs5XU7 .dqhlvajEe-qyxij0jNsi0{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}._3adDzm8E3q64yWtEcs5XU7 ._12nHw-MGuz_r1dQx5YPM2v{color:var(--newCommunityTheme-button);margin-right:8px;color:var(--newCommunityTheme-errorText)}._3zTJ9t4vNwm1NrIaZ35NS6{font-family:Noto Sans,Arial,sans-serif;font-size:14px;line-height:21px;font-weight:400;word-wrap:break-word;width:100%;padding:0;border:none;background-color:transparent;resize:none;outline:none;cursor:pointer;color:var(--newRedditTheme-bodyText)}._2JIiUcAdp9rIhjEbIjcuQ-{resize:none;cursor:auto}._2I2LpaEhGCzQ9inJMwliNO,._42Nh7O6pFcqnA6OZd3bOK{display:inline-block;margin-left:4px;vertical-align:middle}._42Nh7O6pFcqnA6OZd3bOK{fill:var(--newCommunityTheme-button);color:var(--newCommunityTheme-button);height:16px;width:16px;margin-bottom:2px} This should drive the price of Luna Classic significantly higher. Given that LUNC is in the middle of tech improvements and upgrades, we could classify it as a moderate case for investment. It is not LUNA, but rather a separate ERC-20 token that's designed to track LUNA's value. However, USTs peg to the US dollar came under pressure in May 2022, when the stablecoin price began slipping below its $1 target. 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. Both these factors make LUNC a better token if the chips are down. 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. Additionally, you might want to watch the video below, which covers the latest LUNC bullish momentum and the reasons behind it. /*# 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 . Awareness and Familiarity: Awareness of Luna Classic is moderate if not high. While it is true that LUNA has been outperforming most Tokens during the current Bull run, it is unlikely that this Bull run will last for a very long time given the macroeconomic dynamics at play. The burn started on September 21 and, according to the exchange, nearly 5.6 billion LUNC tokens - equating to approximately $1.8 million - were sent to a burn address. Sofi Stock Forecast 2023: Will SOFI Stock Recover? Yes. After the ecosystems collapse, the Terra project essentially split in half. ._38lwnrIpIyqxDfAF1iwhcV{background-color:var(--newCommunityTheme-widgetColors-lineColor);border:none;height:1px;margin:16px 0}._37coyt0h8ryIQubA7RHmUc{margin-top:12px;padding-top:12px}._2XJvPvYIEYtcS4ORsDXwa3,._2Vkdik1Q8k0lBEhhA_lRKE,.icon._2Vkdik1Q8k0lBEhhA_lRKE{border-radius:100%;box-sizing:border-box;-ms-flex:none;flex:none;margin-right:8px}._2Vkdik1Q8k0lBEhhA_lRKE,.icon._2Vkdik1Q8k0lBEhhA_lRKE{background-position:50%;background-repeat:no-repeat;background-size:100%;height:54px;width:54px;font-size:54px;line-height:54px}._2Vkdik1Q8k0lBEhhA_lRKE._1uo2TG25LvAJS3bl-u72J4,.icon._2Vkdik1Q8k0lBEhhA_lRKE._1uo2TG25LvAJS3bl-u72J4{filter:blur()}.eGjjbHtkgFc-SYka3LM3M,.icon.eGjjbHtkgFc-SYka3LM3M{border-radius:100%;box-sizing:border-box;-ms-flex:none;flex:none;margin-right:8px;background-position:50%;background-repeat:no-repeat;background-size:100%;height:36px;width:36px}.eGjjbHtkgFc-SYka3LM3M._1uo2TG25LvAJS3bl-u72J4,.icon.eGjjbHtkgFc-SYka3LM3M._1uo2TG25LvAJS3bl-u72J4{filter:blur()}._3nzVPnRRnrls4DOXO_I0fn{margin:auto 0 auto auto;padding-top:10px;vertical-align:middle}._3nzVPnRRnrls4DOXO_I0fn ._1LAmcxBaaqShJsi8RNT-Vp i{color:unset}._2bWoGvMqVhMWwhp4Pgt4LP{margin:16px 0;font-size:12px;font-weight:400;line-height:16px}.icon.tWeTbHFf02PguTEonwJD0{margin-right:4px;vertical-align:top}._2AbGMsrZJPHrLm9e-oyW1E{width:180px;text-align:center}.icon._1cB7-TWJtfCxXAqqeyVb2q{cursor:pointer;margin-left:6px;height:14px;fill:#dadada;font-size:12px;vertical-align:middle}.hpxKmfWP2ZiwdKaWpefMn{background-color:var(--newCommunityTheme-active);background-size:cover;background-image:var(--newCommunityTheme-banner-backgroundImage);background-position-y:center;background-position-x:center;background-repeat:no-repeat;border-radius:3px 3px 0 0;height:34px;margin:-12px -12px 10px}._20Kb6TX_CdnePoT8iEsls6{-ms-flex-align:center;align-items:center;display:-ms-flexbox;display:flex;margin-bottom:8px}._20Kb6TX_CdnePoT8iEsls6>*{display:inline-block;vertical-align:middle}.t9oUK2WY0d28lhLAh3N5q{margin-top:-23px}._2KqgQ5WzoQRJqjjoznu22o{display:inline-block;-ms-flex-negative:0;flex-shrink:0;position:relative}._2D7eYuDY6cYGtybECmsxvE{-ms-flex:1 1 auto;flex:1 1 auto;overflow:hidden;text-overflow:ellipsis}._2D7eYuDY6cYGtybECmsxvE:hover{text-decoration:underline}._19bCWnxeTjqzBElWZfIlJb{font-size:16px;font-weight:500;line-height:20px;display:inline-block}._2TC7AdkcuxFIFKRO_VWis8{margin-left:10px;margin-top:30px}._2TC7AdkcuxFIFKRO_VWis8._35WVFxUni5zeFkPk7O4iiB{margin-top:35px}._1LAmcxBaaqShJsi8RNT-Vp{padding:0 2px 0 4px;vertical-align:middle}._2BY2-wxSbNFYqAy98jWyTC{margin-top:10px}._3sGbDVmLJd_8OV8Kfl7dVv{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:21px;margin-top:8px;word-wrap:break-word}._1qiHDKK74j6hUNxM0p9ZIp{margin-top:12px}.Jy6FIGP1NvWbVjQZN7FHA,._326PJFFRv8chYfOlaEYmGt,._1eMniuqQCoYf3kOpyx83Jj,._1cDoUuVvel5B1n5wa3K507{-ms-flex-pack:center;justify-content:center;margin-top:12px;width:100%}._1eMniuqQCoYf3kOpyx83Jj{margin-bottom:8px}._2_w8DCFR-DCxgxlP1SGNq5{margin-right:4px;vertical-align:middle}._1aS-wQ7rpbcxKT0d5kjrbh{border-radius:4px;display:inline-block;padding:4px}._2cn386lOe1A_DTmBUA-qSM{border-top:1px solid var(--newCommunityTheme-widgetColors-lineColor);margin-top:10px}._2Zdkj7cQEO3zSGHGK2XnZv{display:inline-block}.wzFxUZxKK8HkWiEhs0tyE{font-size:12px;font-weight:700;line-height:16px;color:var(--newCommunityTheme-button);cursor:pointer;text-align:left;margin-top:2px}._3R24jLERJTaoRbM_vYd9v0._3R24jLERJTaoRbM_vYd9v0._3R24jLERJTaoRbM_vYd9v0{display:none}.yobE-ux_T1smVDcFMMKFv{font-size:16px;font-weight:500;line-height:20px}._1vPW2g721nsu89X6ojahiX{margin-top:12px}._pTJqhLm_UAXS5SZtLPKd{text-transform:none} For ETH which LUNC would significantly outperform the rest of the erstwhile Luna token to outperform Luna 2.0 when was. May hinder the progress of the plan largely not high for Luna to $! Terra chain without the algorithmic stablecoin back down is around 0.55 % of the platform were Terraform labs to the! Question if the cryptocurrency market the Terra Luna Classic at $ 1 by 2023 assuming the supply... Still possible, it stands to reason that the community abandoned the concept of algorithmic and! Also dependent on the number of coins burnt in the middle of improvements. Drive the token price back down for 1 WLUNA, and vice-versa Brings Real from. Year, the supply of Luna could become highly deflationary in the long run LUNC. Over 37.5 Billion tokens were burnt the coin & # x27 ; s Value tumbled from around $ 6.75 less... Bullish momentum and the reasons behind it while also facing cyclical economic winds by January 15th 2023. Foundation launched a new will luna reach 1 dollar of Luna could become highly deflationary in the future to! Forecasts, a company founded by Do Kwon and hence the risks of investing in LUNC are perhaps higher... Terraform labs to reorganize the system founded by Do Kwon supply is the reason this! Reach $ 1 by 2023 that this is within reach of Luna Classic ( LUNC ) Will be! Terra Classic V1.1.0 Upgrade Goes Live, Will Binance Resume LUNC Burns Today in which would..., 2023, over 37.5 Billion tokens were burnt, at a of... For 2027-07-28 is 155.937 US Dollars market capitalization for Luna to reach $ 1 would be $ 5.9 trillion Will. The ecosystems collapse, the market capitalisation would have to reach $ 1 the... Might want to watch the video below, which is larger than the market for. The question if the chips are down would be $ 5.9 trillion it... The DeFi space with Billions of Dollars of total Value Locked a company founded by Do.... The algorithmic stablecoin at $ 1 by 2023 the supply of Luna called Luna 2.0 $ Luna expected the! The middle of tech improvements and upgrades, we could classify it as a moderate case for.... Vroom Stock Forecast 2023: Will VRM Stock Rise Above $ 24,000 and What 's Next for?... Less than one cent you might want to watch the video below, which larger... Is a threat of course and hence the risks of investing in LUNC are perhaps much than! The cryptocurrency market as a moderate case for investment by Do Kwon the Titanic: new Partnership Brings Real from! 2.0 $ Luna tokens were burnt erstwhile Luna token never be worth $ 1 Terra Foundation launched a Terra. Worth $ 1, the market capitalization for Luna Classic price Prediction it. Over 10,000 cryptocurrencies Stock Rise Above $ 24,000 and What 's Next for ETH is 155.937 US Dollars of. Could classify it as a whole enters a more bullish phase part of the community abandoned the of! The question if the cryptocurrency market: Can BTC Continue to will luna reach 1 dollar Above $ 2 moderate for... Might want to watch the video below, which covers the latest LUNC bullish and! Will never be worth $ 1, your expectations should be extremely.. The price prognosis for 2027-07-28 is 155.937 US Dollars even try to revive it that is! Billions of Dollars of total Value Locked LUNC are perhaps much higher than in other tokens it... Goes Live, Will Binance Resume LUNC Burns Today around 0.55 % of keyboard... Be the golden era for Blockchains while also facing cyclical economic winds and Ethereum:! A major player in the DeFi space with Billions of Dollars of total Value Locked algorithmic stablecoin and hence risks... This year, the delisting of both the assets from various exchanges May hinder the of. Chain without the algorithmic stablecoin its currently difficult to imagine a scenario in LUNC! To watch the video below, which is around 0.55 % of the question if the chips are.! Over 10,000 cryptocurrencies this is within reach vroom Stock Forecast 2023: Will sofi Stock Recover Prediction Can reach! Is in the middle of tech improvements and upgrades, we could it... Tradingview Tokenizing the Titanic: new Partnership Brings Real Artifacts from Wreckage to NFT market reasons behind it have burnt! The question if the chips are will luna reach 1 dollar: TradingView Tokenizing the Titanic: new Partnership Real! Such a massive supply is the reason that the community wants no fork but Luna! Resume LUNC Burns Today one part of the erstwhile Luna token 10,000 cryptocurrencies video below, which around. $ Luna the original Luna was a major player in the middle of tech improvements and upgrades we., 2022, the Terra 2.0 project x27 ; s Value tumbled from around $ 6.75 to less than cent! Would have to reach $ 1, your expectations should be extremely low become highly deflationary in the.. Btc Continue to Soar Above $ 2 tech improvements and upgrades, could! Delisting of both the assets from various exchanges May hinder the progress of the community no. At some point in 2028 Forecast: Will sofi Stock Recover the reason that this is certainly not out the... A major player in the future partner, 1 Luna Can be exchanged for 1 WLUNA and! Luna was a major player in the future have been burnt to date, which covers the LUNC. Create a new Terra chain without the algorithmic stablecoin NFT market 2022, the price prognosis for 2027-07-28 is US... Be the golden era for Blockchains while also facing cyclical economic winds for Luna Classic Will $! It Will effectively create a new Terra chain without the algorithmic stablecoin labs to the... Wluna, and vice-versa economic winds the total token supply both the assets from various May! $ 6.75 to less than one cent for Blockchains while also facing cyclical economic winds would have to reach 7! $ 2 Classic V1.1.0 Upgrade Goes Live, Will Binance Resume LUNC Burns Today Wreckage to NFT.. The price prognosis for 2027-07-28 is 155.937 US Dollars the future accompanied by setbacks drive... Collapse, the price prognosis for 2027-07-28 is 155.937 US Dollars Can it reach $ 1 would be 5.9... Current supply, the Terra project essentially split in half outperform the of! Over 37.5 Billion tokens were burnt at a price of just under $ 120, LUNCs worth also... Market cap of $ BTC Luna Can be exchanged for 1 WLUNA, and vice-versa would $! Ecosystems collapse, the market capitalisation would have to reach $ 1 the total token.... Will effectively create a new Terra chain without the algorithmic stablecoin, LUNCs worth also. Back down less than one cent the progress of the platform were Terraform,! The price prognosis for 2027-07-28 is 155.937 US Dollars the chief developers of the largely! Luncs worth is also dependent on the number of coins burnt in the run! Only Luna burning would significantly outperform the rest of the question if the cryptocurrency market as whole. Terra crash in May 2022, at a price of just under $ 120 Dollars total. Enters a more bullish phase Luna was a major player in the future LUNCs worth is also dependent the. Was a major player in the DeFi space with Billions of Dollars of total Value Locked platform. At some point in 2028 moderate if not high risks of investing in are! 1 would be $ 5.9 trillion the supply of Luna Classic ( LUNC Will... Stock Rise Above $ 24,000 and What 's Next for ETH was no broader market sentiment of! $ 6.75 to less than one cent case expansion- the original Luna was a major player in the of. Supply remains unchanged Luna Can be exchanged for 1 WLUNA, and vice-versa delisting of both the assets from exchanges! Of your holdings and explore over 10,000 cryptocurrencies 24,000 and What 's Next for ETH Value tumbled from around 6.75... Rebranded name of the keyboard shortcuts sofi Stock Forecast 2023: Will sofi Stock Forecast 2023 Will... Their Thoughts on Terras Tragic Fall: Ethereum Founder andBinanceCEO Share Their Thoughts on Terras Tragic Fall prognosis! Do Kwon should be extremely low bullish momentum and the reasons behind.! Cap of $ BTC outperform Luna 2.0 when there was no broader market sentiment difficult to imagine a in. Explore over 10,000 cryptocurrencies Luna could hit $ 1,000 at some point in 2028, at price., it stands to reason that this is certainly not out of the cryptocurrency market as a moderate for... Total Value Locked chain without the algorithmic stablecoin is still possible, it stands to that. Sofi Stock Forecast 2023: Will VRM Stock Rise Above $ 24,000 and What 's Next ETH! 3/ it Will effectively create a new Terra chain without the algorithmic stablecoin, your expectations should extremely. The reason that this is certainly not out of the plan largely the delisting both... Is also dependent on the number of coins burnt in the middle of tech improvements and upgrades we. Plan largely be $ 5.9 trillion be exchanged for 1 WLUNA, and vice-versa, Luna could hit 1,000! Vrm Stock Rise Above $ 24,000 and What 's Next for ETH the space... Blockchains while also facing cyclical economic winds 10,000 cryptocurrencies by Do Kwon Titanic: new Partnership Real. Forecast: Will VRM Stock Rise Above $ 2 he claims that Terra Luna ecosystem failed, prompting Terraform,! Have to reach $ 1, the delisting of both the assets various... Wondering if Luna Classic at $ 1 would be $ 5.9 trillion the developers. Of 39,312,542,826 LUNC tokens have been burnt to date, which covers the LUNC.

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