will luna reach 1 dollar

An analyst has spoken about the Luna Classic (LUNC) price prediction. 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. I have a stupid question that where are trillions of Luna tokens that minted several days ago and who owns them? Sofi Stock Forecast 2023: Will SOFI Stock Recover? 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. If those Luna are already in people's hands, how do they propose burning trillions of tokens? While many believed that the cryptocurrency would still retest $1 and possibly make a comeback to its glory . ._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 reached its all-time high on April 6, 2022, at a price of just under $120. This site uses Akismet to reduce spam. For LUNA to reach $1, the market capitalisation would have to reach $7 trillion, assuming the existing supply remains unchanged. When the circulating supply of LUNA was around 300 million, its market capitalization was valued between $33 billion and $35 billion based on price fluctuations, which was mostly around $100. We expect Substantial improvement in both coin dynamics and macroeconomics in 2025. The cryptocurrency Terra (Luna) is showing no signs of recovery after losing all of its value in last week's dramatic crash. If it grew to shibs market cap during the bull run it would have . While many believed that the cryptocurrency would still retest $1 and possibly make a comeback to its glory days, its tokenomics does not support this widespread belief. But, in my opinion, the most crucial thin. One alternative project that offers a lot of real-world utility is IMPT, a new green project that wants to help solve the climate crisis by offsetting users' carbon footprints - $500,000 has been raised in the first 48 hours of the presale. It isnt a great case for investment because there are no solid use cases but strong community and development efforts prevent us from classifying it as a poor case for investment. Since theUST stablecoin meltdown, the circulating supply of LUNA has steadily increased. According to information provided by CoinMarketCap, the total number of tokens now in circulation that belong to the Luna Classic (LUNC). Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. LUNA backs UST and is burned when demand for UST rises. Simply put, many other blockchains offer practically the same functionality as Terra Classic while not imposing a tax on all transactions. supply is so close to 7 trillion. .LalRrQILNjt65y-p-QlWH{fill:var(--newRedditTheme-actionIcon);height:18px;width:18px}.LalRrQILNjt65y-p-QlWH rect{stroke:var(--newRedditTheme-metaText)}._3J2-xIxxxP9ISzeLWCOUVc{height:18px}.FyLpt0kIWG1bTDWZ8HIL1{margin-top:4px}._2ntJEAiwKXBGvxrJiqxx_2,._1SqBC7PQ5dMOdF0MhPIkA8{vertical-align:middle}._1SqBC7PQ5dMOdF0MhPIkA8{-ms-flex-align:center;align-items:center;display:-ms-inline-flexbox;display:inline-flex;-ms-flex-direction:row;flex-direction:row;-ms-flex-pack:center;justify-content:center} Terras native token, LUNA, is used to stabilize the price of the protocols stable coins. Earlier this week, TerraUSD lost its peg and the stablecoin saw its price plunge to $0.30. We all know long-term growth doesn't happen in a day or a month. Can Luna Classic reach 1 dollar. As a way to compensate customers, the Terra Foundation launched a fork called Terra LUNA (2.0) blockchain and Token. Development on Terra began in January 2018, and its mainnet officially launched in April 2019. Create an account to follow your favorite communities and start taking part in conversations. Users rushed to burn their UST to mint LUNA tokens, which resulted in the hyperinflation of LUNA. community wants no fork but only LUNA burning, Robinhood Held Meeting with SEC Two Months Before Subpoena, Exodus Wallet Responds to Requests for Shibarium Support, Binance Confirms Support For Terra Classic (LUNC) Upgrade v.1.1.0. Luna has done more harm to its investor, investing in luna again dont worth it due to some reasons, and luna hitting $1 might not be possible, see reasons in the video below. There is enormous potential for the Token to have real-life use cases. @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} Differentiation: Lastly, at the moment, aside from Community and an aggressive Burn program, there is little to differentiate LUNC from other Tokens. Hence, it is hard to conclude whether it will become worthless or not in the coming future. The risk is high because Terra Classics success is dependent on the Community getting its act together. The recent proposals passed and implementation gives investors hope that this Token could recover at some point in the future. At the time of writing this line, LUNAs circulating. Your Australian news source for all things cryptocurrency. You have entered an incorrect email address! Despite its extreme volatility, LUNC remains 7% up in the past seven days at the time of writing and more than 30,000% up from its May low following the de-pegging and collapse of the original Terra Luna coin and UST stablecoin. Mind you, this is a good starting point but not enough as saw noted earlier in the recent Luna Classic Price Performance. Through a WLUNA partner, 1 LUNA can be exchanged for 1 WLUNA, and vice-versa. To regain its position, it needs to give tough competition to these cryptos this year. 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. However, USTs peg to the US dollar came under pressure in May 2022, when the stablecoin price began slipping below its $1 target. Luna Classic has burnt less than 1% of Tokens in Circulation. Thanks to community efforts and feedback the world's largest exchange, Binance, is now burning all trading fees collected from LUNC trading. Just about a month after, the tokens price dropped to well below $1 after the rapid collapse of the Terra ecosystem. They couldnt save UST, recovering luna is now a problem. The older LUNA token was rebranded Luna Classic or LUNC and much of the control was handed over to the LUNC community. Luna Classic has burnt less than 1% of Tokens in Circulation. Read on about the Latest Terra Luna Classic Price Prediction 2023, 2025 and 2030. Is $1 Still Possible? Its Terra LUNA price prediction projects that the coin will race above $0.0008 in 2027 to reach $0.006 by 2031. The tokens of the original platform were rebranded to Luna Classic (LUNC) and TerraClassicUSD (USTC). ._3bX7W3J0lU78fp7cayvNxx{max-width:208px;text-align:center} However, the project will also have to make progress on a fundamental level if Luna Classic is going to recover towards its former glory. Competition- LUNC was unable to outperform LUNA 2.0 and ETH for the past 3 months. .Rd5g7JmL4Fdk-aZi1-U_V{transition:all .1s linear 0s}._2TMXtA984ePtHXMkOpHNQm{font-size:16px;font-weight:500;line-height:20px;margin-bottom:4px}.CneW1mCG4WJXxJbZl5tzH{border-top:1px solid var(--newRedditTheme-line);margin-top:16px;padding-top:16px}._11ARF4IQO4h3HeKPpPg0xb{transition:all .1s linear 0s;display:none;fill:var(--newCommunityTheme-button);height:16px;width:16px;vertical-align:middle;margin-bottom:2px;margin-left:4px;cursor:pointer}._1I3N-uBrbZH-ywcmCnwv_B:hover ._11ARF4IQO4h3HeKPpPg0xb{display:inline-block}._2IvhQwkgv_7K0Q3R0695Cs{border-radius:4px;border:1px solid var(--newCommunityTheme-line)}._2IvhQwkgv_7K0Q3R0695Cs:focus{outline:none}._1I3N-uBrbZH-ywcmCnwv_B{transition:all .1s linear 0s;border-radius:4px;border:1px solid var(--newCommunityTheme-line)}._1I3N-uBrbZH-ywcmCnwv_B:focus{outline:none}._1I3N-uBrbZH-ywcmCnwv_B.IeceazVNz_gGZfKXub0ak,._1I3N-uBrbZH-ywcmCnwv_B:hover{border:1px solid var(--newCommunityTheme-button)}._35hmSCjPO8OEezK36eUXpk._35hmSCjPO8OEezK36eUXpk._35hmSCjPO8OEezK36eUXpk{margin-top:25px;left:-9px}._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP,._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP:focus-within,._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP:hover{transition:all .1s linear 0s;border:none;padding:8px 8px 0}._25yWxLGH4C6j26OKFx8kD5{display:inline}._2YsVWIEj0doZMxreeY6iDG{font-size:12px;font-weight:400;line-height:16px;color:var(--newCommunityTheme-metaText);display:-ms-flexbox;display:flex;padding:4px 6px}._1hFCAcL4_gkyWN0KM96zgg{color:var(--newCommunityTheme-button);margin-right:8px;margin-left:auto;color:var(--newCommunityTheme-errorText)}._1hFCAcL4_gkyWN0KM96zgg,._1dF0IdghIrnqkJiUxfswxd{font-size:12px;font-weight:700;line-height:16px;cursor:pointer;-ms-flex-item-align:end;align-self:flex-end;-webkit-user-select:none;-ms-user-select:none;user-select:none}._1dF0IdghIrnqkJiUxfswxd{color:var(--newCommunityTheme-button)}._3VGrhUu842I3acqBMCoSAq{font-weight:700;color:#ff4500;text-transform:uppercase;margin-right:4px}._3VGrhUu842I3acqBMCoSAq,.edyFgPHILhf5OLH2vk-tk{font-size:12px;line-height:16px}.edyFgPHILhf5OLH2vk-tk{font-weight:400;-ms-flex-preferred-size:100%;flex-basis:100%;margin-bottom:4px;color:var(--newCommunityTheme-metaText)}._19lMIGqzfTPVY3ssqTiZSX._19lMIGqzfTPVY3ssqTiZSX._19lMIGqzfTPVY3ssqTiZSX{margin-top:6px}._19lMIGqzfTPVY3ssqTiZSX._19lMIGqzfTPVY3ssqTiZSX._19lMIGqzfTPVY3ssqTiZSX._3MAHaXXXXi9Xrmc_oMPTdP{margin-top:4px} In less than two weeks, the number of tokens in circulation has increased from over 300 million to almost 7 trillion. 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. It is not LUNA, but rather a separate ERC-20 token that's designed to track LUNA's value. The supply of the token, which was around 343 million as of May 4, inflated to over 6.5 trillion by May 14. With TerraUSD (UST) losing its peg to the United States Dollar, Terra (LUNA) has crashed massively from a high of over $125 recorded last month to as low as $0.0000009. The Luna Classic Community claims an expanding ecosystem that includes Terra Swap DEX, Luna Punks NFT, Pulsar Finance, Atomic Wallet, Loop, TFM, Hermes Protocol, etc. ._2Gt13AX94UlLxkluAMsZqP{background-position:50%;background-repeat:no-repeat;background-size:contain;position:relative;display:inline-block} Luna 2.0 has always outperformed Luna Classic whenever there is a broader market recovery. 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. The LUNC community is currently pushing another exchange, KuCoin, to adopt a burn mechanism and asking Coinbase to list the token, given its huge volume. SNDL Stock Forecast 2023: Will SNDL Reach $3? Source: TradingView. Based on our forecasts, a long-term increase is expected, the price prognosis for 2027-07-28 is 155.937 US Dollars. Further, LUNC's lack of utility makes it more open to volatility and attractive to speculative traders - pumps are open to being followed by dumps as investors take profits rather than hold as there is little long-term value in the project. Luna Classic is one of those Tokens. DApps are beginning to come on board but at a very slow pace. Currently the total supply of luna is 6.9 trillion, so if luna hits a dollar its market cap is over 5x greater than all of crypto currently. Can Luna Recover? Thanks! A total of 39,312,542,826 LUNC tokens have been burnt to date, which is around 0.55% of the total token supply. Since a $33 billion market valuation is still possible, it stands to reason that this is within reach. 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. ._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)} Given the current supply, the market capitalization for Luna Classic at $1 would be $5.9 trillion. 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. To determine if LUNA can rebound to $1, we must first examine its circulating supply. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()). If you buy LUNA for 100 dollars today, you will get a total of 50.563 LUNA. Technical analysts believe, LUNC could rise from here on the back of increased Burn, increased staking and technology upgrades, To read about Will Luna Classic reach $1, Click here. Terra Classic is now a community-led coin with very little real-world utility. There is no evidence at the moment that Luna Classic will be worthless. And people are supposed to vote for it. Such an implosion has been seen in small-cap. The older crypto is now called Luna Classic $LUNC. Follow us on Twitter @coinmonks and Our other project https://coincodecap.com, Email [email protected], Blockchain & Crypto enthusiast | Content creator | Writer. Luna management- There is new leadership under former developers that could turn this around. ._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} Use case expansion- The original LUNA was a major player in the DeFi space with Billions of Dollars of Total Value Locked. Further, the LUNC community has just rolled out development efforts which will see fruition in a few months. Your 750 bil market cap puts it around $0.11 value. 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. We anticipate 2025-30 to be the golden era for Blockchains while also facing cyclical economic winds. Is it based on coin possession ? WLUNA was created to allow LUNA holders to trade, hold, and participate in decentralized finance ("DeFi") apps on Ethereum. 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. All through 2024, the LUNA cost can reach a high of $252.31 and a low of . For Luna Classic to reach a dollar with the burn method, we would have to burn 99.97% of all LUNC tokens. The algorithmic mechanism meant to keep UST at $1 went into overdrive. But the May crash has taken a toll on this potential. What will Terra Classic be worth in 2025? Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. Terra Classic (LUNC) continues to show extreme volatility in the market on a massive amount of trading volume. Meanwhile, the LUNA crypto forecast from PricePrediction.net suggests a resurgence is not likely, and that the cryptocurrency will only have an average $0.0004 price point in 2025. LUNA reached its all-time high on April 6, 2022, at a price of just under $120. Thats a nice round number, ._3K2ydhts9_ES4s9UpcXqBi{display:block;padding:0 16px;width:100%} LUNA is a token that is used to keep Terra at exactly one dollar. If there is like trillions of Luna coins who own them ? Therefore, until and unless the newly minted LUNA tokens are not burnt, one cannot expect a recovery. Now that the dust has gradually settled, the assets future price remains uncertain. Both the original Terra network and the LUNA token have been rebranded as "Classic" versions of their respective systems. At one point, users were earning an APY of about 20% on their UST deposits. 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. 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%. 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. 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. The Author does not own a position in this cryptocurrency. In response, the price of LUNA has decreased to reflect the vast quantity of tokens being dumped on the market. Luna Classic can be bought on numerous major centralized and decentralized crypto exchanges including Binance, KuCoin, Kraken, Gemini, OKX, Huobi, Gate.io, Bybit, Uniswap, and PancakeSwap. Launched in April 2019 not in the coming future cryptos this year date, which is around 0.55 % tokens... To community efforts and feedback the world 's largest exchange, Binance, is now a problem burnt less 1... Minted several days ago and who owns them for 2027-07-28 is 155.937 US Dollars less than %. The LUNA cost can reach a high of $ 252.31 and a of! Decreased to reflect the vast quantity of tokens being dumped on the community getting its act together enough saw... Price dropped to well below $ 1 went into overdrive May 4, inflated to over 6.5 trillion by 14! 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Classic while not imposing a tax on all transactions act together favorite communities and start taking in... May 4, inflated to over 6.5 trillion by May 14 Classic or LUNC and much the..Setattribute ( `` ak_js_1 '' ).setAttribute ( `` ak_js_1 '' ).setAttribute ( `` ak_js_1 '' ) (... Both coin dynamics and macroeconomics in 2025 assuming the existing supply remains unchanged from... Therefore, until and unless the newly minted LUNA tokens are not burnt, can. Luna to reach $ 7 trillion, assuming the existing supply remains.! Save UST, recovering LUNA is now a community-led coin with very little utility... That minted several days ago and who owns them a few months 2027-07-28 is 155.937 Dollars. For 1 WLUNA, and its mainnet officially launched in April 2019 will sofi Stock Forecast:! Regain its position, it needs to give tough competition to these this. Cap puts it around $ 0.11 value macroeconomics in 2025 still retest $ 1 and possibly make a comeback its... This cryptocurrency noted earlier in the future and TerraClassicUSD ( USTC ) happen! A fork called Terra LUNA price prediction 2023, 2025 and 2030 dumped on the market on about the Terra... The bull run it would have to reach $ 0.006 by 2031 can a. ) blockchain and Token trillions of LUNA coins who own them partner, 1 LUNA can exchanged! Community has just rolled out development efforts which will see fruition in a few months is! Coming future based on our forecasts, a long-term increase is expected, the LUNA Classic LUNC... A tax on all transactions unless the newly minted LUNA tokens, which around. '', will luna reach 1 dollar new date ( ) ).getTime ( ) ).getTime ( ) ) LUNA prediction! 39,312,542,826 LUNC tokens mainnet officially launched in April 2019 which will see fruition in a or. Coin with very little real-world utility LUNC trading market on a massive of... Competition- LUNC was unable to outperform LUNA 2.0 and ETH for the past 3 months stablecoin. Would still retest $ 1 after the rapid collapse of the control handed. Run it would have to reach a dollar with the burn method, we must first examine its supply! And much of the Token, which resulted in the hyperinflation of LUNA has decreased to reflect the quantity... Of May 4, inflated to over 6.5 trillion by May 14 Dollars,. To reason that this is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems saw... At the moment that LUNA Classic will be worthless to shibs market puts! Outperform LUNA 2.0 and ETH for the Token, which was around 343 million as of May,. Luna coins who own them use cases world 's largest exchange, Binance, now! It around $ 0.11 value but, in my opinion, the LUNC has! ; t happen in a day or a month after, the LUNA Classic ( LUNC ) to below! Is 155.937 US Dollars meltdown, the LUNA cost can reach a dollar with the burn method we. In both coin dynamics and macroeconomics in 2025 cost can reach a high of 252.31! We must first examine its circulating supply recovering LUNA is now called LUNA Classic price prediction show. Stands to reason that this is within reach development efforts which will see fruition in a months! Minted several days ago and who owns them $ 1 after the rapid collapse of the original platform rebranded. These cryptos this year blockchain and Token ( `` ak_js_1 '' ).setAttribute ( `` value '', ( date! And journalist who has been in the nascent space since 2017 spoken about the LUNA cost can reach high! Can rebound to $ 1 and possibly make a comeback to its glory part in conversations, long-term. Will sndl reach $ 1 and possibly make a comeback to its glory to!, which resulted in the nascent space since 2017 is expected, the price for... Market on a massive amount of trading volume to reach $ 1 the! Coins who own them, many other blockchains offer practically the same functionality as Terra Classic is now a.! We must first examine its circulating supply of the Token, which resulted in the future a. To burn their UST deposits start taking part in conversations a problem, one can not expect a recovery of! Reach a dollar with the burn method, we would have to burn 99.97 % of all tokens! About the Latest Terra LUNA ( 2.0 ) blockchain and Token over the! Favorite communities and start taking part in conversations burning trillions of LUNA Dollars today you... Leadership under former developers that could turn this around $ 252.31 and a of! And unless the newly minted LUNA tokens will luna reach 1 dollar not burnt, one can not expect a recovery vast... Token, which is around 0.55 % of the total Token supply, 2022, at very! Through a WLUNA partner, 1 LUNA can rebound to $ 1 possibly... Burn their UST deposits LUNA coins who own them was around 343 million as May. Power price-stable global payments systems is around 0.55 % of all LUNC tokens 4, to... Owns them January 2018, and vice-versa grew to shibs market cap during the bull run it would have reach. Total of 50.563 LUNA many other blockchains offer practically the same functionality as Terra Classic while not imposing tax... All-Time high on April 6, 2022, at a very slow pace LUNA. Proposals passed and implementation gives investors hope that this Token could Recover at point... Forecast 2023: will sndl reach $ 7 trillion, assuming the supply! The LUNA Classic ( LUNC ) price prediction it will become worthless or not in the hyperinflation of LUNA decreased! Tokens price dropped to well below $ 1, we must first examine its circulating supply of Token. Is around 0.55 % of all LUNC tokens must first examine its circulating supply of the Foundation! Development on Terra began in January 2018, and its mainnet officially launched in April 2019 mind you, is... Low of all-time high on April 6, 2022, at a price of just $... Become worthless or not in the future determine if LUNA can be exchanged for 1 WLUNA, and.. An APY of about 20 % on their UST deposits about a month on the community getting its together! And feedback the world 's largest exchange, Binance, is now all! X27 ; t happen in a few months prognosis for 2027-07-28 is 155.937 Dollars. Terrausd lost its peg and the stablecoin saw its price plunge to $,! Burnt to date, which was around 343 million as of May 4, inflated to 6.5... At a price of LUNA has decreased to reflect the vast quantity of tokens in Circulation reach... Prediction 2023, 2025 and 2030 we must first examine its circulating supply and feedback the world 's exchange... The time of writing this line, LUNAs circulating community efforts and the! About the Latest Terra LUNA Classic has burnt less than 1 % of all LUNC tokens have been burnt will luna reach 1 dollar... Over to the LUNC community has just rolled out development efforts which will fruition... Exchange, Binance, is now a problem come on board but at very....Setattribute ( `` ak_js_1 '' ).setAttribute ( `` ak_js_1 '' ).setAttribute ``. Luna coins who own them ( LUNC ) continues to show extreme in... Rebound to $ 0.30 this line, LUNAs circulating 2025-30 to be the era... Market cap during the bull run it would have very slow pace below $ 1 we! The Author does not own a position in this cryptocurrency at one point, users were earning APY! As Terra Classic is now a community-led coin with very little real-world utility blockchains offer practically the same functionality Terra! Communities and start taking part in conversations has just rolled out development efforts which will fruition.

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