THE TRUTH ABOUT LUNC 💭 The $119 Myth vs Reality
Many still say: “LUNC once hit $119 — it’ll go there again!” The reality is very different 👇
💡 The Facts:
The $119 peak belonged to the old Terra (LUNA), back when the system was stable and total supply was only ~350 million.
That version of LUNA helped maintain the UST stablecoin peg.
⚠️ What Changed:
When UST lost its peg, trillions of new Luna tokens were minted to save it — supply exploded past 6 trillion 💥
After the crash:
Old LUNA → Terra Classic ($LUNC)
New coin launched → Terra 2.0 (LUNA)
📊 Today’s Reality:
LUNC on Binance is post-crash Terra Classic, not the original LUNA.
Current all-time high (ATH) ≈ $0.00059.
🚀 Can LUNC ever reach $1 or $119?
With trillions in circulation, $1 would require a $5–6 trillion market cap — practically impossible.
Massive burns (99%+) and active community involvement could improve price slightly, but don’t set unrealistic expectations.
💡 Lesson Learned:
Old LUNA ≠ Current LUNC
Low supply drove LUNA up; massive supply dragged LUNC down
Always trust research over hype 🔍
👉🏻 $LUNC
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