🌕 Terra Classic (LUNC): Navigating the Post-Collapse Landscape

Terra Classic (LUNC), formerly known as LUNA, is the original token of the Terra blockchain, which underwent a significant transformation following the collapse of its algorithmic stablecoin, UST, in May 2022. This event led to the creation of a new Terra blockchain, while the original was rebranded as Terra Classic, with LUNA becoming LUNC

🔍 What is Terra Classic (LUNC)?

Terra Classic operates on a Proof-of-Stake (PoS) consensus mechanism, utilizing the Tendermint protocol. It serves as a decentralized platform for payments and decentralized applications (dApps), aiming to provide fast and affordable transactions. Despite the challenges faced during the UST de-pegging event, the Terra Classic community remains active, focusing on network stability and potential use cases.

📊 Market Details (as of May 2, 2025)

  • Current Price: $0.00006221 USD

  • 24h Price Change: +0.03%

  • 24h Trading Volume: Approximately $12 million USD

  • Market Cap: Approximately $345 million USD

  • Circulating Supply: 5.43 trillion LUNC

  • Total Supply: 6.49 trillion LUNC

  • All-Time High: $119.18 USD (April 5, 2022)

  • All-Time Low: $0.00001675 USD (May 13, 2022)

🔮 Future Outlook

The Terra Classic community continues to explore avenues for revitalization, including token burns and governance proposals aimed at reducing supply and increasing utility. While the path to recovery is challenging, the resilience of the community plays a crucial role in shaping the future of LUNC.

$LUNC

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