Abdulwadud31
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The likelihood of LUNC (Terra Classic) reaching $1 is extremely low. Here's why:
1. **Supply Issues**: LUNC has a massive circulating supply of **over 6.9 trillion coins**. Even with burns, reaching $1 would require an unrealistic market cap (trillions of dollars).
2. **Lost Trust**: The Terra ecosystem collapsed in 2022 (UST depeg), damaging investor confidence.
3. **Competition**: Many stronger blockchain projects exist, making LUNC's recovery difficult.
4. **Limited Utility**: LUNC lacks major adoption or real-world use cases.
$LUNC
1. **Supply Issues**: LUNC has a massive circulating supply of **over 6.9 trillion coins**. Even with burns, reaching $1 would require an unrealistic market cap (trillions of dollars).
2. **Lost Trust**: The Terra ecosystem collapsed in 2022 (UST depeg), damaging investor confidence.
3. **Competition**: Many stronger blockchain projects exist, making LUNC's recovery difficult.
4. **Limited Utility**: LUNC lacks major adoption or real-world use cases.
$LUNC
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