$lunc

Has Any Coin Faced What LUNC Has?

Yes — but none on the scale of Terra Classic (LUNC).

In May 2022, LUNC (formerly LUNA) went through the largest hyperinflation event in crypto history:

• Trillions of tokens were minted in days.

• The price crashed from $80 to fractions of a cent in 48 hours.

• Cause: the failure of the algorithmic peg between UST and LUNA.

💥 Similar cases:

• Titan (Iron Finance): Massive minting after a peg failure.

• Bitconnect: Collapsed Ponzi scheme that wiped out BCC.

• SQUID Token: Straight-up rug pull and exit scam.

✅ The difference?

LUNC didn’t die — the community fought back. Today, we see:

• Real building with Juris, Selenium, Terraport, and others.

• Billions of tokens being burned regularly.

• Continuous support from Binance, including burn mechanisms via trading fees.

• Serious efforts to repeg USTC and revive the network.

📌 LUNC isn’t just a collapsed coin — it’s a historic comeback attempt, backed by the world’s biggest exchange: Binance.