That's a solid question. Terra Classic, or $LUNC, has become one of the most talked-about "zombie tokens" in the crypto world. Here’s a straightforward look at what happened, without the hype:
In 2022, the original Terra network fell apart after the failure of its algorithmic stablecoin, UST. The crash was massive, wiping out billions of dollars and shaking up the entire crypto space.
After the collapse, the community split. A new chain was launched called LUNA2, while the original network was renamed Terra Classic, or $LUNC. That left $LUNC behind as something of a relic from before the crash.
It’s still hanging on, but opinions about its future are all over the place.