š„ $LUNC ā From Epic Fall to Community Renaissance šŖš
Current price: $0.00006116 (+3.97%)
The $LUNC (Terra Classic) carries one of the most striking stories in the crypto sphere ā a historic collapse followed by one of the largest demonstrations of resilience and unity ever seen in the market.
š„ The Rise and the Collapse
ā¢ Previously called LUNA, it was the heart of the Terra ecosystem and supported the algorithmic stablecoin UST.
ā¢ It was valued at over $40 billion in 2022.
ā¢ In May 2022, UST lost its peg to the dollar and entered a death spiral. Hyperinflation generated trillions of new coins in days, crashing the price from over $80 to fractions of a cent.
š The Renaissance
ā¢ The old LUNA was renamed to LUNC (LUNA Classic).
ā¢ The community refused to abandon the project and took control of the rebuilding.
ā¢ With support from Binance, over 100 billion tokens have already been burned.
š„ Today, LUNC isā¦
ā¢ A symbol of resistance in the crypto market.
ā¢ A project focused on reducing mass supply to restore value.
ā¢ Driven by holders who believe in the future and the power of a united community.
š¢ The story of $LUNC is a warning about risksā¦ but also proof that hope and unity can reignite any flame.
#LUNC #TerraClassic #CriptoBrasil #QueimaLUNC #LUNCCommunity