$LUNC Will it ever reach that price again?

It’s highly unlikely, and here’s why:

1. Massive trust loss: After the Terra ecosystem collapsed in May 2022 (due to the UST stablecoin depegging), investor confidence plummeted.

2. A new token was created: The original LUNA was renamed to LUNA Classic (LUNC), and a new LUNA token (LUNA 2.0) was launched. LUNC’s value has remained extremely low.

3. No strong recovery signs: Despite some community activity, neither LUNC nor LUNA has shown the momentum needed to return to previous highs