Will Luna Classic (LUNC) return to being worth more than $1? The truth that few want to say...
In the crypto ecosystem, there are stories of glory… and also of warning. One of the most remembered is Luna/Terra, a project that at its time promised to revolutionize the algorithmic payment system, but ended up being one of the largest collapses in the history of the sector.
After the staggering fall in 2022, two tokens emerged:
Terra (LUNA): The new project
Terra Classic (LUNC): The remnant of the original ecosystem.
And although many continue to buy LUNC in the hope that “one day it will be worth $1 again”… we must be realistic:
I will give you a few reasons
Uncontrolled Circulating Supply
Currently, there are more than 5.8 trillion tokens in circulation. For LUNC to reach $1, it would need to have a market capitalization of more than 5.8 trillion dollars... more than Bitcoin at its launch.
Institutional and Community Distrust
The collapse destroyed not only the price but also the credibility of the ecosystem. Major institutions abandoned the project, and there is no solid recovery plan.
Absence of Real Massive Burning
Although there is talk of “burning tokens,” the figures are minimal compared to the total in circulation. The burn would need to be 99% or more to even approach one dollar.
🚀New and Relevant Projects Surpass It
While LUNC tries to survive, the market advances with stronger proposals like SUI, HYPE, ZKSync, among many others. Smart money has already left.
💢Many influencers and content creators promote FOMO, selling the idea that it is “only a matter of time” before LUNC rises. But the math and market logic say otherwise.
🌘LUNC may have speculative spikes due to hype or token burning, but returning to $1 is not a realistic scenario under current conditions.
📝Educate, don’t speculate, should be the motto in this new era of crypto.
Whoever invests with blind faith risks repeating stories from the past.