$LUNC
What is LUNC (Terra Classic)?
Luna Classic (LUNC) is the original native token of the Terra blockchain, launched in August 2018. Following the crash of UST and LUNA in May 2022, the network split. The legacy chain remained, now called Terra Classic, and the original token was rebranded as Luna Classic (LUNC) .
The new Terra chain introduced LUNA 2.0, sometimes called Terra (LUNA), while the original chain continued independently as Terra Classic with its native token LUNC .
Without the stablecoin mechanism (UST), LUNC functions largely as a speculative, community-driven asset—often likened to meme coins—rather than part of a functional stablecoin ecosystem .
The token incorporates a burn mechanism: a small percentage of each transaction is burned, reducing supply over time and aiming to potentially increase scarcity and value .
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Current Price & Market Stats
Price: Approximately $0.000063–0.000064 USD per LUNC, depending on source .
24-Hour Price Movement: Around +3–4% .
Market Cap and Supply: Circulating supply is in the 5.6 trillion range, with a market cap of approximately $350–360 million USD .
Trading Volume & Platforms: High activity on platforms like Binance, which hosts LUNC/USDT trading pairs. Daily volumes are in the $9–11 million USD range .
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Summary Table
Feature Details
Token LUNC (Luna Classic)
Origin Rebranded from original LUNA on Terra Classic chain
Function Speculative asset with built-in burn mechanism
Price Range ~$0.000063–0.000064 USD
Market Cap ~$350–360 million USD
Supply ~5.6 trillion LUNC
Trend Slight upward in past 24h (~3–4%)