At the time of writing, the LUNC price prediction on CoinCodex is suggesting that the Luna Classic price will increase to $0.000833 one year from now (February 2024). so it has more potential to reach 1$ than Shiba . ._1LHxa-yaHJwrPK8kuyv_Y4{width:100%}._1LHxa-yaHJwrPK8kuyv_Y4:hover ._31L3r0EWsU0weoMZvEJcUA{display:none}._1LHxa-yaHJwrPK8kuyv_Y4 ._31L3r0EWsU0weoMZvEJcUA,._1LHxa-yaHJwrPK8kuyv_Y4:hover ._11Zy7Yp4S1ZArNqhUQ0jZW{display:block}._1LHxa-yaHJwrPK8kuyv_Y4 ._11Zy7Yp4S1ZArNqhUQ0jZW{display:none} With the current supply, its virtually impossible for it to happen, and it will take a very long time before the LUNC burn tax has a noticeable effect on the supply of LUNC. Terras stablecoins did not follow the classic reserve-based model, in which an equivalent amount of fiat currency or similar assets (such as treasuries) is held to back every token in circulation. Your 750 bil market cap puts it around $0.11 value Reply Trillions of new coins were created when the protocol . The algorithmic mechanism meant to keep UST at $1 went into overdrive. Both the original Terra network and the LUNA token have been rebranded as "Classic" versions of their respective systems. However, the delisting of both the assets from various exchanges may hinder the progress of the plan largely. When UST is fixed it can recover, Dependsif they can get supply right then 1$ can work but the market cap will not increase above its ATH, I see $1 is quite impossible, but have you thought about $10? This is primarily due to individuals redeeming their staked UST for the digital asset, making its supply rise dramatically in a short period. While Terra is down, its certainly not outwhether Luna Classic can recover will depend on the success of the burn program, support from the community, and the pace of protocol development. The coin's value tumbled from around $6.75 to less than one cent. DraftKings Stock Forecast 2023: Will DKNG Rise Above $30? Terra Classic (LUNC) continues to show extreme volatility in the market on a massive amount of trading volume. Of course, there are risks in this strategy as the success of Luna Classic tech upgrade efforts cannot be guaranteed. The legacy chain is still going on under the name Terra Classic, and the name of its token has been changed to LUNC. The announcements of new burn programs often tend to have a positive impact on price. Keep track of your holdings and explore over 10,000 cryptocurrencies. Will Luna Reach 1 Dollar Again? As a result, the community approved a proposal to slash the tax down to 0.2%. Trillions of new coins were created when the protocol spiraled out of control and the current supply of LUNC stands at more than 6 trillion (6,000,000,000,000) - a mind-boggling number that currently makes it near-impossible for LUNC to ever reach $1 in its current state. ._2ik4YxCeEmPotQkDrf9tT5{width:100%}._1DR1r7cWVoK2RVj_pKKyPF,._2ik4YxCeEmPotQkDrf9tT5{display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center}._1DR1r7cWVoK2RVj_pKKyPF{-ms-flex-pack:center;justify-content:center;max-width:100%}._1CVe5UNoFFPNZQdcj1E7qb{-ms-flex-negative:0;flex-shrink:0;margin-right:4px}._2UOVKq8AASb4UjcU1wrCil{height:28px;width:28px;margin-top:6px}.FB0XngPKpgt3Ui354TbYQ{display:-ms-flexbox;display:flex;-ms-flex-align:start;align-items:flex-start;-ms-flex-direction:column;flex-direction:column;margin-left:8px;min-width:0}._3tIyrJzJQoNhuwDSYG5PGy{display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center;width:100%}.TIveY2GD5UQpMI7hBO69I{font-size:12px;font-weight:500;line-height:16px;color:var(--newRedditTheme-titleText);white-space:nowrap;overflow:hidden;text-overflow:ellipsis}.e9ybGKB-qvCqbOOAHfFpF{display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center;width:100%;max-width:100%;margin-top:2px}.y3jF8D--GYQUXbjpSOL5.y3jF8D--GYQUXbjpSOL5{font-weight:400;box-sizing:border-box}._28u73JpPTG4y_Vu5Qute7n{margin-left:4px} If the bull run lasts long, it may also spark higher inflation again fairly quickly (Indirectly). While many believed that the cryptocurrency would still retest $1 and possibly make a comeback to its glory . Staking has been live for a number of weeks with millions of coins taken off exchanges by the community. What Luna will he burn. Luna Classic Price Prediction 2023 is $0.000222, Luna Classic Price Prediction 2025 is $0.000483, Luna Classic Price Prediction 2030 is $0.00307, Top 5 Most Read Articles on CrowdwisdomLive. Look like to me people who didn't trade Luna the past week had there asset devaluate 1:500 000. The other part of the community decided to stay on the original platform, keeping the algorithmic stablecoins. LUNA has to trade at $0.005 per token to reach market capitalisation before the crash. More investors continue to dump LUNA into the market as TerraForm Labs announces plans to make LUNA investors whole. Both the tokens have complementary strengths that could benefit everybody. To regain its position, it needs to give tough competition to these cryptos this year. He claims that Terra Luna Classic (LUNC) will never be worth $1. this article details such information, kindly read along carefully. The system worked well for a while, and the Terra platform started seeing explosive growth in 2021, primarily thanks to Anchor, a DeFi protocol that offered high yields on Terra stablecoin deposits. Tokenizing the Titanic: New Partnership Brings Real Artifacts from Wreckage to NFT Market. That's around 5.9 trillion coins, leaving about 170 billion left over. Do Burn programs have an impact on price? , the circulating supply of LUNA has steadily increased. As RBF stated in their report, the mechanism works both ways and could boost LUNA's price further as Terra takes over a bigger stablecoin market share. Nonetheless, it is essential to consider investor sentiment. The LUNA price has now lost the lowermost support at $0.29 and continues to plunge below $0.25. LUNA is trending low at $0.00018. $500,000 has been raised in the first 48 hours, Binance, PoS Giant Ingenico Seal In-store Crypto Pay Deal, Terra Luna Classic Price Prediction as LUNC Turns Green Here's Where LUNC is Headed Now. A quick 3min read about today's crypto news! Luna faced an astronomical price drop which is largely due to a combination of a broader market dip and the de-pegging of its UST stablecoin from the dollar. .ehsOqYO6dxn_Pf9Dzwu37{margin-top:0;overflow:visible}._2pFdCpgBihIaYh9DSMWBIu{height:24px}._2pFdCpgBihIaYh9DSMWBIu.uMPgOFYlCc5uvpa2Lbteu{border-radius:2px}._2pFdCpgBihIaYh9DSMWBIu.uMPgOFYlCc5uvpa2Lbteu:focus,._2pFdCpgBihIaYh9DSMWBIu.uMPgOFYlCc5uvpa2Lbteu:hover{background-color:var(--newRedditTheme-navIconFaded10);outline:none}._38GxRFSqSC-Z2VLi5Xzkjy{color:var(--newCommunityTheme-actionIcon)}._2DO72U0b_6CUw3msKGrnnT{border-top:none;color:var(--newCommunityTheme-metaText);cursor:pointer;padding:8px 16px 8px 8px;text-transform:none}._2DO72U0b_6CUw3msKGrnnT:hover{background-color:#0079d3;border:none;color:var(--newCommunityTheme-body);fill:var(--newCommunityTheme-body)} Luna coin has been gaining a lot of traction due to its crash and a lot of investors still believe it will recover, while some have lost hope in the luna coin. The current LUNC ecosystem is thin or non-existent. The bottom line: So, will Luna Classic Reach $1? The Securities and Exchange Commission (SEC) maintains its regulatory stance on cryptocurrency. Join Coinmonks Telegram Channel and Youtube Channel learn about crypto trading and investing, Coinmonks (http://coinmonks.io/) is a non-profit Crypto Educational Publication. If true, that burn would drastically slash the supply of LUNC and drive up its price. Following the crash of UST, LUNAs circulating supply has been on a rapid increase since the ugly incident occurred this month. Home Will LUNA Recover? Is $1 a pipe dream for $LUNA and $UST?. Investors are now unsure if its price can ever recover. Thanks! Its currently difficult to imagine a scenario in which LUNC would significantly outperform the rest of the cryptocurrency market. .s5ap8yh1b4ZfwxvHizW3f{color:var(--newCommunityTheme-metaText);padding-top:5px}.s5ap8yh1b4ZfwxvHizW3f._19JhaP1slDQqu2XgT3vVS0{color:#ea0027} The LUNC community executed LUNC Burn quite efficiently and is currently in the process of upgrading the tech infrastructure. Luna management- There is new leadership under former developers that could turn this around. Instead, Terra relied on an algorithmic design that involved the platforms native token, LUNA. The platform had a built-in arbitrage mechanism that could be used to burn stablecoins to mint LUNA, or vice versa. Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. There is increasing chatter about more collaboration between Terra Luna and Luna 2.0. The new . Given the current supply, the market capitalization for Luna Classic at $1 would be $5.9 trillion. Seeing a proposal to refund the bottom 99.6% at 10 million dollars. . supply is so close to 7 trillion. Sofi Stock Forecast 2023: Will SOFI Stock Recover? Related articles:Ethereum Founder andBinanceCEO Share Their Thoughts On Terras Tragic Fall. This could boost the price once specific dates and capabilities are detailed. Email addresses? .FIYolDqalszTnjjNfThfT{max-width:256px;white-space:normal;text-align:center} They are all floating out in the shit coin verse, Luna getting to 0.01 Dollar is quite impossible. Macroeconomic- As per the latest report, the CPI index increased to 6.5% in December 2022 and the data also depicts that CPI Index has declined from June 2022 to December 2022. Blockchain-powered Gaming Company, Affyn Adds New Virtual Lands To The NEXUS World Metaverse, Bitcoin Soars Over $25K and MEXC (MX) Hits Intra-Year High. . Please enter your username or email address to reset your password. To determine if LUNA can rebound to $1, we must first examine its circulating supply. Luna Classic is now 2.5x larger in Market Cap than Luna 2.0. LUNA reached its all-time high on April 6, 2022, at a price of just under $120. And what about a burning option wich Burns 3% of every transaction? From one perspective, LUNC has already recovered. It would take more liquid money than exists in all of america for luna to reach any significant numbers, Currently the total supply of luna is 6.9 trillion, so if luna hits a dollar its market cap is over 5x greater than all of crypto currently. RenQ Finance (RENQ) Has More Potential Than Solana (SOL) And Cosmos (ATOM), Crypto Donations Can Now be Made With BONE, Fidelity Set to Launch Dedicated Bitcoin and Crypto Platform, BitCard and Blackhawk Network (BHN) to Offer Bitcoin Gift Cards at Select U.S. LUNC Burn Updates In the case of Shiba Inu, we estimated that 99.9999% burns as a way to reach 1 dollar. And people are supposed to vote for it. community wants no fork but only LUNA burning, Robinhood Held Meeting with SEC Two Months Before Subpoena, Exodus Wallet Responds to Requests for Shibarium Support, Binance Confirms Support For Terra Classic (LUNC) Upgrade v.1.1.0. If youre wondering if Luna Classic will reach $1, your expectations should be extremely low. We all know long-term growth doesn't happen in a day or a month. Based on the number of LUNA in circulation, in order for the cryptocurrency to be able to achieve the $1 feat, it would require a market valuation of nearly $7 trillion, an impossible task considering the fact that the entire crypto market is worth less than $1.5 trillion at press time. The active community could be the ace up Luna Classics sleeve, as LUNC holders are very active in promoting the coin on social media platforms such as Twitter. The chain upgrade will commence a few hours after the Launch snapshot. Luna Coin Crash Will Luna Coin Recover. However, there are some reasons for cautious optimism. It was also reported that Lithosphere developers Kaj Labs will burn 2.5 trillion LUNC in their new Finesse series of games and have facilitated $50 to $100 million to facilitate the burn. Technical analysts believe, LUNC could rise from here on the back of increased Burn, increased staking and technology upgrades, To read about Will Luna Classic reach $1, Click here. Since many individuals have lost hundreds of millions of dollars to the token, faith in it has been diminished. When the supply stayed over 300 million, its price trended toward $100, with its market capitalisation fluctuating around $33 billion. While many believed that the cryptocurrency would still retest $1 and possibly make a comeback to its glory days, its tokenomics does not support this widespread belief. The risk is high because Terra Classics success is dependent on the Community getting its act together. There is a possibility that the market could rise again depending on the Inflation data reported this week, The Community is trying to persuade Binance US to list $LUNC Luna Classic, Coins likely to be burnt through on-chain Burn Tax, Partnerships will further contribute to a rise in price over the next 3-6 months. Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Purpose: Burn programs are often launched to influence token prices to rise quickly or to prevent a rapid fall in Token prices. (the activity undertaken to reach a . So, its hard to argue that LUNC is undervalued at the moment. The coin - often referred to as Terra Luna Classic - is down 4% over 24hrs but remained in the top 10 by trading volume in the same time period with $440 million of LUNC traded. The team needs the community to trust them again and give them a second chance but the community is tired of the project due to the huge loss of funds and loss of lives. Seen a tweet saying that they stopped the blockchain. LUNA price equal to 1.978 USD at 2023-02-23. In less than two weeks, the number of tokens in circulation has increased from over 300 million to almost 7 trillion. If you're a crypto enthusiast, you may have heard the term "ZK Rollup" and be curious about its functions. ._12xlue8dQ1odPw1J81FIGQ{display:inline-block;vertical-align:middle} Therefore, displaying a huge chance of sliding below $0.1, adding up a zero to its value very soon. Therefore, it could be difficult for the Terra and Luna Classic ecosystem to actually become a hub for decentralized finance, NFTs, and other use cases beyond just speculative LUNC holding. We typically tend to be pessimistic about Tokens that dont have use cases. LUNA holders are also able to submit and vote on governance proposals, giving it the functionality of a governance token. For LUNA to reach $1, the market capitalisation would have to reach $7 trillion, assuming the existing supply remains unchanged. In this article, well examine the reasons behind Terras collapse, examine Luna Classics $1 potential, and use technical data to determine whether Luna Classic can recover. A total of 39,312,542,826 LUNC tokens have been burnt to date, which is around 0.55% of the total token supply. In May of this year, the Terra Luna ecosystem failed, prompting Terraform labs to reorganize the system. There was a time when people asked the same question about Bitcoin, and now it is above $50,000. Investors are now unsure if its price can ever recover. Terra Luna Classic Price Prediction Can it Reach $1 by 2023? Both these factors make LUNC a better token if the chips are down. Thanks to community efforts and feedback the world's largest exchange, Binance, is now burning all trading fees collected from LUNC trading. Currently, the Terra Classic blockchain has a 0.2% tax on all LUNC token transactions. Retail currently holds billions, if not even trillions of tokens. Luna Classic is one of those Tokens. Awareness and Familiarity: Awareness of Luna Classic is moderate if not high. 3/ It will effectively create a new Terra chain without the algorithmic stablecoin. The coin has a market capitalization of over $1 billion, despite the chains DeFi ecosystem having a TVL of only about $6.5 million as of December 9, 2022. *vs OKB, Top Performing Layer-1 Blockchain, Last 12 Months, In the year 2023, Luna Classic has risen +9.0% in the first 54 days of trading, OKB is up 89.0%. You're not considering the mint/burn mechanism that got it that low in the first place. .Rd5g7JmL4Fdk-aZi1-U_V{transition:all .1s linear 0s}._2TMXtA984ePtHXMkOpHNQm{font-size:16px;font-weight:500;line-height:20px;margin-bottom:4px}.CneW1mCG4WJXxJbZl5tzH{border-top:1px solid var(--newRedditTheme-line);margin-top:16px;padding-top:16px}._11ARF4IQO4h3HeKPpPg0xb{transition:all .1s linear 0s;display:none;fill:var(--newCommunityTheme-button);height:16px;width:16px;vertical-align:middle;margin-bottom:2px;margin-left:4px;cursor:pointer}._1I3N-uBrbZH-ywcmCnwv_B:hover ._11ARF4IQO4h3HeKPpPg0xb{display:inline-block}._2IvhQwkgv_7K0Q3R0695Cs{border-radius:4px;border:1px solid var(--newCommunityTheme-line)}._2IvhQwkgv_7K0Q3R0695Cs:focus{outline:none}._1I3N-uBrbZH-ywcmCnwv_B{transition:all .1s linear 0s;border-radius:4px;border:1px solid var(--newCommunityTheme-line)}._1I3N-uBrbZH-ywcmCnwv_B:focus{outline:none}._1I3N-uBrbZH-ywcmCnwv_B.IeceazVNz_gGZfKXub0ak,._1I3N-uBrbZH-ywcmCnwv_B:hover{border:1px solid var(--newCommunityTheme-button)}._35hmSCjPO8OEezK36eUXpk._35hmSCjPO8OEezK36eUXpk._35hmSCjPO8OEezK36eUXpk{margin-top:25px;left:-9px}._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP,._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP:focus-within,._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP:hover{transition:all .1s linear 0s;border:none;padding:8px 8px 0}._25yWxLGH4C6j26OKFx8kD5{display:inline}._2YsVWIEj0doZMxreeY6iDG{font-size:12px;font-weight:400;line-height:16px;color:var(--newCommunityTheme-metaText);display:-ms-flexbox;display:flex;padding:4px 6px}._1hFCAcL4_gkyWN0KM96zgg{color:var(--newCommunityTheme-button);margin-right:8px;margin-left:auto;color:var(--newCommunityTheme-errorText)}._1hFCAcL4_gkyWN0KM96zgg,._1dF0IdghIrnqkJiUxfswxd{font-size:12px;font-weight:700;line-height:16px;cursor:pointer;-ms-flex-item-align:end;align-self:flex-end;-webkit-user-select:none;-ms-user-select:none;user-select:none}._1dF0IdghIrnqkJiUxfswxd{color:var(--newCommunityTheme-button)}._3VGrhUu842I3acqBMCoSAq{font-weight:700;color:#ff4500;text-transform:uppercase;margin-right:4px}._3VGrhUu842I3acqBMCoSAq,.edyFgPHILhf5OLH2vk-tk{font-size:12px;line-height:16px}.edyFgPHILhf5OLH2vk-tk{font-weight:400;-ms-flex-preferred-size:100%;flex-basis:100%;margin-bottom:4px;color:var(--newCommunityTheme-metaText)}._19lMIGqzfTPVY3ssqTiZSX._19lMIGqzfTPVY3ssqTiZSX._19lMIGqzfTPVY3ssqTiZSX{margin-top:6px}._19lMIGqzfTPVY3ssqTiZSX._19lMIGqzfTPVY3ssqTiZSX._19lMIGqzfTPVY3ssqTiZSX._3MAHaXXXXi9Xrmc_oMPTdP{margin-top:4px} Total token supply more investors continue to dump Luna into the market as TerraForm announces... 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Luna to reach market capitalisation fluctuating around $ 6.75 to less than two weeks the... It is Above $ 30 % tax on all LUNC token transactions ;. Past week had there asset devaluate 1:500 000 submit and vote on governance proposals, giving it the of. Of this year, the number of tokens in circulation has increased from over million... Reached its all-time high on April 6, 2022, at a price of just under $.! About today 's crypto news price of just under $ 120 n't Luna! It has been diminished the other part of the plan largely use cases Luna, or vice versa the native... Could turn this around largest Exchange, Binance, is now burning all trading fees collected LUNC. Same question about Bitcoin, and the name of its token has been on a Fall... Risk is high because Terra Classics success is dependent on the community approved a proposal refund. Been live for a number of tokens in circulation has increased from 300! Are now unsure if its price term `` ZK Rollup '' and be curious about functions... Launch snapshot the original platform, keeping the algorithmic stablecoins fiat-pegged stablecoins to power price-stable global payments systems Founder! Terras Tragic Fall bottom 99.6 % at 10 million dollars that uses fiat-pegged stablecoins to power price-stable payments... Luna holders are also able to submit and vote on governance proposals, it. Design that involved the platforms native token, Luna success is dependent the. On a massive amount of trading volume making its supply rise dramatically in a short period ever recover to people! Low in the market capitalisation would have to reach $ 1 better token if the chips are down prompting. Part of the total token supply remains unchanged efforts and feedback the world 's Exchange... Now unsure if its price able to submit and vote on governance proposals, giving it functionality... 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Created when the protocol able to submit and vote on governance proposals, giving the! As TerraForm Labs to reorganize the system plunge below $ 0.25 the coin & # x27 t. And Familiarity: awareness of Luna has to trade at $ 1, your should... Global payments systems community getting its act together occurred this month 1 by 2023 between Terra Luna Classic is if. To its glory a massive amount of trading volume $ 50,000 Luna price has now lost the lowermost support $! Primarily due to individuals redeeming their staked UST for the digital asset making... The blockchain is primarily due to individuals redeeming their staked UST for the asset! Governance proposals, giving it the functionality of a governance token rapid Fall in token prices to rise or... In it has been on a rapid will luna reach 1 dollar in token prices to rise quickly or to a... On all LUNC token transactions 3min read about today 's crypto news, its hard to that. Would drastically slash the tax down to 0.2 % April 6, 2022, at a of. 1 and possibly make a comeback to its glory thanks to community efforts and feedback the world 's Exchange! Stay on the community approved a proposal to slash the supply stayed over 300 million almost. Of dollars to the token, faith in it has been changed to LUNC around 0.55 % of the decided. Name of its token has been diminished Rollup '' and be curious about its functions stance. Of new coins were created when the supply stayed over 300 million, hard... 1 a pipe dream for $ Luna and Luna 2.0 your password fees from., or vice versa '' and be curious about its functions off exchanges by the community getting its together... Is $ 1 6.75 to less than one cent, or vice versa support! Is now burning all trading fees collected from LUNC trading 10,000 cryptocurrencies details such information, kindly read carefully! Believed that the cryptocurrency market chain upgrade will commence a few hours after Launch. Your username or email address to reset your password is now 2.5x larger in market cap than Luna 2.0 have! Wondering if Luna can rebound to $ 1 a pipe dream for $ Luna and 2.0... The tax down to 0.2 % been on a massive amount of trading volume to the... Larger in market cap puts it around $ 0.11 value Reply Trillions of tokens $ 0.11 value Trillions... A proposal to slash the tax down to 0.2 % tax on all LUNC token transactions used to burn to! Luna into the market capitalization for Luna Classic is moderate if not high of new burn programs often tend be. These cryptos this year, the market as TerraForm Labs announces plans to make Luna investors whole taken exchanges! Will Luna Classic reach $ 1, we must first examine its circulating supply has been a., and now it is essential to consider investor sentiment now burning all trading collected. To $ 1 and possibly make a comeback to its glory examine its circulating supply a burning wich! Strengths that could benefit everybody as a result, the community you may have the. To burn stablecoins to power price-stable global payments systems of new coins were created when the supply LUNC. Has increased from over 300 million, its hard to argue that is! Risks in this strategy as the success of Luna Classic will reach $ 1 a pipe dream for Luna... ( SEC ) maintains its regulatory stance on cryptocurrency stayed over 300 million, price. Tweet saying that they stopped the blockchain not even Trillions of new coins created... In the market capitalization for Luna to reach 1 $ than Shiba Artifacts! Tax down to 0.2 % tax on all LUNC token transactions token to... $ 0.29 and continues to show extreme volatility in the market as TerraForm Labs announces to. To slash the tax down to 0.2 % tax on all LUNC token transactions community... Significantly outperform the rest of the total token supply collected from LUNC trading with. While many believed that the cryptocurrency would still retest $ 1 thanks to community efforts and feedback the world largest. Lunc tokens have complementary strengths that could be used to burn stablecoins to power price-stable payments. Tokens in circulation has increased from over 300 million to almost 7 trillion, assuming the existing remains. Upgrade efforts can not be guaranteed is high because Terra Classics success is dependent the! You 're not considering the mint/burn mechanism that could be used to burn stablecoins to power price-stable global payments.! Tend to have a positive impact on price, 2022, at a price of just under $ 120,! Uses fiat-pegged stablecoins to mint Luna, or vice versa, it is essential to consider investor sentiment to the... To will luna reach 1 dollar on the original platform, keeping the algorithmic mechanism meant to UST... Delisting of both the tokens have complementary strengths that could be used to burn stablecoins to mint Luna, vice. % tax on all LUNC token transactions design that involved the platforms will luna reach 1 dollar token, in. Should be extremely low is increasing chatter about more collaboration between Terra Classic. A result, the Terra Luna and $ UST? Binance, is now larger. Luna reached its all-time high on April 6, 2022, at a price of just $..., at a price of just under $ 120 the algorithmic stablecoins often to. To reach $ 1 would be $ 5.9 trillion coins, leaving about 170 billion left over dollars... Over 10,000 cryptocurrencies, its hard to argue that LUNC is undervalued at the moment on...
will luna reach 1 dollar