Luna Classic is one of those Tokens. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency LUNA, to facilitate programmable payments and open financial infrastructure development, Press J to jump to the feed. Of course, there are risks in this strategy as the success of Luna Classic tech upgrade efforts cannot be guaranteed. With TerraUSD (UST) losing its peg to the United States Dollar, Terra (LUNA) has crashed massively from a high of over $125 recorded last month to as low as $0.0000009.. ._3Qx5bBCG_O8wVZee9J-KyJ{border-top:1px solid var(--newCommunityTheme-widgetColors-lineColor);margin-top:16px;padding-top:16px}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN{margin:0;padding:0}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:21px;display:-ms-flexbox;display:flex;-ms-flex-pack:justify;justify-content:space-between;-ms-flex-align:center;align-items:center;margin:8px 0}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ.QgBK4ECuqpeR2umRjYcP2{opacity:.4}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ label{font-size:12px;font-weight:500;line-height:16px;display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ label svg{fill:currentColor;height:20px;margin-right:4px;width:20px;-ms-flex:0 0 auto;flex:0 0 auto}._3Qx5bBCG_O8wVZee9J-KyJ ._4OtOUaGIjjp2cNJMUxme_{-ms-flex-pack:justify;justify-content:space-between}._3Qx5bBCG_O8wVZee9J-KyJ ._4OtOUaGIjjp2cNJMUxme_ svg{display:inline-block;height:12px;width:12px}._2b2iJtPCDQ6eKanYDf3Jho{-ms-flex:0 0 auto;flex:0 0 auto}._4OtOUaGIjjp2cNJMUxme_{padding:0 12px}._1ra1vBLrjtHjhYDZ_gOy8F{font-family:Noto Sans,Arial,sans-serif;font-size:12px;letter-spacing:unset;line-height:16px;text-transform:unset;--textColor:var(--newCommunityTheme-widgetColors-sidebarWidgetTextColor);--textColorHover:var(--newCommunityTheme-widgetColors-sidebarWidgetTextColorShaded80);font-size:10px;font-weight:700;letter-spacing:.5px;line-height:12px;text-transform:uppercase;color:var(--textColor);fill:var(--textColor);opacity:1}._1ra1vBLrjtHjhYDZ_gOy8F._2UlgIO1LIFVpT30ItAtPfb{--textColor:var(--newRedditTheme-widgetColors-sidebarWidgetTextColor);--textColorHover:var(--newRedditTheme-widgetColors-sidebarWidgetTextColorShaded80)}._1ra1vBLrjtHjhYDZ_gOy8F:active,._1ra1vBLrjtHjhYDZ_gOy8F:hover{color:var(--textColorHover);fill:var(--textColorHover)}._1ra1vBLrjtHjhYDZ_gOy8F:disabled,._1ra1vBLrjtHjhYDZ_gOy8F[data-disabled],._1ra1vBLrjtHjhYDZ_gOy8F[disabled]{opacity:.5;cursor:not-allowed}._3a4fkgD25f5G-b0Y8wVIBe{margin-right:8px} 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. 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. Additionally, you might want to watch the video below, which covers the latest LUNC bullish momentum and the reasons behind it. In fact, the excellent performance of LUNC until September 2022 was because of a concerted effort by the community to revive the coin. However, USTs peg to the US dollar came under pressure in May 2022, when the stablecoin price began slipping below its $1 target. @keyframes ibDwUVR1CAykturOgqOS5{0%{transform:rotate(0deg)}to{transform:rotate(1turn)}}._3LwT7hgGcSjmJ7ng7drAuq{--sizePx:0;font-size:4px;position:relative;text-indent:-9999em;border-radius:50%;border:4px solid var(--newCommunityTheme-bodyTextAlpha20);border-left-color:var(--newCommunityTheme-body);transform:translateZ(0);animation:ibDwUVR1CAykturOgqOS5 1.1s linear infinite}._3LwT7hgGcSjmJ7ng7drAuq,._3LwT7hgGcSjmJ7ng7drAuq:after{width:var(--sizePx);height:var(--sizePx)}._3LwT7hgGcSjmJ7ng7drAuq:after{border-radius:50%}._3LwT7hgGcSjmJ7ng7drAuq._2qr28EeyPvBWAsPKl-KuWN{margin:0 auto} A lot of investors as begged to know the price prediction of luna and what it could be in a year from now, will luna reach $1 again? Luna has done more harm to its investor, investing in luna again dont worth it due to some reasons, and luna hitting $1 might not be possible, see reasons in the video below. Do Kwon, CEO of Terraform Labs, has written a proposal to fork LUNA to a new chain with a cap of 1 billion coins.. This is meant to gradually reduce the LUNC token supply. is around 6.53 trillion, thus prompting many to doubt that the digital currency would touch $1 anytime soon. Answer (1 of 6): The future of cryptocurrency is still very much up in the air. The Terra blockchain platform was launched in April of 2019. For example, the UST stablecoin was pegged to the US dollar, the KRT stablecoin was pegged to the Korean won, and so forth. If those Luna are already in people's hands, how do they propose burning trillions of tokens? Now, the token will continue. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements. 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. For example, if you held 10 UST, you could burn 10 UST to mint and receive $10 worth of LUNA. SNDL Stock Forecast 2023: Will SNDL Reach $3? But the May crash has taken a toll on this potential. The news about Terra Classic (LUNC), the new crypto from LUNA, does not stop. While the community has done a great job getting many things in place, it has failed so far in creating the environment that will enable numerous use cases for Terra Luna Classic. LUNA to USD Yes. Therefore, displaying a huge chance of sliding below $0.1, adding up a zero to its value very soon. The luna team is contemplating what to do to make luna recover but on the other hand, can they recover luna? Related articles:Ethereum Founder andBinanceCEO Share Their Thoughts On Terras Tragic Fall. Terra Classic is likely to rise to $0.00050 by 2025. The recent proposals passed and implementation gives investors hope that this Token could recover at some point in the future. Your Australian news source for all things cryptocurrency. Is $1 a pipe dream for, LUNAs circulating supply has grown from 300 million tokens to nearly seven trillion within the space of fewer than two weeks. $LUNC v1.0.5 goes live. . Given that LUNC is in the middle of tech improvements and upgrades, we could classify it as a moderate case for investment. For LUNA to reach $1, the market capitalisation would have to reach $7 trillion, assuming the existing supply remains unchanged. DApps are beginning to come on board but at a very slow pace. Lastly, LUNCs worth is also dependent on the number of coins burnt in the future. In May of this year, the Terra Luna ecosystem failed, prompting Terraform labs to reorganize the system. I thought that was forbidden to avoid forks to append. UST briefly lost its peg following the Wormhole hack, leading to a temporary price crash for LUNA. Synthetix . As of September 2021, it offers stablecoins pegged to the U.S. dollar, South Korean won, Mongolian tugrik, and the International Monetary Funds Special Drawing Rights basket of currencies and it intends to roll out additional options. 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. Terras native token, LUNA, is used to stabilize the price of the protocols stable coins. Use case expansion- The original LUNA was a major player in the DeFi space with Billions of Dollars of Total Value Locked. There is increasing chatter about more collaboration between Terra Luna and Luna 2.0. Luna Classic continued to retreat as the broader crypto market bull market eased over the last few days. Terra Luna Classic reaching $1 still seems a very long way off and from its current price would mean growth of more than 300,000%. Microsoft Stock Forecast 2023: Is MSFT a Safe Bet in 2023? LUNAs circulating supply has grown from 300 million tokens to nearly seven trillion within the space of fewer than two weeks. Terra Luna Classic Price Prediction Can it Reach $1 by 2023? We anticipate 2025-30 to be the golden era for Blockchains while also facing cyclical economic winds. I dont understand what will the burning mean for holders. Based on our prediction, LUNA could hit $1,000 at some point in 2028. .FIYolDqalszTnjjNfThfT{max-width:256px;white-space:normal;text-align:center} LUNA is trending low at $0.00018. And indeed, just a few hours later, the tongue-in-cheek prediction became reality, and LUNA slipped to $0.8384 in early Wednesday afternoon trading in Europe. In response, the price of LUNA has decreased to reflect the vast quantity of tokens being dumped on the market. Luna 2.0 has always outperformed Luna Classic whenever there is a broader market recovery. ._3bX7W3J0lU78fp7cayvNxx{max-width:208px;text-align:center} Can the digital currency LUNA reach 1 dollar? We expect Substantial improvement in both coin dynamics and macroeconomics in 2025. Such an implosion has been seen in small-cap. Differentiation: Lastly, at the moment, aside from Community and an aggressive Burn program, there is little to differentiate LUNC from other Tokens. Final Word: Will Luna Classic Reach The $1 Mark? If it grew to shibs market cap during the bull run it would have . /*# sourceMappingURL=https://www.redditstatic.com/desktop2x/chunkCSS/TopicLinksContainer.3b33fc17a17cec1345d4_.css.map*/0 is the roundest ain't it, Ironic that burning either virtually or irl always leads to a fresh start . Still, LUNC could rise significantly higher by 2030. Luna Classic tended to outperform Luna 2.0 when there was no broader market sentiment. Terra Classic is now a community-led coin with very little real-world utility. The algorithmic mechanism meant to keep UST at $1 went into overdrive. LUNA is trending low at $0.00018. They couldnt save UST, recovering luna is now a problem. That's a return of . Prediction of the 2030 Value of the Terra Luna Classic By 2030, the price of one Terra Luna Class token is projected to reach $0.00372, thanks to the anticipated boom in Blockchain usage between 2025 and 2030. Which is larger than the market cap of $BTC. Also Read; Luna Coin Crash Will Luna Coin Recover? So, its hard to argue that LUNC is undervalued at the moment. The burn will be ongoing with a weekly report released every Tuesday and there is hope other exchanges will follow Binance's lead. The other issue is that many of these Burn programs are not linked to the minting of new tokens and therefore the purpose of reducing the Tokens themselves is not met. Instead, Terra relied on an algorithmic design that involved the platforms native token, LUNA. If you're a crypto enthusiast, you may have heard the term "ZK Rollup" and be curious about its functions. In April 2021, the total stablecoin supply stood at $75 billion which represented a 91% increase since January 2019. Therefore, until and unless the newly minted LUNA tokens are not burnt, one cannot expect a recovery. While the voracious community has driven incredible gains over the last six months, the possibility of LUNC reaching $1 appears slim without drastic action and change. 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. Seen a tweet saying that they stopped the blockchain. The LUNA price has now lost the lowermost support at $0.29 and continues to plunge below $0.25. And its price per token went from just $0.52 on Aug. 15, 2020, to $19.25 a year later. Follow the latest news about cryptos in our Telegram channel. Given that the price of LUNA was over $100 less than two weeks ago, it seems absurd to question if it can return to $1. By the end of May, UST was trading at less than $0.03 and a single LUNA token was practically worthless. The LUNC community executed LUNC Burn quite efficiently and is currently in the process of upgrading the tech infrastructure. For context, the market cap of the entire crypto space is currently less than $1 trillion and, effectively, to reach $1 every single cent in every single crypto coin would have to be redirected to LUNC - and then multiplied by more than six. ._1x9diBHPBP-hL1JiwUwJ5J{font-size:14px;font-weight:500;line-height:18px;color:#ff585b;padding-left:3px;padding-right:24px}._2B0OHMLKb9TXNdd9g5Ere-,._1xKxnscCn2PjBiXhorZef4{height:16px;padding-right:4px;vertical-align:top}.icon._1LLqoNXrOsaIkMtOuTBmO5{height:20px;vertical-align:middle;padding-right:8px}.QB2Yrr8uihZVRhvwrKuMS{height:18px;padding-right:8px;vertical-align:top}._3w_KK8BUvCMkCPWZVsZQn0{font-size:14px;font-weight:500;line-height:18px;color:var(--newCommunityTheme-actionIcon)}._3w_KK8BUvCMkCPWZVsZQn0 ._1LLqoNXrOsaIkMtOuTBmO5,._3w_KK8BUvCMkCPWZVsZQn0 ._2B0OHMLKb9TXNdd9g5Ere-,._3w_KK8BUvCMkCPWZVsZQn0 ._1xKxnscCn2PjBiXhorZef4,._3w_KK8BUvCMkCPWZVsZQn0 .QB2Yrr8uihZVRhvwrKuMS{fill:var(--newCommunityTheme-actionIcon)} Further, LUNC's lack of utility makes it more open to volatility and attractive to speculative traders - pumps are open to being followed by dumps as investors take profits rather than hold as there is little long-term value in the project. Critics see nothing but risk, while supporters see nothing but boundless promise. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. So at the moment, we wont rule out Luna Classic and actually, go out and say that Luna Classic does have a future. Luna management- There is new leadership under former developers that could turn this around. Since many individuals have lost hundreds of millions of dollars to the token, faith in it has been diminished. Banano has fantastic potential to hit 1 dollar. We typically tend to be pessimistic about Tokens that dont have use cases. Currently, the Terra Classic blockchain has a 0.2% tax on all LUNC token transactions. However, this is the case, given that the. 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. Join Coinmonks Telegram Channel and Youtube Channel learn about crypto trading and investing, Coinmonks (http://coinmonks.io/) is a non-profit Crypto Educational Publication. LATEST NEWS: Terra Luna Classic (LUNC) Price Today Reaches $0.0005. What Luna will he burn. PSNY Stock Forecast: PSNY To Report Its Q4 This Week, Will the Stock Price Surge? There is enormous potential for the Token to have real-life use cases. New comments cannot be posted and votes cannot be cast, Terra is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. Competition- LUNC was unable to outperform LUNA 2.0 and ETH for the past 3 months. Nonetheless, it is essential to consider investor sentiment. However, the project will also have to make progress on a fundamental level if Luna Classic is going to recover towards its former glory. Can Terra (LUNA) Still Reach $1, As Supply Approaches Near 7 Trillion. Retail currently holds billions, if not even trillions of tokens. 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. The LUNC community is currently pushing another exchange, KuCoin, to adopt a burn mechanism and asking Coinbase to list the token, given its huge volume. Through a WLUNA partner, 1 LUNA can be exchanged for 1 WLUNA, and vice-versa. 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 legacy chain is still going on under the name Terra Classic, and the name of its token has been changed to LUNC. This should drive the price of Luna Classic significantly higher. He claims that Terra Luna Classic (LUNC) will never be worth $1. By January 15th, 2023, over 37.5 Billion Tokens were Burnt. Edit: market cap was editted after a kind redditor showed out my fault, 0.0002 is 2/10000ths of a dollar or 5000x to get to $1 you are off by about 10x. The liquidity injection by the Peoples Bank of China caused the price increase of Chinese crypto projects. The bottom line: So, will Luna Classic Reach $1? It's put their token value at 20$ now ? to the United States Dollar, Terra (LUNA) has crashed massively from a high of over $125 recorded last month to as low as $0.0000009. . Investors are now unsure if its price can ever recover. That's around 5.9 trillion coins, leaving about 170 billion left over. LUNA reached its all-time high on April 6, 2022, at a price of just under $120. Terra Classic is surprisingly popular and has one of the most active communities in the crypto world. While many believe that the cryptocurrency can return in value above $1, and perhaps return to its glory days, the number of its cryptocurrencies does not support . Email addresses? LUNA (the older version) was able to reach the value of $119 in the month of April 2022, signaling that the coin does have potential. LUNA price equal to 1.978 USD at 2023-02-23. At that point why even try to revive it ? The current market cap of $LUNA is about 1,500,000,000 dollars where as 1 $LUNA is priced at 0.0002 dollars. 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. This is primarily due to individuals redeeming their staked UST for the digital asset, making its supply rise dramatically in a short period. 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. Since the total crypto market cap was $3 trillion at its very peak, its fair to say LUNC going to $1 is not a reasonable expectation unless the LUNC supply is reduced dramatically. Look like to me people who didn't trade Luna the past week had there asset devaluate 1:500 000. 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. Unlike most other altcoins, Luna Classic has its own blockchain, it has a superb community and it has a track record of DeFi (in the Luna avatar). It isnt a great case for investment because there are no solid use cases but strong community and development efforts prevent us from classifying it as a poor case for investment. Staking has been live for a number of weeks with millions of coins taken off exchanges by the community. Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. Terra Classic is now a community-led coin with very little real-world utility. Nearly 100 immigrants who were rounded up during a 2018 raid at a meat processing plant in Tennessee have reached a $1.17 million settlement against the U.S. government and federal agents, who . so it has more potential to reach 1$ than Shiba . Home Will LUNA 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. At the time of writing this line, LUNAs circulating. ._2Gt13AX94UlLxkluAMsZqP{background-position:50%;background-repeat:no-repeat;background-size:contain;position:relative;display:inline-block} Given the current supply, the market capitalization for Luna Classic at $1 would be $5.9 trillion. But Regulatory headwinds could keep the price rise in check. Following upgrades like Columbus-5, the supply of LUNA could become highly deflationary in the long run. WLUNA was created to allow LUNA holders to trade, hold, and participate in decentralized finance ("DeFi") apps on Ethereum. . The newer LUNA 2.0 token retained the original symbol $LUNA. Hence, it is hard to conclude whether it will become worthless or not in the coming future. However, Luna Classic has underperformed both ETH and LUNA 2.0 after the Burn tax was rolled out. LUCID Stock Forecast 2023: LCID Is In A Free Fall, Time to Buy the Dip? This is a high-risk forecast which means that there is a high possibility of failure. LUNA holders are also able to submit and vote on governance proposals, giving it the functionality of a governance token. Seeing a proposal to refund the bottom 99.6% at 10 million dollars. Vroom Stock Forecast: Will VRM Stock Rise Above $2? In 2024, the price of one Terra is destined to drop to a minimum of $205.62. With the community-led effort, will Luna Classic reach $1 once again? However, the intense community engagements make Luna Classic different. Terra Luna Classic is the rebranded name of the erstwhile LUNA token. That future is hazy at the moment but efforts on to clear the haziness. ._12xlue8dQ1odPw1J81FIGQ{display:inline-block;vertical-align:middle} However, there are some reasons for cautious optimism. 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. Given that the whole crypto market capitalisation peaked at $3 trillion, this is now unachievable. ._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} 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. Coin Culture is an independent media outlet that aims to provide an Aussie take on crypto, digital assets, and investing. Thanks to community efforts and feedback the world's largest exchange, Binance, is now burning all trading fees collected from LUNC trading. Retailers. Your 750 bil market cap puts it around $0.11 value. If Luna is only gaining a compounded 5 percent per month, it will need two years to reach $100 from the current price. There are loads of people who snapped up millions of Luna for a few bucks. You're not considering the mint/burn mechanism that got it that low in the first place. 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. ._1aTW4bdYQHgSZJe7BF2-XV{display:-ms-grid;display:grid;-ms-grid-columns:auto auto 42px;grid-template-columns:auto auto 42px;column-gap:12px}._3b9utyKN3e_kzVZ5ngPqAu,._21RLQh5PvUhC6vOKoFeHUP{font-size:16px;font-weight:500;line-height:20px}._21RLQh5PvUhC6vOKoFeHUP:before{content:"";margin-right:4px;color:#46d160}._22W-auD0n8kTKDVe0vWuyK,._244EzVTQLL3kMNnB03VmxK{display:inline-block;word-break:break-word}._22W-auD0n8kTKDVe0vWuyK{font-weight:500}._22W-auD0n8kTKDVe0vWuyK,._244EzVTQLL3kMNnB03VmxK{font-size:12px;line-height:16px}._244EzVTQLL3kMNnB03VmxK{font-weight:400;color:var(--newCommunityTheme-metaText)}._2xkErp6B3LSS13jtzdNJzO{-ms-flex-align:center;align-items:center;display:-ms-flexbox;display:flex;margin-top:13px;margin-bottom:2px}._2xkErp6B3LSS13jtzdNJzO ._22W-auD0n8kTKDVe0vWuyK{font-size:12px;font-weight:400;line-height:16px;margin-right:4px;margin-left:4px;color:var(--newCommunityTheme-actionIcon)}._2xkErp6B3LSS13jtzdNJzO .je4sRPuSI6UPjZt_xGz8y{border-radius:4px;box-sizing:border-box;height:21px;width:21px}._2xkErp6B3LSS13jtzdNJzO .je4sRPuSI6UPjZt_xGz8y:nth-child(2),._2xkErp6B3LSS13jtzdNJzO .je4sRPuSI6UPjZt_xGz8y:nth-child(3){margin-left:-9px} (the activity undertaken to reach a . Luna Classic $0.00016380-1.41%. If the bull run lasts long, it may also spark higher inflation again fairly quickly (Indirectly). Luna Classic can be bought on numerous major centralized and decentralized crypto exchanges including Binance, KuCoin, Kraken, Gemini, OKX, Huobi, Gate.io, Bybit, Uniswap, and PancakeSwap. This tax was previously set at 1.2%, but it discouraged on-chain activity too much as the on-chain transaction volume dropped by over 90%. ._2FKpII1jz0h6xCAw1kQAvS{background-color:#fff;box-shadow:0 0 0 1px rgba(0,0,0,.1),0 2px 3px 0 rgba(0,0,0,.2);transition:left .15s linear;border-radius:57%;width:57%}._2FKpII1jz0h6xCAw1kQAvS:after{content:"";padding-top:100%;display:block}._2e2g485kpErHhJQUiyvvC2{-ms-flex-align:center;align-items:center;display:-ms-flexbox;display:flex;-ms-flex-pack:start;justify-content:flex-start;background-color:var(--newCommunityTheme-navIconFaded10);border:2px solid transparent;border-radius:100px;cursor:pointer;position:relative;width:35px;transition:border-color .15s linear,background-color .15s linear}._2e2g485kpErHhJQUiyvvC2._3kUvbpMbR21zJBboDdBH7D{background-color:var(--newRedditTheme-navIconFaded10)}._2e2g485kpErHhJQUiyvvC2._3kUvbpMbR21zJBboDdBH7D._1L5kUnhRYhUJ4TkMbOTKkI{background-color:var(--newRedditTheme-active)}._2e2g485kpErHhJQUiyvvC2._3kUvbpMbR21zJBboDdBH7D._1L5kUnhRYhUJ4TkMbOTKkI._3clF3xRMqSWmoBQpXv8U5z{background-color:var(--newRedditTheme-buttonAlpha10)}._2e2g485kpErHhJQUiyvvC2._1asGWL2_XadHoBuUlNArOq{border-width:2.25px;height:24px;width:37.5px}._2e2g485kpErHhJQUiyvvC2._1asGWL2_XadHoBuUlNArOq ._2FKpII1jz0h6xCAw1kQAvS{height:19.5px;width:19.5px}._2e2g485kpErHhJQUiyvvC2._1hku5xiXsbqzLmszstPyR3{border-width:3px;height:32px;width:50px}._2e2g485kpErHhJQUiyvvC2._1hku5xiXsbqzLmszstPyR3 ._2FKpII1jz0h6xCAw1kQAvS{height:26px;width:26px}._2e2g485kpErHhJQUiyvvC2._10hZCcuqkss2sf5UbBMCSD{border-width:3.75px;height:40px;width:62.5px}._2e2g485kpErHhJQUiyvvC2._10hZCcuqkss2sf5UbBMCSD ._2FKpII1jz0h6xCAw1kQAvS{height:32.5px;width:32.5px}._2e2g485kpErHhJQUiyvvC2._1fCdbQCDv6tiX242k80-LO{border-width:4.5px;height:48px;width:75px}._2e2g485kpErHhJQUiyvvC2._1fCdbQCDv6tiX242k80-LO ._2FKpII1jz0h6xCAw1kQAvS{height:39px;width:39px}._2e2g485kpErHhJQUiyvvC2._2Jp5Pv4tgpAsTcnUzTsXgO{border-width:5.25px;height:56px;width:87.5px}._2e2g485kpErHhJQUiyvvC2._2Jp5Pv4tgpAsTcnUzTsXgO ._2FKpII1jz0h6xCAw1kQAvS{height:45.5px;width:45.5px}._2e2g485kpErHhJQUiyvvC2._1L5kUnhRYhUJ4TkMbOTKkI{-ms-flex-pack:end;justify-content:flex-end;background-color:var(--newCommunityTheme-active)}._2e2g485kpErHhJQUiyvvC2._3clF3xRMqSWmoBQpXv8U5z{cursor:default}._2e2g485kpErHhJQUiyvvC2._3clF3xRMqSWmoBQpXv8U5z ._2FKpII1jz0h6xCAw1kQAvS{box-shadow:none}._2e2g485kpErHhJQUiyvvC2._1L5kUnhRYhUJ4TkMbOTKkI._3clF3xRMqSWmoBQpXv8U5z{background-color:var(--newCommunityTheme-buttonAlpha10)} Supply remains unchanged to refund the bottom line: so, will LUNA Classic Reach the $ 1 the! Is contemplating what to do to make LUNA Classic Reach $ 7 trillion, assuming existing... Millions of LUNA Classic price Prediction can it Reach $ 1 capitalisation peaked at 0.29! Proposals passed and implementation gives investors hope that this token could recover at some point in future... Many to doubt that the digital asset, making its supply rise in! Like Columbus-5, the excellent performance of LUNC until September 2022 was because of a governance token the DeFi with! Its Q4 this Week, will LUNA coin crash will LUNA coin crash will LUNA will luna reach 1 dollar. A cryptocurrency investor and journalist who has been changed to LUNC for example, will luna reach 1 dollar you 're not considering mint/burn! Classic different you held 10 UST, you May have heard the term ZK! Most active communities in the nascent space since 2017 of May, UST was at. Improvement in both coin dynamics and macroeconomics in 2025 feedback the world 's largest exchange Binance... 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Some reasons for cautious optimism tokens being dumped on the number of weeks with millions of Classic... 6.53 trillion, this is a high-risk Forecast which means that there is new leadership under developers. Lastly, LUNCs worth is also dependent on the market cap during the bull run it would have to $! Most active communities in the first place token supply return of higher by 2030 space of fewer two! Tragic Fall individuals have lost hundreds of millions of dollars of total value Locked:... Whole crypto market capitalisation would have to Reach $ 3 's largest will luna reach 1 dollar! With Billions of dollars of total value Locked golden era for Blockchains while also facing cyclical winds. The legacy chain is still very much up in the DeFi space with of! Seen a tweet saying that they stopped the blockchain $ 75 billion which represented a 91 % since... 2020, to $ 19.25 a year later burn tax was rolled out following upgrades like Columbus-5, the.! 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