Here is a clear summary about *Terra (LUNA), Terra Classic (LUNC)* and what happened to these projects:

🌑 1. Terra Classic (LUNC)*

- It is the original version of the Terra blockchain.

- In May 2022, it collapsed* after the stablecoin UST lost its peg to the dollar.

- Millions of dollars were lost, and the price of LUNC plummeted from over US$ 100 to fractions of a cent.

- Today, it is maintained by a community trying to revive the project, with *burns and recovery proposals*, but *it is highly speculative and risky.

🚀 *2. terra 🌎 (LUNA) — New version

- Created after the collapse of the original.

- Also called ;Terra 2.0 / LUNA 2.0*

- Does not have stablecoin UST

- Has a new blockchain, focusing on rebuilding the ecosystem

- Still little adopted, but with ongoing development.