The Truth About $LUNC — The $119 Myth vs. Reality
Many people still claim, “LUNC once hit $119, so it will go back there again!”
But the reality is completely different 👇
The coin that reached $119 was the original Terra (LUNA). At that time:
The system was stable
Total supply was only around 350 million (very low)
LUNA helped maintain the peg of the UST stablecoin
When UST lost its peg, the system began minting trillions of new LUNA tokens in an attempt to save it — causing the supply to skyrocket past 6 trillion
After the crash:
The old LUNA was renamed Terra Classic ($LUNC )
A new chain and token were launched: Terra 2.0 (LUNA)
So the LUNC you see on exchanges today is the post-crash token, not the same LUNA that hit $119.
Its real all-time high (ATH) is only about $0.00059.
The big question: “Can LUNC ever reach $119… or even $1?”
Reality check:
LUNC’s supply is still in the trillions
For LUNC to hit $1, its market cap would need to exceed $5–6 trillion — which isn’t realistic
However, with huge burns (99%+), strong community effort, and continued development, price improvements are still possible — just don’t build expectations on hype
Lesson:
Old LUNA ≠ Current LUNC
Low supply made the old LUNA soar
Massive supply pushed LUNC down
Always choose research over hype 🔍
