LUNC currency (Terra Classic) in short:
📌 What is LUNC?
It is the original currency of the old Terra network before its collapse in May 2022 after the fall of the UST currency. After the collapse:
A new network named Terra (LUNA) has been launched.
The old network is now called Terra Classic, and the currency remains LUNC.
📉 Why is its price low?
Because:
There is a massive amount of the currency (trillions).
Investor confidence has weakened after the crash.
The Terra Classic project is no longer as active as before.
🔥 Is there a chance of a rise?
The possibility of a rise exists but is linked to:
Success of burn operations and reducing supply.
Strong developments in the chain.
Entry of major investors.
But it should be noted that LUNC is considered a high-risk currency.
📈 Can it return to large prices like before?
It is very difficult to return to numbers like $1 or $0.1 as long as the supply is in the billions and trillions.
If you want:
✔️ Current price analysis
✔️ Predictions based on indicators
✔️ Should you sell or hold?
✔️ Best strategy for the amount you invested
