The few of us who know this are the people who have been in the market for years learning. The newcomers today just repeat like parrots what others say who are just like them.
Alezito50x
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The Truth Behind $LUNC — The Confusion of $119 Explained 🔥 People still say: “$LUNC once reached $119… it will come back!” But the truth is completely different 👇
💡 The coin that reached $119 was not LUNC — it was the old $LUNA L
Back then: • The supply was only ~350M • The peg of UST was stable • The ecosystem was strong Then UST collapsed → trillions minted → the supply exploded → the chain collapsed.
Result:
🔹 The old LUNA became LUNC 🔹 The new chain became LUNA 2.0
👉 Today's LUNC never had an ATH of $119. Its true ATH is only ~$0.00059. ---
🚀 Can LUNC reach $1 or $119? With billions in supply → $1 = $5–6T market capitalization (unrealistic). Unless:
🔥 99%+ burns 🔥 Massive community growth It can go up — but don’t expect miraculous levels. --- 💡 Key lesson:
▪️Old LUNA ≠ LUNC ▪️The low supply created the rise. ▪️A huge supply destroyed the price. ▪️Research > Hype. 🔍