🔍 THE TRUTH ABOUT $LUNC — MYTH VS REALITY
A lot of people still say, “LUNC once touched $119, it will do it again.”
Sounds exciting — but it’s not the full story.
Here’s what actually happened 👇
The coin that reached $119 was the old Terra (LUNA), not today’s LUNC.
Back then, the system was stable, supply was extremely low (around a few hundred million), and LUNA’s role was to maintain UST’s peg.
When UST collapsed, everything changed.
To defend the peg, the system started minting trillions of new tokens, exploding the supply and destroying price value.
After the crash:
• Old LUNA became Terra Classic ($LUNC)
• A new chain launched as Terra 2.0 (LUNA)
• The $119 price belongs to history — not today’s LUNC
📉 Reality Check
The LUNC traded today has an ATH around $0.00059, not $119.
With trillions in supply, a $1 price would require a multi-trillion-dollar market cap — not realistic under current conditions.
🔥 So Is LUNC Dead?
Not necessarily.
Ongoing burns, strong community support, and ecosystem activity can improve price over time — just not fairy-tale numbers.
💡 Key Lesson
Old LUNA ≠ Current LUNC
Low supply builds value.
Uncontrolled supply destroys it.
Research first.
Hype last.
👉🏻 $LUNC
