THE REAL STORY OF $LUNC — FACTS VS FICTION
Many people still say,
“LUNC was once above $100, it will go back there again.”
It sounds exciting —
but the reality is different.
Let’s clear up what really happened 👇
The coin that once traded above $100
was the original Terra ($LUNA ) —
not today’s Terra Classic ($LUNC).
Back then, the conditions were completely different:
• Token supply was extremely low
• The system was designed to maintain UST’s stable peg
• LUNA’s demand was directly tied to protocol utility
Everything changed when UST lost its peg.
In an attempt to defend it,
the protocol began minting massive amounts of new tokens —
the result?
👉 Trillions of supply
👉 Total price collapse
🚨 What happened after the crash:
• Old LUNA was rebranded as → Terra Classic ($LUNC)
• A new blockchain launched → Terra 2.0 (LUNA)
• The $100+ price stayed in the past
📉 Reality Check
Today’s $LUNC has an actual ATH of around $0.00059.
Talking about $1 or $100 prices would require
an unrealistic market capitalization
given the current supply.
🔥 So, is LUNC dead?
Not at all.
• Community-driven token burns
• Loyal long-term holders
• Ongoing ecosystem rebuilding
These factors can lead to
slow but realistic progress over time —
not overnight miracles.
💡 Final Thought
Old LUNA ≠ Current LUNC
Low supply creates value.
Uncontrolled supply destroys it.
📌 Understand first.
📌 Believe second.
📌 Hype comes last.
