$LUNC Terra Luna Classic is showing signs of community-driven resilience despite its massive supply challenges. Below is a detailed analysis of its current market position, technical status, and the "burn" narrative.
Market Overview (Feb 1, 2026)
LUNC is currently trading in a consolidated range after a volatile start to the year.
Metric Current Value 24h Change
Current Price $0.00003698 +1.76%
Market Cap ~$202.15 Million +1.74%
24h Trading Volume ~$30.61 Million +77.75%
Circulating Supply 5.47 Trillion LUNC Deflationary.
The Burn & Fundamental Analysis
The core driver for LUNC remains its deflationary mechanism. The community and Binance are actively working to reduce the hyper-inflated supply that resulted from the 2022 collapse.
Binance Support: Binance continues to be the largest contributor, having burned over 5.33 billion LUNC on January 1, 2026, alone. Another burn event is scheduled for early February.
Total Burn Progress: Approximately 436 billion tokens (~6.7% of total supply) have been removed from circulation since May 2022.
Repayment Milestones: As of January 21, 2026, the Kroll asset distribution to claimants from the 2022 collapse has begun, providing some legal closure to the ecosystem's dark history.
Technical Analysis & Charts
Technical indicators show a "tug-of-war" between long-term bearish trends and short-term bullish momentum.
1. Support and Resistance
Immediate Resistance: $0.000041 (30-day SMA). A break above this could trigger a rally toward $0.000045.
Major Support: $0.0000325. This level has held firm during recent sell-offs.
2. Moving Averages & RSI
RSI (Relative Strength Index): Currently sitting at 49.65 (Neutral). It is neither overbought nor oversold, suggesting the price could drift sideways in the short term.
Death Cross Warning: On the daily chart, the 200-day Moving Average is currently trending downward and sits above the current price, acting as a heavy "ceiling" for any major upward movement.