
What is Terra Luna Classic?
Terra Luna Classic (LUNC) is the native asset of the original Terra (LUNA) blockchain. When this asset was first created, its ticker symbol was LUNA, which is now the ticker symbol for the new LUNA, or LUNA 2.0. LUNC, which was LUNA pre-May 28, 2022, was initially created as a sister asset to TerraUSD (UST), an algorithmic stablecoin that was pegged to the US dollar. LUNA, now LUNC, was burned, or permanently destroyed, as a means to mint UST. However, now that UST has lost its peg and become virtually worthless, LUNC has lost its primary purpose. Until the Terra community finds a new purpose or mission statement for LUNC, its value will be driven solely by market speculators. Like pre-May 28, 2022 Terra (LUNA), Terra Luna Classic (LUNC) is still a DPoS (Delegated Proof of Stake) blockchain, so if you plan to continue staking your LUNC, check to make sure that your staking validator is still active.
Terra Luna Classic (LUNC) is in the top 1,000 cryptocurrencies in the world by market cap, valued at $768,841,921. The current price of Terra Luna Classic is $0.0000725, which is -11.604% lower than yesterday. Prices have ranged between $0.00008303 and $0.00006881 over the past 24 hours. All prices are listed in US dollars and accurate as of June 10, 2022 08:06 UTC.
Recent Terra Luna Classic developments
May 27, 2022: Terra backers confirmed plans to launch the new LUNA blockchain and token Saturday, May 28, with tokens going out by airdrop to the owners of the collapsed LUNA and UST coins. Full story
May 26, 2022: Terra backers said the community voted to launch a new version of the Terra (LUNA) coin, and the plan will move ahead with existing tokens renamed Terra Classic (LUNC).
May 13, 2022: The price of Luna dropped to a fraction of a penny. Due to halts by some brokerages and the blockchain it may be difficult to trade at this writing.
May 12, 2022: The price of Luna continued to fall in the past 24 hours amid problems with its sister stablecoin UST, reaching just pennies.
May 11, 2022: The price of Luna fell below 84 cents briefly in the past 24 hours before leveling off above $1.10, down more than 90% as its sister stablecoin UST struggled to regain its $1 price peg.
Terra Luna Classic (LUNC) price
Use our graph to track the performance of (LUNC) over time.Terra Luna Classic at a glance
Coin symbol | LUNC |
---|---|
Coin Marketcap | US$768,841,921 |
Total LUNC supply | 6,907,072,876,045 |
Current price | US$0.0000725 |
Notable team members | Daniel Shin, Do Kwon |
Partnerships | Solana, Chai, Velo Labs, Axelar |
Industry | Payments system |
Token uses | Staking, price stability |
Network | Terra |
Terra Luna Classic price performance over time
Historical prices compared with the price of US$0.0000725.
1 hour | 1.73% |
---|---|
24 hours | -11.60% |
7 days | -27.96% |
14 days | -52.15% |
30 days | -100.00% |
---|---|
60 days | -100.00% |
200 days | -100.00% |
1 year | -100.00% |
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