People still say: LUNC once reached $119โฆ itโll go back!โ ๐คฆโโ๏ธ๐
But the truth is totally different ๐
๐ก The coin that hit $119 wasnโt LUNC โ it was the OLD $LUNA.
Back then:
โข ๐งฎ Supply was only ~350M
โข ๐ UST peg was stable
โข ๐ The ecosystem was strong & booming
Then the crash happened:
๐ฅ UST lost its peg
๐ฅ Trillions of tokens were minted
๐ฅ Supply exploded
๐ฅ The chain collapsed
After that:
๐น Old LUNA was renamed LUNC
๐น A new chain launched as LUNA 2.0
๐ Todayโs LUNC never had a $119 ATH โ
its real ATH is only ~$0.00059.
๐ Can LUNC reach $1 or $119?
With a multi-trillion supply:
โข $1 = $5โ6T market cap ๐ณ
โข $119 = impossible without a full cosmic miracle ๐
Unless we see:
๐ฅ Massive burns (99%+)
๐ฅ Huge community expansion
๐ฅ Strong new use cases
LUNC can still rise, but not to fantasy levels.
๐ก Key Lesson:
Old LUNA โ LUNC โ
Low supply created the pump โฌ๏ธ
Huge supply destroyed the price โฌ๏ธ
Do research โ not hype. ๐โจ