People still say: ā$LUNC once hit $119⦠itāll go back!ā
But the truth is completely different š
š” The coin that reached $119 wasnāt LUNC ā it was the old $LUNA L
Back then:
⢠Supply was only ~350M
⢠UST peg was stable
⢠The ecosystem was strong
Then UST crashed ā trillions minted ā supply exploded ā chain collapsed.
Result:
š¹ Old LUNA became LUNC
š¹ New chain became LUNA 2.0
š Todayās LUNC never had a $119 ATH. Its real ATH is only ~$0.00059.
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š Can LUNC hit $1 or $119?
With trillions in supply ā $1 = $5ā6T market cap (unrealistic).
Unless:
š„ 99%+ burns
š„ Massive community growth
It can rise ā but donāt expect miracle levels.
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š” Key Lesson:
Old LUNA ā LUNC
Low supply created the pump.
Huge supply destroyed the price.
Research > Hype. š