đš Reality Check on LUNC Price Myths đš
Youâve probably seen people say:
âLUNC once reached $119 â it will do it again.â
That statement is not accurate.
Hereâs what actually happened đ
đĄ The $119 price belonged to the OLD $LUNA , not todayâs LUNC
At that time:
â Circulating supply was around 350 million
â UST was holding its peg
â The Terra ecosystem was expanding rapidly
Everything worked â until it didnât.
---
đ„ The Collapse Explained
When UST lost its peg:
âą Trillions of tokens were minted
âą Supply went out of control
âą Confidence vanished
âą The chain was split
What followed đ
đč Old LUNA â renamed LUNC
đč New blockchain â LUNA 2.0
Important fact:
đ LUNC never touched $119
đ Its true all-time high is about $0.00059
---
đ Can $LUNC reach $1 or higher?
With the current massive supply:
đ° $1 would require a multi-trillion-dollar market cap
â ïž Thatâs extremely unlikely under normal conditions
Possible only if:
đ„ Massive token burns (over 99%)
đ„ Strong and sustained community expansion
đ„ Real utility adoption
Yes, price can move â
đ« but expecting historic levels is unrealistic.
---
đ§ Takeaway for Traders & Investors
Low supply drove the old pump
Oversupply crushed the price
đ Always research â donât trade the hype
#LUNCâ #TerraLunaClassic #CryptoExcitement #WriteToEarnUpgrade

