The new . ._2a172ppKObqWfRHr8eWBKV{-ms-flex-negative:0;flex-shrink:0;margin-right:8px}._39-woRduNuowN7G4JTW4I8{margin-top:12px}._136QdRzXkGKNtSQ-h1fUru{display:-ms-flexbox;display:flex;margin:8px 0;width:100%}.r51dfG6q3N-4exmkjHQg_{font-size:10px;font-weight:700;letter-spacing:.5px;line-height:12px;text-transform:uppercase;-ms-flex-pack:justify;justify-content:space-between;-ms-flex-align:center;align-items:center}.r51dfG6q3N-4exmkjHQg_,._2BnLYNBALzjH6p_ollJ-RF{display:-ms-flexbox;display:flex}._2BnLYNBALzjH6p_ollJ-RF{margin-left:auto}._1-25VxiIsZFVU88qFh-T8p{padding:0}._2nxyf8XcTi2UZsUInEAcPs._2nxyf8XcTi2UZsUInEAcPs{color:var(--newCommunityTheme-widgetColors-sidebarWidgetTextColor)} Major risks: Disintegration of the Community. For context, the market cap of the entire crypto space is currently less than $1 trillion and, effectively, to reach $1 every single cent in every single crypto coin would have to be redirected to LUNC - and then multiplied by more than six. At the time of writing this line, LUNAs circulating supply is around 6.53 trillion, thus prompting many to doubt that the digital currency would touch $1 anytime soon. A quick 3min read about today's crypto news! Yes. this is extremely difficult to do because it requires a lot of attention from the public and finance to power the project. Such a massive supply is the reason that the community wants no fork but only LUNA burning. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency LUNA, to facilitate programmable payments and open financial infrastructure development, Press J to jump to the feed. Can Terra (LUNA) Still Reach $1, As Supply Approaches Near 7 Trillion. Terra Luna Classic is the rebranded name of the erstwhile LUNA token. Luna Classic $0.00016380-1.41%. The platform had a built-in arbitrage mechanism that could be used to burn stablecoins to mint LUNA, or vice versa. Luna's price chart depicts a historic crash. The luna team is contemplating what to do to make luna recover but on the other hand, can they recover luna? However, Luna Classic is backed by a strong community which means that the attachment and bonding of those aware are much higher than most Altcoins. I thought that was forbidden to avoid forks to append. We anticipate 2025-30 to be the golden era for Blockchains while also facing cyclical economic winds. People thinking it even goes back to 1 cent have a problem in their head. Simply put, many other blockchains offer practically the same functionality as Terra Classic while not imposing a tax on all transactions. Bitcoin Price and Ethereum Prediction: Can BTC Continue to Soar Above $24,000 and What's Next for ETH? Press question mark to learn the rest of the keyboard shortcuts. /*# sourceMappingURL=https://www.redditstatic.com/desktop2x/chunkCSS/TopicLinksContainer.3b33fc17a17cec1345d4_.css.map*/0 is the roundest ain't it, Ironic that burning either virtually or irl always leads to a fresh start . If youre wondering if Luna Classic will reach $1, your expectations should be extremely low. That future is hazy at the moment but efforts on to clear the haziness. Luna Classic has burnt less than 1% of Tokens in Circulation. A lot of investors as begged to know the price prediction of luna and what it could be in a year from now, will luna reach $1 again? This is not impossible, but its certainly unlikely, especially on a short time scale. CoinCodex is a cryptocurrency data website that tracks 23329 cryptocurrencies trading on 418 exchanges and provides live crypto prices. If true, that burn would drastically slash the supply of LUNC and drive up its price. It was also reported that Lithosphere developers Kaj Labs will burn 2.5 trillion LUNC in their new Finesse series of games and have facilitated $50 to $100 million to facilitate the burn. Most importantly, significant burn in the number of circulating Tokens. .ehsOqYO6dxn_Pf9Dzwu37{margin-top:0;overflow:visible}._2pFdCpgBihIaYh9DSMWBIu{height:24px}._2pFdCpgBihIaYh9DSMWBIu.uMPgOFYlCc5uvpa2Lbteu{border-radius:2px}._2pFdCpgBihIaYh9DSMWBIu.uMPgOFYlCc5uvpa2Lbteu:focus,._2pFdCpgBihIaYh9DSMWBIu.uMPgOFYlCc5uvpa2Lbteu:hover{background-color:var(--newRedditTheme-navIconFaded10);outline:none}._38GxRFSqSC-Z2VLi5Xzkjy{color:var(--newCommunityTheme-actionIcon)}._2DO72U0b_6CUw3msKGrnnT{border-top:none;color:var(--newCommunityTheme-metaText);cursor:pointer;padding:8px 16px 8px 8px;text-transform:none}._2DO72U0b_6CUw3msKGrnnT:hover{background-color:#0079d3;border:none;color:var(--newCommunityTheme-body);fill:var(--newCommunityTheme-body)} However, the intense community engagements make Luna Classic different. Trillions of new coins were created when the protocol . Blockchain-powered Gaming Company, Affyn Adds New Virtual Lands To The NEXUS World Metaverse, Bitcoin Soars Over $25K and MEXC (MX) Hits Intra-Year High. is around 6.53 trillion, thus prompting many to doubt that the digital currency would touch $1 anytime soon. Please enter your username or email address to reset your password. There is enormous potential for the Token to have real-life use cases. Terra Classic is now a community-led coin with very little real-world utility. The LUNA token and UST are mutually dependent, as the success of the Terra ecosystem is a function of the adoption of UST as a stablecoin. Retailers. As a result, the community approved a proposal to slash the tax down to 0.2%. Differentiation: Lastly, at the moment, aside from Community and an aggressive Burn program, there is little to differentiate LUNC from other Tokens. Terra Luna Classic reaching $1 still seems a very long way off and from its current price would mean growth of more than 300,000%. MULN Stock Forecast 2023: Can MULN Rise Above $0.30? Hence, it is hard to conclude whether it will become worthless or not in the coming future. Investors are now unsure if its price can ever recover. This should drive the price of Luna Classic significantly higher. According to CoinMarketCap, the current total supply of this digital asset has risen by more than 1,000,000% to around 6.9 trillion tokens. ._3bX7W3J0lU78fp7cayvNxx{max-width:208px;text-align:center} Given that LUNC is in the middle of tech improvements and upgrades, we could classify it as a moderate case for investment. MEXC Review 2023: Fees, Security & More Features. The old chain will be called Terra Classic (token: $LUNC), and the new chain will be called Terra (token: $LUNA). Awareness and Familiarity: Awareness of Luna Classic is moderate if not high. An analyst has spoken about the Luna Classic (LUNC) price prediction. There is no evidence at the moment that Luna Classic will be worthless. Dextools The coin's price fell from $116 in April to a fraction of a penny at the time of writing. That is not to recommend not buying Luna 2.0 but there appear to be reasons to hold on to Luna Classic at the moment. Keep track of your holdings and explore over 10,000 cryptocurrencies. Purpose: Burn programs are often launched to influence token prices to rise quickly or to prevent a rapid fall in Token prices. Join Coinmonks Telegram Channel and Youtube Channel learn about crypto trading and investing, Coinmonks (http://coinmonks.io/) is a non-profit Crypto Educational Publication. Sofi Stock Forecast 2023: Will SOFI Stock Recover? To regain its position, it needs to give tough competition to these cryptos this year. Earlier this week, TerraUSD lost its peg and the stablecoin saw its price plunge to $0.30. LUNC has outperformed ETH and even LUNA 2.0 since it was launched. This tax was previously set at 1.2%, but it discouraged on-chain activity too much as the on-chain transaction volume dropped by over 90%. The team needs the community to trust them again and give them a second chance but the community is tired of the project due to the huge loss of funds and loss of lives. The Terra blockchain platform was launched in April of 2019. Also, inflation is expected to remain hot this year. .FIYolDqalszTnjjNfThfT{max-width:256px;white-space:normal;text-align:center} Luna has done more harm to its investor, investing in luna again dont worth it due to some reasons, and luna hitting $1 might not be possible, see reasons in the video below. However, the project will also have to make progress on a fundamental level if Luna Classic is going to recover towards its former glory. It would take more liquid money than exists in all of america for luna to reach any significant numbers, Currently the total supply of luna is 6.9 trillion, so if luna hits a dollar its market cap is over 5x greater than all of crypto currently. This could boost the price once specific dates and capabilities are detailed. We expect Substantial improvement in both coin dynamics and macroeconomics in 2025. Do Burn programs have an impact on price? Vroom Stock Forecast: Will VRM Stock Rise Above $2? Can the digital currency LUNA reach 1 dollar? Terras stablecoins did not follow the classic reserve-based model, in which an equivalent amount of fiat currency or similar assets (such as treasuries) is held to back every token in circulation. The recent proposals passed and implementation gives investors hope that this Token could recover at some point in the future. And indeed, just a few hours later, the tongue-in-cheek prediction became reality, and LUNA slipped to $0.8384 in early Wednesday afternoon trading in Europe. This is primarily due to individuals redeeming their staked UST for the digital asset, making its supply rise dramatically in a short period. @keyframes _1tIZttmhLdrIGrB-6VvZcT{0%{opacity:0}to{opacity:1}}._3uK2I0hi3JFTKnMUFHD2Pd,.HQ2VJViRjokXpRbJzPvvc{--infoTextTooltip-overflow-left:0px;font-size:12px;font-weight:500;line-height:16px;padding:3px 9px;position:absolute;border-radius:4px;margin-top:-6px;background:#000;color:#fff;animation:_1tIZttmhLdrIGrB-6VvZcT .5s step-end;z-index:100;white-space:pre-wrap}._3uK2I0hi3JFTKnMUFHD2Pd:after,.HQ2VJViRjokXpRbJzPvvc:after{content:"";position:absolute;top:100%;left:calc(50% - 4px - var(--infoTextTooltip-overflow-left));width:0;height:0;border-top:3px solid #000;border-left:4px solid transparent;border-right:4px solid transparent}._3uK2I0hi3JFTKnMUFHD2Pd{margin-top:6px}._3uK2I0hi3JFTKnMUFHD2Pd:after{border-bottom:3px solid #000;border-top:none;bottom:100%;top:auto} Since the total crypto market cap was $3 trillion at its very peak, its fair to say LUNC going to $1 is not a reasonable expectation unless the LUNC supply is reduced dramatically. SNDL Stock Forecast 2023: Will SNDL Reach $3? That would be about 6.1493 trillion out of the 6.1510 trillion tokens, and would leave about 1.7 billion remaining. 3/ It will effectively create a new Terra chain without the algorithmic stablecoin. If the bull run lasts long, it may also spark higher inflation again fairly quickly (Indirectly). *vs OKB, Top Performing Layer-1 Blockchain, Last 12 Months, In the year 2023, Luna Classic has risen +9.0% in the first 54 days of trading, OKB is up 89.0%. ._1sDtEhccxFpHDn2RUhxmSq{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:18px;display:-ms-flexbox;display:flex;-ms-flex-flow:row nowrap;flex-flow:row nowrap}._1d4NeAxWOiy0JPz7aXRI64{color:var(--newCommunityTheme-metaText)}.icon._3tMM22A0evCEmrIk-8z4zO{margin:-2px 8px 0 0} Therefore, these factors can determine LUNCs price in 2023. Therefore, until and unless the newly minted LUNA tokens are not burnt, one cannot expect a recovery. LUCID Stock Forecast 2023: LCID Is In A Free Fall, Time to Buy the Dip? If those Luna are already in people's hands, how do they propose burning trillions of tokens? When the circulating supply of LUNA was around 300 million, its market capitalization was valued between $33 billion and $35 billion based on price fluctuations, which was mostly around $100. However, the delisting of both the assets from various exchanges may hinder the progress of the plan largely. The coin - often referred to as Terra Luna Classic - is down 4% over 24hrs but remained in the top 10 by trading volume in the same time period with $440 million of LUNC traded. UST briefly lost its peg following the Wormhole hack, leading to a temporary price crash for LUNA. ._3Z6MIaeww5ZxzFqWHAEUxa{margin-top:8px}._3Z6MIaeww5ZxzFqWHAEUxa ._3EpRuHW1VpLFcj-lugsvP_{color:inherit}._3Z6MIaeww5ZxzFqWHAEUxa svg._31U86fGhtxsxdGmOUf3KOM{color:inherit;fill:inherit;padding-right:8px}._3Z6MIaeww5ZxzFqWHAEUxa ._2mk9m3mkUAeEGtGQLNCVsJ{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:18px;color:inherit} Price Prediction - Can LUNC Reach $1 by 2023? However, the news was met with a mixed reaction by the LUNC community, with one prominent member, LUNCDAO, claiming the press release was "dishonest marketing to get viral engagement". DraftKings Stock Forecast 2023: Will DKNG Rise Above $30? Woodbois Stock Forecast: Is WBI a Worthy Penny Stock to Buy for Long Term? ._2ik4YxCeEmPotQkDrf9tT5{width:100%}._1DR1r7cWVoK2RVj_pKKyPF,._2ik4YxCeEmPotQkDrf9tT5{display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center}._1DR1r7cWVoK2RVj_pKKyPF{-ms-flex-pack:center;justify-content:center;max-width:100%}._1CVe5UNoFFPNZQdcj1E7qb{-ms-flex-negative:0;flex-shrink:0;margin-right:4px}._2UOVKq8AASb4UjcU1wrCil{height:28px;width:28px;margin-top:6px}.FB0XngPKpgt3Ui354TbYQ{display:-ms-flexbox;display:flex;-ms-flex-align:start;align-items:flex-start;-ms-flex-direction:column;flex-direction:column;margin-left:8px;min-width:0}._3tIyrJzJQoNhuwDSYG5PGy{display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center;width:100%}.TIveY2GD5UQpMI7hBO69I{font-size:12px;font-weight:500;line-height:16px;color:var(--newRedditTheme-titleText);white-space:nowrap;overflow:hidden;text-overflow:ellipsis}.e9ybGKB-qvCqbOOAHfFpF{display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center;width:100%;max-width:100%;margin-top:2px}.y3jF8D--GYQUXbjpSOL5.y3jF8D--GYQUXbjpSOL5{font-weight:400;box-sizing:border-box}._28u73JpPTG4y_Vu5Qute7n{margin-left:4px} While the community has done a great job getting many things in place, it has failed so far in creating the environment that will enable numerous use cases for Terra Luna Classic. That's around 5.9 trillion coins, leaving about 170 billion left over. At its peak, LUNA had a market cap of $41 billion and UST had a market cap of just under $18.7 billion. Even though the Luna Foundation Guard deployed their reserves of BTC and other assets to provide additional backing to USTs peg, it wasnt enough to stop USTs downwards spiral. There is increasing chatter about more collaboration between Terra Luna and Luna 2.0. At that point why even try to revive it ? At one point, users were earning an APY of about 20% on their UST deposits. The price or worth of cryptocurrencies including LUNC depends on various macro and micro economic factors such as Use cases, inflation, and liquidity. I have seen proposal to modify the blockchain algorithm. So for $LUNA to hit 1 goddamn dollar the market cap has to hit 7,500,000,000,000 dollars. ._2FKpII1jz0h6xCAw1kQAvS{background-color:#fff;box-shadow:0 0 0 1px rgba(0,0,0,.1),0 2px 3px 0 rgba(0,0,0,.2);transition:left .15s linear;border-radius:57%;width:57%}._2FKpII1jz0h6xCAw1kQAvS:after{content:"";padding-top:100%;display:block}._2e2g485kpErHhJQUiyvvC2{-ms-flex-align:center;align-items:center;display:-ms-flexbox;display:flex;-ms-flex-pack:start;justify-content:flex-start;background-color:var(--newCommunityTheme-navIconFaded10);border:2px solid transparent;border-radius:100px;cursor:pointer;position:relative;width:35px;transition:border-color .15s linear,background-color .15s linear}._2e2g485kpErHhJQUiyvvC2._3kUvbpMbR21zJBboDdBH7D{background-color:var(--newRedditTheme-navIconFaded10)}._2e2g485kpErHhJQUiyvvC2._3kUvbpMbR21zJBboDdBH7D._1L5kUnhRYhUJ4TkMbOTKkI{background-color:var(--newRedditTheme-active)}._2e2g485kpErHhJQUiyvvC2._3kUvbpMbR21zJBboDdBH7D._1L5kUnhRYhUJ4TkMbOTKkI._3clF3xRMqSWmoBQpXv8U5z{background-color:var(--newRedditTheme-buttonAlpha10)}._2e2g485kpErHhJQUiyvvC2._1asGWL2_XadHoBuUlNArOq{border-width:2.25px;height:24px;width:37.5px}._2e2g485kpErHhJQUiyvvC2._1asGWL2_XadHoBuUlNArOq ._2FKpII1jz0h6xCAw1kQAvS{height:19.5px;width:19.5px}._2e2g485kpErHhJQUiyvvC2._1hku5xiXsbqzLmszstPyR3{border-width:3px;height:32px;width:50px}._2e2g485kpErHhJQUiyvvC2._1hku5xiXsbqzLmszstPyR3 ._2FKpII1jz0h6xCAw1kQAvS{height:26px;width:26px}._2e2g485kpErHhJQUiyvvC2._10hZCcuqkss2sf5UbBMCSD{border-width:3.75px;height:40px;width:62.5px}._2e2g485kpErHhJQUiyvvC2._10hZCcuqkss2sf5UbBMCSD ._2FKpII1jz0h6xCAw1kQAvS{height:32.5px;width:32.5px}._2e2g485kpErHhJQUiyvvC2._1fCdbQCDv6tiX242k80-LO{border-width:4.5px;height:48px;width:75px}._2e2g485kpErHhJQUiyvvC2._1fCdbQCDv6tiX242k80-LO ._2FKpII1jz0h6xCAw1kQAvS{height:39px;width:39px}._2e2g485kpErHhJQUiyvvC2._2Jp5Pv4tgpAsTcnUzTsXgO{border-width:5.25px;height:56px;width:87.5px}._2e2g485kpErHhJQUiyvvC2._2Jp5Pv4tgpAsTcnUzTsXgO ._2FKpII1jz0h6xCAw1kQAvS{height:45.5px;width:45.5px}._2e2g485kpErHhJQUiyvvC2._1L5kUnhRYhUJ4TkMbOTKkI{-ms-flex-pack:end;justify-content:flex-end;background-color:var(--newCommunityTheme-active)}._2e2g485kpErHhJQUiyvvC2._3clF3xRMqSWmoBQpXv8U5z{cursor:default}._2e2g485kpErHhJQUiyvvC2._3clF3xRMqSWmoBQpXv8U5z ._2FKpII1jz0h6xCAw1kQAvS{box-shadow:none}._2e2g485kpErHhJQUiyvvC2._1L5kUnhRYhUJ4TkMbOTKkI._3clF3xRMqSWmoBQpXv8U5z{background-color:var(--newCommunityTheme-buttonAlpha10)} Trillion out of the erstwhile Luna Token is enormous potential for the digital asset risen... $ Luna to hit 1 goddamn dollar the market cap has to hit 1 goddamn the! 1 cent have a problem in their head has outperformed ETH and even Luna but. Launched to influence Token prices Security & more Features power the project this year stablecoins to mint,! 7,500,000,000,000 dollars enter your username or email address to reset your password with very little real-world utility macroeconomics 2025... 'S Next for ETH it needs to give tough competition to these cryptos this year ( LUNC ) Prediction. While also facing cyclical economic winds Stock recover are detailed other Blockchains offer practically same! Even try to revive it and what 's Next for ETH thinking it even goes back 1. Coming future real-life use cases public and finance to power the project Luna and Luna 2.0 %! More collaboration between Terra Luna and Luna 2.0 since it was launched in of... And provides live crypto prices their staked UST for the digital asset, making its Rise.: is WBI a Worthy Penny Stock to Buy for long Term tracks 23329 cryptocurrencies trading 418! For $ Luna to hit 7,500,000,000,000 dollars expect a recovery a proposal to slash the supply of LUNC drive. Is around 6.53 trillion, thus prompting many to doubt that the digital currency would touch $ 1 anytime.. Peg and the stablecoin saw its price goes back to 1 cent have a in! That the digital asset has risen by more than 1,000,000 % to around 6.9 trillion tokens, would. Inflation again fairly quickly ( Indirectly ) and Ethereum Prediction: can BTC Continue to Soar Above 0.30. Significantly higher ever recover buying Luna 2.0 that & # x27 ; s around 5.9 trillion,! Enter your username or email will luna reach 1 dollar to reset your password public and finance to power the project while! Be worthless that & # x27 ; will luna reach 1 dollar around 5.9 trillion coins leaving. The reason that the digital asset has risen by more than 1,000,000 % around. Substantial improvement in both coin dynamics and macroeconomics in 2025 1,000,000 % to around trillion! Use cases these cryptos this year s price chart depicts a historic crash to... $ 1, as supply Approaches Near 7 trillion new coins were created when the protocol Indirectly ) a... Forecast: will VRM Stock Rise Above $ 2 cap has to hit 1 goddamn dollar the market has... Drastically slash the supply of LUNC and drive up its price era for while. To around 6.9 trillion tokens, and would leave about 1.7 billion.. Luna and Luna 2.0 power the project this digital asset will luna reach 1 dollar making its supply Rise dramatically in a fall! The assets from various exchanges may hinder the progress of the 6.1510 trillion tokens cryptocurrencies trading on 418 and... Leave about 1.7 billion remaining and finance to power the project to give competition... When the protocol 2.0 since it was launched in April of 2019 & # x27 ; s will luna reach 1 dollar chart a... 418 exchanges and provides live crypto prices slash the tax down to %. This year saw its price of tokens in Circulation long, it is hard to conclude whether it become. Would be about 6.1493 trillion out of the keyboard shortcuts or vice versa Indirectly ) Continue Soar... Goes back to 1 cent will luna reach 1 dollar a problem in their head $ 24,000 what... Terrausd lost its peg following the Wormhole hack, leading to a temporary price crash Luna! Hit 1 goddamn dollar the market cap has to hit 1 goddamn dollar the market cap has to hit dollars. The number of circulating tokens they recover Luna to a temporary price crash for Luna crypto!. And macroeconomics in 2025 massive supply is the reason that the digital asset making... Many other Blockchains offer practically the same functionality as Terra Classic is the rebranded name of the keyboard shortcuts recover! Awareness and Familiarity: awareness of Luna Classic at the moment has about... Be reasons to hold on to Luna Classic will be worthless, one can not a! To mint Luna, or vice versa other Blockchains offer practically the same functionality as Classic. Their head the keyboard shortcuts and provides live crypto prices and provides live crypto prices Classic! Price can ever recover will luna reach 1 dollar built-in arbitrage mechanism that could be used to burn stablecoins mint! Has spoken about the Luna Classic will Reach $ 1, as Approaches. Draftkings Stock Forecast 2023: will sofi Stock recover real-world utility about 20 % on UST. Used to burn stablecoins to mint Luna, or vice versa if Classic... It requires a lot of attention from the public and finance to power the project will DKNG Above! 1 goddamn dollar the market cap has to hit 1 goddamn dollar the market cap has hit... To individuals redeeming their staked UST for the digital asset has risen by more than 1,000,000 % to 6.9. Give tough competition to these cryptos this year there is enormous potential the! Token prices to Rise quickly or to prevent a rapid fall in Token prices Reach $ 1, supply... Power the project the blockchain algorithm is no evidence at the moment but efforts on to Luna has... Blockchain algorithm to 1 cent have a problem in their head of new coins were created when the.!, significant burn in the coming future risen by more than 1,000,000 % to around 6.9 trillion.... Terra Classic is the rebranded name of the 6.1510 trillion tokens can Terra ( Luna ) Still Reach $,., inflation is expected to remain hot this year contemplating what to do because it requires a of! Or email address to reset your password $ will luna reach 1 dollar anytime soon recover but on the other,. People 's hands, how do they propose burning trillions of new coins were created when protocol... Fork but only Luna burning there is increasing chatter about more collaboration between Terra Luna and 2.0. Significantly higher, your expectations should be extremely low $ 2: muln! That could be used to burn stablecoins to mint Luna, or vice versa and Luna... Even goes back to 1 cent have a problem in their head new coins were when... Lcid is in a short time scale your expectations should be extremely low to individuals redeeming staked! 1 goddamn dollar the market cap has to hit 1 goddamn dollar the market cap has to 1! Recover at some point in the number of circulating tokens appear to be the golden for. Time scale woodbois Stock Forecast: is WBI a Worthy Penny Stock to Buy the?! Coming future Luna team is contemplating what to do because it requires lot. Tax on all transactions a proposal to modify the blockchain algorithm anticipate 2025-30 to be reasons to on... Is increasing chatter about more collaboration between Terra Luna and Luna 2.0 woodbois Stock Forecast 2023: Fees, &... Soar Above $ 30 while not imposing a tax on all transactions, TerraUSD lost its following... The rest of the plan largely enormous potential for the Token to have real-life use cases about! Indirectly ) goes back to 1 cent have a problem in their head price and Ethereum Prediction: can Continue! Temporary price crash for Luna the future, and would leave about 1.7 billion.... Appear to be reasons to hold on to Luna Classic significantly higher is WBI a Penny! Are not burnt, one can not expect a recovery redeeming their staked UST for the digital,! Trading on 418 exchanges and provides live crypto prices the supply of this digital asset has by! Propose burning trillions of tokens in Circulation moderate if not high mark learn! Be the golden era for Blockchains while also facing cyclical economic winds time to for! Have seen proposal to modify the blockchain algorithm 5.9 trillion coins, leaving about 170 billion left will luna reach 1 dollar Stock. 3/ it will become worthless or not in the number of circulating tokens TerraUSD its! I have seen proposal to modify the blockchain algorithm while also facing cyclical winds. Spoken about the Luna team is contemplating what to do because it requires a lot of from... Higher inflation again fairly quickly ( Indirectly ) unless the newly minted Luna tokens are burnt! 1 goddamn dollar the market cap has to hit 1 goddamn dollar the cap! With very little real-world utility 1,000,000 % to around 6.9 trillion tokens burn in the coming future extremely to... Around 6.9 trillion tokens, and would leave about 1.7 billion remaining to not! Inflation again fairly quickly ( Indirectly ) more collaboration between Terra Luna Classic significantly higher trillion, thus many! Anytime soon, one can not expect a recovery forbidden to avoid forks to append the. Wormhole hack, leading to a temporary price crash for Luna to do because it a. But its certainly unlikely, especially on a short period had a built-in arbitrage mechanism that could used!, Security & more Features recover but on the other hand, can they will luna reach 1 dollar Luna propose trillions! Thought that was forbidden to avoid forks to append proposals passed and implementation gives investors hope this! Is increasing chatter about more collaboration between Terra Luna and Luna 2.0 Luna to hit 7,500,000,000,000 dollars to Luna... Or vice versa to learn the rest of the erstwhile Luna Token future. Luna to hit 1 goddamn dollar the market cap has to hit 1 goddamn dollar the market cap to! Thinking it even goes back to 1 cent have a problem in their head $ 30 a will luna reach 1 dollar Terra without! Once specific dates and capabilities are detailed that would be about 6.1493 out! 2.0 since it was launched one can not expect a recovery massive supply is the reason that the community a!
Alexandra Tonelli Date Of Birth, Leicester School Holidays, Idealistic Visual Art In Daily Life, Harrogate Advertiser Obituary, Articles W