🔥 $LUNC Reality Check — Clearing Up the $119 Myth

A lot of people still insist: “$LUNC once touched $119, so it can return there!”

But that belief is based on a misunderstanding. Here’s the real story 👇

💡 The token that reached $119 wasn’t LUNC — it was the original $LUNA .

Back in those days:

• Total supply was around 350 million

• UST was stable, supporting the ecosystem

• The entire Terra infrastructure was functioning smoothly

Then everything unraveled — the UST depeg triggered massive hyperinflation, minting trillions of tokens and collapsing the network.

What happened next:

🔹 The former LUNA was rebranded to LUNC

🔹 A new chain launched as LUNA 2.0

👉 Today’s LUNC never had a $119 all-time high.

Its actual ATH is roughly $0.00059.

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🚀 Could LUNC ever see $1… or even higher?

With the current multi-trillion supply, a $1 valuation would require a multi-trillion-dollar market cap, which is far beyond realistic expectations.

That could only change with:

🔥 Extreme supply reduction

🔥 Massive user and ecosystem expansion

Growth is possible — but unrealistic fantasies are not.

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💡 Bottom Line:

Old LUNA ≠ LUNC

Small supply made the huge price run possible.

Enormous supply later crushed the value.

Always choose research over hype. 🔍

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