The Luna cryptocurrency (currently known as Luna Classic or LUNC) witnessed one of the most shocking moments in the history of digital currencies. In May 2022, the original Terra ecosystem collapsed after the stablecoin UST lost its peg to the dollar, causing the price of Luna to plummet from over $80 to less than one cent within days. The burn mechanism designed to regulate supply failed when the system faced immense selling pressure.
After the collapse, the project was divided into:
Terra Classic (LUNC), which suffered from significant supply inflation.
Terra 2.0, a new network without a stablecoin linked to the dollar.
🔥 Burning mechanism: Growth power… or just hope?
The idea of burning was part of the original Terra model to regulate supply. However, during the collapse, selling pressure led to an increase in supply instead of stabilization, resulting in a price crash. After the split, the Terra Classic community initiated an ambitious burning campaign to reduce the amount of circulating tokens—over 402 billion tokens burned since May 2022.
Major platforms like Binance participate in burning, helping to increase scarcity and restore confidence in the currency. However, the burn rate remains very slow compared to the total supply of around 5–6 trillion tokens.
📈 Price performance and future forecasts
Today, LUNC is trading at a very low price of around $0.00005, with significant market volatility.
🔹 Conservative forecasts (price analysis platforms)
Some analyses predict that the price of LUNC will remain below $0.0001 until 2025, with a possibility of reaching a peak price in 2025 of around $0.000129.
Other forecasts suggest a range in 2025 from $0.00003 to $0.00008.
🔹 More ambitious forecasts
Some previous reports predicted the price would rise by the end of 2025 to about $0.000831 (if improvements succeed and burning continues effectively). They anticipated a larger increase by 2030 to about $0.0037.
🔹 Very optimistic and long-term scenario
In a very optimistic future “Bull Case” scenario over two decades, the currency could rise from $0.001 to $0.01 by 2044 if the community achieves massive success in burning and attracting real use cases for the network.
📊 Summary for investors
✅ Strength Point: Continuous burning and contributions from major platforms like Binance create hope for long-term price improvement.
⚠️ Weakness Point: Lack of real use cases and a weak burn rate compared to the total supply. Prices may remain low for a long time without an increase in demand.
📌 Potential forecasts:
🟠 Realistic: In 2025, the price may range between $0.00003 and $0.00013.
🔵 Moderate ambition: If demand increases and burning continues, it could reach $0.0008 or more in the next few years.
🟢 Long-term ambition: The “Bull Case” scenario extends over two decades and may see the currency in the range of $0.001–0.01 only in the case of significant changes in demand and projects on the network.
📌 Summary: Investing in LUNC remains a high-risk endeavor. Burning gradually reduces supply and may support the price, but real success requires increasing demand through building real projects and attracting users. Cautious investors are advised to carefully assess risks and not rely on forecasts unsupported by strong fundamentals.
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