Article Coverage: Luna Classic Price Performance, Latest News Updates, Will Luna Classic reach $1 Analysis, Will Luna Classic reach 1 Cent Analysis, Triggers and Barriers, Risks and Concerns
In May 2022, when Terra Foundation’s stablecoin UST lost its peg, Terra Luna crashed from close to $100 to below $1. Since then, Terra Luna has been rebranded as Luna Classic, and the LUNC Community is running it. The Lunc community has been working together to push the price above $1, but the first challenge for the LUNC Community will be to push the price of Luna Classic to 1 cent.
Luna Classic Token – Buy or Sell? Select One
- Nov 2nd, 2024: -27%
- Jan 28th: +13%
- Feb 25th: -46%
- March 24th: -63%
- April 28th: -7%
- May 26th: -7%
- June 26th: -63%
- July 22nd: -10%
- August 6th: -37%
- August 12th: -13%
LUNC Short-Term Analysis
- September 8th: CetoEX, which delisted LUNC following the LUNA/UST crash, announced that it will relist LUNC. The Juris Protocol team was responsible for the relisting.
- Additionally, Orbit Labs announced the successful completion of the wasmd unfork proposal upgrade on the LUNC testnet rebel-2. With this upgrade, the LUNC core codebase is fully compatible with the existing Cosmos ecosystem.
- August 12th: Terraform Labs co-founder Do Kwon may plead guilty years after U.S. prosecutors charged him with fraud and money laundering. The Terraform co-founder initially pleaded not guilty to nine felony counts in January.
- August 6th: Binance continued its monthly LUNC burn program, and for July, Binance burned 440 million LUNC on August 1st.
- Additionally, LUNC proposal #12188 to build, test, and deploy a revised market module solution on the Terra Luna Classic blockchain has passed. This solution will take 60% of the burn tax to create a liquidity pool for LUNC/USTC swaps.
- July 22nd: LUNC is in a critical phase: intensified burns are tightening supply, technicals show potential for a sharp rally, and analyst forecasts point to gradual recovery in the next few years. That said, on-chain data is mixed, and the token remains highly volatile.
Luna Classic Burn Statistics
- Total LUNC Burn (Since May 13, 2022): 417.47B
- Lunc Burned On-Chain: 74.44B (17% of the total burn)
- Lunc Burn Wallet: 343.03 B (83% of the total burn)
So Will Luna Classic reach $1 again? Let us analyze
No, Luna Classic cannot reach $1 even if a larger portion of the Tokens are Burnt
To reach $1, LUNC will need to rise 16,556.29x.
At $1, the target market cap will be approximately $5.51 trillion.
If LUNC grows at 25% annually, it could take around 44 years to reach $1.
Quality of Investment: Poor
Let us analyze these in detail. Bitcoin rose 1400 times higher in 10 years Ethereum rose 166 times higher in 6 years. Both BTC and ETH rose in very different conditions, while Luna Classic is in an environment where there are more than 50 tokens with a Market Cap of a billion.
The aggregate Luna Classic Price Prediction for 2030 is $0.0021. This is significantly lower than the target price of $1.
Is it possible for Luna Classic to reach twice Apple’s Market Cap?
Luna Classic is not an innovator of the Apple mold, nor are their services consumed by billions of people worldwide. We can say with a high degree of confidence that Luna Classic will not reach a market cap of $5.8 trillion.
Can we forecast accurately for 41 years that a Token will grow at 25% every year?
No, no one can forecast the price of a Token 42 years from now. Further, no Token or stock can grow at the rate of 25% every year for 41 years.
Considering growth, market cap, and time factors, we can confidently say that Luna Classic will not reach $1.
Now, let us consider a scenario where 90% of the coins are burnt. If 90% of the Tokens were burnt, to reach $1, Luna Classic must rise 5556 times. At $1, the Market Cap of Luna Classic would be $580 billion. If LUNC’s price were to grow at 25% every year, it would take Luna Classic 39 years to reach $1.
So, even in a 90% Burn scenario, Luna Classic will find it impossible to reach $1. The only hope for a healthy return on Luna Classic Investment is unique and differentiated use cases.
Will Luna Classic Reach 50 Cent?
Luna Classic has a slim chance of reaching 50 cents.
To reach $0.5, LUNC will need to rise 8,278.15x.
At $0.5, the target market cap will be approximately $2.75 trillion.
If LUNC grows at 25% annually, it could take around 41 years to reach $0.5.
Let us evaluate this data
- Quality of Investment– Poor
- Growth required to reach 50 cent– Not Feasible
- Market Cap at 50 cent– Not Feasible
As per Crowdwisdom360 forecast, LUNC is to reach $0.00202 by 2030, which is nowhere close to $0.50. Additionally, even if 90% of the LUNC token is removed from circulation, LUNC is unlikely to reach $0.50. Therefore, considering the Quality of Investment, the growth required, and the time required, LUNC has a moderate chance of reaching 50 cents.
Will Luna Classic Reach 1 Cent? The Math
Yes, Luna Classic can reach 1 cent if 75-90% of the Coins are burnt
For LUNC to reach 1 cent, it would need to increase by a factor of 131. At 1 cent, Luna Classic’s Market Cap will be $54.8 billion. If LUNC were to grow at a rate of 25% each year, it would take about 22 years to reach 1 cent.
Let us evaluate this data
- Quality of Investment– Poor
- Growth required to reach 1 cent– Not Feasible
- Market Cap at 1 cent– Not Feasible
The aggregate Luna Classic Price Prediction for 2030 is 0.2 cents. This is lower than the target price of 1 cent but it is feasible with some burn. Therefore, considering the Quality of Investment, the growth required, and the time required, LUNC has a moderate chance of reaching 1 cent.
Compare whether Luna Classic is a better or worse investment option than other Cryptocurrencies
Will Luna Classic Reach $1, 1 Cent: Triggers and Barriers
Terra Luna Classic (LUNC) is a cryptocurrency governed by the Luna Classic community. The success of LUNC is dependent on the execution of its development plans, which include infrastructure and technology upgrades. This, in turn, will drive up the demand for Luna Classic Tokens. Secondly, to increase the price of LUNC, its supply must be reduced through the burn mechanism implemented by Binance.
There are numerous concerns around the Terra Luna Classic
- Luna Classic has no definitive leadership structure. Though Bitcoin also lacks a well-designed leadership architecture for LUNC it will be difficult to survive without leadership.
- A large number of volunteers have contributed over the years but internal politics and even attempts to defraud have been problematic
- As a consequence, it is unclear what the vision is around Terra Luna Classic. Will they remain DeFi-focused? Will they differentiate from other major players like ETH and XRP?
- Community efforts have completely focused on the Luna Classic Burn tax rather than the direction of LUNC itself
Check out other LUNC price targets using the calculator below
What is Terra Luna Classic?
Terra Luna Classic was relaunched in May 2022 as Luna Classic (LUNC) after Terra Foundation’s UST stablecoin collapsed. In response to the crisis, Terra Foundation introduced a new blockchain and token, Terra LUNA (2.0), and rebranded the original LUNA token as Luna Classic, giving greater control to its community. The value proposition of LUNC is currently limited, primarily sustained by its community and an aggressive token burn program. However, LUNC is undergoing technological improvements, which might improve its investment profile.
Factors influencing Luna Classic’s price include use cases, macroeconomic conditions, and competition from other cryptocurrencies. The expansion of use cases is slow, and the ecosystem is relatively thin compared to its previous stature in the DeFi space. Strong community support is a plus, but challenges include emerging tokens with better use cases, the limited impact of the burn program, community conflicts, and the need to attract top DApps and creators amidst stiff competition.
Will Luna Classic Reach 1 Cent? Conclusion
With the current momentum, it is unlikely for Luna Classic to reach 1 cent in 2025. However, there are higher chances of LUNC reaching 1 cent in the next few years. LUNC may reach 1 cent even before Shib Inu. Considering the mathematical calculation, LUNC may reach 1 cent in the next 11 years provided the price rises 50% annually.
Luna Classic Past Developments
- March Updates: WESO World announced the launch of WESO DeFi in Q2 2025, a decentralized exchange designed to enhance the Luna Classic ecosystem by improving liquidity, trading options, and accessibility. The Luna Classic community rejected a proposal to establish a sub-DAO system comprising four specialized DAOs focused on security, marketing, documentation, and mediation. Additionally, a vote is underway to reclassify TerraUSD from a stablecoin to a meme coin, acknowledging its lost peg and limited recovery prospects. LuncLive, a LUNC validator, received an additional 114 million LUNC, bringing its total staked amount to 36.9 billion, making it the 8th largest validator globally. Binance conducted its 31st LUNC burn event, removing 760 million LUNC from circulation, contributing to a total of over 50 billion LUNC burned so far.
- February Updates: Bybit announced that it will support the Terra Classic (LUNC) v3.4.0 network upgrade. The daily LUNC burn has fallen. Binance burned 736,000,000 Terra Luna Classic (LUNC) in its 30th LUNC Burn Mechanism. This is the lowest burn since the mechanism started. $87,923 in trading fees was collected between Dec 31 and Jan 30. As of now, 400 Billion LUNC have been removed from circulation.
- January 2025: Luna Classic Node has announced a bug bounty program for LUNC, though the bounty amount has not been disclosed. Do Kwon, co-founder of Terraform Labs, pleaded not guilty to U.S. fraud charges during a hearing in Manhattan. Binance completed its 28th burn of Terra Luna Classic (LUNC) tokens. In its 28th LUNC burn, Binance removed 1.72 billion $LUNC worth around $170K.
Note: Please consult a registered investment advisor to guide you on your financial decisions.
