๐ฅ
$LUNC Reality Check โ Clearing Up the $119 Myth
A lot of people still insist: โ
$LUNC once touched $119, so it can return there!โ
But that belief is based on a misunderstanding. Hereโs the real story ๐
๐ก The token that reached $119 wasnโt LUNC โ it was the original
$LUNA .
Back in those days:
โข Total supply was around 350 million
โข UST was stable, supporting the ecosystem
โข The entire Terra infrastructure was functioning smoothly
Then everything unraveled โ the UST depeg triggered massive hyperinflation, minting trillions of tokens and collapsing the network.
What happened next:
๐น The former LUNA was rebranded to LUNC
๐น A new chain launched as LUNA 2.0
๐ Todayโs LUNC never had a $119 all-time high.
Its actual ATH is roughly $0.00059.
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๐ Could LUNC ever see $1โฆ 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:
๐ฅ Extreme supply reduction
๐ฅ Massive user and ecosystem expansion
Growth is possible โ but unrealistic fantasies are not.
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๐ก Bottom Line:
Old LUNA โ LUNC
Small supply made the huge price run possible.
Enormous supply later crushed the value.
Always choose research over hype. ๐
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