13-08-20241 min read
Luna Classic (Terra) price (LUNC)
Buy Luna Classic (Terra)-
--Past 24h
Data provided by CoinGecko
What is Terra Luna Classic (LUNC)?
LUNC went through a death spiral from $119 to $0.0002 and relaunched as LUNA 2.0. Terra Luna was a decentralised blockchain protocol for algorithmic stablecoins. The purpose of Terra was to function as a financial Ecosystem. Although Terra had many different ways of using it, the coin was most commonly used for enabling payments in stablecoins. Stablecoins are cryptocurrencies that are linked to a fiat currency such as the Dollar or Euro. In contrast to other cryptocurrencies, these coins hardly change in value. The Terra protocol made it possible for these stablecoins to follow the price of the corresponding fiat currency. This enabled users of Terra stablecoins to spend, save and trade them directly. Compared to current bank transactions, Terra offered lower transaction fees and completed transactions in seconds.
Historic ROI
1 year
-21.60%
3 years
-100.00%
5 years
-99.95%
Price (Month)
Lowest
€0.0000883
Highest
€0.000167
Luna Classic (Terra) Market
Marketcap
€592 Million
Circulation
5.5 Trillion
Volume 24h
€76 Million
Dominance
0.02%
Trustpilot
Since 2019
The Terra company had been founded in 2018 by Daniel Shin and the now infamous Do Kwon. In 2019, Terra Luna's mainnet was launched. Terra Luna slowly began until 2021, when the Terra ecosystem began to run.
LUNA 2.0
The death spiral caused the value of LUNC to fall by 99.99999%. A historic moment in crypto history. Nevertheless, the creators of LUNC have made a relaunch with LUNA 2.0
Trending
Despite the death spiral, LUNC's volume is still trending. Precisely because of its extremely low entry point, LUNC has become a trending topic among extreme speculators. The coin is often high on the day trader list.
When is a good time to get in?
Luna Classic (Terra) statistics from the last 24 hours
24h ago
-
24h highest price
-
24h lowest price
-
24h difference
-
Why buy Terra Luna Classic via Anycoin Direct?
Through Europe's most trusted crypto partner you can trade digital currencies easily, quickly, and securely.
Personal attention
Do you have questions about crypto or one of our services? You can call, email or start a live chat.
Trustworthy since 2013
Anycoin Direct has been in existence since 2013 and is registered with the Dutch Central Bank.
Pay with ease
Anycoin Direct supports all popular payment methods. Always pay simply, quickly and securely.
Current crypto prices
Coin
Current price
24h difference
Chart
Buy
Latest news about Luna Classic (Terra)
14-06-20241 min read
31-05-20241 min read
More info about the price of Terra Luna (LUNC)
To the top
Until May 2022, Terra Luna was doing pretty well. Multiple variants of Terra-stablecoins entered the market and soon the coin made its way up the lists. At one point, Terra Luna Classic was a top 5 coin in terms of market cap. At its peak, Terra Luna Classic was worth $119 dollars.
Death Spiral
Between 7 and 8 May, Terra Luna went into a death spiral. A terrible moment in crypto history. The LUNA-UST stablecoin system was disbalanced while enormous numbers were swapped. The stablecoin peg lost its dollar value, even more LUNA was 'minted', even more UST was burned etc. This cycle got bigger and bigger until the value of Terra Luna Classic dropped all the way down.
Add Terra Luna Classic to your portfolio
Anycoin App
Crypto Partner of Heroes Den Bosch