Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
Home»EXCHANGE NEWS»LUNC Stuns With 300% Rise, Can It Reach Previous ATH Market Cap?
EXCHANGE NEWS

LUNC Stuns With 300% Rise, Can It Reach Previous ATH Market Cap?

By Crypto FlexsDecember 7, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
LUNC Stuns With 300% Rise, Can It Reach Previous ATH Market Cap?
Share
Facebook Twitter LinkedIn Pinterest Email

Terra Classic (LUNC) price has been on a downward trend recently and has outperformed almost every cryptocurrency on the market over the past month. The price rose more than 300% in 30 days, pushing its market capitalization past $1.5 billion once again. As the coin continues to outperform, it becomes more likely that it will return to its previous all-time high market capitalization.

LUNC price hits one-year high.

Following the collapse of Terra in 2022, the price of LUNC (then known as LUNA) plummeted from over $100 to less than $0. This continued through last year, especially with LUNC supply increasing to over 6.5 trillion.

As the price fell, the market capitalization also fell. However, given the price recovery so far, a surge in market capitalization is not surprising. However, there is still a long way to go from the all-time high market capitalization of $45 billion achieved in 2021.

Now, if LUNC regains its all-time high market capitalization once again, it will see a significant increase from its current price. However, it is still far from the ATH price of $120. With a market capitalization of $40 billion, the price of an altcoin is only about $0.007.

This means that it will rise more than 10 times the current price. However, it is still very low compared to the previous price and the price of the new LUNA token, which was launched in 2023 and is already trading above $1.

Token price breaks $0.0002 | Source: LUNCUSDT on Tradingview.com

Can Terra Classic beat its previous ATH?

The LUNC community has implemented a burn plan to reduce the amount of tokens in circulation. This resulted in billions of tokens being taken out of circulation in less than a year. According to data from the LuncMetrics website, 83.77 billion tokens have been burned so far since the 2022 burn plan was introduced. However, this is only a reduction in the total token supply, which is in the trillions.

Despite this, the community continues to burn tokens to drastically reduce circulating supply. Over the past seven days, just over 5.2 billion LUNC tokens have been sent to burn addresses, reducing supply slightly.

The LUNC price is already far from regaining its former glory, but the coin still has a long way to go. If the bull market continues to perform well, a return to the $0.01 level is possible. As the cryptocurrency industry grows, it becomes more likely that the top coins will surpass the $100 billion market cap, signaling a brighter future for altcoins.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Will Cardano (ADA) step back and push the bear back low?

August 22, 2025

Ether Lee’s price retreat, a market for watching $ 4,200 for the next movement

August 19, 2025

Bitcoin Price is a 4% slide after a strong rally?

August 16, 2025
Add A Comment

Comments are closed.

Recent Posts

Crypto liquidation exceeds $ 900m after the Fed Chair ‘s jackson hole speech.

August 26, 2025

What happened in Crypto today

August 26, 2025

BitMine Immersion (BMNR) Reigns as the #1 ETH Treasury in the World, 2nd Largest Crypto Treasury Globally and the 20th Most Liquid US Stock, Trading $2.8 Billion per Day on Average

August 25, 2025

Gamdom Launches Next-Level Sportsbook Experience

August 25, 2025

NE-YO Partners With Neura To Transform Entertainment With Emotional AI

August 25, 2025

Mine BTC Daily With Okalio Mining, Allowing You To Earn Steady Profits Without Investing In Equipment!

August 25, 2025

HKGAI And FLock.io Partner To Advance Decentralised AI For Government Efficiency

August 25, 2025

BNB chain overtakes polygons with NFT sales on the 7th.

August 25, 2025

Distributed financial introduction

August 24, 2025

SANTIMENT says that Fed Rate Talk Signals Signals problems arise.

August 24, 2025

Ethereum Breaks $4,750 Support As Pepeto Crosses $6,287,248 In Presale Funding

August 23, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Crypto liquidation exceeds $ 900m after the Fed Chair ‘s jackson hole speech.

August 26, 2025

What happened in Crypto today

August 26, 2025

BitMine Immersion (BMNR) Reigns as the #1 ETH Treasury in the World, 2nd Largest Crypto Treasury Globally and the 20th Most Liquid US Stock, Trading $2.8 Billion per Day on Average

August 25, 2025
Most Popular

Pro-crypto super PAC Fairshake received $4.9 million from the Winklevoss twins.

February 21, 2024

The trader said DeFi and other cryptocurrency sectors are significantly ahead and will update his Bitcoin outlook.

February 20, 2024

AI will be used to create personalized stories in ‘Space Nation’ crypto game

February 8, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.