The original Terra LUNA currency, which was left over following the recent UST/Luna collapse and the creation of a new Terra chain, is known as LUNA Classic. Kwon’s recovery strategy involved building a brand-new chain where all future transactions would occur. The Terra and LUNA Classic chains were created from the original chain.
The new chain will be called Terra (sometimes referred to as LUNA 2.0), and the native token is LUNA Classic (LUNC).
Terra Luna 2.0 Fundamental Analysis
Do Kwon has created Terra 2.0 as a regeneration method, which is the most recent iteration of Terra (LUNA). The objective is to suggest a fork of the Terra blockchain and an airdrop to cryptocurrency investors who the recent market decline has negatively impacted. The main objective of the new Terra ecosystem project is to rebuild trust in this stablecoin.
According to Terra 2.0’s rules, cryptocurrency investors who bought more than 10,000 LUNA before this stablecoin suffered catastrophic damage periodically receive extra LUNA tokens. It will aid in preventing the immediate sale of Terra 2.0. Over 300% of LUNA tokens held by crypto investors will be released all at once, with the remaining 70% distributed over two years.
How Does LUNA 2.0 Work?
A conventional Proof-of-Stake (PoS) consensus mechanism is employed to verify transactions on the Terra 2.0 cryptocurrency network. At any given time, 130 validators participate in the network consensus, with voting privileges according to the number of LUNA 2.0 linked to each node. Rewards are generated using gas surcharges and a yearly 7% LUNA 2.0 inflation rate.
Holders of LUNA 2.0 tokens can participate in consensus by transferring their tokens to a validator of their choosing. Like delegates, validators typically make their own claim. As a result, under this arrangement, the validation node maintains a fee before giving out incentives to delegators.
Terra 2.0 coin delegators produce different incentives based on the validator’s voting strength. As a result, payments for delegators must be distributed over a larger group of delegators even though individuals with higher voting power naturally get more benefits.
The Terra Station interface can be used for delegation, although there is a risk involved. As an illustration, bad behavior by validators may result in the slicing of staked LUNA 2.0. Even if the validators are momentarily erroneously turned off, slashing is still possible.
LUNA 2.0 Price Analysis
Terra Luna Classic (LUNC), also known as LUNA 2.0, launched in April 2019. According to CoinMarketCap, the coin was trading at $1.26 at that time.
After that bullish starting-off price, LUNC was not stable; in fact, the price fell and reached a low of approximately $0.20 with slight increases here and there. It wasn’t until 2021 that LUNC’s price started to increase drastically. In January of 2021, LUNC was trading at $1.26, and the price continuously increased with time until it reached $99.72, the price that LUNC ended 2021 at.
LUNC started off 2022 on a good note and quickly reached its all-time high of $116.11. After that, the coin fell dramatically, and from its all-time high, it reached its all-time low of $0.00001675. Currently, LUNC is trading at $0.0002713.
Crypto Academy Terra Luna Classic Price Prediction
Based on LUNC’s previous price history, we came up with the following price prediction for 2025
Crypto Academy Terra Luna Classic Price Prediction January 2025
We expect that Terra Luna Classic might reach a maximum price of $5.23 in the month of January, a minimum of $4.19, and an average price of $5.01.
Crypto Academy Terra Luna Classic Price Prediction February 2025
By February 2025, we at Crypto Academy predict that LUNC might reach a maximum price of around $5.89, a minimum of $4.98, and an average price of $5.13.
Crypto Academy Terra Luna Classic Price Prediction March 2025
In March 2025, we predict that LUNC might increase further and eventually reach a maximum price of $6.12, a minimum price of $5.72, and an average price of $5.99.
Crypto Academy Terra Luna Classic Price Prediction April 2025
By April 2025, we at Crypto Academy predict that Terra Luna Classic might reach a maximum price of $6.46, a minimum price of $5.98, and an average price of $6.14.
Crypto Academy Terra Luna Classic Price Prediction May 2025
By May 2025, we expect LUNC to increase slightly compared to April 2025. Therefore, the maximum anticipated price for this month is around $6.95, with a minimum of $5.00 and an average price of $6.45.
Crypto Academy Terra Luna Classic Price Prediction June 2025
In June 2025, we predict that Terra Luna Classic (LUNC) might reach a maximum price of $7.16, a minimum price of $6.89, and an average price of $6.59.
Crypto Academy Terra Luna Classic Price Prediction July 2025
By July 2025, Crypto Academy predicts that LUNC might end the month at a maximum price of $7.87, a minimum price of $7.10, and an average price of $7.69.
Crypto Academy Terra Luna Classic Price Prediction August 2025
By the end of August 2025, we at Crypto Academy predict that the maximum price of LUNC might be $8.26, the minimum price of $7.87, and an average price of $8.14.
Crypto Academy Terra Luna Classic Price Prediction September 2025
By September 2025, we predict that LUNC might end the year at a maximum price of $8.91, a minimum price of $8.00, and an average price of $8.47.
Crypto Academy Terra Luna Classic Price Prediction October 2025
We at Crypto Academy predict that LUNC might end the month of October at a maximum price of approximately $9.32, a minimum price of $8.96, and an average price of $9.17.
Crypto Academy Terra Luna Classic Price Prediction November 2025
By November 2025, we at Crypto Academy predict that LUNC might reach a maximum price of $9.90, a minimum price of $8.92, and an average price of $9.65.
Crypto Academy Terra Luna Classic Price Prediction December 2025
We expect that Terra Luna Classic (LUNC) might end the year 2025 on a good note and reach a maximum price of $10.27, a minimum price of $9.82, and an average price of approximately $10.20.
How To Buy Terra Luna Classic?
We will show you how you can buy LUNC in Binance in a few simple steps.
Step 1: Open An Account
The first step you need to take if you want to buy LUNC in Binance is to open an account. You can open an account by using a username and a strong password.
The next step is to verify your account by using a valid ID.
Step 2: Fund Your Account
The next step is to fund your account. Binance offers you a number of options in how you can fund your account, which are as follows:
- Credit/Debit Card
- Bank Deposit
- P2P Trading
- Third-Party Payment
Enter the amount you want to deposit, and then follow the next steps.
Step 3: Buy LUNC
The third and final step is to buy LUNC.
Simply enter the amount of LUNC you want to purchase and press BUY.
Frequently Asked Questions (FAQs)
Is LUNC a good investment?
LUNC is considered to be a good investment when looking at its previous price history. However, this is not financial advice, and we recommend that you conduct your own research before investing in any coin.
What will LUNC be worth in 2025?
According to our prediction, LUNC might reach a price of $10.27 by the end of 2025. However, this is not necessarily correct, and you should not consider this as financial advice.
Takeaways
- Following the recent UST/Luna collapse, a new Terra chain was created and is known as LUNA Classic.
- Do Kwon has created Terra 2.0 as a regeneration method, which is the most recent iteration of Terra (LUNA).
- A conventional Proof-of-Stake (PoS) consensus mechanism is employed to verify transactions on the Terra 2.0 cryptocurrency network.
- According to our prediction, LUNC might reach a price of $10.27 by the end of 2025.
Disclaimer: The information provided on this page is most accurate to the best of our knowledge; however, subject to change due to various market factors. Crypto-Academy encourages our readers to learn more about market factors and risks involved before making investment decisions.