Terra Luna Classic (LUNC) Price

$0.00004239735747282028

15m

Terra Luna Classic (LUNC) Price Today

The live price of Terra Luna Classic is 0.00004239735747282028 USD. In the past 24 hours, the trading volume of Terra Luna Classic was 12,864,525.16 USD, down by -1.20%. The current price has decreased by -5.15% from its 7-day high of 119.18 USD, and increased by 0.000000999967% from its 7-day low of 0.00004151 USD. With a circulating supply of 6,470,606,338,160.81 Terra Luna Classic, the market cap of Terra Luna Classic is currently 327,615,223.00 USD, down by 0% in the last 24 hours. Terra Luna Classic currently ranks #264 by market capitalization among cryptocurrencies.

Terra Luna Classic (LUNC) Market Data

Market Cap

$234.6M

24h Volume

$12.8M

Circulating Supply

5.4T LUNC

Maximum Supply

Fully Diluted Market Cap

$277.4M

Liquidity Indicator

5.48%

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FAQ

About Terra Luna Classic (LUNC)

How can I buy Terra Luna Classic (LUNC)?

Buying Terra Luna Classic (LUNC) on BingX is simple and secure. Create an account, deposit USDT or another supported asset, and purchase Terra Luna Classic (LUNC) directly in the Spot Market. The tokens will then appear in your BingX Spot Wallet, ready for trading or transfer at anytime. Discover How to Buy LUNC Guide for more information.

What Is Terra Classic (LUNC) and How Does It Work?

Terra Classic (LUNC) is the original native token of the Terra blockchain that continued operating after the Terra ecosystem collapse and network fork in May 2022. Following the failure of the algorithmic stablecoin TerraUSD (UST), the original chain was renamed Terra Classic, and its native token became LUNA Classic (LUNC). Today, Terra Classic exists as a community-driven blockchain maintained by independent validators, developers, and token holders.

Terra Classic operates as a proof-of-stake (PoS) Layer-1 blockchain, where validators secure the network by staking LUNC tokens and producing blocks. Users can delegate their LUNC to validators to earn staking rewards while helping secure the chain. The network also supports smart contracts and decentralized applications (dApps), though on a smaller scale compared to its pre-collapse ecosystem.

LUNC’s current economic model focuses on community governance and supply reduction. A portion of transaction fees is burned permanently, reducing the total token supply over time. Token holders can participate in on-chain governance by voting on proposals that shape protocol upgrades, burn mechanisms, and ecosystem development, making Terra Classic a fully community-governed blockchain as of December 2025.

What Is Terra Classic USTC, and How Is It Related to LUNC?

TerraClassicUSD (USTC) is the legacy stablecoin of the original Terra blockchain, designed to maintain a 1:1 peg with the US dollar through an algorithmic mechanism. Before the 2022 collapse, USTC relied on a mint-and-burn relationship with LUNA to stabilize its price. When UST lost its peg in May 2022, the system failed, leading to hyperinflation of LUNA and the eventual rebranding of the original network as Terra Classic.

USTC remains active on the Terra Classic blockchain and is closely linked to LUNC, which now serves as the network’s staking, governance, and fee token. While USTC no longer maintains a stable dollar peg, it is still traded on secondary markets and used in some community-driven recovery proposals. Any future attempts to restore or rework USTC would require governance approval and are inherently tied to LUNC holder voting within the Terra Classic ecosystem.

When Did Terra Classic Launch?

Terra Classic traces its origins back to the original Terra blockchain, which was launched in April 2019 by Terraform Labs, co-founded by Do Kwon and Daniel Shin. The network was built to support algorithmic stablecoins, with LUNA acting as the core utility and stabilization token. In May 2022, following the collapse of TerraUSD (UST) and the resulting loss of market confidence, the ecosystem underwent a hard fork. The original chain was renamed Terra Classic, and its native token became LUNA Classic (LUNC), while a new Terra chain (LUNA 2.0) launched separately. Since then, Terra Classic has continued as a community-governed blockchain, maintained by independent validators and contributors.

Terra Classic Roadmap Highlights

- Ongoing LUNC supply reduction through on-chain burn mechanisms

- Continued staking, validator upgrades, and network security improvements

- Governance proposals to refine tokenomics and fee structures

- Incremental support for dApps and infrastructure tools on Terra Classic

- Long-term focus on sustainable community development and decentralization

What Is the LUNC Token Used for?

LUNC is the core utility token of the Terra Classic blockchain. It is used for staking to help secure the network, paying transaction fees, and participating in on-chain governance, where token holders vote on proposals related to protocol upgrades, burn mechanisms, and ecosystem funding. LUNC is also central to the network’s token-burn model, as a portion of transaction fees is permanently removed from circulation to reduce total supply over time.

You can trade LUNC tokens on the BingX spot market by accessing supported trading pairs such as LUNC/USDT. Simply create and verify your BingX account, deposit funds, and place market or limit orders to buy or sell LUNC in real time.

What Is Terra Classic Tokenomics?

Terra Classic (LUNC) tokenomics reflect its status as a legacy, community-driven blockchain following the 2022 Terra ecosystem collapse. LUNC has a very large total and circulating supply, measured in the trillions of tokens, due to the hyperinflation event that occurred during the UST depeg. Unlike many newer crypto projects, LUNC does not have a fixed hard cap, and its supply dynamics are now primarily managed through community governance and burn mechanisms rather than minting schedules.

A key pillar of LUNC tokenomics is supply reduction through token burning. A portion of on-chain transaction fees is automatically burned, permanently removing LUNC from circulation. In addition, centralized exchanges and community initiatives have contributed to large-scale burns over time. While these burns do not guarantee price appreciation, they are designed to gradually reduce circulating supply and improve long-term token economics.

LUNC also follows a proof-of-stake (PoS) model, where token holders can stake LUNC with validators to earn staking rewards. Staked LUNC supports network security and gives holders governance rights, allowing them to vote on proposals related to fees, burns, validator parameters, and ecosystem development. As of December 2025, Terra Classic operates with no new inflationary issuance, making burns, staking participation, and community governance the core drivers of its tokenomics.

Why Did Terra Classic (LUNC) Crash?

The Terra Classic (LUNC) crash occurred in May 2022 after the ecosystem’s algorithmic stablecoin, TerraUSD (UST), lost its intended 1:1 peg with the US dollar. UST relied on an automated mint-and-burn mechanism with LUNA to maintain price stability. When large UST sell-offs caused the peg to break, the system began minting massive amounts of LUNA in an attempt to restore balance, triggering a hyperinflationary spiral that rapidly destroyed LUNA’s value.

As confidence collapsed, LUNA’s circulating supply expanded from millions to trillions within days, wiping out tens of billions of dollars in market value. The failure exposed structural weaknesses in algorithmic stablecoins under extreme market stress, leading to a hard fork of the network. The original chain was renamed Terra Classic, with LUNA rebranded as LUNC, while a new Terra blockchain launched separately, leaving Terra Classic as a community-governed legacy network.

How Is LUNC Different From LUNA?

LUNC (Terra Classic) and LUNA (Terra 2.0) are tokens from two separate blockchains that emerged after the Terra ecosystem split in May 2022. LUNC belongs to the original Terra blockchain, now called Terra Classic, which continues to operate as a legacy, community-governed network. It retains the original chain’s history, validator set, and token supply structure, including its large circulating supply and token-burn mechanisms.

LUNA, on the other hand, is the native token of the new Terra blockchain (Terra 2.0), which launched after the collapse to rebuild the ecosystem without the failed algorithmic stablecoin. Unlike LUNC, LUNA has a redesigned tokenomics model, a significantly lower supply, and a fresh development roadmap focused on new dApps and ecosystem growth. As a result, LUNC and LUNA trade independently and serve different purposes despite sharing a common origin.

Which Wallets Support LUNC Tokens?

One of the easiest and most secure ways to store LUNC tokens is directly on BingX. By keeping LUNC in your BingX account, you benefit from exchange-level security, fast access to the spot market, and seamless trading without needing to manage private keys. This option is especially convenient if you actively trade or plan to buy and sell LUNC using pairs like LUNC/USDT on the BingX spot market.

For users who prefer self-custody, LUNC is supported by several non-custodial wallets compatible with the Terra Classic network. Popular options include Terra Station, Trust Wallet, Keplr Wallet, and compatible hardware wallets such as Ledger when connected through supported interfaces. These wallets allow you to store LUNC securely, stake tokens with validators, and participate in on-chain governance while retaining full control of your private keys.

Is Terra Classic (LUNC) a Good Investment?

Terra Classic (LUNC) appeals to some investors as a high-risk, speculative asset driven by strong community involvement and ongoing supply-reduction efforts. The network remains active with staking, governance, and continuous token burns that gradually reduce circulating supply over time. For traders, LUNC’s low unit price and high liquidity can create short-term trading opportunities, especially during periods of increased market interest or burn-related news. However, due to its legacy risks and past collapse, LUNC is generally considered suitable only for investors who understand its volatility and are comfortable with higher risk.

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Frequently Asked Questions about LUNC (Terra Luna Classic)

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Disclaimer:

Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.

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