LUNC Price Prediction 2023: Will It Hit $0.0005 Soon?

• Terra Classic (LUNC) is a cryptocurrency launched by Do Kwon’s Terraform Labs in 2019.
• Current market status of LUNC is $0.00016217 with 24-hour trading volume of $45,659,197.
• Terra Classic (LUNC) price prediction 2023 is that the price might reach up to $0.0005 soon.

What is Terra Classic (LUNC)?

Terra Classic (LUNC) is one of the cryptocurrencies that can never be forgotten by the crypto community. The wild crash of this token is a major catastrophic story of the 2022 bear market. Terra Classic (LUNC) was launched by Do Kwon’s Terraform Labs in 2019. The old version of the blockchain, Terra Classic, was launched as a proof-of-stake (PoS) blockchain built on Cosmos SDK and Tendermint. LUNC existed as a collateral token that backed a family of decentralized stablecoins of the Terra ecosystem. Terra ClassicUSD (USTC) is Terra’s algorithmic stablecoin that was backed by LUNC. Later, in order to regain their spot in the market, Do Kwon and the Terra team came up with the creation of a new blockchain devoid of the algo-stablecoin and launched the new coin called Terra (LUNA).

Terra Classic (LUNC) Current Market Status

Current Price: $0.00016217
24 – hour trading volume: $45,659,197
24 – hour price change: 0.7% down
Circulating supply: 5,915,234,135,150
All – Time High: $119.18 (On April 05, 2022)

Terra Classic (LUNC) Price Prediction 2023

Terra Classic holds the 55th position on CoinGecko right now according to its chart pattern it may reach resistance levels of $0.00018731 and $0