LUNC Coin: A Fallen Star?
LUNC, formerly known as LUNA, is the native token of the Terra Classic blockchain. It's had a rough ride. Once a high-flyer, it crashed dramatically in May 2022 when the TerraUSD (UST) stablecoin lost its peg to the US dollar.
Here's a quick rundown:
Price: Currently around $0.00015, a far cry from its all-time high of $119.02.
Purpose: LUNC is used for governance and network operations on Terra Classic.
Future: Uncertain. The Terra Classic blockchain is still functional, but its future utility is unclear.
Should you invest? LUNC is a high-risk, high-reward investment. Its price could rebound, but it could also remain low. Do your research before investing. #write2earn….