It's highly improbable for LUNC (Terra Classic) to reach $1 in 2024, given the current circumstances. Here are some reasons why:

1. **Massive Supply**: With a total supply of around 6.83 trillion LUNC, reaching $1 would imply a market capitalization of nearly $6.83 trillion, which is vastly larger than the entire current cryptocurrency market.

2. **Market Demand**: For LUNC to reach $1, there would need to be an enormous and sustained demand, far beyond what is realistically expected within a year.

3. **Burn Mechanisms**: While there are ongoing burn initiatives to reduce the total supply, it would require an extremely significant reduction in supply and a simultaneous surge in demand to approach a $1 price point.

4. **Market Conditions**: Even if the broader crypto market experiences a strong bull run, LUNC would need extraordinary developments to support such a price increase.

5. **Speculative Nature**: Cryptocurrencies, especially ones like LUNC, are highly speculative, making such a drastic price increase within a year very unlikely.

While crypto markets can be unpredictable, the realistic outlook suggests that LUNC reaching $1 in 2024 is unlikely without dramatic changes in supply and demand dynamics.