Terra Luna coin Attracts Treasure Seekers to the Depths Like the Titanic

3개월 전

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Along with its companion stablecoin TerraUSD, the Terra blockchain's flagship coin was declared defunct. However, it was never truly dead. It recently joined the peculiar group of tokens whose dollar value is located a number of places past the decimal point adjacent to $0.

With a new version of Luna, the Terra community is attempting to move forward. "Luna Classic" has replaced "Old Luna" (LUNC). Which is actually quite humorous. Comparing the Titanic to a "classic" cruise liner is absurd. However, for many years, divers have ventured into the dark Atlantic to look for Titanic artifacts.

Undeniably, degens of the cryptocurrency world are scuba diving far to the right of that decimal point in pursuit of riches from Luna Classic.
According to CoinMarketCap, the coin still had a market cap of around $500 million as of Tuesday and a daily trade volume close to $100 million. Unsurprisingly, social media pumpers are already giving LUNC the "to the moon!" rocket ship emoji treatment.

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Consider previous trends over Shiba Inu and Dogecoin, which, according to CoinGecko, rose from a low of $0.00006002 in 2015 to over 73 cents in 2021 — a tidy gain of almost 840,000 percent. Some traders are drawn to currencies this cheap.

Even if Luna Classic finally fills in all zeros to the right of that decimal point, its current price of roughly $0.00006002 suggests there may still be trading profits to be made in the interim.

However, this coin brings back memories of calamity rather than evoking amusing dog pictures or perhaps some nihilistic YOLO risk-taking. Thus, it's possible that even true Lunatics will find it difficult to understand its value as a meme coin.

The real question is can it reach 1 cent in 2022 i think it will $$$$$$

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