2023-12-05 19:57:28

Terra Classic (LUNC) price has been going through the roof lately, and in the past month, it has done better than almost every other cryptocurrency. This has caused its market cap to rise above $1.5 billion again. Its price has gone up over 300% in 30 days. As the coin continues to do better, it becomes more likely that it will reach its all-time high market cap again.

The price of LUNC breaks a one-year high.

As soon as Terra fell apart in 2022, the price of LUNC (then called LUNA) dropped from over $100 to less than $0. This has been going on for a year now, even though the amount of LUNC has grown to over 6.5 trillion.

The market cap has dropped along with the price. While prices have been going up, the rise in market cap is not a surprise. But it is still a long way from its all-time high market cap of $45 billion, which it hit in 2021.

We now know that if LUNC reached its all-time high market cap again, its price would go up a lot compared to now. It will still be a long way from its all-time high price of $120.00, though. The altcoin would be worth about $0.007 at a market cap of $40 billion.

Its price would go up by more than 10 times this amount. There will still be a big difference between this price and the price of the brand-new LUNA token, which came out in 2023 and is already trading above $1.

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TOKEN5.92%

LUNA-2.86%

LUNC1.2%

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