The track price coin Luna today always a hot topic, attracting the interest of many investors by the turbulent history of it. After the collapse history, LUNA (now Terra 2.0) still survive with a community and a personal story. This article will guide you how to watch price LUNA accurate, real-time look back at the past and analyze the factors that affect its value at the present time.
See price luna today, how many and where?
To update the price LUNA today quickly and accurately, you can use the source credibility and popular following. Each platform offers a perspective somewhat different from the aggregate data to the transaction price directly.
- CoinMarketCap and CoinGecko: This is a two page data synthesis largest. We provides average prices from multiple exchanges, the price chart LUNA detail, market capitalization, and trading volume.
- The major exchanges: To view transaction prices in real time and the place the order, you should track directly on the floor listed LUNA as Binance, KuCoin, or OKX. The price on the floor, this can be the difference slightly.
Tips: Use CoinMarketCap to have an overview about coin market today. However, let's use the price on the trading platform you are using to have the most accurate numbers when trading.
Luna coin and what is the difference with luna classic (lunc)
Before analysis of the prices, it is important to understand the LUNA coin is and what distinguishes it LUNC. Here are two bronze coin completely different, comes from the same root but have two number parts separately, directly affect the value of them.
- Terra Classic (LUNC): This is a copper coin of chain block Terra original. It has undergone catastrophic collapse in April 5 year 2022 when stablecoin algorithm UST lose peg. It still exists but value has dropped almost to zero.
- Terra (LUNA): After the collapse, the development team has created a string of new blocks is Terra 2.0 and released copper coin is LUNA. Chain block this no longer stablecoin algorithm. Those who hold LUNA the old and the UST was airdrop (distributed) a quality new LUNA.
So, when we talk about price coin LUNA today, we are referring to LUNA's network Terra 2.0 new, not LUNC.
Historical price movements of luna: from the heights to the depths
Price history of ecosystem Terra is one of the stories the most dramatic in the crypto world. It is a valuable lesson about risk and the volatility of the market.
Ago months 5 year 2022, LUNA (now LUNC) is a leading project, there are at peak near 120 USD. It is the backbone for stablecoin UST and attract tens of billions of dollars in capital investment, creating a big rush.
However, the black swan has happened. In just a few days, model algorithm, collapse, UST take the value of 1 USD, and LUNA is hyperinflation. Its price fall from over 80 DOLLARS at near zero, a collapse history.
Copper LUNA new (Terra 2.0) is launched then with a starting price of about 5-6 USD. However, it was quickly discounted. The price chart new LUNA reflects the lack of trust of the market and a long road to rebuild from scratch.
The main factors that affect the price of luna present
Price LUNA today is no longer driven by mechanisms burning and casting with stablecoin as before. Instead, it is influenced by factors speculative and more psychological, making predictions becomes unpredictable.
- Psychological common market: the Price of LUNA is very sensitive to the trend of the crypto market. When Bitcoin and Ethereum price increase, LUNA could have those episodes of slight recovery, and vice versa.
- News related to Terraform Labs: Any news coin today how about the legal or house founded By Kwon are strongly impact investor sentiment and price.
- The development of the ecosystem Terra 2.0: having the new project built on the block chain is the key factor. However, this ecosystem is still very limited.
- Operation of the whale: With low trading volume, the sale and purchase orders from the whale can easily create price movements strong.
The note is extremely important when investing luna
Investment into LUNA at the present time to bring the risk level is extremely high and not for everyone. Here are the things you must remember before considering the price, coin LUNA today:
| Risks | Note |
|---|---|
| Highly speculative | Price LUNA fluctuations are very strong and unpredictable, based mainly on news and psychological rather than a solid foundation. |
| Legal risks | The lawsuit targeted at Terraform Labs and the founder is still going on, can negatively affect future projects. |
| Lost faith | Scars from the crash too big cause the rebuild trust from the community and the developer is a huge challenge. |
| Only invest the amount you're willing to lose | This is the golden rule. See LUNA as a lottery ticket, absolutely not hand or to borrow to invest. |
Tracking price LUNA requires a careful special. Whether tracking tools very available, investors need to understand the context of complex and extreme risks behind copper coin this. LUNA is now a property highly speculative, no longer suited to those looking for stability. To get more perspectives and in-depth analysis of the market, always updated information at Blog Meme Coin.
