Frequently Asked Questions Luna
- Is Luna Classic (LUNC) a good investment? Considering the developer commitment and recent price surge in November 2023, LUNC can be a good investment in 2023. However, do not invest more than you can afford to lose because cryptocurrencies are volatile and LUNC survived a major crash in 2022.
- Will LUNC reach $1 dollar? It is highly unlikely for LUNC to reach $1 dollar anytime as of November 2023. Even though the project introduced token burning to reduce its supply, reaching $1 is highly improbable.
- Is LUNC related to LUNA? No, LUNC is not related to LUNA tokens directly. They have the same parental blockchain but their value is not dependent on another and they operate as separate tokens on separate blockchains.
- Are LUNA and LUNC the same? No, LUNA and LUNC are not the same cryptocurrencies. LUNA is the cryptocurrency of the new Terra Luna 2.0 blockchain and Luna Classic (LUNC) is the cryptocurrency of its old blockchain
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Timeline
Dec 03, 2023Proposal created
Dec 03, 2023Proposal vote started
Dec 06, 2023Proposal vote ended
Dec 06, 2023Proposal updated