Exchange LUNA (LUNA) | SwapSpace Exchange Aggregator (2024)

FAQs

How do I exchange old Luna coins? ›

The most reputable exchanges that support the trading of LUNA 2.0 are Pionex, Binance (for non-U.S. investors) and Crypto.com. Unlike some platforms, these exchanges let users send and receive cryptocurrency from their exchange wallets.

If you're looking to swap LUNA, SwapSpace is your one-stop-shop. We have some light reading for you - in case you'd want a refresher on what is LUNA or some fresh information about LUNA's price movements.

Luna 2.0 Price Prediction for 2022

LUNA 2.0 is currently $2.44 per coin.

The bottom line—can Luna recover? Luna's all-time high market cap was about $41 billion, meaning that the price of LUNC would have to increase by over 39x to match it. This is not impossible, but it's unlikely, especially since we're in the middle of a strong crypto bear market.

The old Luna will be replaced by Luna 2.0, completely severing ties with the failed stablecoin. But the old Luna will not disappear completely, it will simply co-exist with the new and improved Luna 2.0. Holders of the old Luna, now renamed Classic, and UST will be given part of the 1 billion new tokens.

The old Luna coin can still be traded, but under a new name, called Luna Classic.

Luna Coin is not currently supported across Coinbase's vast ecosystem. There are still ways you can find a way to buy Luna Coin.

By 2031, its Terra Luna coin price prediction anticipates it to climb to $0.0004. Terra Classic is expected to see a gradual climb and hit $0.002 in 2028. According to its LUNA coin price prediction for 2030, the cryptocurrency is expected to reach $0.003 that year.

Still, from the same source, the forecast of LUNA prices in mid-2022 could touch 170 USD. While the predictions from the other experts say that LUNA can pass the average price level of 130 USD in 2022, the minimum projected value of the token trading price could be 131.15 USD at the end of this year.

Is Luna coming back to 1 dollar? ›

For LUNA to reach $1, the market capitalisation would have to reach $7 trillion, assuming the existing supply remains unchanged. Given that the whole crypto market capitalisation peaked at $3 trillion, this is now unachievable.

LUNC may reach $1 in 2023, but predictions are not entirely optimistic. There are a lot of facts that will affect it and change the way that currency adjusts to the market. However, new investors have much wiser options for investment. There are new cryptos that have impressive potential to grow in years to come.

Several market experts are still bullish on the future of LUNA and expect the token to recover in the future. Although many believe that the UST will take some time to be pegged, it is likely to recover sooner.

Terra Luna Classic price prediction 31 Jan 2023: Terra Luna Classic's price for 31 Jan 2023 according to our analysis should range between $9.50 to $10.93 and the average price of LUNC should be around $10.22.

Despite their striking similarities, LUNA Classic and LUNA 2.0 are not the same. The Terra network has been divided into two chains under the new governance plan. Terra Classic with Luna Classic tokens (LUNC) will be the old chain, whereas Terra with LUNA tokens will be the new chain called LUNA 2.0.

The ticker for Terra Classic, or the LUNA (old) token, has since been renamed as LUNC. Please rest assured that trades for Terra 2.0 (LUNA) will not be affected. For further information, please refer to the following: Binance Will Support the Terra Network Airdrop.

Binance announced the burn of 5.59 billion Luna Classic tokens and permanently removed them from circulation.

Luna Classic's price today is US$0.0001682, with a 24-hour trading volume of $200.61 M. LUNC is -1.32% in the last 24 hours. It is currently -4.92% from its 7-day all-time high of $0.0001769, and 19.47% from its 7-day all-time low of $0.0001408. LUNC has a circulating supply of 6,011.96 B LUNC.

Even though LUNC pumped by more than 5% recently, price predictions are not so great. According to them, LUNC will trade between $0.000294 in 2023 and $0.001258 in 2030. Looking at the table above, we can see predictions say LUNC is unlikely to hit $1 anytime soon.

What would it take for Luna to recover? ›

The only way for Luna to recover to a price of $80 would be to burn enough Luna tokens to bring the circulating supply back down to around 350 million.

Luna Classic will take at least 54 years to burn through enough supply until a $1 price is within range. You'll see why this is the case by looking at the market cap needed for LUNC to reach $1 at present: $0.001 price – $6 billion market cap. $0.01 price – $60 billion market cap.

Terra Price Prediction 2024

As per the LUNA 2.0 price prediction 2024, the coin may trade with average prices of $3.23 and a potential low of $2.34. The potential high of Terra might be around $4.11 in the same period.

Current Marketcap of Luna is 308,333,605USD. So Luna can definitely reach more than 10 USD, and with that marketcap would just be above 1.1Billion.

There is optimism that LUNA 2.0's price, which is already over the $5.0 mark at press time, will remain there as developer and user interest in the network continues to grow.

The only way for the LUNA price to recover to anywhere close to its former high over $100, would be to burn large amounts of the LUNA circulating supply from the 6.5 trillion today, back to somewhere near the 350 million it was before the crash.

The sudden crash of the Terra Luna ecosystem was a black swan event that had severe consequences for not only its investors but the crypto ecosystem at large. Many investors lost their entire life savings which were parked in Terra coin, a stablecoin with a market capitalisation of over $18 billion before the crash.

The Risks of Investing in Terra Luna

The immediate risks of investing in Terra Luna are clear: the project failed dramatically in May. Around $40 billion in value was wiped from Luna (now Luna Classic) and TerraUSD (TerraClassicUSD) during the catastrophic collapse earlier this 2022.

Coinpedia is, however, not so optimistic about the future of Luna Classic. It predicts that LUNC will be traded as high as $0.002846 and as low as $0.001094 in 2025. Its average price in the said year will be $0.001776.

According to the technical analysis of Terra prices expected in 2022, the minimum cost of Terra will be $1.76. The maximum level that the LUNA price can reach is $2.25. The average trading price is expected around $1.83.

Will Shiba Inu coin reach $1? ›

Unfortunately, not even the most optimistic punters believe that's realistic, and therefore, the only way to reach that price is to reduce supply. It's unlikely that novelties like the metaverse will result in the 99.99998% reduction in supply Shiba Inu would need to mathematically send the price to $1.

Its average trading cost during the said year will be around $7.46, with a potential ROI of 384%, they added. Telegaon too is very bullish in its assessment of the future of LUNA, with its maximum and minimum prices in 2025 being $52.39 and $69.18.

Terra Classic (LUNC) price is expected to reach $0.000524 by 2025.

LUNA's 2030 Predictions

The average price of LUNA in the said year will be $50.24, with a potential ROI of 3,140%.

Luna is the Terra protocol's native staking token. Luna is used for governance and in mining. Users stake Luna to validators who record and verify transactions on the blockchain in exchange for rewards from transaction fees.

Can LUNC return to $1, some might ask? Well, given the current LUNC price of around $0.000014, LUNC would need to post a nearly 750,000% return to do so. Given the current token supply of 5.966 trillion, if each token was worth $1, that would imply LUNC reaching a market capitalization of $5.966 trillion.

Luna Coin is not currently supported across Coinbase's vast ecosystem.

If the trading pair gets delisted, that would mean users can no longer trade LUNA for USDT on Binance.

Fellow Binancians, Binance has removed all LUNA and UST trading pairs on Binance Convert due to the recent volatility of the assets.

According to the Digital Coin Price source, LUNA may be a profitable investment. In 2023, the Terra crypto's price may be at the level of $204.73. In 2025, the rate should not change so much; however, LUNA's price still might jump to $307 if the market conditions are favorable enough.

Why can't I withdraw Luna from Binance? ›

This is caused by network slowness and congestion. Binance will reopen withdrawals for these tokens once we deem the network to be stable and the volume of pending withdrawals has reduced.