Wrapped Luna (WLUNA) is a token on the Ethereum Mainnet thats intended to represent Terra (LUNA) on this blockchain. 1/ This should be obvious, but the claim that I cashed out $2.7B from anything is categorically false. Even though it cant be traded freely, staked LUNA is never owned by a validator. What is most crucial for the LUNA 2.0 token is to attract more capital infusions and bring in more investors, by constantly expanding in a phased manner. They predict a minimum price of $0.22 and a maximum of $0.27 in 2025. The worst performing year for Wrapped LUNA Classic was 2022 when the price dropped by -100.00% from $85.43 to $0.000143. Trading Risk Disclaimer: There is a very high degree of risk involved in trading securities. 2023 Capital Com SV Investments Limited. DigitalCoinPrices wrapped LUNA price prediction for 2030 expected the token to have inched up to an average price of $0.00221. This makes WBTC tradeable on both Ethereum and Tron blockchains. Blockchain network Terra was founded by South Korean developer Do Kwon. 0.000147USD today. It incentivizes trading between Luna and stablecoins when it needs to Coin Name: Wrapped LUNA Token: Coin Symbol: WLUNA: USD Price: $ 0.00014647: Price Change (1 H)-4.5 % : Algorithm-based forecasting service Wallet Investor provideda bullish WLUNA price prediction on 16 December 2022.Based on its analysis of past price performance, Wallet Investor predicted that WLUNA could tradeat an average price of $60 in a years time. Wrapped Luna Classic (WLUNC) Price Prediction: Should You Buy WLUNC? We sometimes use affiliate links in our content, when clicking on those we might receive a commission at no extra cost to you. Source: LUNA Classic Price Prediction, CWLive. By the same token, a Polygon fee must be covered when wrapping LUNC on the Polygon network. Called WLUNA, the token was launched on Ethereums network as one of the ERC-20 coins a utility coin that allows LUNA to reach out to one of the biggest ecosystems in the cryptocurrency industry. Contrary to the new chain, Terra Classic supports fiat-pegged algorithmic stablecoins such as TerraClassicUSD (USTC). Wrapped Tokens have a similar value as that native token. It is not LUNA, but a separate ERC-20 token that tracks LUNAs value. However, it is a different ERC token, not LUNA, that is designed to track the value of LUNA. Wrapped Luna Classic is wrapped to the Terra Luna Classic cryptocurrency and can be used on the Ethereum Blockchain. This forecast isn't updated for some reason: missing data or revoked WLUNA, which had been trading at about $84 at the end of April 2022, fell over 60% to about $30 in the first 10 days of May. Terra is a blockchain protocol that uses stablecoins cryptocurrencies that are backed by real-world assets, in this case, fiat currencies in order to power global payment systems that have the advantage of featuring stable prices. The Wrapped LUNA Classic price prediction sentiment is currently bearish, while Fear & Greed Index is showing 50 (Neutral). By using this website you agree to our terms and conditions and privacy policy. The sites wrapped LUNA token price prediction alsosuggested that WLUNA could reacha price of $0.00189 in five years time. Will Wrapped LUNA Token price drop? Wrapped LUNA Classic like virtually every other cryptocurrency is prone to considerable price fluctuations. It would all depend on maintaining trust in the minds of investors. Wrapped LUNA Token Overview. The Terra ecosystem members crash was triggered by the long-expected fall of the Terra UST which had witnessed a marked decline due to it being depegged, leading to mass market volatility and extreme UST dumping. Whether the price of Wrapped LUNA Classic will be downward in future? Between 74-89% of retail investor accounts lose money when trading CFDs. Thus, reaching $10 is a practically impossible target for Wrapped Luna unless it increases its utility in the future. Keep track of your holdings and explore over 10,000 cryptocurrencies. WLUNC to USD price is updated in real-time. Investing is not suitable for everyone; ensure that you have fully understood the risks and legalities involved. However, in early May 2022, the Terra Classic ecosystem collapsed after UST depegged to trade at about $0.02 by the end of the month. While not directly Luna tokens, these cryptocurrencies are all related and this likely helped drive awareness. WebWrapped LUNA Token has shown very strong potential lately and this could a be good opportunity to dig right in and invest. For example, WBTC is a wrapped token of BTC and has the same value as that Bitcoin. The LUNA classic token is the native cryptocurrency of the Terra Classic blockchain. Wrapped Luna (WLUNA) is an Ethereum based token that serves as a blockchain representation of Terra (LUNA). expected to be around +171644117.69%. Whether you should invest in WLUNA is a question that you will have to answer for yourself. They can still withdraw their tokens at any time, but if they keep them locked for a certain period, depending on the project, they can receive rewards in exchange for offering their tokens. The price of Wrapped LUNA Token on the date of writing the article is $0.000162 USD, up 41.19 percent in the previous 24 hours. This brief guide has everything you need to know about the Wrapped Luna token, including whether and where to buy Wrapped Luna if you choose. On April 5, cryptocurrency coin Terra (LUNA) reached its all-time high of $119.18, but today it lost 95% of its value and is trading at $1.25 at time of writing. WebThe live Wrapped LUNA Classic price today is $0.000160 USD with a 24-hour trading volume of $91,837.87 USD. At Walletinvestor.com we predict future values with technical analysis for wide selection of digital coins like Wrapped LUNA Token. WLUNA was created to allow LUNA holders to trade, hold, and participate in decentralized finance (DeFi) dApps on Ethereum. When it comes in the search results, press it to access the purchasing screen. LUNA price chart via eToro Platform. The old and new chains operateseparately and existin parallel to each other. Our Ai cryptocurrency WebWrapped Luna (WLUNA) is an Ethereum token that's intended to represent Terra (LUNA) on the Ethereum blockchain. When will WLUNA price drop? Wrapped LUNA Classic (WLUNC) is a wrapped version of Terra Classic (LUNC) that exists as a separate token on supported blockchains. Wrapped Luna trades will be stopped on May 27th, according to Coinbase, which does not accept Luna. When trading in stocks your capital is at risk. However, price predictions are often wrong. leading social/technological innovations like Facebook, Smartphones, Data, etc.? The LUNA price is now 160 times higher than its low of $0.00000112 on May 13th. That data is not easily available and is nearly impossible to track. On a fundamental view, the company made many partnerships with payment platforms, mainly in the Asia-Pacific region. Currently, Terra Classic (LUNA) holds the rank 213 on TechNewsLeader Price Index with the market capitalization of $863,727,289. The current price of Wrapped LUNA Token is it costs to buy 1 WLUNC token. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. WebWrapped LUNA Token has shown very strong potential lately and this could a be good opportunity to dig right in and invest. To buy WLUNA right now, follow these steps: We suggest eToro because it's one of the world's leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. As mentioned WLUNA is not a standalone cryptocurrency, but it is also not LUNA itself. Contrary to the majority of other cryptocurrencies, which are programmed to have either an uncapped or capped token supply, the supply of WLUNC tokens doesnt follow the same principles. Some links are affiliate links. Heres a quick overview of key facts about Wrapped LUNA Classic and its core blockchain features: Wrapped LUNA Classic is an Ethereum, Polygon, or BSC-based token that tracks LUNCs price. So far Sunday, the crypto has As of 16 December 2022, wrapped LUNA was trading at about $0.0001547. The Terra ecosystem has accepted UST as a stablecoin, making LUNA and UST interchangeable. With a 5-year investment, the revenue is PSNY Stock Forecast: PSNY To Report Its Q4 This Week, Will the Stock Price Surge? estimate can be significantly excessive / unrealistic! Here is what the historical WLUNC price data tells us about key milestones in the tokens price history: For a glimpse into potential future Wrapped LUNA Classic price movements in addition to the WLUNC live price, you can follow our algorithmically generated Wrapped LUNA Classic price predictions that take into account WLUNCs current price and a number of market indicators, including Fear & Greed Index, market sentiment, overall volatility, and more. Past performance is not an indication of future results. Limited exchanges have listed WLunc coins for trading. Wrapped LUNA Classic reached its highest price on Apr 5, 2022 when it was trading at its all-time high of $119.05, while Wrapped LUNA Classic's lowest price was recorded on Jun 25, 2022 when it was trading at its all-time low of $0.00004295. The live Wrapped Luna token price today is $0.000189 with a 24-hour trading volume of just under $9 million. More importantly, LUNA classic tokens were designed to maintain the dollar peg of Terra Classics algorithmic stablecoin terraUSD (UST). Therefore, it is safe to delegate LUNA. By 12 May 2022, WLUNA was valued at less than a dollar. The Wrapped asset with the equivalent value of the native asset is minted. As such, it offers all kinds of protocols that allow users to participate in different activities, from staking, lending & borrowing, yield farming, liquidity mining, and more. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Securities.io is not a registered broker, analyst, or investment advisor. Wrapped tokens are created through a burning and minting process. Luna 2.0, the sister token of the Terra Classic, unlike its predecessor, is not an algorithmically-backed stablecoin, i.e., it does not carry out the pegging process via smart contracts. Neo Price Resumes Uptrend After a BounceWill It Keep Going? to the The project was designed to combine price stability with the wide adoption of fiat currencies with the censorship-resistance of Bitcoin. However, WLUNA/USDs price saw a jaw-dropping fall in early May 2022, as UST began depegging and investors started withdrawing their capital from the Terra ecosystem. 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