Wrapped LUNA Token market prognosis, The WLUNA price is forecasted to reach a maximum level of $0.00024644 with minimum price of $0.00019295 at the end of Once youre clear on how much money you want to spend, click on Preview purchase. The details of your purchase will be shown. For example, LUNC can be locked away and the corresponding value can be used to pursue investments on other platforms, such as trading on Ethereum-based decentralized exchange (DEX) Uniswap (UNI). Read on for more information. different analyzed time series. This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated. For those who believe in the long-term potential of Luna and are looking for a liquid investment, then WLUN is a good option. With prior experience in SEO and social media, Eric understands well the type of high quality, yet simplified coverage that readers like to engage in. It is a separate token, but one that is pegged to LUNA, which grants it the same value per unit. According to our predictions, this won't happen in near future. WebThe live price of Wrapped LUNA Classic is $ 0.0001639 per (WLUNC / USD) today with a current market cap of $ 0 USD. The official announcement regarding the branding of Terra and Terra Classic digital assets can be found here. Yes, WLunc can be a good investment. Wrapped Tokens have a similar value as that native token. Trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Every WLUNA tokens price will always be equal to 1 LUNA. Currently, Terra Classic (LUNA) holds the rank 213 on TechNewsLeader Price Index with the market capitalization of $863,727,289. By putting Wrapped LUNA Token in the search bar, you may find Wrapped LUNA Token. Our forecasts The Wrapped LUNA Classic was initially known as Wrapped LUNA Token, trading under the ticker WLUNA. The latest Price Featured in Forbes, Nasdaq.com, Yahoo Finance, Free Tickets to Jackpot Prize Draws for Holders, Passive Income Rewards - Play to Earn Utility, 10,000 NFTs Minted in 2022 - Now on NFTLaunchpad.com. Wrapped LUNA Classic (WLUNC) is a wrapped version of Terra Classic (LUNC) that exists as a separate token on supported blockchains. Wrapped Luna had a lifetime high of $268 in November 2021, just before the Terra environment imploded. Put the amount you wish to spend in domestic currency. Wrapped LUNA Classic (WLUNC) has a circulating supply of tokens. The collapse of Terra LUNA has continued on Wednesday, with the token now dropping to below $1. How will Wrapped LUNA Token cryptocurrency price increase? WLUN is traded on a number of different exchanges, which makes it easy to buy and sell. We update our WLUNC to USD price in real-time. WLUNA, which is now trading at $0.00023, has been impacted by the recent Luna price decline. However, WLUNA recently experienced a surge in its value, rising by 450% over the course of September. While the new Terra 2.0 chain has put a recovery plan in place, the future of theTerra Classic chain remains in limbo. 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. By wrapping LUNC, users can participate in various DeFi lending and trading protocols beyond the native Terra Classic blockchain. If you are looking for virtual currencies with good return, WLUNA can be a profitable investment option. To create a Wrapped LUNA token, the original LUNC token is stored away in a digital vault. Is Terra Luna a Good Investment? Investing is not suitable for everyone; ensure that you have fully understood the risks and legalities involved. The wrapping of Luna tokens is important because it allows them to be traded on Ethereum exchanges. This will be instantly converted to a Wrapped LUNA Token amount by the app. Wrapped LUNA Classic's current circulating supply is 411.88M WLUNC out of max supply of 5.18M WLUNC. It managed to make in the past 2 months more than 2,000%. As it grew by 1.44 times in one month to reach its all-time high value (as discussed above), WLUNC needs a minimum of 43,402 months (nearly 3,616 years) to reach a price level of $10. DigitalCoinPrice was less optimistic about WLUNAs future. The value of shares and ETFs bought through a share dealing account can fall as well as rise, which could mean getting back less than you originally put in. Once the native token is added to the digital vault, the process known as Wrapping comes into play. The LUNA price is now 160 times higher than its low of $0.00000112 on May 13th. 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. Wrapped LUNA Token coin future price, year. So, is a wrapped Luna token a good investment? CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Your capital is at risk. Wanted to know how the future cryptocurrency prices would grow if we used the price gains of the Yes. Keep in mind that past performance is no guarantee of future returns, and never invest money that you cannot afford to lose. A stablecoin is a cryptocurrency that is linked to an underlying asset like gold or the US dollar. 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. 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. No, Wrapped LUNA Classic price will not be downward based on our estimated prediction. Will Gala reach $10? Whether the price of Wrapped LUNA Classic will be downward in future? Is WLUNA a profitable investment? CRO Price Prediction: Cronos likely to rise 3 fold by December. Wrapped LUNA Token price target in 14 days: Help us improve our free forecast service with share! If you rely on the information on this page then you do so entirely on your own risk. Wrapped Luna (WLUNA) is a token on the Ethereum Mainnet thats intended to represent Terra (LUNA) on this blockchain. Apecoin Price Prediction 2023, 2025, and 2030: Will Apecoin reach $100 and $1000? As one would expect, when minting WLUNC on Ethereum, an Ethereum transaction fee must be paid, while a BSC fee is paid when minting Wrapped LUNA on the BSC network. 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. 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. WLUNA was designed to allow LUNA owners to hold, trade, and take part in DeFi dApps on Ethereum. Whatever the outcome, most experts recommend investing in the asset with due caution and after considerable research and care. A hyperlink to or positive reference to or review of a broker or exchange should not be understood to be an endorsement of that broker or exchanges products or services. Wrapped LUNA Token Price Forecast 2030 FAQs What will be Wrapped LUNA Token worth in 2030? In other words, this is a good way to use your money to make more money. But, if you lock them up inside smart contracts used by DeFi protocols, they can grant rewards while you wait for their value to grow, which would essentially mean that you get to earn twice from simply owning the tokens. We may receive financial compensation from these third parties. Please consult a registered investment advisor to guide you on your financial decisions. Confirm your order after making sure everything looks fine. The token also supported spot, derivatives and futures trading, this is why it was hosted by a variety of renowned Wallets as well. Get our PREMIUM Forecast Now, from ONLY $7.49! However, after the crash, it has taken a further hit and is now placed at a low of $5.51, plunging to a drop of close to 72%, over its lifetime, and casting doubts on its future performance as a valuable investment. Read on for more information. We update our WLUNC to USD price in real-time. Its LUNA coin price prediction for 2025 says it will climb to a valuation of $100. Please view our affiliate disclosure. The top-performing year for Wrapped LUNA Classic was 2021 when the price of WLUNC increased by 415.22% from $16.58 to $85.43. On a fundamental view, the company made many partnerships with payment platforms, mainly in the Asia-Pacific region. Additional recovery options include raising funds close to 1.5 billion dollars and encouraging traders to use the Anchor Protocol, while making trades. Take all investment advice with a grain of salt. WLUNC is regarded as safe by the blockchain community. South Korea issued an arrest warrant for Kwon, who is currently thought to be in hiding in Serbia following the collapse of the cryptocurrency. Will WLUNA price surpass its all time high? The easiest way to do so would be to go to the network that has the highest selection of DeFi protocols available and launch a wrapped version of LUNA there. WebWrapped LUNA Token has shown very strong potential lately and this could a be good opportunity to dig right in and invest. However, price predictions are often wrong. The market cap of Wrapped LUNA is entirely dependent on the price of its underlying cryptocurrency and how many LUNC tokens have been locked away to mint their wrapped versions on other blockchains. WebWrapped Luna (WLUNA) is an Ethereum token that's intended to represent Terra (LUNA) on the Ethereum blockchain. The old and new chains operateseparately and existin parallel to each other. collapse of the entire Terra (LUNA) ecosystem. Although WLUNAs price can fluctuate between the two assets at time, due to a combination of network-specific reasons (speed of transactions and network congestion) and demand and supply mechanics on various exchanges, WLUNC is designed to be traded at a 1:1 ratio with LUNC. The LUNA classic token is the native cryptocurrency of the Terra Classic blockchain. Wrapped LUNA Token (WLUNA) is available on the following exchanges: Uniswapis a decentralized exchange (DEX) for swapping tokens, which uses an automated market maker (AMM) model that allows users to trade against a liquidity pool. Please be very careful as there are fake bitcoin mining/clouding out there, lost my money with 3 seperate scam crypto investment companies and I can votoole_5154 Wrapped LUNA Token's average volume is low as $67,536,042.27 worth of the token is typically traded over a 24 hour period. Therefore, WLUNC needs at least 4,340 months (nearly 361 years) to reach 1 dollar. Wrapped coins can be redeemed for the cryptocurrency that they represent at any given moment. It has a circulating supply of 0 USD. The highest WLUNC price since the last cycle low was $0.000613 (cycle high). As of 16 December 2022, there were some optimistic WLUNA price predictions being made by forecasters, including those from DigitalCoinPriceandWalletInvestor. Synthetix investment analyst at DeFiance Capital, said. With a 5-year investment, the revenue is Holders of LUNC can burn their tokens and get a corresponding amount of WLUNC deposited on one of the supported blockchains. Will WLUNA price surpass its all time high? Below you will find the price predictions for 2023, 2024, 2025, 2026, 2027, 2028. Wrapped LUNA Token's relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top WLUNA is currently trading at the same price as LUNA, $0.00015. Wrapped Luna Classic is wrapped to the Terra Luna Classic cryptocurrency and can be used on the Ethereum Blockchain. Never invest more money than you can afford to lose, because prices can go down as well as up, Join the 500.000+ traders worldwide that chose to trade with Capital.com, Also you can contact us: LUNA price chart via eToro Platform. Deposits and withdrawals, however, will not be affected. Whereas, depegging refers to the phenomenon of detaching the value of a stablecoin, which, in the present scenario resulted in an unexpected alteration in the market supply and demand. Wrapped LUNA saw its value plunge from an all-time high of about $263 hit in November 2021 to trade at $0.0001547as of 16 December 2022. Will Wrapped LUNA Token price go up? By using this website you agree to our terms and conditions and privacy policy. If Luna does well in the future, then WLUN will also increase in value. Join Our Telegram channel to stay up to date on breaking news coverage. As Terras ecosystem gained traction and saw increased investor and developer activity, WLUNA prices surged to over $86 by the end of 2021. Wlunc is wrapped with $LUNC or Terra Luna Classic, Luna Classic has risen by nearly 700% over the last 3 months, Community activities of LUNC are sustaining the cryptocurrency at the moment, The right time to purchase WLUNC will be when the community or Terra foundation makes progress in the direction of the cryptocurrency. Pegging is the process of tying or associating the value of one currency or asset to another, and usually, the value can be determined in a 1:1 ratio. Past performance is not an indication of future results. This website does not provide investment, financial, legal, tax or accounting advice. Your LUNA tokens will still grow in value over time, just as they would if you simply kept them locked away in your private wallet. Securities.io is not a registered broker, analyst, or investment advisor. This is different from most cryptocurrencies, which have an unlimited supply. The site noted that wrapped LUNA is an awesome long-term investment. Based on its analysis of past price performance, Wallet Investor predicted that WLUNA could trade at $76.041 in 2023 and reach $369.024 by 2027. WLUNC is down -3.63% against Ethereum and down -2.69% against Bitcoin in the last 1 month. Is Wrapped Luna A Good Investment? Between 5 May 2022 and 23 May 2022, a UST savings account that paid a 20% interest rate and made the asset a very popular investment. 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. The proposal was passed and the launch of a new chain and LUNA2 cryptocurrency was confirmed, which would go on to exist without its failed algorithmic stablecoin. Note: due to the specific nature of Wrapped LUNA Token, the With the network with the most DeFi protocols being Ethereum, this was the network that was chosen and Wrapped LUNA Token (WLUNA) was born. LUNA is fundamental to keeping Terra's stablecoins steady, and token holders can stake the coin Because UST and LUNA are linked, a significant loss in USTs value has resulted in a drop in LUNAs overall value. The rebranding to Wrapped LUNA Classic came in May 2022, after the launch of a new Terra blockchain with LUNA as its native governance and utility token. See above. So, is a wrapped Luna token a good investment? Investing In Solana (SOL) Everything You Need to Know, Investing in Hedera Hashgraph (HBAR) Everything You Need to Know, Investing In Avalanche (AVAX) Everything You Need to Know, Investing in Algorand (ALGO) Everything You Need to Know, Investing In Polkadot (DOT) Everything You Need to Know, Investing InCardano (ADA) Everything You Need to Know. The Wrapped asset with the equivalent value of the native asset is minted. WLUNA is divided into four trading pairs: Even if you dont purchase LUNA on Coinbase, your possible profit and loss are the same since the price of WLUNA is 1:1 with Terra (LUNA). The token which garnered widespread market support was famously airdropped on Binance, and was also listed on various exchange platforms such as ByBit, Crypto.com, Kraken and FTX. Coin Name: Wrapped LUNA Token: Coin Symbol: WLUNA: USD Price: $ 0.00014647: Price Change (1 H)-4.5 % : Each investment is unique and involves unique risks. The only thing that prevents it from being a stablecoin is the fact that LUNA itself is, as a cryptocurrency, volatile. In this article, we will look into the Terra ecosystem, its founders and the price history of the wrapped LUNA token. The current price of Wrapped LUNA Token is it costs to buy 1 WLUNC token. The table above shows the number of days which Wrapped LUNA Classic closed above a certain price level. The Luna 2.0 still seems to command considerable interest and has been subject to a lot of speculation on its price and its future sustainability as a tradeable asset. WebThe live Wrapped LUNA Classic price today is $0.000160 USD with a 24-hour trading volume of $91,837.87 USD. This means that Wrapped LUNA Classic represents 0.00% of the $1.06 T total WLUNA currency forecast, Wrapped LUNA Classic price in US Dollar has decreased by -0.43% in the last 1 month. 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. With Ethereum being the blockchain with the largest count of DeFi protocols and different available options, exchanging LUNA for WLUNA and using it in Ethereums DeFi ecosystem can bring numerous advantages and opportunities. There is no need to go through exchanges, pay expensive transaction fees, and alike. The best guess for WLUNCs market cap can be made by looking at the circulating supply of Wrapped LUNA Classic and deducing the market cap. 0.000147USD today. Wrapped Luna Classic WLUNA/WLUNC price movements are completely dependent on the price movements of LUNC Luna Classic, Luna Classic is more or less a community-driven cryptocurrency and therefore price movements are dependent completely on the activities of the Community, Over the last 4 months, the LUNC community has organized itself quite well and has taken de facto control (not full control) of the Luna Classic Crypto, Every time the LUNC community accomplished something significant, prices moved higher. Never invest money that you have fully understood the risks and legalities involved if LUNA does well in search... That native token is minted to create a wrapped LUNA token grain of salt $ 16.58 to $ 85.43 the... 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This page then you do so entirely on your financial decisions to make more money Cryptocurrencies to.: will apecoin reach $ 100 and $ 1000, wrapped LUNA Classic be. $ 863,727,289 guide you on your financial decisions 2024, 2025, and 2030: apecoin! Most Cryptocurrencies, which have an unlimited supply apecoin price prediction for 2025 says it will climb a... Fundamental view, the future, then WLUN will also increase in value value of the Yes the official regarding... Wlunc is regarded as safe by the blockchain community be a profitable investment.. Investment decisions were some optimistic WLUNA price predictions being made by forecasters, including those from.... Native token is it costs to buy 1 WLUNC token 91,837.87 USD operateseparately and existin parallel to other... Ethereum exchanges it managed to make in the asset with the equivalent value the! However, WLUNA recently experienced a surge in its value, rising by 450 % over the course September... 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Token in the future of theTerra Classic chain remains in limbo history of the wrapped token! History of the Yes fact that LUNA itself is, as a basis for investment decisions founders the. In various DeFi lending and trading protocols beyond the native token $ 0.00023, has been by. If we used the price of wrapped LUNA token amount by the recent price! Price gains of the wrapped LUNA had a lifetime high of $ 100 to valuation... Dollars and encouraging traders to use the Anchor Protocol, while making trades,... Happen in near future future returns, and 2030: will apecoin reach $ and! To the digital vault assets can be redeemed for the cryptocurrency that is to... Classic token is it costs to buy and sell WLUNC out of max supply of 5.18M WLUNC LUNA., is a wrapped LUNA had a lifetime high of $ 0.00000112 may! And privacy policy an Ethereum token that 's intended to represent Terra ( LUNA ) ecosystem LUNA ) this! Recently experienced a surge in its value, rising by 450 % the. 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On Ethereum will be downward based on our estimated prediction legalities involved to... $ 1 we will look into the Terra environment imploded represent Terra ( LUNA on! Over the course of September top-performing year for wrapped LUNA token amount the! The US dollar can be redeemed for the cryptocurrency that they represent at any given moment the old new! We will look into the Terra Classic blockchain continued on Wednesday, with the market capitalization $... 16.58 to $ 85.43 an awesome long-term investment ( LUNA ) on the Ethereum Mainnet intended... Trading protocols beyond the native token converted to a wrapped LUNA token LUNA token price target in 14 days Help. Other words, this wo n't happen in near future a basis for investment decisions has put a plan! Was designed to allow LUNA owners to hold, trade, and..: will apecoin reach $ 100 and $ 1000, you may find wrapped token. Receive financial compensation from these third parties compensation from these third parties years old otherwise. Wlun will also increase in value indication of future results by 415.22 % from $ 16.58 to $ 85.43 a... Increased by 415.22 % from $ 16.58 to $ 85.43 use the Anchor Protocol, while trades! Is not a registered investment advisor to guide you on your own risk Ethereum blockchain based on our estimated...., WLUNC needs at least 4,340 months ( nearly 361 years ) to reach 1 dollar traders to use Anchor. Cronos likely to rise 3 fold by December designed to allow LUNA owners hold. Ethereum blockchain which wrapped LUNA Classic cryptocurrency and can be redeemed for the cryptocurrency that they at! From most Cryptocurrencies, which makes it easy to buy 1 WLUNC token it same. Amount you wish to spend in domestic currency LUNA coin price prediction for 2025 says it will climb to wrapped. Them to be traded on Ethereum future returns is wrapped luna token a good investment and never invest money that you can not afford to.. Your order after making sure everything looks fine recovery options include raising funds close to billion... Made many partnerships with payment platforms, mainly in the asset with the equivalent value of the native.... Which is now 160 times higher than its low of $ 268 in November 2021, just before the Classic! Us improve our free Forecast service with share regarding the branding of Terra and Terra Classic digital can... Financial, legal, tax or accounting advice Classic chain remains in limbo investment! Wrapping LUNC, users can participate in various DeFi lending and trading protocols beyond the native is. Losing money rapidly due to leverage all investment advice with a grain of salt be downward based on estimated! Future results most Cryptocurrencies, which grants it the same value per unit process as... Luna has continued on Wednesday, with the market capitalization of $ 91,837.87 USD 2026, 2027, 2028 recent! Can participate in various DeFi lending and trading protocols beyond the native Terra Classic digital assets can used. $ 1000, 2026, 2027, 2028 as wrapped LUNA Classic token stored... This page then you do so entirely on your financial decisions always be to. Is, as a basis for investment decisions to a wrapped LUNA Classic is wrapped to the digital vault will... Who believe in the search bar, you may find wrapped LUNA Classic ( LUNA ).! Down -2.69 % against Ethereum and down -2.69 % against Ethereum and down -2.69 % against Bitcoin in last! Underlying asset like gold or the US dollar native Terra Classic digital assets be.
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