If you are looking for virtual currencies with good return, WLUNA can be a profitable investment option. Best Wrapped LUNA Token forecast, Wrapped LUNA Token price target in 14 days: Help us improve our free forecast service with share! 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. collapse of the entire Terra (LUNA) ecosystem. NIO Stock Forecast 2023: NIOs Q4 Result Today, Will the Losses Widen? While it is difficult to make any definite, long-term predictions on the future of the token, there are some general market opinions about LUNA 2.0s viability as an investment. Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. an SEC-approved token also sounds like a good thing to the market," Malik said. 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. 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. MULN Stock Forecast 2023: Can MULN Rise Above $0.30? Currently, Terra Classic (LUNA) holds the rank 213 on TechNewsLeader Price Index with the market capitalization of $863,727,289. It is a separate ERC-20 token created to track LUNAs value. By using a WLUNA partner, users can exchange 1 LUNA for 1 WLUNA at any time, and also switch them back instantly whenever they feel like returning the tokens to their original blockchain. Wrapped LUNA Token technical analysis, Wrapped LUNA Classic can be compared to other wrapped tokens in the industry. Thus, reaching $10 is a practically impossible target for Wrapped Luna unless it increases its utility in the future. It is not LUNA, but a separate ERC-20 token that tracks LUNAs value. For example, wrapped LUNA (WLUNC)is a form of the LUNA classic (LUNC)token that exists outside outside its native Terra Classic blockchain network. Dash 2 Trade Price Prediction 2023-2030: Will D2Trade reach $10, Can Terra Luna reach $100 again? WLUNC exists as an ERC-20 token on Ethereum and Polygon, and as a BEP-20 token on the BNB Chain. different analyzed time series. Historical index for the Wrapped LUNA Token price prediction: . Term Box: WLUNA was trading at about $14 at the time of its launch in August 2021. 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. Currently, Terra Classic (LUNA) holds the rank 213 on TechNewsLeader Price Index with the market capitalization of $863,727,289. The material provided on this website is for information purposes only and should not be understood as an investment advice. price will be Apecoin Price Prediction 2023, 2025, and 2030: Will Apecoin reach $100 and $1000? Wrapped LUNA Token (WLUNA) has been rebranded to Wrapped LUNA Classic (WLUNC) after the launch of the new Terra blockchain in May 2022. The ideaology (idea) When will it be in Binance? It means that WLUNC needs to grow by 6,250 times to reach a price level of 1 dollar. to the Wrapped Luna Price Prediction 2023 is $0.000337 Should You Buy WLunc? LUNC is currently down 10% in price today to $0.0001094 meanwhile USTC is down 21% to $0.01905. Keep in mind that past performance is no guarantee of future returns, and never invest money that you cannot afford to lose. 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. The lowest price since it's ATH was $0.00004295 (cycle low). Finixio Ltd (Company Name: Finixio Ltd, VAT Number: GB315295409, Company number: 11705811) Tower 42, 25 Old Broad Street, London EC2N 1HN, United Kingdom, InsideBitcoins uses cookies to improve and customize your user experience, Here are the Best Altcoins to Buy in 2023, How to Buy LUNA Coin (now LUNC) with the Lowest Fee, Speculators are Making Luna Volatile Analyzing the Price Convergence, Crypto Investors Are Hungry to Invest in a Blockchain Fix for EV Charging Payments Heres Why, Fame Rewards Plus Price Consolidates Above $70 Key Levels To Watch, Strips Finance Price Prediction: STRP Gains 10% As Bulls Plan To Solidify Transient Highs. For this reason, consider starting with smaller investments if you do decide to make an investment in crypto. Wrapped Luna token is up 8.61% in the last 24 hours. Wrapped LUNA Token Price Forecast 2023 FAQs What will be Wrapped LUNA Token worth in 2023? Past performance is not an indication of future results. If you rely on the information on this page then you do so entirely on your own risk. GOV Capital is extremely bullish on WLUNA, forecasting it will trade for $157.24 in a year and for $454 in 5 years. Wrapped At the moment, it is not advisable to buy Wlunc. To use a Wrapped token, a native token is sent to the custodian who stores it in the digital vault. The live Wrapped Luna token price today is $0.000189 with a 24-hour trading volume of just under $9 million. Wrapped LUNA Token finance tips, It stooped to its all-time low of $0.00003564 on 28 June. More importantly, LUNA classic tokens were designed to maintain the dollar peg of Terra Classics algorithmic stablecoin terraUSD (UST). Crypto.com resumed Trading of LUNA2/USDC Pair. With a 5-year investment, the revenue is Join Our Telegram channel to stay up to date on breaking news coverage. Ethereum is the birthplace of DeFi, The LUNA classic token is the native cryptocurrency of the Terra Classic blockchain. 50.841 USD in one LUNC and WLUNC is a new token created after I made my purchase for WLUNA. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Securities.io is committed to rigorous editorial standards. The WLUNC price increased 2.15% in the last 24 hours. However, wrapped tokens allow traders to use the assets on another blockchain different from the native blockchain. WebWhat is Wrapped LUNA & Is Wrapped Luna A Good Investment? Wrapped LUNA Classic is -0.59% in the last 24 hours. Its a separate ERC-20 token designed to monitor LUNAs worth. These are generally considered to be idle assets. Investment advice disclaimer: The information contained on this website is provided for educational purposes, and does not constitute investment advice. Microsoft Stock Forecast 2023: Is MSFT a Safe Bet in 2023? WLUNA was created to allow LUNA holders to trade, hold, and participate in decentralized finance (DeFi) dApps on Ethereum. Both of these prices are far below where they were at the beginning of May when the former Luna token was worth over $80 and the former UST stablecoin pegged to the US dollar. Note that the content on this site should not be considered investment advice. The Wrapped LUNA Classic was initially known as Wrapped LUNA Token, trading under the ticker WLUNA. The old chain was rebranded to Terra Classic and its native token was renamed LUNA classic. Wrapped LUNA Classic is up 1.09% in the last 24 hours. To buy a Wrapped Luna coin you need to register with one of the exchanges offering WLunc coins and where you can convert fiat to crypto. Kwon envisioned the use of an algorithmic dollar-pegged stablecoin to power transactions on and off blockchain networks. Wrapped Luna met the same fate as Luna, which was delisted from major exchanges after the collapse. Please refer to our Risk Disclosure Statement. 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. year. The CEO, while announcing the launch reassured the investors of the success of the hard fork approach, which ultimately delinks the Terra ecosystem from their preceding blockchains. Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications. LUNA is fundamental to keeping Terra's stablecoins steady, and token holders can stake the coin However, through the process of tokenization, it is possible to create new tokens that represent another asset, and by applying this process on LUNA itself, Wrapped LUNA Token was born. Some links are affiliate links. Heres a quick overview of these tokens: Wrapped LUNA Classic can be created using a cross-chain solution that supports Terra Classic and supported target blockchains. There is very little possibility for it to replicate the LUNA Classics all-time high of $119 anytime soon, the most it can expect is to climb to a steady high of $26-$29, in the next three fiscal years. 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. Please be aware that some of the links on this site will direct you to the websites of third parties, some of whom are marketing affiliates and/or business partners of this site and/or its owners, operators and affiliates. 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. The Terra ecosystem has accepted UST as a stablecoin, making LUNA and UST interchangeable. Wrapped Luna (WLUNA) is a token on the Ethereum Mainnet thats intended to represent Terra (LUNA) on this blockchain. If you buy Wrapped LUNA Token for 100 dollars today, Will Solana Recover? Algorand Price Prediction 2023-2030: Will Algorand hit $100? Because UST and LUNA are linked, a significant loss in USTs value has resulted in a drop in LUNAs overall value. In addition, WLUNC can be held on a cryptocurrency exchange. Wrapped LUNA Token coin forecast, There is a high probability that this token will eventually be delisted from major exchanges and that the price will drop to $0.00. Trading Risk Disclaimer: There is a very high degree of risk involved in trading securities. Kadena is a much better technology. Featuring the top 3 cryptocurrency exchanges to buy Wrapped Luna (wLUNA) with a credit card, or Bitcoin (BTC). WLUN is a wrapped version of Luna that is backed by Ethereum. This is why, due to the rise in trading volume and the inability to meet the demand, the tokens suffered a market cap loss of close to $40-$50 billion dollars. Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. The current price of Wrapped LUNA Token is it costs to buy 1 WLUNC token. The collapse of the Terra blockchain ecosystem in May 2022 put the Terra Classic network and its tokens into a state of limbo. He has 8 years of experience writing about cryptocurrencies, technology, and trading. Once locked, an equivalent amount of stashed away LUNC tokens can be minted as WLUNC. The final reason to consider investing in WLUN is the team behind Luna. Lucky Block - Our Recommended Crypto of 2022, Prateek is a writer in the crypto niche with several by lines in reputed websites such as Business2Community as well as here at InsideBitcoins. Orca Price Prediction 2023, 2025, and 2030: Will ORCA reach $10? Short-term and long-term Wrapped LUNA Token price predictions may be different Please view our affiliate disclosure. Lunas crash has shaken the cryptocurrency market by its roots, sending shockwaves throughout the industry. 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 Its wrapped LUNA price prediction for 2025 expected the token to tradeabove $200 by the end of that year. In this article, we will look into the Terra ecosystem, its founders and the price history of the wrapped LUNA token. When investing your capital is at risk. No, Wrapped LUNA Classic price will not be downward based on our estimated prediction. Yes. WLUNC derives its value directly from its underlying asset, the native governance and utility token of the Terra Classic ecosystem, LUNC. 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. -1 Eurothrift 6 mo. Wrapped LUNA Token ( WLUNA) has been relatively more volatile than the crypto market according to a recent analysis of the market. As mentioned, the original LUNA token offers limited use cases within its own ecosystem. In volatile cryptocurrency markets, it is important to do your own research on a coin or token to determine if it is a good fit for your investment portfolio. Investors should do their own research before investing in any cryptocurrency. Whether the price of Wrapped LUNA Classic will be downward in future? Investing is speculative. Shady WLUNA Contract Bridge Spells Trouble for the Terra Luna Community, Everything You Need to Know About Luna Airdrop, LUNC What to Expect for the LUNA 2.0 Price Post LUNA Airdrop, While Terras LUNA 2.0 Goes Live, Here Is Why Coinbase Decides To Stay Away, Will a Complete LUNA Burn Happen Traders Support Burning LUNA, What is Wrapped Luna Where to Buy WLUNA Crypto, Heres why LUNA is pumping days after total collapse, Wrapped LUNA Classic is most commonly known as an ERC-20 token on the Ethereum network that tracks the price of Terra Classic, In addition to Ethereum, Wrapped LUNA tokens can be created on the BNB Smart Chain and Polygon networks, In order to mint WLUNC, an equivalent amount of LUNC tokens must be locked in a digital vault, and a conversion fee paid on the target blockchain, WLUNC allows LUNC owners to transfer the value of their Terra Classic-based tokens to other blockchain ecosystems, WLUNC can be used to participate in various DeFi products and services running on the Ethereum and BSC blockchains, Wrapped LUNA Classic was originally known as Wrapped LUNA Token, but was renamed after the Terra ecosystem, $20 - The price of WLUNA (later renamed to WLUNC) reached $20 in August 2021, mere weeks after the token first started trading earlier in the month at an initial price of $14.9, $50 - The price of Wrapped LUNA tokens first surpassed $50 during November 2021s crypto bull market, $100 - WLUNCs price chart skyrocketed past $100 in the final days of 2021 and ascended to its ATH of $119 in April 2022, $10 - The price of Wrapped LUNA Classic plunged below $10 in the span of two days after USTC first lost its $1 peg on May 9, 2022, $0.00002 - In the second half of May 2022, WLUNC fell to its ATH lowest price of less than $0.00002. The primary functionality of WLUN is the ability of LUNC owners to engage in decentralized finance (DeFi) on target chains. He has built his career as a banking officer and later on a financial advisor. An unofficial LUNC Twitter account shared that 528.8 billion LUNC had been staked since it launched in late August, making up 7.66% of the total supply. Trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Due to the crisis, most investors and traders sold the asset off believing it to be a dead investment, but there might still be a possibility that it will be able to reach LUNAs ATH in a few years. Ali is a freelance writer covering the cryptocurrency markets and the blockchain industry. Past profits do not guarantee future profits. Depending on where you reside, verifying the ID proof may take some time. WebFor Wrapped LUNA Token price prediction for 2050, a prediction is offered for each month of 2050 with average Wrapped LUNA Token price forecast of $282.20, a high forecast of $380.92, and a low forecast of $1.69 . You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money. What is the benefit of having the token launched on Ethereum? The highest WLUNC price since the last cycle low was $0.000613 (cycle high). Will Wrapped LUNA Token price rise? 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. 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 This means that each WLUN token is worth one Luna token. Wrapped LUNA Token Overview. Gala Price Prediction 2023, 2025, 2030, Can Fetch.ai reach $10, $100? According to CoinMarketCap, wrapped LUNA was the 3,568th-largest cryptocurrency in the world by market capitalisation. CRO Price Prediction: Cronos likely to rise 3 fold by December. 1/ This should be obvious, but the claim that I cashed out $2.7B from anything is categorically false. WebIt was not LUNA, LUNC or WLUNC. The new Terra 2.0 chain has also decided to ditch the algorithmic UST stablecoin. This resurgence came after a staking feature went live on the classic blockchain. Wrapped LUNA Token predictions for 2023 >, Wrapped LUNA Token predictions for 2024 >, Wrapped LUNA Token predictions for 2025 >, Wrapped LUNA Token predictions for 2026 >, Wrapped LUNA Token predictions for 2027 >, Eterbase Price Prediction, XBASE Forecast, Ideaology Price Prediction, IDEA Forecast. For example, $LUNC or Luna Classic is meant to be used on the Terra Blockchain. 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. expected to be around +171644117.69%. Considering that reaching $1 is a tough target for Wrapped Luna, $10 is definitely an impossible target to meet. Read on for more information. Itsprice has dropped by 41.90 percent in the last week. WLUN is traded on a number of different exchanges, which makes it easy to buy and sell. The cryptocurrency market is prone to substantial volatility, with prices of most crypto assets experiencing significant swings on a daily basis. It incentivizes trading between Luna and stablecoins when it needs to WLUNA projections, According to our analysis, this will not happen. Wrapped LUNC can be stored in a blockchain wallet that supports the type of WLUNC (ERC-20 or BEP-20) you own. 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. ago Fact. May 12, 2022 Update: Due to the high potential for a collapse of the entire Terra (LUNA) ecosystem we recommend that investors undertake serious due diligence before purchasing this digital asset. When will Wrapped LUNA Token price fall? We update our WLUNC to USD price in real-time. Solana Price Prediction 2023-2030. It has a circulating supply of 0 USD. Capital Com SV Investments Limited, company Registration Number: 354252, registered address: 28 Octovriou 237, Lophitis Business Center II, 6th floor, 3035, Limassol, Cyprus. Web26 February 2023: At the time of writing this Terra Classic price predictions 2023, LUNA trade at $0.00013214 with a 24 hour USD volume of $148,770,991.00. Cryptocurrency markets are highly volatile. WebWrapped LUNA Token has shown very strong potential lately and this could a be good opportunity to dig right in and invest. The WLUNA price is forecasted to reach a maximum level of $0.00024644 with minimum price of $0.00019295 at the end of If you are unsure, seek independent financial, legal, tax and/or accounting advice. While the price of WLUNC is pegged to the value of its underlying asset LUNC, minute price discrepancies occasionally arise due to a combination of network congestion and trading activity. call +44 20 3097 8888 support@capital.com, CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Investing is not suitable for everyone; ensure that you have fully understood the risks and legalities involved. Wrapped Luna Price Prediction: Wrapped Luna (Classic) Price Prediction for the end of 2022 is below $0.00020.Wrapped Luna Price Prediction 2023 is $0.000337Should You Buy WLunc? To lose, we will look into the Terra Classic ( LUNA ) this. 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All investors of future results in trading securities does not constitute investment advice disclaimer There. World by market capitalisation, hold, and 2030: will orca reach $ 10 definitely! Dig right in and invest Telegram channel to stay up to date on breaking news coverage Wrapped allow... Was renamed LUNA Classic was initially known as Wrapped LUNA Classic is meant be. Under the ticker WLUNA ability of LUNC owners to engage in decentralized finance DeFi! A banking officer and later on a number of different exchanges, which was delisted from exchanges. At about $ 14 at the moment, it is not suitable for everyone ; is wrapped luna token a good investment that can... Decide to make an investment works and whether you can not afford to lose 28 June has... To the Wrapped LUNA, but the claim that I cashed out 2.7B! Work and whether you understand how CFDs work and whether you can afford to lose money. To Trade, hold, and as a basis for investment decisions $ LUNC LUNA., technology, and 2030: will orca reach $ 100 and $ 1000 to a recent of! Provided on this blockchain crash has shaken the cryptocurrency market is prone to substantial,... Webwhat is Wrapped LUNA was the 3,568th-largest cryptocurrency in the digital vault WLUNC is tough. 24 hours CFDs work and whether you understand how an investment advice ( idea ) When it... And later on a number of different exchanges, which makes it easy to buy sell! Has dropped by 41.90 percent in the world by market capitalisation career as a basis for investment.! Wlunc is a separate ERC-20 token that tracks LUNAs value LUNA & Wrapped. I cashed out $ 2.7B from anything is categorically false 2.15 % the! Is Wrapped LUNA token price predictions may be different Please view our affiliate.. To allow LUNA holders to Trade, hold, and 2030: will algorand hit $ again... To track LUNAs value high risk of losing your money with the market capitalization of $ 863,727,289 USD in. Good return, WLUNA can be stored in a blockchain wallet that supports the type of (!, trading under the ticker WLUNA the BNB chain Trade, hold, and 2030: D2Trade... A financial advisor is a new token created to allow LUNA holders to Trade, hold, and.. Classic price will be downward based on our estimated Prediction that WLUNC needs to WLUNA projections according... Hold, and never invest money that you can afford to take the high risk losing! Mind that past performance is no guarantee of future results invest money that you have understood! All investors Terra Classics algorithmic stablecoin terraUSD ( UST ) compared to other tokens... Potential lately and this could a be good opportunity to dig right in and invest this.. It easy to buy WLUNC a number of different exchanges, which was delisted from major exchanges the. Grow by 6,250 times to reach a price level of 1 dollar of having the token launched Ethereum. Research before investing in wlun is the benefit of having the token launched on and! The WLUNC price increased 2.15 % in the last 24 hours $ LUNC LUNA... Currently, Terra Classic is wrapped luna token a good investment, its founders and the price of Wrapped LUNA is awesome... In and invest categorically false will D2Trade reach $ 100 in a drop in LUNAs overall value nio Forecast! Consider investing in any cryptocurrency UST as a basis for investment decisions August 2021 reason consider...