Wrapped coins can be redeemed for the cryptocurrency that they represent at any given moment. Note that the content on this site should not be considered investment advice. The highest WLUNC price since the last cycle low was $0.000613 (cycle high). 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. Only invest in LUNA what you can afford to lose as LUNA is highly volatile and will spike or drop depending on the announcements made by Do Kwon and the Terra team. By continuing to browse the site or clicking "Continue" you are consenting to the use of cookies on this website. The current price of Wrapped LUNA Token is It means that WLUNC needs to grow by 6,250 times to reach a price level of 1 dollar. Even though it cant be traded freely, staked LUNA is never owned by a validator. 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 ESMA: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Based on our forecasts, a long-term increase is expected, Coin Name: Wrapped LUNA Token: Coin Symbol: WLUNA: USD Price: $ 0.00014647: Price Change (1 H)-4.5 % : Investment by Blockchain: 2023-02-25; Valuation, Kujira portfolio: 2023-02-25; HOWTO: Looping stLUNA/LUNA on @demexchange; HOWTO: Limit "Catch-all" Orders on TeamKujira FIN; Investment by Blockchain: 2023-02-24; Why the user-experience matters: a case-study; Daily cryptocurrency income report, 2023-02-23; Valuation, Kujira This gives investors confidence that Luna is a project worth investing in. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. Prices may go down as well as up, prices can fluctuate widely, you may be exposed to currency exchange rate fluctuations and you may lose all of or more than the amount you invest. The Token hit an all-time high of $116.52 about a couple of months ago. There are about 5,000 + posts about it on Reddit Pros: They are filled with info, insight and tips Con: You have to put in the work to find and read 7 There is a lot of speculation surrounding wrapped Luna tokens (WLUN) and whether or not they are a good investment. There are a few benefits that wrapped LUNA Token can offer, such as: By launching LUNA on Ethereums network in the form of WLUNA, users get to use Ethereums DeFi sector. However, its security is entirely dependent on the blockchain it is issued on. CoinCodex is a cryptocurrency data website that tracks 23317 cryptocurrencies trading on 418 exchanges and provides live crypto prices. Will WLUNA price surpass its all time high? By using this website you agree to our terms and conditions and privacy policy. Orca Price Prediction 2023, 2025, and 2030: Will ORCA reach $10? It is a separate ERC-20 token 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. WLUNA currency forecast, The price of Wrapped LUNA Classic reflects the price movement of its underlying asset LUNC. This can be especially useful when pursuing investment opportunities on Ethereum, which is home to by far the largest selection of decentralized applications (dApps), including popular decentralized exchanges (DEXs), like Uniswap (UNI), and crypto lending protocols such as Aave (AAVE). Price Prediction seems more reasonable. Considering that reaching $1 is a tough target for Wrapped Luna, $10 is definitely an impossible target to meet. The vote was passed on 26 May 2022 and the old chain was rebranded to Terra Classic, whileits native token was renamed Luna Classic. WLUNA Price | WLUNA Crypto Price Prediction | Wrapped Luna TokenDISCLAIMER: This video is not financial advice, One such product is Terra Bridge Classic which allows users to connect their MetaMask, WalletConnect, Coinbase, and Terra Station wallets to send tokens from Terra Classic to Ethereum, BNB Smart Chain, and Polygon. IF I wanted to purchase LUNC or WLUNC a Youve just purchased Wrapped LUNA Token. The official announcement regarding the branding of Terra and Terra Classic digital assets can be found here. estimate can be significantly excessive / unrealistic! Its wrapped LUNA price prediction for 2025 expected the token to trade above $200 by the end of that year. 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. Wrapped LUNA Classic is up 1.09% in the last 24 hours. Finixio Ltd (Company Name: Finixio Ltd, VAT Number: GB315295409, Company number: 11705811) Tower 42, 25 Old Broad Street, London EC2N 1HN, United Kingdom, Fight Out Presale - Earn Crypto for Working Out, InsideBitcoins uses cookies to improve and customize your user experience, Free crypto wallet with support for storing NFTs, Instant deposits and withdrawals via bank transfer, Attached exchange Coinbase Pro for lower trading fees, Account guarantee protects you from hacks and phishing. price will be WLUNA requires 14 network confirmations. So, is a wrapped Luna token a good investment? 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. here could give you some pointers on the potential future of these innovative technologies. Contrary to the new chain, Terra Classic supports fiat-pegged algorithmic stablecoins such as TerraClassicUSD (USTC). Read on for more information. 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. Additional recovery options include raising funds close to 1.5 billion dollars and encouraging traders to use the Anchor Protocol, while making trades. The ideaology (idea) When will it be in Binance? Cryptocurrency markets are highly volatile. This is significant because it gives investors more options when it comes to buying and selling Luna. Yes. If the price fell, it would swap UST for LUNA to push it back up. Ali is a freelance writer covering the cryptocurrency markets and the blockchain industry. WLUNA/ WLUNC Wrapped Luna Classic will trade higher if there are attractive initiatives within the community. These are our Wrapped LUNA Token price predictions for WLUNA's future. Wrapped LUNA Token Price Forecast 2023 FAQs What will be Wrapped LUNA Token worth in 2023? By the same token, a Polygon fee must be covered when wrapping LUNC on the Polygon network. This makes WLUN a good investment for those who believe in the long-term potential of Luna. Will Wrapped LUNA Token price drop? While the new Terra 2.0 chain has put a recovery plan in place, the future of theTerra Classic chain remains in limbo. He has 8 years of experience writing about cryptocurrencies, technology, and trading. On Coinbase Pro, you may acquire WLUNA for a low price by logging in with your Coinbase credentials the maker/taker charge of 0.4 percent / 0.6 percent is less than using the normal Coinbase site. Though Wrapped LUNA Classic has previously reached above $100, it is currently priced at $0.00016. Coin Name: Wrapped LUNA Token: Coin Symbol: WLUNA: USD Price: $ 0.00014647: Price Change (1 H)-4.5 % : WLUNC is down -3.63% against Ethereum and down -2.69% against Bitcoin in the last 1 month. Unfortunately, despite being the leading cross-chain protocol in the industry, Terras token may feel somewhat limited. 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. WLUNC derives its value directly from its underlying asset, the native governance and utility token of the Terra Classic ecosystem, LUNC. 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. Historical index for the Wrapped LUNA Token price prediction: . Wrapped LUNA Token price target in 14 days: Help us improve our free forecast service with share! For this reason, consider starting with smaller investments if you do decide to make an investment in crypto. The difference between trading assets and CFDs. The value of wrapped LUNA is pegged to the value of LUNA classic. Wrapped LUNA Token (WLUNA) has been rebranded to Wrapped LUNA Classic (WLUNC) after the launch of the new Terra blockchain in May 2022. Safemoon Price Prediction 2023, 2025 and 2030: Will SafeMoon Reach 1 Cent? Wrapped LUNA Token coin future price, A wrapped token is a mirror form of a cryptocurrency that exists outside its native blockchain network. 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. Limited exchanges have listed WLunc coins for trading. The price of LUNA has decreased by -5.58% in the last 24 hours. A WLUNA partner may trade one LUNA for one WLUNA, and one WLUNA for one LUNA. Neo Price Resumes Uptrend After a BounceWill It Keep Going? It incentivizes trading between Luna and stablecoins when it needs to The LUNA price is now 160 times higher than its low of $0.00000112 on May 13th. Therefore, WLUNC needs at least 4,340 months (nearly 361 years) to reach 1 dollar. The new community vote proposed by Kwon saw the Terra blockchain split in two separate chains. Many speculators are also positive that the Luna Classic too can be successfully traded soon. In practice, this means that the security of WLUNC hinges on the security of Ethereum, and other WLUNC-supporting networks. Luna is a deflationary currency, which means that there is a limited supply. There are a few benefits that wrapped LUNA Token can offer, such as: Participate in DeFi protocols By launching LUNA on Ethereums network in the form of WLUNA, users get to use Ethereums DeFi sector. This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated. Its wrapped LUNA price prediction for 2025 expected the token to tradeabove $200 by the end of that year. You should be aware that you may lose a significant portion of your portfolio. The collapse of Terra LUNA has continued on Wednesday, with the token now dropping to below $1. WebIt was not LUNA, LUNC or WLUNC. However, price predictions are often wrong. Wrapped Luna (WLUNA) is a token on the Ethereum Mainnet thats intended to represent Terra (LUNA) on this blockchain. For example, wrapped LUNA (WLUNC)is a form of the LUNA classic (LUNC)token that exists outside outside its native Terra Classic blockchain network. In addition to that, those who hold LUNA are also allowed to submit proposals and vote on the proposals submitted by other users, thus helping decide the future of the project. Wrapped LUNC can be stored in a blockchain wallet that supports the type of WLUNC (ERC-20 or BEP-20) you own. 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. 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 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. 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. And, with the DeFi trend still going strong after emerging in 2020, many of the LUNA holders wanted to see the token receive some additional use cases. WLUNC is created via a process known as burning and minting. Wrapped Luna can be a lucrative investment, but take the time to read at least several price predictions from leading analysts and do market research before making a commitment. As mentioned, the original LUNA token offers limited use cases within its own ecosystem. 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. Investment advice disclaimer: The information contained on this website is provided for educational purposes, and does not constitute investment advice. Securities.io is committed to rigorous editorial standards. Past performance is no guarantee of future results. While not directly Luna tokens, these cryptocurrencies are all related and this likely helped drive awareness. The old and new chains operateseparately and existin parallel to each other. Yes. future Wrapped LUNA Token Price Forecast 2030 FAQs What will be Wrapped LUNA Token worth in 2030? Wrapped tokens promote interoperability between the blockchains. 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. The only thing that prevents it from being a stablecoin is the fact that LUNA itself is, as a cryptocurrency, volatile. Lunas crash has shaken the cryptocurrency market by its roots, sending shockwaves throughout the industry. The live Wrapped Luna token price today is $0.000189 with a 24-hour trading volume of just under $9 million. Doing this essentially means that users will lock their tokens in one of many DeFi protocols and leave them at the projects disposal. Your capital is at risk. Wrapped Luna Classic (WLUNC) Price Prediction: Should You Buy WLUNC? As the original LUNA token is locked within its native blockchain, the only way for users to use it elsewhere is to lock up some of the original LUNA tokens and mint Wrapped LUNA Tokens on a different chain, in this case, Ethereums. Wrapped LUNA Token expected price. According to our predictions, this won't happen in near future. Wrapped LUNA Classic's current circulating supply is 411.88M WLUNC out of max supply of 5.18M WLUNC. WLUNC exists as an ERC-20 token on Ethereum and Polygon, and as a BEP-20 token on the BNB Chain. WLUNA is an Ethereum-based ERC-20 token that represents Terra (LUNA) on a different blockchain. 252.317 USD. 84% of retail investor accounts lose money when trading CFDs with this provider. Yes, WLunc can be a good investment. When it comes in the search results, press it to access the purchasing screen. It stooped to its all-time low of $0.00003564 on 28 June. Is WLUNA price going up? The team behind Luna has a lot of experience in the cryptocurrency space, and they have created a unique product. Since the price of WLUNC directly tracks the value of its underlying Wrapped LUNA saw its value plunge from the all-time high of about $263 that it hit in November 2021, to just$0.0001547as of 16 Decembwe2022. I would of purchased LUNA then. WLUNA was trading at about $14 at the time of its launch in August 2021. The widely anticipated revamped token marked its debut by launching at the price of $17.8, gradually Luna 2.0 began to increasingly peak, by reaching a high of $19.53. 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. expected to be around +171644117.69%. Kwon envisioned the use of an algorithmic dollar-pegged stablecoin to power transactions on and off blockchain networks. Will Wrapped LUNA Token price go up? WLUNA was designed to allow LUNA owners to hold, trade, and take part in DeFi dApps on Ethereum. Wrapped tokens have the same value as their underlying On a fundamental view, the company made many partnerships with payment platforms, mainly in the Asia-Pacific region. The aim of the platform is to educate individuals and help them make informed decisions regarding their investments in the fast-paced and rapidly evolving world of digital assets. WLUNA is minted on Ethereum according to ERC-20 standards. If you are unsure, seek independent financial, legal, tax and/or accounting advice. 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. The current CoinMarketCap ranking is #3637, with a live market cap of not available. Read on for more information. When will Wrapped LUNA Token price go down? Its a separate ERC-20 token designed to Keep track of your holdings and explore over 10,000 cryptocurrencies. The other way to acquire WLUNC is to buy the token on one of the supported crypto exchanges. Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in stocks or coins. Wrapped LUNA Classic (WLUNC) is a digital asset that tracks the price of Terra Classic (LUNC) on the Ethereum (ETH), BNB Smart Chain (BSC), and Polygon (MATIC) networks. i think this bitcoin price prediction is a lot more accurate than your randomized graphs!! Due to the limitations of the Terra ecosystem and limited use cases of the original LUNA token, Wrapped LUNA Token (WLUNA) emerged to attempt to solve some of these issues by leading it to a different blockchain. So far Sunday, the crypto has declined 57.89% to $0.0002200550054. The token is used for stakingand for governance purposes on the network. 2023 Capital Com SV Investments Limited. Currently, LUNA 2.0, due to its steep bearish price action and heavy volatility is displaying a bearish outlook and most industry experts and analysts are hoping that the token will gradually become bullish. Conflux Price Prediction 2023-30: Will CFX reach $100? year. 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 By putting Wrapped LUNA Token in the search bar, you may find Wrapped LUNA Token. The Wrapped LUNA Classic price prediction sentiment is currently bearish, while Fear & Greed Index is showing 50 (Neutral). - Try Now Risk-Free - Money-back guarantee! Some links are affiliate links. What is even more worrisome is that the Luna had in fact seen a bull run of $119, and post the crash, is now reduced to fractions of its value. DigitalCoinPrice was less optimistic about WLUNAs The minted asset can now be used in any blockchain as the asset is minted using a smart contract. Take all investment advice with a 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. We update our WLUNC to USD price in real-time. Wrapped The LUNA classic (LUNC) and wrapped LUNA (WLUNA) tokens were trading at about $0.0001555 and $0.0001547 respectively as of 16 December, despite reaching highs of over nearly $120 in early2022. LUNC and WLUNC is a new token created after I made my purchase for WLUNA. Crypto.com resumed Trading of LUNA2/USDC Pair. In essence, Wrapped LUNA Classic allows Terra Classic holders to transfer the value of their holdings between Terra Classic and other blockchain networks. The major market events for the week ahead right in your inbox. With a 5-year investment, the revenue is When creating WLUNC by wrapping LUNC, however, a gas fee is paid to cover the costs of the minting process and a separate fee is paid to a blockchain protocol that facilitates the creation of new WLUNC. Wrapped LUNA Classic (WLUNC) can be exchanged for other crypto tokens, for example, Bitcoin (BTC) or Ethereum. Wrapped Luna is an Ethereum token made to represent Luna on the Ethereum blockchain. In return, the owners receive newly minted wrapped versions of their LUNC tokens on one of the supported blockchain platforms. WLUN is traded on a number of different exchanges, which makes it easy to buy and sell. This resurgence came after a staking feature went live on the classic blockchain. DigitalCoinPrice was less optimistic about WLUNAs future. Take caution since Coinbases suspension of WLUNA and TerraUSD (UST) might indicate coming volatility on or around May 27th, when it will be delisted but not permanently. Once the native token is added to the digital vault, the process known as Wrapping comes into play. Always conduct your own due diligence and remember that your decision to trade or invest should depend on your risk tolerance, expertise in the market, portfolio size and investmentgoals. 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. They predict a minimum price of $0.22 and a maximum of $0.27 in 2025. Note that analyst and algorithm-based wrapped LUNA crypto price predictions can be wrong, and can change at any time. WLUNC should not be considered as a direct copy of LUNC on Ethereum but rather a separate ERC-20, or BEP-20 token that reflects the value of LUNC and can be used to participate in decentralized finance (DeFi) products and services running on the Ethereum and BNB Smart Chain networks. Wrapped LUNA Classic price today is $0.000161 with a 24-hour trading volume of $28,534, market cap of $66,411, and market dominance of 0.00%. 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. The initial procedure would be introducing a type of shock absorber that will monitor demand and supply levels, stabilizing the token in such a manner, that it would be at low risk of depegging. A stablecoin is a cryptocurrency that is linked to an underlying asset like gold or the US dollar. The first vote is token supply burn. Deposits and withdrawals, however, will not be affected. Top 10 Tether Wallets for Secure Cryptocurrency Storage, 3 reasons why Bitcoin traders should be bullish on BTC. 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. WLUNA was created to allow LUNA holders to trade, hold, and participate in decentralized finance (DeFi) dApps on Ethereum. Investing is not suitable for everyone; ensure that you have fully understood the risks and legalities involved. On Aug. 12, Wrapped Luna and TerraUSD both became tradable on Coinbase Pro. To use a Wrapped token, a native token is sent to the custodian who stores it in the digital vault. The long-term earning potential is This forecast isn't updated for some reason: missing data or revoked 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. Featuring the top 3 cryptocurrency exchanges to buy Wrapped Luna (wLUNA) with a credit card, or Bitcoin (BTC). If you rely on the information on this page then you do so entirely on your own risk. Below you will find the price predictions for 2023, 2024, 2025, 2026, 2027, 2028. Since the price of WLUNC directly tracks the value of its underlying asset LUNC, Wrapped LUNA Classics price and its investment potential are entirely dependent on the market success of Terra Classics primary token. 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. As of 16 December 2022, wrapped LUNA was trading at about $0.0001547. The platform can be accessed anywhere around the globe and is rumored to have partnered with hundreds of graphic designers. Wrapped Lunas price is connected to the value of Luna, hence its rapid collapse has impacted WLUNAs price, which is down 99.9%. However, this approach comes with a higher degree of risk, since owners rely on a centralized party to custody and protect their holdings. The Wrapped LUNA Token price can go up from One of the main reasons why people are interested in WLUN is because of the potential for price appreciation. Trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. This makes WBTC tradeable on both Ethereum and Tron blockchains. collapse of the entire Terra (LUNA) ecosystem. Our Ai cryptocurrency Source: LUNA Classic Price Prediction, CWLive.