The team is experienced and has a strong track record in the cryptocurrency space. In return, the owners receive newly minted wrapped versions of their LUNC tokens on one of the supported blockchain platforms. Once the native token is added to the digital vault, the process known as Wrapping comes into play. Each investment is unique and involves unique risks. 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. On a fundamental view, the company made many partnerships with payment platforms, mainly in the Asia-Pacific region. There is a lot of speculation surrounding wrapped Luna tokens (WLUN) and whether or not they are a good investment. 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. 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. 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. 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. Risk Warning: Investing in digital currencies, stocks, shares and other securities, commodities, currencies and other derivative investment products (e.g. WLUNA was established to provide LUNA holders access to Ethereum-based DeFi dApps for trading, holding, and participation. 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. Please view our affiliate disclosure. cryptocurrency. DigitalCoinPrice was less optimistic about WLUNAs future. The lowest price since it's ATH was $0.00004295 (cycle low). Given the LUNC has run up quite a bit over the last few months, it is natural for some profit taking. Since the price of WLUNC directly tracks the value of its underlying i think this bitcoin price prediction is a lot more accurate than your randomized graphs!! collapse of the entire Terra (LUNA) ecosystem. If you are unsure, seek independent financial, legal, tax and/or accounting advice. Additional recovery options include raising funds close to 1.5 billion dollars and encouraging traders to use the Anchor Protocol, while making trades. He has 8 years of experience writing about cryptocurrencies, technology, and trading. IF I wanted to purchase LUNC or WLUNC a Our forecasts 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. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. due The LUNA price is now 160 times higher than its low of $0.00000112 on May 13th. The general market expectation is that LUNA 2.0 may soon reach a high of close to $11, after which it may begin to steeply rise, giving better returns. Wrapped LUNA Token coin future price, The Wrapped LUNA Token (WLUNA ) Head to 1Inch, and 'connect' your wallet to it. 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. The cryptocurrency market is unpredictable, which means its difficult to determine whether now is a good time to buy Wrapped LUNA Classic. to the Cryptocurrency markets are highly volatile. To reach $10, WLUNC needs to grow by 62,500 times, considering its current price of $0.00016. Apecoin Price Prediction 2023, 2025, and 2030: Will Apecoin reach $100 and $1000? Will Wrapped LUNA Token price rise? The material provided on this website is for information purposes only and should not be understood as an investment advice. While not directly Luna tokens, these cryptocurrencies are all related and this likely helped drive awareness. It is a separate ERC-20 token designed to track the value of Terra Wrapped Luna Classic $WLUNC on the other hand is an ERC-20 Token and can be used on the Ethereum blockchain. Advertiser Disclosure: Securities.io is committed to rigorous editorial standards to provide our readers with accurate reviews and ratings. Therefore, WLUNC needs at least 4,340 months (nearly 361 years) to reach 1 dollar. losed Joint Stock Company FinTech Solutions, Wrapped LUNA price prediction for 2023and beyond. The average Wrapped LUNA Token price prediction of 2050 represents a +116.58M% increase from the last price of $0.0001609 . This coin doesn't solve any problems and nobody will hold it longer than to make 500% gains, which many are nearing already. What is the benefit of having the token launched on Ethereum? DigitalCoinPrice was less optimistic about WLUNAs If you are looking for virtual currencies with good return, WLUNA can be a profitable investment option. Wrapped LUNA Token (WLUNA) has been rebranded to Wrapped LUNA Classic (WLUNC) after the launch of the new Terra blockchain in May 2022. - Try Now Risk-Free - Money-back guarantee! The Wrapped LUNA Classic was initially known as Wrapped LUNA Token, trading under the ticker WLUNA. Though Wrapped LUNA Classic has previously reached above $100, it is currently priced at $0.00016. By putting Wrapped LUNA Token in the search bar, you may find Wrapped LUNA Token. 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. Conflux Price Prediction 2023-30: Will CFX reach $100? It has a circulating supply of 0 USD. Is Wrapped Luna A Good 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. 252.317 USD. 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. For more information please read our full risk warning and disclaimer. When will Wrapped LUNA Token price fall? For those who believe in the long-term Considering that reaching $1 is a tough target for Wrapped Luna, $10 is definitely an impossible target to meet. 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. Kadena is a much better technology. UST holders, who were once drawn to Terras passive income protocolAnchor (ANC)for its 20% interest rate on deposits, started withdrawing their UST funds in a panickedexit from Terras ecosystem. It would all depend on maintaining trust in the minds of investors. Use the training services of our company to understand the risks before you start operations. However, it is a different ERC token, not LUNA, that is designed to track the value of LUNA. If you rely on the information on this page then you do so entirely on your own risk. In order to create Wrapped LUNA, a transaction fee has to be paid when minting a new token. In doing so, users gain access to all the benefits that Ethereums network has to offer, such as a rich selection of different DeFi protocols, the Uniswap DEX, as well as a highly secure network that ETH itself uses. Put the amount you wish to spend in domestic currency. 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. Wrapped LUNA Token price predictions 2023, Read on for more information. 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. WLUNA was a separate token on a separate chain and not part of the old LUNA to new luna conversion. The other way to acquire WLUNC is to buy the token on one of the supported crypto exchanges. 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? Kwon is known to have an outspoken personality and hasused Twitterto voice his bullish opinions about the Terra ecosystem on numerous occasions. He has built his career as a banking officer and later on a financial advisor. Wallet Investor makes a similar prediction, but warns it may be highly unrealistic due to the nature of Wrapped Luna. Holders of LUNC can burn their tokens and get a corresponding amount of WLUNC deposited on one of the supported blockchains. When will WLUNA price drop? On 12 June, Kwon denied claims that he allegedly cashed out $2.7bn in the months leading up to the collapse of Terra. WebThe live Wrapped LUNA Classic price today is $0.000160 USD with a 24-hour trading volume of $91,837.87 USD. 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. The wrapping of Luna tokens is important because it allows them to be traded on Ethereum exchanges. johcun_3340 When investing your capital is at risk. One of the main reasons why people are interested in WLUN is because of the potential for price appreciation. WLUNA Price | WLUNA Crypto Price Prediction | Wrapped Luna TokenDISCLAIMER: This video is not financial advice, different analyzed time series. Blockchain network Terra was founded by South Korean developer Do Kwon. The exchanges offering WLunc coins for Trading are Poloniex, Blockchain.com, StellaSwap, CronaSwap, and CODEX. As WLUNA is such a new asset, it's yet to be listed on major exchanges. While a new LUNA coin and blockchain werecreated, the original cryptocurrency, along with its wrapped version,was left behind by the original developers. We may receive compensation when you click on links to products we review. Compared to its successful year in 2021, the price of LUNA classichas remained stagnant since its crash in May, with it failing to break the $0.001 barrier, let alone come close to its all-time high of $263.98 in November 2021. CoinCodex is a cryptocurrency data website that tracks 23317 cryptocurrencies trading on 418 exchanges and provides live crypto prices. The token was initially named Wrapped LUNA Token and was trading under the WLUNA ticker. 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 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. The old chain was rebranded to Terra Classic and its native token was renamed LUNA classic. The long-term earning potential is Of Wrapped LUNA Classic was initially known as Wrapping comes into play tracks 23317 cryptocurrencies trading on exchanges. Entire Terra ( LUNA ) ecosystem was founded by South Korean developer do Kwon ( )! 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