Will Luna Classic Make You Rich?
By: Clinton Chidera
August 30, 2022 10:45 AM / 0 Comments Bitcoin ZentaPost Web3 AMA Marketing Lounge Developer DeFi
Luna Classic has already seen the lowest of lows in crypto history. No coin has ever collapsed so eloquently as Terra Luna — now Luna Classic. So the bottom is already in. What we have not seen is the top!
So what is the potential top price for Luna Classic within the next five years?
Will it reach a $0.01, $1, $10 or even $100?
I can honestly tell you I do not know. What I do know, however, is that Luna Classic has Five powerful things going for it:
(1) the most hopeful and positive market sentiment, \n (2) #1 fanbase on the crypto-verse, \n (3) a new and dedicated development team — Terra Rebels, \n (4) a powerful token supply-reduction mechanism, and lastly, \n (5) the lowest Layer 1 price in the entire crypto market.
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The level of enthusiasm surrounding Luna Classic is perhaps stronger than that of Bitcoin. There is no other crypto token that currently possesses the hope and positive energy that Luna Classic has. There are millions of small investors around the world who see Luna Classic as their only chance for becoming financially free. I count myself within this growing community.
From the moment that Terra Luna began to collapse on May 9th, I immediately recognized that it would become the most life-changing opportunity we will ever have. I was perhaps the first person on Twitter to call the eventual Terra Luna rebound, naming it the “Phoenix,” after the Egyptian cosmological bird that dies and is reborn from its own ashes.
Terra Luna has begun its rebirth. We’re just at the genesis stage of this process.
The fall of Terra Luna had the impact of generating an unprecedented awareness of the token. Though an event that we would never wish upon any other platform, the fall of Terra Luna had the reverse impact of galvanizing a global army — the Lunatics — for its rebirth. Today, Luna Classic has the most united fan base in cryptoverse. No other token, not even Shib, can match the followers of Luna Classic.
In addition to creating a global following, Terra Luna’s fall had the effect of uniting a core team of volunteer developers to its rescue. The natural coming together of Terra Rebels is not an everyday occurrence. People don’t just simply decide to invest their time and talent in projects in which they have no financial stake. Luna Classic is the only Layer 1 platform being developed by volunteers for the benefit of its community. This is unprecedented in crypto.
The Terra Rebels team has produced an amazing list of upgrades to the Luna Classic system, all of which have been accepted and merged by Terra Foundation Lab (TFL). These upgrades include the 1.2% percent burn tax and staking function. The new Luna Classic code, V22, is now available to node operators and validators.
As of this writing, over 50% of the current validators have updated the V22 code, which means that they have accepted to remain onboard the Luna Classic starship as it begins its new voyage to the moon on August 26th: the day that staking will be reinitiated on the chain. This event will be followed by the September 12th date when the 1.2% token supply-reduction tax will take effect.
The passing and acceptance of the V22 Luna Classic update are both historical and critical to the journey ahead. It has already cemented Terra Rebels as the legitimate development team behind Luna Classic. More importantly, the upgrades and their acceptance have had the effect of reuniting the validators and the exchanges, including majors like Binance, KuCoin, and MEXC, all of which are in direct contact with the Terra Rebels team discussing how to apply the burn initiative on their platforms.
Lastly, Luna Classic’s price and global availability make it completely accessible to investors from all walks of life. Trading at the current price of $0.00009, Luna Classic is the lowest-priced Layer 1 platform on the market. For just $100, you can purchase 1,111,111.11 tokens.
Just imagine if Luna Classic rises to $1.00, a fraction of its ATH price of $119 USD; you will be a millionaire! This is the magical opportunity we have with Luna Classic, a real chance of becoming financially independent by investing merely $100. It is quite difficult to achieve similar results with other Layer 1 platforms like Etherium, Polkadot, or even Cardano, given their current prices.
With Luna Classic, it is not only possible but very likely that we will hit $1.00 within the next 5 years.
Of course, I am not offering you investment advice. I am merely outlining the once-in-a-lifetime opportunity which I believe Luna Classic represents.
As for me, I am already invested in Luna Classic. I bought it above $100 a unit and also below its current trading price. In fact, I recovered all the losses I suffered during Luna’s collapse. Now, I am holding for the long term!
Let the new journey Begin!
Disclosure:
In compliance with the financial disclosure requirements, I must inform you that I am not an investment advisor. This article is for information only. Do your own research. Furthermore, I own Luna, including units that I purchased before and after the UST/USD depeg.