Cryptocurrency

Terra Classic

Dogecoin

April

Terra

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 <p class="paragraph">Cryptocurrency <a rel="noopener noreferrer nofollow" title="trade" href="https://thebittimes.com/tag/trade.html">trade</a>rs and investors often overlook the tokenomics and supply inflation of cryptocurrencies. Understanding how they affect the value of a crypto asset offers a valuable advantage when investing.</p>
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 <p class="paragraph">With that in mind, Finbold looked at Terra Classic (LUNC) tokenomics from a different perspective. Public <a rel="noopener noreferrer nofollow" title="market" href="https://thebittimes.com/tag/market.html">market</a> data from leading indexes can demonstrate the effects of an increased supply inflation. We calculated the exact <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> LUNC would <a rel="noopener noreferrer nofollow" title="trade" href="https://thebittimes.com/tag/trade.html">trade</a> if it ever hits the all<a rel="noopener noreferrer nofollow" title="-time" href="https://thebittimes.com/tag/time.html">-time</a> high <a rel="noopener noreferrer nofollow" title="market" href="https://thebittimes.com/tag/market.html">market</a> cap.</p>
 <p class="paragraph">Interestingly, any token needs more demand to keep its same value, facing an inflationary supply. These two factors influence whether a cryptocurrency’s price rises or falls. Each one of them, including Terra Classic, has its unique ‘tokenomics’ structure.</p>
 <p class="paragraph">Notably, LUNC had an all-time high market cap of $40.99 billion on April 4, 2022, according to <em>CoinMarketCap</em>’s index. Meanwhile, the token traded for as high as $119.18 the next day. An inverse calculation suggests a circulating supply of around 343.933 million LUNC at that time.</p>
 <figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="463" src="https://cdn.thebittimes.com/images/2023/12/02/3a0d9696e9a6262fe2fa1667c7c30233.webp" alt="LUNC all-time high market cap and price." class="wp-image-140898" srcset="https://cdn.thebittimes.com/images/2023/12/02/3a0d9696e9a6262fe2fa1667c7c30233.webp 1024w, https://cdn.thebittimes.com/images/2023/12/02/3a0d9696e9a6262fe2fa1667c7c30233.webp 300w, https://cdn.thebittimes.com/images/2023/12/02/3a0d9696e9a6262fe2fa1667c7c30233.webp 768w, https://cdn.thebittimes.com/images/2023/12/02/3a0d9696e9a6262fe2fa1667c7c30233.webp 1536w, https://cdn.thebittimes.com/images/2023/12/02/3a0d9696e9a6262fe2fa1667c7c30233.webp 1898w" sizes="(max-width: 1024px) 100vw, 1024px">
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   LUNC all-time high market cap and price. Source: <em>CoinMarketCap</em>
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 <h2 class="wp-block-heading" id="h-terra-classic-supply-inflation-and-its-economic-effects"><strong>Terra Classic supply inflation and its economic effects</strong></h2>
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       <h3 class="font-bold leading-6 " id="is-now-a-good-time-to-buy-terra-classic-lunc">Is now a good time to buy Terra Classic (LUNC)?&nbsp;</h3>
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       <h3 class="font-bold leading-6 " id="dogecoin-would-trade-at-this-price-if-doge-hits-its-all-time-high-market-cap">Dogecoin would trade at this price if DOGE hits its all-time high market cap</h3>
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       <h3 class="font-bold leading-6 " id="terra-classic-s-24-hour-volume-spike-to-50-of-lunc-s-market-cap">Terra Classic's 24-hour volume spike to 50% of LUNC’s market cap</h3>
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       <h3 class="font-bold leading-6 " id="ethereum-would-trade-at-this-price-if-eth-hits-its-all-time-high-market-cap">Ethereum would trade at this price if ETH hits its all-time high market cap</h3>
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 <p class="paragraph">Let’s explore LUNC’s supply inflation and its economic implications. As of this writing, Terra Classic has a circulating supply of 5.80 trillion LUNC. This results in a supply inflation superior to 5.80 trillion tokens (more than 1,000,000%).</p>
 <figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="574" height="190" src="https://cdn.thebittimes.com/images/2023/12/02/207d5255e811d55d2ffcde2b307cf066.webp" alt="Terra Classic supply." class="wp-image-140899" srcset="https://cdn.thebittimes.com/images/2023/12/02/207d5255e811d55d2ffcde2b307cf066.webp 574w, https://cdn.thebittimes.com/images/2023/12/02/207d5255e811d55d2ffcde2b307cf066.webp 300w" sizes="(max-width: 574px) 100vw, 574px">
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   Terra Classic supply. Source: <em>CoinMarketCap</em>
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 <p class="paragraph">The price projection also shows the massive economic effects of this huge inflation. In case the Terra Classic reaches its highest speculative demand of $40.99 billion market cap, LUNC would trade at a proportionally lower price than the corresponding all-time high.</p>
 <p class="paragraph">Considering the circulating supply on December 1, Terra Classic would be priced at $0.00706 per token at its highest capitalization. Interestingly, a loss of $119.18 (99.999%) from the previous price in 2022.</p>
 <p class="paragraph">However, this still indicates a potential 4,800% increase from the current <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> of $0.0001442.</p>
 <p class="paragraph">It is important to understand that the forecast requires Terra Classic’s same demand as 2022. In this context, there are no guarantees that this demand will ever be seen again. On the other hand, it is also possible that a higher demand surges in the following years.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/lunc-would-trade-at-this-price-if-terra-classic-hits-its-all-time-high-market-cap-tbt72343.html">https://thebittimes.com/lunc-would-trade-at-this-price-if-terra-classic-hits-its-all-time-high-market-cap-tbt72343.html</a></p>

LUNC would trade at this price if Terra Classic hits its all-time high market cap

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