LUNC Burn Update: Is Terra Luna Classic $1 Possible?

Added: 2026-05-12

[00:00:00]Okay, so a lot of people have been coming back to my video, the short that I made a couple years ago about can Terra Luna Classic really go to $1 regarding this or in this current market condition right here. And the question is is it's not really impossible, but I'm not sure if it's probable. Let's dive in at Teral Luna Classic right here on the charts. You guys can see it's currently sitting at 935 with the market cap sitting at $519 million. Now, regarding the burn, this is probably one of the most important thing that I want to talk about. And you guys can see right here that in the last 7 days, 1.46 million or billion tokens have been burned, which is approximately 8 to 12,000. I'm just doing the math on top of my head. I don't know if that's the exact number. I could be way off or I could be on the dot, but you guys can see that the circling supply right here is sitting at 6.45. It is being reported that the circling supply on uh Coin Gecko is 5.5 trillion. Now, I have this idea in place because a lot of you guys are coming to me and a lot of you guys have been commenting on my videos regarding a burn and how we could essentially get the community together.

[00:01:05]Okay, now listen, I'm in talks with BYDI regarding implementing a trading burn. I don't know if it's going to happen, but they are asking for a lot of users.

[00:01:14]Okay, they're not going to do it for two, three users because it is not worth it. Okay, so if you have a look right here and we go to my Twitter, I said, "If BYDI offered loom supply depending on trading volume on their centralized exchange, would you join by defi?" Okay, 100% said yes. But of course, that is not enough data because it's literally only three votes. Okay, that is not enough. So, I can go ahead and tell by defi to change a whole system, okay, just for three people. Okay, of course.

[00:01:43]And how much money are these people going to uh bring in, right? How much volume? $500, $300, maybe $50. So maybe it's not even worth it for them. But if you guys are a strong comedy from what I understand a couple years ago, and if you guys believe that Teruna Classic could essentially take it to the next level, uh you guys would not only share this video, but you guys would sign up with BYDI as well and pretty much spread this word like crazy, like fire. Now, of course, if you guys do sign up with BYDI, not only would you get a VIP level three, if you sign up under my link right here, I would automatically promote you $30 million um in volume.

[00:02:21]This is what you need, but I would do it for you for free. And then, of course, asset balance would be $250,000. So, um not only would you have you you wouldn't need any minimum assets or minimum trading volume, but I would automatically update you uh upgrade you to this, which you would get cheaper make or taker fee on spot and on futures. And of course, your 24-hour withdrawal limit would be 1 million instead of $500,000. And of course, on top of that, if you do deposit $5,000, you do get a $1,000 future bonus, which in my opinion could be pretty pretty good. Now, I'm not here to promote my Discord or anything, but the Discord is absolutely for free. If you guys join the link in the description below on the Discord, you will get access to uh trade idea, scalp signals, swing signals, market analysis, VIP chat, everything is pretty much for free. I drop all the trading signals, which is pretty pretty active. and maybe I could create a LON community chat for you guys if you guys are interested in that. Uh, but before we have a look at this chart, let's dive in right here. Uh, listen, there's a ton of people in this token. I'm not going to lie. $519 million is high considering that, you know, this thing went to absolute The fact that it could still hold a half a billion dollar market cap is pretty pretty impressive.

[00:03:32]This thing is, you know, it's in the top 100 if you take off like all the peg tokens and USDT and all the stable coins. Teruna Classic is a top 100 cryptocurrency. Now, the 24-hour chart traded volume is quite low. I'm not going to lie. Yes, it's trading on Binance, BitGet, and Weeks and all these stuff, MEXE, but it's still pretty low.

[00:03:51]There's no demand. Why is there no demand? Because people don't really care at the moment. They're like, "Okay, there's no burn implementation happening. Why should I essentially trade it?" Uh so that's what's happening right here. If we have a look at Terral Luna Classic, just a quick TA, uh this is what the chart indicator is giving.

[00:04:09]If you guys have a look right here on April 21st on the 1 hour time frame, we got a green diamond. Okay, since then this thing went up 190%. If you were on leverage 5 10x, you would have printed anywhere between a,000 to 2,000%. And I'm talking in a matter of 10 days, not even like 7 8 days, which is freaking insane. And of course on the 4hour time frame, if we have a look right here, you guys can see that Teral Luna Classic did go up. Uh again, we had that nice little green diamond on the 4hour time frame, which brought essentially Teruna Classic 256%. Which if you would have listened to this green diamond, you would essentially made a ton of money.

[00:04:49]Now, of course, if we have a look right here on the weekly time frame, something that I do want to have a look at is that Teruna Classic does seem to have the spikes pump and dump uh chart. Okay. So, we're going to have to see what happens here. But you can clearly see that every time we pump and we have these wicks on the weekly time frame. It's usually a start of a reversal right here. We saw it one, two. Okay, we also saw it right here, but it was not part of the trend line. So, I'm not really going to count that, but we still saw a massive dump.

[00:05:18]And the big question is what is going on? And what is going to happen in this candle right here? Are we going to see a dump? Are we going to see a correction or not? Now, of course, depending on what happens on Bitcoin, we know Bitcoin King, Bitcoin's a leader, right?

[00:05:32]Whatever Bitcoin does, this is what altcoins will do. Now, me, I strongly believe that Bitcoin is essentially going to do something like this. Okay? I think we're going to get rejected at this moving average. We're going to come back down, take this liquidity at $48,000 before going to the upside. This could be a fantastic short opportunity, but I don't want to be here and be bad news beers for you bulls. I do believe that this is a this is still a descending channel obviously as you guys can see which in my opinion are they they are bullish. So um you know we've seen cryptocurrencies that even when Bitcoin and Ethereum performed badly we still saw uh altcoins essentially exploding. Um, so I'm not going to really be very very negative on Teruna Classic because at the end of the day, if the Terral Luna Classic or Loom community is strong enough, I really believe that this thing can explode and pretty much go back to not not all-time high in uh in terms of um in this chart right here. Not not in terms of uh what was it sitting on the alltime high in terms of price. I mean, I'm not I'm not saying it's going to go back to $115 uh dollars because obviously in order for this thing to just reach half a dollar or 50 cents, the market cap would have to be uh $2.5 trillion or $2.7 trillion, which is obviously not probable unless there's a crazy hyperinflation happening on the US dollar and uh pretty much that's about it. But I don't think that is probable. So obviously guys, never say never. The market is looking good but we have to also see the stoastic RSI right here. We are looking overbought and we know historically what happens when we are overbought. Investors tend to sell but of course if the asset is bullish enough then this indicator can just get cancelled out and pretty much that's about it. Bitcoin also guys it is nearing this overbought section right here. So assuming Teruna Classic does essentially follow uh Bitcoin and Ethereum and all these cryptos, then that wouldn't be good for um that wouldn't be good for Teruna Classic. For LON holders, it would be very very bad.

[00:07:27]And pretty much that's about it. So just to top off the video, guys, uh like I said, I am in contact with BYD because you guys have been asking um you know, you guys have been asking questions about a loom burn and how it could happen again like I did it back with MEXE years ago. Um, listen, if you guys if we had a bunch of people to sign up on BYDI, uh, I could essentially try to implement it. Uh, but we would really need to be, it would really need to be a game changer. Again, I'm not asking for money whatsoever. My VIP free Discord is completely free. That's why it's free, right? It's a free VIP channel and the regular Discord is also free. So, everything part of the Discord is completely free. I'm not asking you guys to give me a $50 or $10. We're not doing we're not signing any petition right here. If we have enough users on BYDI who trade link, okay, then that could be a game changer for you users. Anyways, um that is it. That is my quick video. If you guys do like this video, again, make sure you guys like. I don't care if you guys subscribe, but make sure you guys like the video and share it with your friends and family. And I'll catch you guys in my next one. Peace out, fam.