What is Luna classic (Lunc)?

The original blockchain comes first, along with the UST stablecoin and its native token, which has been renamed Luna Classic (LUNC). The second is a brand-new blockchain that features a new native token called Luna (LUNA). In general, LUNA Classic is the original coin that existed before.

What is Terra classic (Lunc)?

On May 28, 2022, the genesis block of the new chain was launched to conduct future transactions under the name Terra (LUNA), and the original Terra Chain was rebranded as Terra Classic. The original native token — LUNA has also been renamed as LUNA Classic (LUNC).

What is Luna (Luna)?

The second is a brand-new blockchain that features a new native token called Luna (LUNA). In general, LUNA Classic is the original coin that existed before. LUNA, which was worth $119, fell literally to zero in a span of a few days. The revamped LUNC is available for trade on several exchanges.

What happened to Luna tokens?

That coin was released in late May 2022. The tokens were distributed to holders of the old LUNA tokens and to holders of UST stablecoins. The old blockchain (Terra) remained intact, its native LUNA token was rebranded to luna classic (LUNC), and UST was kept in circulation.