Luna (LUNA) price is up 0.120000% in the last 24 hours. WLUNA Daily Performance Today's Wrapped LUNA Token price is $0.000164, which is up 3% over the last 24 hours. crypto The local Mobile Legends community was saddened by the sudden death of eSports shoutcaster Rob Luna. This one hit the little ramp in front of her throne, bounced about a hoof-height, then helplessly rolled down the full length before skidding about halfway across the marble, coming to a stop across one of the finer onyx inlays, which was already . Finally, there is always the risk that the smart contract could be hacked or otherwise compromised, which would result in loss of funds for investors. Finally, Wallet Investor was a lot more optimistic when it came to making its terra price prediction for 2023. 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Please ._3K2ydhts9_ES4s9UpcXqBi{display:block;padding:0 16px;width:100%} the most expensive ones, Binance Coin It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency LUNA, to facilitate programmable payments and open financial infrastructure development, Press J to jump to the feed. 24-hour trading volume is $ 32,750.89 USD. But you must have LUNA wrapped on a non-custodial wallet like Metamask. /*# sourceMappingURL=https://www.redditstatic.com/desktop2x/chunkCSS/TopicLinksContainer.3b33fc17a17cec1345d4_.css.map*/contact the moderators of this subreddit if you have any questions or concerns. Ethereum The WLUNA token was also not included in the snapshot for the upcoming airdrop. WLUNA was designed to allow LUNA owners to hold, trade, and take part in DeFi dApps on Ethereum. I also have WLuna on Coinbase wallet. UST, once the largest algorithmic stablecoin, and its twin token LUNA, which was supposed to stabilize USTs price, spiraled almost to zero within a week. No crypto has ever flipped Bitcoin. Want Daily LUNA Price Updates? Because of this, native LUNA wont work with ERC20, so you cant send native LUNA to a deposit address that uses ERC20. Create an account to follow your favorite communities and start taking part in conversations. Wrapped Luna will not follow Luna 2.0, but will instead maintain its tracking to the current version of Luna, soon to be known as Luna Classic. Additional features like achievements, lottery, and a referral system await! Is Wrapped LUNA Classic currently overbought zone by (RSI)? Terra, a once-$40 billion digital asset ecosystem, crumbled in May 2022 in what may have marked the largest token collapse in crypto history. Pipeflare.io Review (2022) Scam Or Legit Crypto Faucet? After that, youll be able to add it to wallets like Metamask. After the launch, the new native token of the new network inherited the LUNA name. Comment * document.getElementById("comment").setAttribute( "id", "a8c04813a9c7e167ddb729a8ea022072" );document.getElementById("bcefe1f62c").setAttribute( "id", "comment" ); Save my name, email, and website in this browser for the next time I comment. 1,376 views May 17, 2022 8 Dislike Share 362 subscribers There are 3 versions of LUNA that are available: native LUNA, Wrapped (Shuttle). Its role was to serve as a twin token to absorb any price deviation of the blockchains algorithmic stablecoin, terraUSD (UST). Wrapped LUNA Classic is up 5.29% in the last 24 hours. , 1M Long. Wrapped LUNA Classic, or WLUNC, is a derivation of the LUNA token, which allows it to be traded on the Ethereum (ETH-USD) blockchain. /*# sourceMappingURL=https://www.redditstatic.com/desktop2x/chunkCSS/IdCard.ea0ac1df4e6491a16d39_.css.map*/._2JU2WQDzn5pAlpxqChbxr7{height:16px;margin-right:8px;width:16px}._3E45je-29yDjfFqFcLCXyH{margin-top:16px}._13YtS_rCnVZG1ns2xaCalg{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:18px;display:-ms-flexbox;display:flex}._1m5fPZN4q3vKVg9SgU43u2{margin-top:12px}._17A-IdW3j1_fI_pN-8tMV-{display:inline-block;margin-bottom:8px;margin-right:5px}._5MIPBF8A9vXwwXFumpGqY{border-radius:20px;font-size:12px;font-weight:500;letter-spacing:0;line-height:16px;padding:3px 10px;text-transform:none}._5MIPBF8A9vXwwXFumpGqY:focus{outline:unset} Yes, I bought it after the crash, about 4.3 mil shares. Wrapped Luna has a place on Ethereum because it is the most well-liked dApp platform and where some of the most well-liked Defi applications are found. Criteria of comparison. This is due to the inability to connect the Terra ecosystem and the ERC20 network. Wrapped LUNA token is designed to maintain a 1:1 peg with Terra and has also crashed as a result. The WLUNA or WLUNC can be added to your MetaMask account by copying the contract address into your wallet. We explain why the prices can deviate and overview some of the key risks investors must consider when holding this token. By using a WLUNA partner, users can also exchange WLUNA for Luna and the other way around. Reddit and its partners use cookies and similar technologies to provide you with a better experience. ._1QwShihKKlyRXyQSlqYaWW{height:16px;width:16px;vertical-align:bottom}._2X6EB3ZhEeXCh1eIVA64XM{margin-left:3px}._1jNPl3YUk6zbpLWdjaJT1r{font-size:12px;font-weight:500;line-height:16px;border-radius:2px;display:inline-block;margin-right:5px;overflow:hidden;text-overflow:ellipsis;vertical-align:text-bottom;white-space:pre;word-break:normal;padding:0 4px}._1jNPl3YUk6zbpLWdjaJT1r._39BEcWjOlYi1QGcJil6-yl{padding:0}._2hSecp_zkPm_s5ddV2htoj{font-size:12px;font-weight:500;line-height:16px;border-radius:2px;display:inline-block;margin-right:5px;overflow:hidden;text-overflow:ellipsis;vertical-align:text-bottom;white-space:pre;word-break:normal;margin-left:0;padding:0 4px}._2hSecp_zkPm_s5ddV2htoj._39BEcWjOlYi1QGcJil6-yl{padding:0}._1wzhGvvafQFOWAyA157okr{font-size:12px;font-weight:500;line-height:16px;border-radius:2px;margin-right:5px;overflow:hidden;text-overflow:ellipsis;vertical-align:text-bottom;white-space:pre;word-break:normal;box-sizing:border-box;line-height:14px;padding:0 4px}._3BPVpMSn5b1vb1yTQuqCRH,._1wzhGvvafQFOWAyA157okr{display:inline-block;height:16px}._3BPVpMSn5b1vb1yTQuqCRH{background-color:var(--newRedditTheme-body);border-radius:50%;margin-left:5px;text-align:center;width:16px}._2cvySYWkqJfynvXFOpNc5L{height:10px;width:10px}.aJrgrewN9C8x1Fusdx4hh{padding:2px 8px}._1wj6zoMi6hRP5YhJ8nXWXE{font-size:14px;padding:7px 12px}._2VqfzH0dZ9dIl3XWNxs42y{border-radius:20px}._2VqfzH0dZ9dIl3XWNxs42y:hover{opacity:.85}._2VqfzH0dZ9dIl3XWNxs42y:active{transform:scale(.95)} You can read more about it here and you can sign up using this form! Cryptocurrency Users in the US Hit by Ransomware and Clipper Malware, Autofaucet Dutchycorp Space Review (2022) Click Links and Earn Bitcoins. ._3Z6MIaeww5ZxzFqWHAEUxa{margin-top:8px}._3Z6MIaeww5ZxzFqWHAEUxa ._3EpRuHW1VpLFcj-lugsvP_{color:inherit}._3Z6MIaeww5ZxzFqWHAEUxa svg._31U86fGhtxsxdGmOUf3KOM{color:inherit;fill:inherit;padding-right:8px}._3Z6MIaeww5ZxzFqWHAEUxa ._2mk9m3mkUAeEGtGQLNCVsJ{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:18px;color:inherit} I was worried about it just disappearing because of a mismatch. Lets look at Wrapped Lunas most recent developments now that Luna 2.0 is operational following Terra Lunas vote for a new chain. Wrapped LUNA Classic Price Live Data. Prior to the collapse, both UST and LUNA were top 10 cryptocurrencies. This token was designed by the Terra Labs team to enable investors to use their LUNA tokens on popular DeFi protocols like Uniswap or Curve Finance to earn additional yield. I dont think anyone knows. ._3-SW6hQX6gXK9G4FM74obr{display:inline-block;vertical-align:text-bottom;width:16px;height:16px;font-size:16px;line-height:16px} WLUNA can be lent, borrowed, traded, or stored if you have an Ethereum wallet like MetaMask. Buy in spot and hold for ur life . Cardano Wrapped Luna was further created to enable Luna holders to trade, hold and participate in decentralised finance dApps on Ethereum. ._3bX7W3J0lU78fp7cayvNxx{max-width:208px;text-align:center} Really, anything will do. TRX Thank you for joining our community! Wrapped Luna Classic $WLUNC on the other hand is an ERC-20 Token and can be used on the Ethereum blockchain. UST has however lost its peg and on Friday was trading at around 12 cents, according to data from CoinGecko. Wrapped Luna (WLUNA) is an Ethereum based token that serves as a blockchain representation of Terra (LUNA). Zcash. What is LUNA. We also helps readers find the best way to earn yield in DeFi with WLUNAtokens by providing liquidity to Uniswap (V3). WLUNA has a superior recent technical analysis than 2% of tokens based on these trading metrics. Terra/Luna is a crypto-based and decentralized financial payment network. This is not unusual. LUNA holders could then burn their LUNA to mint UST and make a 50% profit. However, if you are sending LUNA to Terra Station, you do not need to include a memo. For instance, you could use WLUNA on Uniswap to create a liquidity pool. Luna has done phenomenal in this run and we can all agree with that. According to Fatman: "All of these LUNA variants (including Wrapped LUNA Classic on Ethereum) will receive the LUNA 2 airdrop at a later date - Terra devs are currently indexing all of these chains. The team contacted Coinbase about Wrapped Luna, according to TerraForm Labs CEO Do Kwon, but has not received a response. GAMEDAYLIVENew Mexico Military vs. Luna New Mexico Military vs. Luna EST Live Here https://www.youtube.com/redirect?event=video_description&q=h. In a way, WLUNA is not unlike stablecoins. The cost of WLUNA, which is currently sitting at $0.00012 as of this writing, has also been impacted by the recent collapse in the price of Luna. Wrapped Luna Classic (WLUNA or WLUNC) is an Ethereum token (ERC20) that is pegged 1:1 to the price of Luna Classic. ._2cHgYGbfV9EZMSThqLt2tx{margin-bottom:16px;border-radius:4px}._3Q7WCNdCi77r0_CKPoDSFY{width:75%;height:24px}._2wgLWvNKnhoJX3DUVT_3F-,._3Q7WCNdCi77r0_CKPoDSFY{background:var(--newCommunityTheme-field);background-size:200%;margin-bottom:16px;border-radius:4px}._2wgLWvNKnhoJX3DUVT_3F-{width:100%;height:46px} Wrapped Luna was further created to enable Luna holders to trade, hold and participate in decentralised finance dApps on Ethereum. The snapshot for the impending airdrop did not also include the WLUNA token. Copyright btcadv.com 2022 All Right Reserved. By providing liquidity on popular decentralized exchanges, users can earn additional yield and unlock extra utility for their LUNA tokens. On May 28, 2022, the Terra chain experienced a fork leading to the launch of the new Terra 2.0 network.. Processing transactions on your Terra Station wallet, Adding to liquidity pools on DeFi protocols, Send wrapped LUNA to the exchange via the ERC20 network, Receive wrapped LUNA on the exchange (it will aggregate wrapped LUNA and LUNA as one balance), Send LUNA via the Terra network to a wallet which supports the native Terra network, Connect a non-custodial wallet that has wrapped LUNA (ERC20) inside, Copy a Terra network deposit address (usually starts with terra) as the destination address, Send native LUNA to the wallet that supports the Terra network, You will need to pay a gas fee for this transfer, which can be quite high, You are only able to send native LUNA to a non-custodial wallet which does not require a memo. I was told to put it in a wallet--it will be safer there. The Terra network is based on the Delegated Proof-of-Stake consensus algorithm, where miners (validators) need to stake a native cryptocurrency LUNA to mine . The Terra bridge is required to convert Wrapped Luna into the original LUNA tokens because it is an Ethereum-based ERC token. Its key goal is to replace payment chains that include banks, payment gateways and credit card networks. You can also deposit to your KuCoin under the erc20 address they'll provide (under the network tab you can choose erc20/terra). Wrapped LUNA Classic is -0.59% in the last 24 hours. Wrapped Luna will continue to track the current Luna version, which will soon be referred to as Luna Classic, rather than following Luna 2.0. Sign up for Crypto Long & Short, our weekly newsletter featuring insights, news and analysis for the professional investor. LUNAUSDT. The latest moves in crypto markets, in context. The concept of wrapped tokens can be further described as the tokenised form of another coin, usually anchored to the value of the asset that it represents. The 14-Day Relative Strength Index (RSI) is at 47.59 which indicates that the cryptocurrency is currently NEUTRAL and may trade sideways. The amount of Wrapped LUNA Classic traded has risen by 82,617.40 in the last 24 hours, which is a 112.60% increase . Ana patiently took our orders, and guided me to Gyro vs. Chicken for my pita wrap. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. When sending LUNA to KuCoin, it makes no difference which network is used. Luna Classic (LUNC) is the actual Terra Luna token gone behind pursuing the takeoff of a new Terra chain after the recent UST/Luna failure. Users are also able to quickly and easily switch between devices without losing progress. You can repeat the same process of converting wrapped LUNA to LUNA on other exchanges: On some platforms, like Coinbase and Gemini, wrapped LUNA was the only type of support available. There will be a finite supply of luna tokens, maximized at 1 billion coins in circulation. Buy Bitcoin Bank was built to deliver the best cryptocurrency onboarding information for investors around the world.All content on this website is purely for educational purposes only and should not be misinterpreted as any kind of endorsement. The activity and use cases on the new blockchain will ultimately determine how much luna is worth and if it will succeed. TerraUSD or UST, is supposed to be pegged one-to-one with the U.S. dollar. An Ethereum token called Wrapped Luna was created to stand in for Luna on the blockchain. Note that LUNA and wLUNA should be the same from a price perspective. Your email address will not be published. Accordingly, this token has gained some attention, as there . Ill use the ERC20 deposit address, for instance, to send LUNA to my KuCoin account. this is confusing - I see Wrapped ready to resume on May27 on coinbase and then Im hearing about the 2.0 version taking its place, but not seeing anything listed when I search..? Once done, fund your wallet and buy Terra and/or Terra Classic. Users can also trade WLUNA to Luna through a WLUNA partner, and vice versa. DGB By signing up, you will receive emails about CoinDesk products and you agree to ourterms & conditionsandprivacy policy. The current average price of Wrapped LUNA Classic is $ 0.000160, which is a weighted average across 3 crypto exchanges. LUNA is the native staking token in Terra Protocol. He proposed a plan to create a new blockchain with a fork and then distribute new tokens among the community members based on how many UST and LUNA tokens they held. With practice, youll be able to distinguish between the two, even though at first they might appear to be similar. Wrapped LUNA Classic is falling this week. Krisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. How Can I Convert from Wrapped LUNA to LUNA? Is this the same thing? It is a separate ERC-20 token designed to track the value of Terra Luna. Those things are: The official Terra LUNA wallet, Terra Station, does not accept direct transfers of wrapped LUNA tokens from external wallets. This occurs because WLUNA is a token only available on decentralized exchanges (DEX) and has significantly lower liquidity than the main Terra Luna Classic token. Your email address will not be published. Although Coinbase had previously stated that it would support Terra Luna, the listing for Luna has since been canceled. Its role was to serve as a twin token to absorb any price . UST was supposed to keep its price pegged to the U.S. dollar by creating (minting) and (destroying) burning UST tokens to balance the stablecoins supply and demand at a $1 price peg. In this guide, we outline what the Wrapped LUNA(WLUNA) token is and how it differs from Wrapped LUNAClassic (WLUNC). It will not function within the Terra ecosystem and will not be supported by any native Terra wallets, including Terra Station. The native Terra version cannot be withdrawn from these platforms; only the ERC20 version is possible. Whats Better, Terra Luna Or Wrapped Luna? Any night you wake up in the next few months, you'll find Luna standing at the temporary resistance of $46. Billed as an ERC-20 token built to track the value of Luna, the sudden collapse has affected its value. Read more: The Fall of Terra: A Timeline of the Meteoric Rise and Crash of UST and LUNA. The network leverages a native token, stablecoin protocol, oracle system, and smart contracts to bring users programmable money for the internet. For example, $LUNC or Luna Classic is meant to be used on the Terra Blockchain. Comparatively, the current price is -100.00% lower than the all-time high price. CBP is delisting, Go look on twitter! Your weekly wrap of Web3 news and trends. Wrapped Luna vs. Luna Differences & How to Choose. Mini Doge Pro (Minidogepro) Price Prediction, ARPA Chain (Arpa Crypto) Price Prediction, The Difference Between LUNA and Wrapped LUNA, There Arent Many Use Cases for Wrapped LUNA (wLUNA), There is a Wrapped Version of LUNA on the Binance Smart Chain Too. Unfortunately, none of the numerous Ethereum-based applications that are currently accessible can be used with Terra Luna. Terra (LUNA) is a blockchain protocol created to develop stable cryptocurrencies and a transparent financial infrastructure, focused on payments and smart contracts. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); I can't believe IT myself. They might diverge occasionally, but the arb opportunity should always re-align the pricing. As a result, the token that was worth $119 in early April of 2022 fell below one cent by the end of May 2022. FireFaucet Win Review (2022) Crypto Earning Site | Legit or Scam? Yes its just a ERC-20 wrapped version on the token. Read More: Opinion: Why Terras Fall Offers a Unique Opportunity to Create a Better Stablecoin Environment. I am a Finance graduate and market analyst that enjoys researching and writing about digital assets and how they intersect with Macro. This project was released in mid 2021. These tokens can be redeemed or "unwrapped" by users at any time. As an example, users can provide WLUNA/WETH liquidity on Uniswap to earn up to 15% APY depending on fees from the pool. It promises to work on any screen with virtually no game download or update time. Aside from Luna and TerraUSD, Wrapped Luna has also been hit by the Terra collapse. As an alternative, you can utilize a bridge (such as converting from ERC20 to Terra via the Terra Bridge. As Coinbase prepares to suspend LUNA trading in two weeks, Binance suspended LUNA and UST trading with Binance USD (BUSD) earlier today, only to resume the . Following the crash, Wrapped Luna suffered a similar fate as Luna, which was delisted from exchanges like Binance. Feyorra Be sure to do your own research and carefully assess the potential rewards and risks of investing in WLUNA before deciding whether or not it is right for you. How Ethereum's evolution impacts crypto markets. Celo (CELO) Price Prediction 2023 2030: Is It A Great Investment? The biggest crypto news and ideas of the day. Metamask Similar to how adding Bitcoin to wallets like Metamask is impossible because the ERC20 network is incompatible with the Bitcoin network, so to speak. It could potentially be used in some DeFi applications, but its primary use is to represent LUNA on the Ethereum network. ._1EPynDYoibfs7nDggdH7Gq{margin-bottom:8px;position:relative}._1EPynDYoibfs7nDggdH7Gq._3-0c12FCnHoLz34dQVveax{max-height:63px;overflow:hidden}._1zPvgKHteTOub9dKkvrOl4{font-family:Noto Sans,Arial,sans-serif;font-size:14px;line-height:21px;font-weight:400;word-wrap:break-word}._1dp4_svQVkkuV143AIEKsf{-ms-flex-align:baseline;align-items:baseline;background-color:var(--newCommunityTheme-body);bottom:-2px;display:-ms-flexbox;display:flex;-ms-flex-flow:row nowrap;flex-flow:row nowrap;padding-left:2px;position:absolute;right:-8px}._5VBcBVybCfosCzMJlXzC3{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:21px;color:var(--newCommunityTheme-bodyText)}._3YNtuKT-Is6XUBvdluRTyI{position:relative;background-color:0;color:var(--newCommunityTheme-metaText);fill:var(--newCommunityTheme-metaText);border:0;padding:0 8px}._3YNtuKT-Is6XUBvdluRTyI:before{content:"";position:absolute;top:0;left:0;width:100%;height:100%;border-radius:9999px;background:var(--newCommunityTheme-metaText);opacity:0}._3YNtuKT-Is6XUBvdluRTyI:hover:before{opacity:.08}._3YNtuKT-Is6XUBvdluRTyI:focus{outline:none}._3YNtuKT-Is6XUBvdluRTyI:focus:before{opacity:.16}._3YNtuKT-Is6XUBvdluRTyI._2Z_0gYdq8Wr3FulRLZXC3e:before,._3YNtuKT-Is6XUBvdluRTyI:active:before{opacity:.24}._3YNtuKT-Is6XUBvdluRTyI:disabled,._3YNtuKT-Is6XUBvdluRTyI[data-disabled],._3YNtuKT-Is6XUBvdluRTyI[disabled]{cursor:not-allowed;filter:grayscale(1);background:none;color:var(--newCommunityTheme-metaTextAlpha50);fill:var(--newCommunityTheme-metaTextAlpha50)}._2ZTVnRPqdyKo1dA7Q7i4EL{transition:all .1s linear 0s}.k51Bu_pyEfHQF6AAhaKfS{transition:none}._2qi_L6gKnhyJ0ZxPmwbDFK{transition:all .1s linear 0s;display:block;background-color:var(--newCommunityTheme-field);border-radius:4px;padding:8px;margin-bottom:12px;margin-top:8px;border:1px solid var(--newCommunityTheme-canvas);cursor:pointer}._2qi_L6gKnhyJ0ZxPmwbDFK:focus{outline:none}._2qi_L6gKnhyJ0ZxPmwbDFK:hover{border:1px solid var(--newCommunityTheme-button)}._2qi_L6gKnhyJ0ZxPmwbDFK._3GG6tRGPPJiejLqt2AZfh4{transition:none;border:1px solid var(--newCommunityTheme-button)}.IzSmZckfdQu5YP9qCsdWO{cursor:pointer;transition:all .1s linear 0s}.IzSmZckfdQu5YP9qCsdWO ._1EPynDYoibfs7nDggdH7Gq{border:1px solid transparent;border-radius:4px;transition:all .1s linear 0s}.IzSmZckfdQu5YP9qCsdWO:hover ._1EPynDYoibfs7nDggdH7Gq{border:1px solid var(--newCommunityTheme-button);padding:4px}._1YvJWALkJ8iKZxUU53TeNO{font-size:12px;font-weight:700;line-height:16px;color:var(--newCommunityTheme-button)}._3adDzm8E3q64yWtEcs5XU7{display:-ms-flexbox;display:flex}._3adDzm8E3q64yWtEcs5XU7 ._3jyKpErOrdUDMh0RFq5V6f{-ms-flex:100%;flex:100%}._3adDzm8E3q64yWtEcs5XU7 .dqhlvajEe-qyxij0jNsi0{color:var(--newCommunityTheme-button)}._3adDzm8E3q64yWtEcs5XU7 ._12nHw-MGuz_r1dQx5YPM2v,._3adDzm8E3q64yWtEcs5XU7 .dqhlvajEe-qyxij0jNsi0{font-size:12px;font-weight:700;line-height:16px;cursor:pointer;-ms-flex-item-align:end;align-self:flex-end;-webkit-user-select:none;-ms-user-select:none;user-select:none}._3adDzm8E3q64yWtEcs5XU7 ._12nHw-MGuz_r1dQx5YPM2v{color:var(--newCommunityTheme-button);margin-right:8px;color:var(--newCommunityTheme-errorText)}._3zTJ9t4vNwm1NrIaZ35NS6{font-family:Noto Sans,Arial,sans-serif;font-size:14px;line-height:21px;font-weight:400;word-wrap:break-word;width:100%;padding:0;border:none;background-color:transparent;resize:none;outline:none;cursor:pointer;color:var(--newRedditTheme-bodyText)}._2JIiUcAdp9rIhjEbIjcuQ-{resize:none;cursor:auto}._2I2LpaEhGCzQ9inJMwliNO,._42Nh7O6pFcqnA6OZd3bOK{display:inline-block;margin-left:4px;vertical-align:middle}._42Nh7O6pFcqnA6OZd3bOK{fill:var(--newCommunityTheme-button);color:var(--newCommunityTheme-button);height:16px;width:16px;margin-bottom:2px} In parallel, the old blockchain often referred to as Terra Classic remained live but with little to no activity and no plans for development on it. This is likely cheaper than using the terra bridge. So if I just deposit it into Luna on Kucoin it will arrive safely? SOL With Luna delistings on exchanges such as Binance happening following the crash, Wrapped Luna had a similar fate. Tron One day Luna surprised You. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. BNB Learn more about Consensus 2023, CoinDesks longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. We update our WLUNC to USD price in real-time. Thanks so much! The food was delicious and the staff very friendly. BitPaye Review (2022) Can You Really Earn Bitcoins? The highest price paid for Wrapped Terra Classic (LUNC) is $119.29, which was recorded on Apr 05, 2022 (11 months). Wrapped Cryptocurrencies are a way to be able to use a Cryptocurrency outside the blockchain they were meant for. Both Luna and Wrapped Luna are now trading at below $0.01. Because of this, Terra Station does not accept tokens made on other blockchains. Required fields are marked *. If you are sending LUNA via the Terra network to another exchange platform such as Binance, you will need to include a memo from the LUNA deposit address. Wrapped LUNA Token receives a weak short-term technical ranking of 2 from InvestorsObserver data analysis. It is not LUNA, but rather a separate ERC-20 token that's designed to track LUNA's value. This will automatically add Wrapped LUNA tokens to your MetaMask wallet. I moved my LUNA from Kucoin to my Ledger a while back and it turned it into Wrapped Luna. Unlike LUNA, the WLUNA crypto is simply an ERC-20 token, which seeks to track the value of the LUNA token on the Ethereum platform. Binance will be getting the air drop. Have the last 30 trading days been positive? This illiquidity makes it easier for market actors to manipulate or cause large deviations in the price of WLUNA relative to LUNC and WLUNC. 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