The all-time high for what is now known as Terra Classic (LUNC) was $119.18.
Understanding Terra Classic's Peak
This peak price was achieved by the original cryptocurrency, Terra (LUNA), before its significant de-pegging event and subsequent re-branding. The name "Terra Classic" refers to this original blockchain and its associated token.
Historical data from reputable cryptocurrency platforms indicates that LUNA reached its maximum value of $119.18. This figure represents the highest price an individual LUNA token ever traded for, occurring in April 2022.
Key Details of the All-Time High
To clarify, the all-time high discussed for Terra Classic pertains to the original LUNA token's performance.
| Metric | Value |
|---|---|
| Asset | Terra LUNA (now Terra Classic LUNC) |
| All-Time High (ATH) | $119.18 |
| Date of ATH (approx.) | April 2022 |
Historical Context
The original Terra (LUNA) ecosystem aimed to maintain stablecoins, most notably UST, through algorithmic mechanisms. The ATH of $119.18 reflects a period of strong market confidence and rapid growth for the project within the cryptocurrency landscape.
Following the collapse of UST and LUNA in May 2022, the blockchain underwent significant changes, leading to the creation of a new LUNA token (often referred to as LUNA 2.0) and the original chain being renamed Terra Classic (LUNC). Consequently, when discussing Terra Classic's all-time high, it invariably refers to the peak valuation of the original LUNA token before these pivotal events.
