Wrapped LUNA Classic (WLUNC) Price Prediction: WLUNC vs LUNC, Burns and Forecasts

Last Updated: October 30, 2026

Quick Answer: Wrapped LUNA Classic (WLUNC) is an Ethereum token that was created by Terra’s Shuttle bridge to represent LUNA, now called Luna Classic (LUNC). Terra permanently closed the Shuttle in November 2024, so WLUNC can no longer be redeemed for LUNC through it, and as of October 30, 2026 WLUNC trades near $0.0000093, about 78% below LUNC’s price of about $0.000043, with only about $2,000 in daily volume. LUNC itself has a market cap of about $237 million, and its supply keeps shrinking through burns: Binance alone reports burning about 82 billion LUNC between September 2022 and January 2026. The two models we track put LUNC at about $0.000041 to $0.000042 at the end of 2026; we found no current forecast for WLUNC.

This update explains WLUNC vs LUNC, the Luna Classic price and burn data, the Terra collapse and its legal outcome, and the latest third party forecasts.

Key Takeaways

• WLUNC is not LUNC. WLUNC is an ERC-20 token on Ethereum; its contract is the LUNA token listed in Terra’s Shuttle bridge repository
• No official redemption route. Terra reopened the Shuttle for redemptions on August 28, 2024 under a bankruptcy court order, then announced on November 5, 2024 that it was permanently closed and the remaining tokens in its wallets burned
• WLUNC trades at about a 78% discount to LUNC, and its 24-hour volume across four Ethereum pools was about $2,150 on October 30, 2026
• LUNC trades near $0.000043, up about 2% in 2026 but about 65% below its May 5 high of $0.000122
• Burns: LUNC’s on-chain total supply was about 6.445 trillion on October 30, 2026; Binance reports burning about 82.05 billion LUNC from its trading fees between September 21, 2022 and January 30, 2026
• Legal outcome: on December 11, 2025, the US Attorney’s Office for the Southern District of New York announced that Terraform Labs cofounder Do Kwon was sentenced to 15 years in prison

WLUNC vs LUNC: What Is the Difference?

A wrapped token is a copy of an asset on another blockchain, backed by the original asset held by a bridge. WLUNC let Ethereum users trade LUNA without leaving Ethereum. The contract CoinMarketCap lists for WLUNC on Ethereum is the same LUNA contract listed in the Terra Shuttle repository, which marks Ethereum support as deprecated.

That link to LUNC is now broken. According to Terra’s official X account, a bankruptcy court order in Terraform Labs’ chapter 11 case allowed it to reopen the Shuttle bridge so users could send LUNC and USTC bridged to Ethereum, BNB Chain and Harmony back to Terra Classic. The new interface opened on August 28, 2024. On November 5, 2024, Terra said the interface “has now been permanently closed” and that “all remaining tokens in the Shuttle Bridge wallets have been burned to complete the shutdown.”

Because a bridge like the Shuttle backs wrapped tokens with coins it holds on the original chain, WLUNC left on Ethereum after that date has no official route back to LUNC. This is why WLUNC no longer tracks LUNC’s price. At the end of 2025, WLUNC traded at about 64% of LUNC’s price; by October 30, 2026, it was about 22%.

Luna Classic Price and Burn: Where Things Stand

As of October 30, 2026, LUNC trades near $0.000043, little changed from its 2025 close of about $0.000042, and its total supply keeps falling through burns. On-chain data shows about 6.445 trillion LUNC in existence, and Binance reports burning about 82 billion LUNC from its trading fees since September 2022. The burns are small relative to supply, about 1.3% for Binance’s total, so they have not been enough on their own to lift the price.

LUNC Burn Data (Dated)

Notes: the on-chain figures come from public queries of the Terra Classic chain’s bank and tax modules; the date of block 25,800,000 is our estimate from the recent block rate, not a recorded timestamp. Binance’s page says it burns 50% of LUNC spot and margin trading fees, down from 100% before December 2022, and now publishes newer burn records on a separate page.

The main sources of burns are:

• The on-chain burn tax: a share of certain on-chain transactions is destroyed. The tax module listed a 1.5% rate on October 30, 2026; exemptions apply to some addresses, so not every transfer pays it.
• Binance’s monthly burns: Binance converts 50% of the fees from LUNC spot and margin trading into LUNC and burns it each month.
• One-off burns: the November 2024 Shuttle shutdown, for example, burned the remaining tokens in the bridge’s wallets.

To put the burn in perspective: removing about 40 billion LUNC a year from a supply of about 6.4 trillion is a reduction of well under 1% a year.

LUNC and WLUNC Key Data (October 2026)

Sources: CoinMarketCap data, market pairs and historical prices, read on October 30, 2026, around 14:00 UTC. CoinMarketCap’s WLUNC all-time high of about $264 in November 2021 is above LUNA’s own record and looks like a data error, and its LUNC all-time low of about $0.0000044 on December 18, 2025 is a single intraday print; that day closed near $0.000038.

The Terra Collapse and Do Kwon’s Sentence

Terra’s stablecoin, UST (now USTC), was designed to hold $1 through a mechanism linked to LUNA. In May 2022, UST lost its peg and LUNA collapsed; by late May, CoinMarketCap data showed about 6.5 trillion LUNA in circulation. LUNA had traded at an all-time high of about $119 on April 5, 2022, according to CoinMarketCap. After the crash, a new chain launched under the Terra name, and the original chain became Terra Classic, with its coin renamed LUNC. The community now maintains Terra Classic; according to its official site, “Terra 2.0 is a separate network launched by Terraform Labs.” Our feature on the rise, fall and resurrection of Terra Luna covers the full story.

On December 11, 2025, the US Attorney’s Office for the Southern District of New York announced that Do Hyeong Kwon, known as Do Kwon, had been sentenced to 15 years in prison “for committing wire fraud and conspiring to commit securities fraud, commodities fraud, and wire fraud.” According to the release:

• Kwon “pled guilty in August 2025”
• the sentence was imposed by US District Judge Paul A. Engelmayer
• he was ordered to forfeit “over $19 million in proceeds from his illegal schemes”
• “UST and LUNA crashed, resulting in over $40 billion worth in investor losses”

LUNC Price History

LUNC began 2026 near $0.000042 and fell to about $0.000031 in early February. A spring rally took it to about $0.000074 by the end of April and to its 2026 high of about $0.000122 on May 5, roughly four times the February low. It has fallen in most months since, and its October 29 low of about $0.0000424 was the lowest since late May. WLUNC did not share the spring rally: it ended April at about $0.000021, below its 2025 close, and set its all-time low of about $0.0000079 on June 27, 2026.

LUNC Price Prediction 2026 to 2040: Summary

How this table is built: every row summarizes the published LUNC forecasts of the two models we track, CoinCodex (updated October 30, 2026, at about today’s price) and CoinLore (model updated September 19, 2026, at a price of about $0.000052, about 20% above today’s), not targets of our own. The low is the lowest published figure, the mid is the average of CoinCodex’s December average and CoinLore’s base case, and the high is the highest figure. For 2026, CoinLore gives its range across all scenarios rather than year-end figures. These are forecasts for LUNC, not WLUNC: because WLUNC no longer tracks LUNC, they do not apply to it. We could not open a current WLUNC forecast from either model. Speculative, not financial advice.

LUNC Price Prediction 2026

Both models expect LUNC to end 2026 close to today’s price: about $0.0000406 at CoinCodex and $0.0000417 at CoinLore, falls of about 3% to 6%. CoinCodex rates sentiment as bearish, with 4 bullish and 30 bearish signals and a 14 day RSI of about 29, which it classes as oversold.

LUNC Price Prediction 2030

The models diverge after 2026. CoinCodex expects about $0.000034 in December 2030, about 20% below today’s price, after a dip to about $0.000025 in 2028. CoinLore’s base case of $0.000122 would be close to the May 2026 high and almost three times today’s price.

All forecasts are third party model estimates, not investment advice.

LUNC Price Prediction 2035 and 2040

For 2035, CoinCodex expects about $0.000052 and CoinLore about $0.00042. For 2040, CoinCodex expects about $0.000071 and CoinLore about $0.00097, with a bull case of $0.0028. Even that bull case is far below one cent.

Can Luna Classic Reach $1 or $0.01?

Not on any forecast we track. With about 5.51 trillion LUNC in circulation, $1 would imply a market cap of about $5.5 trillion, and $0.01 about $55 billion, more than 230 times today’s value. Even $0.001 would need about $5.5 billion, about 23 times today’s market cap. The highest model figure through 2040 is CoinLore’s bull case of about $0.0028.

Key Risks of WLUNC and LUNC

• WLUNC has no official redemption route: the Shuttle bridge closed in November 2024, and WLUNC trades far below LUNC
• Tiny WLUNC liquidity: about $2,150 in daily volume across four Ethereum pools; a small order can move the price sharply
• Copycat tokens: several “LUNA”, “WLUNA” and “WLUNC” tokens exist on different chains; check the contract address against CoinMarketCap
• Burns are slow: recent supply reductions amount to well under 1% a year
• Deep drawdown: LUNC is more than 99.9% below LUNA’s 2022 high and about 65% below its May 2026 peak

Where to Buy WLUNC or LUNC

CoinMarketCap lists four WLUNC markets, all decentralized exchanges on Ethereum: Uniswap v2, Uniswap v3, Uniswap v4 and SushiSwap. If you use one, confirm the contract address (0xd2877702675e6cEb975b4A1dFf9fb7BAF4C91ea9 on Ethereum) and expect high slippage. Our glossary entries on ERC-20 tokens and decentralized exchanges explain how these work.

Anyone who wants exposure to Luna Classic itself would usually buy LUNC on a centralized exchange or hold it in a Terra Classic wallet rather than buy WLUNC, because WLUNC no longer tracks LUNC. Our guide on how to verify crypto news and rumors explains how to check claims about new burns, relistings or bridge reopenings, which often circulate around LUNC.

Is WLUNC a Good Investment?

WLUNC is an extremely high risk token. Its original purpose, giving Ethereum users access to LUNA, ended when the Shuttle closed, and it now trades as a thinly traded Ethereum token at a deep discount to LUNC. LUNC itself remains speculative: burns are continuing but slow, and the two models we track disagree on where it goes after 2026. Further losses are possible. For more forecasts, see our crypto price predictions.

Data sources: CoinMarketCap (WLUNC and LUNC prices, market cap, supply, rank, price history and market pairs), the Terra Classic chain (total supply and tax parameters via a public node), Binance (LUNC burn announcement), the Terra Shuttle repository and Terra’s official X account (Shuttle closure), the US Attorney’s Office for the Southern District of New York, and the forecast pages of CoinCodex and CoinLore, as of October 30, 2026.

Frequently Asked Questions

What is Wrapped LUNA Classic (WLUNC)?
WLUNC is an ERC-20 token on Ethereum that was created by Terra’s Shuttle bridge to represent LUNA, now called Luna Classic (LUNC). Terra permanently closed the Shuttle in November 2024, so WLUNC can no longer be redeemed for LUNC through it. On October 30, 2026, WLUNC traded near $0.0000093, about 78% below LUNC, with very little volume.

What is the difference between WLUNC and LUNC?
LUNC is the native coin of the Terra Classic blockchain, the original LUNA renamed after the May 2022 collapse. WLUNC is a wrapped version on Ethereum that once tracked LUNC one for one. Since the Shuttle bridge closed in November 2024, the two trade separately: WLUNC was worth about 22% of LUNC’s price in late October 2026.

Is WLUNC the same as WLUNA?
Yes, they are names for the same wrapped token. Coinbase used the WLUNA ticker, while CoinMarketCap and most decentralized exchanges now show WLUNC. Be careful, though: several copycat tokens use similar names on different chains. Before trading, compare the contract address with the one CoinMarketCap lists for Wrapped LUNA Classic on Ethereum.

How much LUNC has been burned?
Binance reports burning 82,047,800,712.15 LUNC from its trading fees between September 21, 2022 and January 30, 2026. On-chain data shows total supply of about 6.445 trillion LUNC on October 30, 2026, about 39.6 billion less than at a block from around late October 2025. Burns also come from an on-chain tax on certain transactions.

What is the Luna Classic price prediction for 2026?
The two models we track both expect LUNC to end 2026 close to its late October price of about $0.000043. CoinCodex projects a December average of about $0.0000406 and CoinLore a base case of about $0.0000417. CoinLore’s model dates from September 19, when LUNC traded higher. No current model covers WLUNC.

What happened to Do Kwon?
On December 11, 2025, the US Attorney’s Office for the Southern District of New York announced that Do Kwon was sentenced to 15 years in prison for wire fraud and conspiracy to commit securities fraud, commodities fraud and wire fraud. He pleaded guilty in August 2025 and was ordered to forfeit over $19 million, according to the Justice Department.

Can Luna Classic reach $1?
No forecast we track comes close. With about 5.51 trillion LUNC in circulation, $1 would require a market cap of about $5.5 trillion. Even one cent would need about $55 billion, more than 230 times LUNC’s value in late October 2026. The highest model figure through 2040 is CoinLore’s bull case of about $0.0028.

Nothing in this article is financial advice. Cryptocurrency investments carry substantial risk.

About the author

Max delves deep into the cryptocurrency realm, with a passion for altcoins and NFTs. Convinced of crypto's transformative potential, he envisions a decentralized financial future. Max's background in the financial sector grants him unique insights into global monetary systems. In his leisure, Max embraces the thrill of adventures and is an avid sports enthusiast, finding balance and rejuvenation away from work.

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