Its . Terra (LUNA) is a decentralized financial infrastructure and blockchain protocol that introduces some unique concepts and theories into the market. $LUNC existed before the launch of the new chain now branded Terra (LUNA) and works with the original code of the Terra ecosystem. The majority of validators the guardians of the network who approve transactions in the network and possess governance rights voted to approve the proposal. This illiquidity makes it easier for market actors to manipulate or cause large deviations in the price of WLUNA relative to LUNC and WLUNC. CoinPayz Review (2022) Legit or Scam Crypto Faucet for Free? Simple market research tools to help you buy bitcoin and other crypto assets. The old blockchain continued to operate, and its token was rebranded to luna classic (LUNC). Following the crash, Wrapped Luna suffered a similar fate as Luna, which was delisted from exchanges like Binance. Coinbase, which does not support Luna, announced on Twitter it would pause Wrapped Luna trading from May 27. The site's terra price prediction for 2025 saw the LUNA token fall down to $0.46 by the end of the year. If I move it back to Kucoin will it just transfer back to LUNA? This is not unusual. FireFaucet Win Review (2022) Crypto Earning Site | Legit or Scam? Moreover, with Crypto Investment Plan (CIP . In the case of TerraUSD, that other "out of thin air" asset is the cryptocurrency Luna. And LUNA went from $90 a pop to all but worthless. Read more: Algorithmic Stablecoins: What They Are and How They Can Go Terribly Wrong. He holds BTC and ETH. I dont think anyone knows. ._3Qx5bBCG_O8wVZee9J-KyJ{border-top:1px solid var(--newCommunityTheme-widgetColors-lineColor);margin-top:16px;padding-top:16px}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN{margin:0;padding:0}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:21px;display:-ms-flexbox;display:flex;-ms-flex-pack:justify;justify-content:space-between;-ms-flex-align:center;align-items:center;margin:8px 0}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ.QgBK4ECuqpeR2umRjYcP2{opacity:.4}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ label{font-size:12px;font-weight:500;line-height:16px;display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ label svg{fill:currentColor;height:20px;margin-right:4px;width:20px;-ms-flex:0 0 auto;flex:0 0 auto}._3Qx5bBCG_O8wVZee9J-KyJ ._4OtOUaGIjjp2cNJMUxme_{-ms-flex-pack:justify;justify-content:space-between}._3Qx5bBCG_O8wVZee9J-KyJ ._4OtOUaGIjjp2cNJMUxme_ svg{display:inline-block;height:12px;width:12px}._2b2iJtPCDQ6eKanYDf3Jho{-ms-flex:0 0 auto;flex:0 0 auto}._4OtOUaGIjjp2cNJMUxme_{padding:0 12px}._1ra1vBLrjtHjhYDZ_gOy8F{font-family:Noto Sans,Arial,sans-serif;font-size:12px;letter-spacing:unset;line-height:16px;text-transform:unset;--textColor:var(--newCommunityTheme-widgetColors-sidebarWidgetTextColor);--textColorHover:var(--newCommunityTheme-widgetColors-sidebarWidgetTextColorShaded80);font-size:10px;font-weight:700;letter-spacing:.5px;line-height:12px;text-transform:uppercase;color:var(--textColor);fill:var(--textColor);opacity:1}._1ra1vBLrjtHjhYDZ_gOy8F._2UlgIO1LIFVpT30ItAtPfb{--textColor:var(--newRedditTheme-widgetColors-sidebarWidgetTextColor);--textColorHover:var(--newRedditTheme-widgetColors-sidebarWidgetTextColorShaded80)}._1ra1vBLrjtHjhYDZ_gOy8F:active,._1ra1vBLrjtHjhYDZ_gOy8F:hover{color:var(--textColorHover);fill:var(--textColorHover)}._1ra1vBLrjtHjhYDZ_gOy8F:disabled,._1ra1vBLrjtHjhYDZ_gOy8F[data-disabled],._1ra1vBLrjtHjhYDZ_gOy8F[disabled]{opacity:.5;cursor:not-allowed}._3a4fkgD25f5G-b0Y8wVIBe{margin-right:8px} Wrapped Luna Classic (WLUNA) is an Ethereum token that's intended to represent Terra (LUNA) on the Ethereum blockchain. Your weekly wrap of Web3 news and trends. You can read more about it here and you can sign up using this form! By signing up, you will receive emails about CoinDesk product updates, events and marketing and you agree to our, NFTs Biggest Company Is Coming to Bitcoin Ordinals, Bitcoins Future Hinges on Donations, and Thats Got People Worried, Metaverse Token Gamium Surges; Robinhood Received Crypto-Related Subpoena Request From SEC, Crypto Con Artists Leave Trail of Rip Deal Victims From Amsterdam to Rome. Wrapped Luna was further created to enable Luna holders to trade, hold and participate in decentralised finance dApps on Ethereum. "The MPL Philippines and the MLBB (Mobile Legends: Bang Bang) community deeply mourn the passing of Rob Luna, as confirmed by his family," Mobile Legends Professional League said in a Facebook post. As a result, the token that was worth $119 in early April of 2022 fell below one cent by the end of May 2022. After the launch, the new native token of the new network inherited the LUNA name. Reddit and its partners use cookies and similar technologies to provide you with a better experience. LUNA is the native staking token in Terra Protocol. Krisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. ._2ik4YxCeEmPotQkDrf9tT5{width:100%}._1DR1r7cWVoK2RVj_pKKyPF,._2ik4YxCeEmPotQkDrf9tT5{display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center}._1DR1r7cWVoK2RVj_pKKyPF{-ms-flex-pack:center;justify-content:center;max-width:100%}._1CVe5UNoFFPNZQdcj1E7qb{-ms-flex-negative:0;flex-shrink:0;margin-right:4px}._2UOVKq8AASb4UjcU1wrCil{height:28px;width:28px;margin-top:6px}.FB0XngPKpgt3Ui354TbYQ{display:-ms-flexbox;display:flex;-ms-flex-align:start;align-items:flex-start;-ms-flex-direction:column;flex-direction:column;margin-left:8px;min-width:0}._3tIyrJzJQoNhuwDSYG5PGy{display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center;width:100%}.TIveY2GD5UQpMI7hBO69I{font-size:12px;font-weight:500;line-height:16px;color:var(--newRedditTheme-titleText);white-space:nowrap;overflow:hidden;text-overflow:ellipsis}.e9ybGKB-qvCqbOOAHfFpF{display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center;width:100%;max-width:100%;margin-top:2px}.y3jF8D--GYQUXbjpSOL5.y3jF8D--GYQUXbjpSOL5{font-weight:400;box-sizing:border-box}._28u73JpPTG4y_Vu5Qute7n{margin-left:4px} 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. 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 . Bitcoin Zcash. As an investor, you must be . You can also deposit to your KuCoin under the erc20 address they'll provide (under the network tab you can choose erc20/terra). Required fields are marked *. ._1aTW4bdYQHgSZJe7BF2-XV{display:-ms-grid;display:grid;-ms-grid-columns:auto auto 42px;grid-template-columns:auto auto 42px;column-gap:12px}._3b9utyKN3e_kzVZ5ngPqAu,._21RLQh5PvUhC6vOKoFeHUP{font-size:16px;font-weight:500;line-height:20px}._21RLQh5PvUhC6vOKoFeHUP:before{content:"";margin-right:4px;color:#46d160}._22W-auD0n8kTKDVe0vWuyK,._244EzVTQLL3kMNnB03VmxK{display:inline-block;word-break:break-word}._22W-auD0n8kTKDVe0vWuyK{font-weight:500}._22W-auD0n8kTKDVe0vWuyK,._244EzVTQLL3kMNnB03VmxK{font-size:12px;line-height:16px}._244EzVTQLL3kMNnB03VmxK{font-weight:400;color:var(--newCommunityTheme-metaText)}._2xkErp6B3LSS13jtzdNJzO{-ms-flex-align:center;align-items:center;display:-ms-flexbox;display:flex;margin-top:13px;margin-bottom:2px}._2xkErp6B3LSS13jtzdNJzO ._22W-auD0n8kTKDVe0vWuyK{font-size:12px;font-weight:400;line-height:16px;margin-right:4px;margin-left:4px;color:var(--newCommunityTheme-actionIcon)}._2xkErp6B3LSS13jtzdNJzO .je4sRPuSI6UPjZt_xGz8y{border-radius:4px;box-sizing:border-box;height:21px;width:21px}._2xkErp6B3LSS13jtzdNJzO .je4sRPuSI6UPjZt_xGz8y:nth-child(2),._2xkErp6B3LSS13jtzdNJzO .je4sRPuSI6UPjZt_xGz8y:nth-child(3){margin-left:-9px} The recent Luna price collapse has also affected the price of WLUNA, which at press time is sitting at $0.00012. 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. The food was delicious and the staff very friendly. Criteria of comparison. You can exchange Wrapped LUNA Classic with 4 other cryptocurrencies. Your best option in this circumstance is to purchase both Terra LUNA and Wrapped LUNA. 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. I was trusting that company. There is some confusion between the naming conventions of WLUNA and WLUNC. 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. As such, it will not follow the Luna 2.0 price. Should I convert it? Wrapped Luna is a derivative token that exists on Ethereum, whereas Terra Luna is a native platform token on the Terra network. 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. LongForecast 's terra crypto price prediction held a bearish view on the future of LUNA. The net result was a failed experiment. WLUNA Daily Performance Today's Wrapped LUNA Token price is $0.000164, which is up 3% over the last 24 hours. There will be a finite supply of luna tokens, maximized at 1 billion coins in circulation. Luna Classic (LUNC) is the first native token of Terra blockchain released in August 2018. Wrapped Luna was further created to enable Luna holders to trade, hold and participate in decentralised finance dApps on Ethereum. DGB Thank you for joining our community! This article describes the display bug affecting WLUNA holders in Ledger Live.. A bit of background. The WLUNA token was also not included in the snapshot for the upcoming airdrop. The 14-Day Relative Strength Index (RSI) is at 47.59 which indicates that the cryptocurrency is currently NEUTRAL and may trade sideways. Shiba Inu What is WLUNA? There is currently over 30 million wrapped UST on the vine and smart chain and some yield aggregators like Auto Farm . Many of the big-name cryptocurrency exchanges supported the launch and listed the new token. Terra/Luna is a crypto-based and decentralized financial payment network. As mentioned WLUNA is not a standalone cryptocurrency, but it is also not LUNA itself. The WLUNA or WLUNC can be added to your MetaMask account by copying the contract address into your wallet. Because of this, Terra Station does not accept tokens made on other blockchains. What is the all-time low for Wrapped Terra Classic (LUNC)? However, if you are sending LUNA to Terra Station, you do not need to include a memo. Users are also able to quickly and easily switch between devices without losing progress. WLUNA has a superior recent technical analysis than 2% of tokens based on these trading metrics. 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. ._2a172ppKObqWfRHr8eWBKV{-ms-flex-negative:0;flex-shrink:0;margin-right:8px}._39-woRduNuowN7G4JTW4I8{margin-top:12px}._136QdRzXkGKNtSQ-h1fUru{display:-ms-flexbox;display:flex;margin:8px 0;width:100%}.r51dfG6q3N-4exmkjHQg_{font-size:10px;font-weight:700;letter-spacing:.5px;line-height:12px;text-transform:uppercase;-ms-flex-pack:justify;justify-content:space-between;-ms-flex-align:center;align-items:center}.r51dfG6q3N-4exmkjHQg_,._2BnLYNBALzjH6p_ollJ-RF{display:-ms-flexbox;display:flex}._2BnLYNBALzjH6p_ollJ-RF{margin-left:auto}._1-25VxiIsZFVU88qFh-T8p{padding:0}._2nxyf8XcTi2UZsUInEAcPs._2nxyf8XcTi2UZsUInEAcPs{color:var(--newCommunityTheme-widgetColors-sidebarWidgetTextColor)} LUNA is designed to leverage Terras core technology to create a fully fledged digital currency that can be used for everyday purchases and made available to anyone who wishes to use it. Copyright btcadv.com 2022 All Right Reserved. Since Wrapped Luna is pegged to the value of Luna, its immediate price fall has also influenced the price of WLUNA, which is down 99.9%. However, a memo is not necessary if you are sending LUNA to Terra Station. DOGE LUNAUSDT. Once I have LUNA in my KuCoin account, I will be able to send it to another wallet via the Terra (LUNA) network. On May 28, 2022, the Terra chain experienced a fork leading to the launch of the new Terra 2.0 network.. What Is Amazon Luna? BTC A newly launched blockchain with a native token called luna (LUNA). Similar to how adding Bitcoin to wallets like Metamask is impossible because the ERC20 network is incompatible with the Bitcoin network, so to speak. Sign up for Crypto Long & Short, our weekly newsletter featuring insights, news and analysis for the professional investor. Is Wrapped LUNA Classic currently overbought zone by (RSI)? Terra, a top ten crypto by market cap just last week, has now dropped out of the top 100. Wrapped LUNA vs LUNA - What's The Difference? Be a smarter, safer investor in eight weeks. Luna Classic (LUNC) has now undertaken after Do Kwon and his Luna recovery program witnessed the launch of Luna 2.0 to supersede the old token. Just download the CoinDCX App crypto investing app, enter the details required and wait for your profile to get verified. The fact that Binance does not support the Binance Smart Chain version of LUNA is noteworthy, though. Feyorra Wrapped LUNA Token is traded on exchanges. Wrapped Luna Classic (WLUNA or WLUNC) is an Ethereum token (ERC20) that is pegged 1:1 to the price of Luna Classic. These tokens can be redeemed or unwrapped by users at any time. Dogecoin Solana Prior to the collapse, both UST and LUNA were top 10 cryptocurrencies. Comparatively, the current price is -100.00% lower than the all-time high price. Wrapped Cryptocurrencies are a way to be able to use a Cryptocurrency outside the blockchain they were meant for. Highstreet (High Coin) Price Prediction 2022 2031, Tether (USDT) Price Future Prediction for 2021-2025, How to Create NFT Collection on Solana Step by Step Guide, How to Mine Solana (SOL) with a PC 2023 Guide, Can Trezor Wallets Store Solana (SOL) Is It Safe to Use. LUNA is a token that exists on the Terra network, while wrapped LUNA (WLUNA) is an ERC20 token that is used to represent LUNA on the Ethereum network. 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. Buy in spot and hold for ur life . Numerous profitable operations on Terra and Ethereum might need the two assets. The current average price of Wrapped LUNA Classic is $ 0.000160, which is a weighted average across 3 crypto exchanges. Prior to the collapse of the Terra ecosystem, Wrapped Luna hit its all-time high in November 2021 at $268. Wrapped LUNA token is designed to maintain a 1:1 peg with Terra and has also crashed as a result. The activity and use cases on the new blockchain will ultimately determine how much luna is worth and if it will succeed. Keep reading as we cover all important topics related to these tokens. Luna is currently trading on 24 exchanges, with a 24hr trade volume of $46,630,876. Terra Luna Classic (LUNC) price has declined today. These tokens can be redeemed or "unwrapped" by users at any time. .LalRrQILNjt65y-p-QlWH{fill:var(--newRedditTheme-actionIcon);height:18px;width:18px}.LalRrQILNjt65y-p-QlWH rect{stroke:var(--newRedditTheme-metaText)}._3J2-xIxxxP9ISzeLWCOUVc{height:18px}.FyLpt0kIWG1bTDWZ8HIL1{margin-top:4px}._2ntJEAiwKXBGvxrJiqxx_2,._1SqBC7PQ5dMOdF0MhPIkA8{vertical-align:middle}._1SqBC7PQ5dMOdF0MhPIkA8{-ms-flex-align:center;align-items:center;display:-ms-inline-flexbox;display:inline-flex;-ms-flex-direction:row;flex-direction:row;-ms-flex-pack:center;justify-content:center} ._38lwnrIpIyqxDfAF1iwhcV{background-color:var(--newCommunityTheme-widgetColors-lineColor);border:none;height:1px;margin:16px 0}._37coyt0h8ryIQubA7RHmUc{margin-top:12px;padding-top:12px}._2XJvPvYIEYtcS4ORsDXwa3,._2Vkdik1Q8k0lBEhhA_lRKE,.icon._2Vkdik1Q8k0lBEhhA_lRKE{border-radius:100%;box-sizing:border-box;-ms-flex:none;flex:none;margin-right:8px}._2Vkdik1Q8k0lBEhhA_lRKE,.icon._2Vkdik1Q8k0lBEhhA_lRKE{background-position:50%;background-repeat:no-repeat;background-size:100%;height:54px;width:54px;font-size:54px;line-height:54px}._2Vkdik1Q8k0lBEhhA_lRKE._1uo2TG25LvAJS3bl-u72J4,.icon._2Vkdik1Q8k0lBEhhA_lRKE._1uo2TG25LvAJS3bl-u72J4{filter:blur()}.eGjjbHtkgFc-SYka3LM3M,.icon.eGjjbHtkgFc-SYka3LM3M{border-radius:100%;box-sizing:border-box;-ms-flex:none;flex:none;margin-right:8px;background-position:50%;background-repeat:no-repeat;background-size:100%;height:36px;width:36px}.eGjjbHtkgFc-SYka3LM3M._1uo2TG25LvAJS3bl-u72J4,.icon.eGjjbHtkgFc-SYka3LM3M._1uo2TG25LvAJS3bl-u72J4{filter:blur()}._3nzVPnRRnrls4DOXO_I0fn{margin:auto 0 auto auto;padding-top:10px;vertical-align:middle}._3nzVPnRRnrls4DOXO_I0fn ._1LAmcxBaaqShJsi8RNT-Vp i{color:unset}._2bWoGvMqVhMWwhp4Pgt4LP{margin:16px 0;font-size:12px;font-weight:400;line-height:16px}.icon.tWeTbHFf02PguTEonwJD0{margin-right:4px;vertical-align:top}._2AbGMsrZJPHrLm9e-oyW1E{width:180px;text-align:center}.icon._1cB7-TWJtfCxXAqqeyVb2q{cursor:pointer;margin-left:6px;height:14px;fill:#dadada;font-size:12px;vertical-align:middle}.hpxKmfWP2ZiwdKaWpefMn{background-color:var(--newCommunityTheme-active);background-size:cover;background-image:var(--newCommunityTheme-banner-backgroundImage);background-position-y:center;background-position-x:center;background-repeat:no-repeat;border-radius:3px 3px 0 0;height:34px;margin:-12px -12px 10px}._20Kb6TX_CdnePoT8iEsls6{-ms-flex-align:center;align-items:center;display:-ms-flexbox;display:flex;margin-bottom:8px}._20Kb6TX_CdnePoT8iEsls6>*{display:inline-block;vertical-align:middle}.t9oUK2WY0d28lhLAh3N5q{margin-top:-23px}._2KqgQ5WzoQRJqjjoznu22o{display:inline-block;-ms-flex-negative:0;flex-shrink:0;position:relative}._2D7eYuDY6cYGtybECmsxvE{-ms-flex:1 1 auto;flex:1 1 auto;overflow:hidden;text-overflow:ellipsis}._2D7eYuDY6cYGtybECmsxvE:hover{text-decoration:underline}._19bCWnxeTjqzBElWZfIlJb{font-size:16px;font-weight:500;line-height:20px;display:inline-block}._2TC7AdkcuxFIFKRO_VWis8{margin-left:10px;margin-top:30px}._2TC7AdkcuxFIFKRO_VWis8._35WVFxUni5zeFkPk7O4iiB{margin-top:35px}._1LAmcxBaaqShJsi8RNT-Vp{padding:0 2px 0 4px;vertical-align:middle}._2BY2-wxSbNFYqAy98jWyTC{margin-top:10px}._3sGbDVmLJd_8OV8Kfl7dVv{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:21px;margin-top:8px;word-wrap:break-word}._1qiHDKK74j6hUNxM0p9ZIp{margin-top:12px}.Jy6FIGP1NvWbVjQZN7FHA,._326PJFFRv8chYfOlaEYmGt,._1eMniuqQCoYf3kOpyx83Jj,._1cDoUuVvel5B1n5wa3K507{-ms-flex-pack:center;justify-content:center;margin-top:12px;width:100%}._1eMniuqQCoYf3kOpyx83Jj{margin-bottom:8px}._2_w8DCFR-DCxgxlP1SGNq5{margin-right:4px;vertical-align:middle}._1aS-wQ7rpbcxKT0d5kjrbh{border-radius:4px;display:inline-block;padding:4px}._2cn386lOe1A_DTmBUA-qSM{border-top:1px solid var(--newCommunityTheme-widgetColors-lineColor);margin-top:10px}._2Zdkj7cQEO3zSGHGK2XnZv{display:inline-block}.wzFxUZxKK8HkWiEhs0tyE{font-size:12px;font-weight:700;line-height:16px;color:var(--newCommunityTheme-button);cursor:pointer;text-align:left;margin-top:2px}._3R24jLERJTaoRbM_vYd9v0._3R24jLERJTaoRbM_vYd9v0._3R24jLERJTaoRbM_vYd9v0{display:none}.yobE-ux_T1smVDcFMMKFv{font-size:16px;font-weight:500;line-height:20px}._1vPW2g721nsu89X6ojahiX{margin-top:12px}._pTJqhLm_UAXS5SZtLPKd{text-transform:none} With a circulating supply of 0 WLUNA, it means that Wrapped LUNA Classic has a total market cap of 0.00. The development had caused a loss of over $40 . 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. You can then move your luna across terra network as you want. What is LUNA. Additionally, Wrapped Luna was developed to allow owners of Luna to trade, hold, and take part in decentralized finance dApps on Ethereum. I believe kucoin only holds Terran assets in native Terran format. Wrapped Luna Classic (WLUNC) is a token operating on the Ethereum platform. This will automatically add Wrapped LUNA tokens to your MetaMask wallet. Celo (CELO) Price Prediction 2023 2030: Is It A Great Investment? This is due to the inability to connect the Terra ecosystem and the ERC20 network. Additionally, Wrapped Luna was developed to allow owners of Luna to trade, hold, and take part in decentralized finance dApps on Ethereum. You just have to have faith. The latest moves in crypto markets, in context. For instance, you could use WLUNA on Uniswap to create a liquidity pool. With Luna delistings on exchanges such as Binance happening following the crash, Wrapped Luna had a similar fate. When sending LUNA to KuCoin, it makes no difference which network is used. Wrapped Lunas immediate price drop has had an impact on WLUNAs price, which is down 99.9%, as WLUNA is correlated to the value of Luna. Forums online have predicted the price to be as little as $0.2, to as high as more than $100. LUNA and wrapped LUNA (WLUNA) are equivalent and have the same value. Those things are: The official Terra LUNA wallet, Terra Station, does not accept direct transfers of wrapped LUNA tokens from external wallets. ._1LHxa-yaHJwrPK8kuyv_Y4{width:100%}._1LHxa-yaHJwrPK8kuyv_Y4:hover ._31L3r0EWsU0weoMZvEJcUA{display:none}._1LHxa-yaHJwrPK8kuyv_Y4 ._31L3r0EWsU0weoMZvEJcUA,._1LHxa-yaHJwrPK8kuyv_Y4:hover ._11Zy7Yp4S1ZArNqhUQ0jZW{display:block}._1LHxa-yaHJwrPK8kuyv_Y4 ._11Zy7Yp4S1ZArNqhUQ0jZW{display:none} How Ethereum's evolution impacts crypto markets. Wrapped Luna, what will happen to it? Although Coinbase had previously stated that it would support Terra Luna, the listing for Luna has since been canceled. After that, youll be able to add it to wallets like Metamask. Wrapped LUNA Classic, or WLUNC, is a derivation of the LUNA token, which allows it to be traded on the Ethereum (ETH-USD) blockchain. Terra LUNA offers advanced features such as atomic swaps, smart contracts, and decentralized applications that make it possible to build a secure digital economy on Terra. So if I just deposit it into Luna on Kucoin it will arrive safely? Wrapped LUNA Token receives a weak short-term technical ranking of 2 from InvestorsObserver data analysis. through links on our site, we may earn an affiliate commission. All we know is that exchanges are hoarding it. By providing liquidity on popular decentralized exchanges, users can earn additional yield and unlock extra utility for their LUNA tokens. WLUNC to USD price is updated in real-time. Should I sell? There are 3 platforms that support both LUNA and wrapped LUNA (WLUNA): This means that you will be able to send wrapped LUNA to any of these exchanges via the ERC20 network. LUNA can be transferred to another wallet using the Terra (LUNA) network once it is in my KuCoin account. 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