In January 2022, the Luna token lost roughly one third of its market cap which it recovered and even increased in the following months. This development marked the continued fast growth of a cryptocurrency connected to a blockchain - Terra - that only officially launched in August 2021. Consequently, Terra (LUNA) ranked among the cryptocurrencies with the highest market caps worldwide.
Market capitalization of Terra Classic (LUNC, or LUNA 1.0) from July 2019 to August 4, 2024
(in billion U.S. dollars)
Characteristic
Terra Classic (LUNC, or LUNA 1.0) in billion U.S. dollars
On May 28, 2022, the creators behind LUNA released a 2.0 version of the cryptocurrency, whilst the "original" LUNA coin got rebranded into LUNC or Terra Classic. The numbers provided here pre-date this change, and therefore refer to this 1.0 version
Supplementary notes
Monthly figures are as of the end of that particular month.
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CoinMarketCap, & Statista. (August 5, 2024). Market capitalization of Terra Classic (LUNC, or LUNA 1.0) from July 2019 to August 4, 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1298179/luna-market-capitalization/
CoinMarketCap, und Statista. "Market capitalization of Terra Classic (LUNC, or LUNA 1.0) from July 2019 to August 4, 2024 (in billion U.S. dollars)." Chart. August 5, 2024. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1298179/luna-market-capitalization/
CoinMarketCap, Statista. (2024). Market capitalization of Terra Classic (LUNC, or LUNA 1.0) from July 2019 to August 4, 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1298179/luna-market-capitalization/
CoinMarketCap, and Statista. "Market Capitalization of Terra Classic (Lunc, or Luna 1.0) from July 2019 to August 4, 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Aug 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1298179/luna-market-capitalization/
CoinMarketCap & Statista, Market capitalization of Terra Classic (LUNC, or LUNA 1.0) from July 2019 to August 4, 2024 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1298179/luna-market-capitalization/ (last visited September 20, 2024)
Market capitalization of Terra Classic (LUNC, or LUNA 1.0) from July 2019 to August 4, 2024 (in billion U.S. dollars) [Graph], CoinMarketCap, & Statista, August 5, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1298179/luna-market-capitalization/