Cryptocurrency Q&A
What is the max supply of wrapped Luna Classic?
What is the max supply of wrapped Luna Classic?
JejuJoyfulHeart
Mon Aug 12 2024
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6 answers
1331
Could you please clarify for me, what exactly is the maximum supply limit set for Wrapped Luna Classic? Is there a specific cap on the total number of units that can be created or does it fluctuate based on certain conditions? I'm interested in understanding the mechanics behind its issuance and how it might affect the overall market dynamics. Thank you for your time and consideration.
6 answers
Elena
Wed Aug 14 2024
The maximum supply of Wrapped LUNA Classic is set at 274.69 billion units, indicating a significant amount of coins available in circulation. This large supply can impact the price stability and trading dynamics of WLUNA.
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CryptoNerd
Wed Aug 14 2024
Supply inflation, a measure of the rate at which new coins are added to the total supply, is currently non-existent for Wrapped LUNA Classic. This absence of inflation could contribute to a more stable pricing environment for the asset.
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DaeguDivaDance
Wed Aug 14 2024
Volatility, a key factor in cryptocurrency trading, is extremely high for WLUNA, with a current reading of 20.59%. This high level of volatility underscores the risks and opportunities associated with investing in WLUNA.
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Andrea
Wed Aug 14 2024
Wrapped LUNA Classic operates on the Ethereum (ETH) blockchain, utilizing the platform's advanced smart contract capabilities. Being part of the ETH ecosystem opens up new possibilities for WLUNA in terms of integration and interoperability with other DeFi projects.
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MountFujiVista
Wed Aug 14 2024
Wrapped LUNA Classic, or WLUNA, is a digital asset that offers investors real-time pricing data. The current live price of WLUNA stands at $0.00005270, showcasing the dynamic nature of the cryptocurrency market.
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