Terra Luna Classic retains a loyal community nearly four years after collapse

Community members continue maintaining the original Terra chain despite Do Kwon's 15-year sentence, internal disputes and the token's deep losses from its former peak.

LUNC

Summary

Terra Luna Classic is still being maintained by community members nearly four years after the roughly $40 billion Terra collapse, even after Terraform Labs founder Do Kwon received a 15-year prison sentence over the episode. The original chain was renamed after Terraform Labs launched a new Terra through a hard fork in 2022, and supporters continue to pursue new projects despite internal disputes and developer departures. LUNC has gained 17.3% over the past year, but it remains down 99.99% from its $119 peak, underscoring both the persistence of its community and the scale of the damage left by the collapse.

Terms & Concepts
  • Terra Luna Classic: The original Terra chain and token that continued under a new name after the ecosystem's collapse and relaunch.
  • hard fork: A change to a blockchain that creates a separate version of the network with its own chain and rules.