LUNA vs LUNC: Terra 2.0 vs Terra Classic — Know the Difference

I’ll keep it simple: LUNC (formerly LUNA, now called Terra Classic) is the original Terra token that stayed on the legacy chain after the 2022 collapse; LUNA (sometimes called Terra 2.0) is the new token created for the relaunched Terra blockchain.

I see practical differences in tokenomics and use: LUNA is the native staking/governance token for the rebuilt ecosystem and is meant for validators, staking rewards and on‑chain operations; LUNC has a huge legacy supply, is driven by community burn proposals, and behaves more like a speculative token tied to recovery efforts on the old chain.

I treat both as higher‑risk crypto: LUNA is more relevant if you want exposure to a rebuilt Terra ecosystem and staking, while LUNC is mainly a speculative play on community-driven burns and possible supply reduction.