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Terra Luna Classic - LUNC Could See Some Major Changes Coming To The BlockchainLUNA is the native token of the Terra protocol and is used as insurance to maintain the price of Terra's stablecoins. Along with LUNA acting as a price. The original native token � LUNA has also been renamed as LUNA Classic (LUNC). blockchain technology and cryptocurrency through a focus on price stability and. Terra Luna Classic (LUNC) is a proprietary cryptocurrency born out of the erstwhile chain, which has since evolved into Terra Classic.