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Terra Classic (LUNC) Price Prediction 2024, 2025, 2030 — Will LUNC Hit $1?
2024/07/31By: C, Fiona
One of the worst catastrophes the sector has ever experienced. When Terra’s collapse nearly completely destroyed the market worth of $60 billion, the cryptocurrency world was left stunned. This crash was caused by a number of circumstances, with mass liquidators and market manipulators being important contributors. Future investors have learnt a great deal from this event, which has been absurd for marketers and investors.
Terra (LUNA), the cryptocurrency back then, is now Terra Classic (LUNC). Has the coin’s 416.75% increase following its decline restored its previous level of trust? Or will it fall apart?
Investor attention has once again been drawn to the Terra classic pricing due to its performance. As we unravel the future and explore potential Terra LUNC price predictions for 2024 and beyond, fasten your seatbelts.
How Has Terra Classic (LUNC) Performed Since its Launch?
Since the fork on May 31st, $LUNC has significantly beaten both the new $LUNA 2.0 and other benchmark Cryptocurrencies.
- Luna Classic: +118.2%
- Luna 2.0: (-71.4%)
- Bitcoin: -34.4 percent
- Ethereum: (-21.9%)
Many people, both inside and outside the community, hold out hope that Terra Classic may one day be worth $1. Aside from being a meaningful symbol, it also represents a significant financial opportunity. So, let’s figure out if a Terra Classic for $1 is even conceivable.
Will LUNC Hit $1? LUNC may be pushed to $1 by a combination of Burn and New Use Cases.
- We Estimate the Value of the Terra Luna Classic Thanks to Terra Rebel’s planned enhancements, LUNC should go up in 2023 to the tune of $0.000453.
- In 2025, the price of a Terra Luna Classic is expected to be Assuming all goes well with the enhancements, the LUNC price is expected to increase by a factor of three to $0.000831 in the years following 2024 and 2025.
- Prediction of the 2030 Value of the Terra Luna Classic By 2030, the price of one Terra Luna Class token is projected to reach $0.00372, thanks to the anticipated boom in Blockchain usage between 2025 and 2030.
- The current LUNC burn rate is 450,819,101, which is a decrease from the previous rate.
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Terra Classic (LUNC) Prediction 2024 – 2030
Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2024 | 0.000275 | 0.000381 | 0.000488 |
2025 | 0.000452 | 0.000563 | 0.000675 |
2026 | 0.000633 | 0.000717 | 0.000801 |
2027 | 0.000754 | 0.000835 | 0.000917 |
2028 | 0.000907 | 0.001103 | 0.00130 |
2029 | 0.00116 | 0.001405 | 0.00165 |
2030 | 0.00148 | 0.001800 | 0.00212 |
Terra Classic (LUNC) Prediction 2024
Both the present and the future of Terra Classic are influenced by its history. Due to UST’s de-pegging from the dollar, the circulating supply exploded after Terra’s collapse. From a very limited circulation, it suddenly flooded the market with tens of trillions of LUNC. One of the main reasons the price dropped so much was the enormous increase in supply.
Even though Terra Classic crashed, many projects, businesses, and decentralised applications are still running on it. A few examples are IQ Cash (a play-to-earn gaming platform), Everpedia (an encyclopaedia that has been peer-reviewed), and MoonPay (a cryptocurrency payment processor). All commodities, services, and in-game items/upgrades for these projects are still priced in LUNC, the local currency. In spite of all the upheaval, the ecology is thriving.
According to researchers at CoinMarketCap, LUNC has the ability to reach a high of $0.0048 in 2033. This is despite the fact that Terra Classic’s potential has not diminished in the years following LUNA’s collapse, leading them to believe that it can still shock crypto aficionados.
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Terra Classic (LUNC) Prediction 2025
In addition, by the year’s end of 2025, the cryptocurrency market will have seen a great deal of change. The team’s energy might inspire Terra Classic to devise a strategy for resuscitating itself. But by 2025’s end, the price of Terra classic might rocket up to 0.000675.
Instead, the LUNC price can reach $0.000452 if the digital asset doesn’t see any advancements or momentum. On top of that, the going rate might be $0.000563.
Terra Classic (LUNC) Prediction 2030
On average, our experts expect LUNC will be worth approximately $0.00180 in 2030, with Terra prices ranging from $0.00148 to $0.00212.
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LUNC Sees Short-Term Dip
As the market sentiment shifted bearish, the price of Terra Luna Classic held firm at its support level of $0.0001640. At $0.0001949, the LUNC crossed over the red 50-day EMA (exponential moving average), ending the brief upswing. The already depressed state of the market resulted in the coin’s value plummeting to an all-time low of $0.0001820.
A 26% freefall is possible if a symmetrical triangle is confirmed by Terra Luna Classic. In the absence of a confirmation break, the pattern can be seen as being in a holding pattern.
From the point of view of the Moving Average Convergence Divergence (MACD) indicator, a pullback is very likely. When the 12-day exponential moving average (in blue) falls below the 26-day EMA (in red), the price of Terra Luna Classic should not be sucked into a bear market (in red).
Investors are urging LUNC prices to drop before they re-enter the market in preparation for a subsequent comeback. If the Terra Luna price falls below the RSI’s 50 level, further confirmation of a bearish trend is provided (below 30.00).
On the other hand, LUNC could defend the rising trend line as support, blocking a 26% breakout to 0.0001345 and so increasing the pressure for a break above the triangle.
In the instance of LUNC, the exact breakout goal is equal to the distance between the pattern’s widest points (26%) and is calculated by extrapolating the pattern’s height from its new low. The price of Terra Luna Classic would rise thanks to this news, giving the current uptrend a kick start at $1.00.
Will LUNC Hit $1?
The price of $LUNC will eventually hit $1 thanks to both natural increases in demand for its tokens and the recently implemented LUNC Burn Tax.
The demand for LUNC tokens has grown organically as the community discusses how best to open up the blockchain to other types of decentralized applications. We anticipate that some form of agreement will be reached within the next three months.
Four weeks ago, LUNC implemented a 1.2% burn tax on chain transactions, but it was scrapped after seeing a precipitous decline in volume. The Burn Tax was reduced by another vote to 0.2 percent.
It will need more than the LUNC Burn Tax of $1 to get to that goal. There is no chance of a return to the favourable liquidity conditions of 2021. As a result, the community will need to reach a swift agreement on how to enable the blockchain for multiple uses. Only if there are actual use cases for Terra Terra Classic may the following simulation be run.
Both the present and the future of Terra Classic are influenced by its history. Due to UST’s de-pegging from the dollar, the circulating supply exploded after Terra’s collapse. From a very limited circulation, it suddenly flooded the market with tens of trillions of LUNC. One of the main reasons the price dropped so much was the enormous increase in supply.
Even though Terra Classic crashed, many projects, businesses, and decentralised applications are still running on it. A few examples are IQ Cash (a play-to-earn gaming platform), Everpedia (an encyclopaedia that has been peer-reviewed), and MoonPay (a cryptocurrency payment processor). All commodities, services, and in-game items/upgrades for these projects are still priced in LUNC, the local currency. In spite of all the upheaval, the ecology is thriving.
According to researchers at CoinMarketCap, LUNC has the ability to reach a high of $0.0048 in 2033. This is despite the fact that Terra Classic’s potential has not diminished in the years following LUNA’s collapse, leading them to believe that it can still shock crypto aficionados.
Is LUNC a Good Investment?
It’s no secret that Terra Classic (LUNC) is one of the most talked-about blockchain initiatives currently in development. After the current decline, however, LUNC has become one of the market’s riskiest digital assets. Investor confidence in LUNC was destroyed by its demise. Before putting money into Terra or any other cryptocurrency, we advise traders to complete their own due diligence.
Recent occurrences in the cryptocurrency market have made it difficult to put entire faith in any cryptocurrency initiative. Making reliable predictions about the future value of cryptocurrencies is challenging. Depending on the state of the market, abrupt swings in cryptocurrency performance might be either bearish or bullish. Before putting money into Luna Classic or LUNC Coin, you should do your research.
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Conclusion
If the community adopts several recommendations to safeguard LUNC and create a setting that encourages Dapps to return to Terra Terra Classic, then the price of Terra Classic might reach $1 in 37 years. More over half of the coins will need to be incinerated as well. You could argue that LUNC has come a long way, but there is still a long way to go.
FAQs
1.Is Terra Classic a good investment?
Terra Classic has been one of the most-discussed cryptocurrencies over the past year. In light of this, it is prudent to assert that LUNC is an excellent investment.
2.How far can Terra Classic travel?
This year, the average price of Terra Classic (LUNC) may reach $0.000174. Over the next five years, it is anticipated that Terra Classic will surpass $0.00809 per share.
3.What will the value of Terra Classic be in five years?
In the next five years, a long-term investment in LUNC could result in a price increase of $0.000809 based on the increased popularity of cryptocurrencies like Terra Classic.
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