One of the biggest disasters the industry could ever face. The crypto industry was left flattered when the fall of Terra almost wiped out $60 billion from the market valuation. Multiple factors were involved in this crash, and market manipulators and mass liquidators played a major role in this move. This event, which has been outrageous for investors and marketers, has brought great learning to future investors.
The crypto then was Terra (LUNA), now Terra Classic (LUNC). Has the coin’s 1,201.22% surge from the fall regained the trust it once had? Or will it collapse?
The Terra classic price has now again caught the eyes of investors with the help of its performance. Buckle up as we decode the future and possible Terra LUNC price prediction 2024 and the years to come.
LUNC Price Prediction May 2024
The Terra Classic price has displayed a strong bullish reversal in the chart over the past week after displaying a negative price action for over a month. The LUNC price has added 12.65% to its portfolio over the past seven days, highlighting increased buying-over-selling for this altcoin within the crypto space.
However, EMA 50/200-day shows a high possibility of a Death Cross, suggesting uncertainty in future price action of this altcoin.
The MACD displays a rising green histogram in the chart, indicating increased bullish influence in the market. Further, the averages show a bullish convergence, suggesting the price will continue trading under a positive influence in the coming time.
If the market continues to display a uptrend in the chart, the bulls will run to test its upper resistance level of $0.000167. Conversely, if the bears overpowered the bulls, the LUNC price will lose momentum and fall to test its support level of $0.000090 soon.
Terra Classic Price Prediction 2024
Terra Rebels is a decentralized organization that has come together with the common goal of the Terra ecosystem. Their purpose is to bring back strength to Terra Classic it once had. The Terra Rebels are currently working on bringing the LUNC price to the $0.001 mark.
If it manages to hold onto its prominence against that of Terra (LUNA). However, if the crypto industry undergoes major reforms with regulatory clampdowns by governments across the globe.
Keeping in mind the Bullish and Bearish pressure, LUNC price may trade between $0.000275 to $0.000488 with an average of $0.000381.
Terra Classic Price Prediction 2024 – 2030
| Price Prediction | Potential Low ($) | 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 Price Prediction 2025
Furthermore, the coin market industry will spectate numerous changes by the end of 2025. Terra Classic could see impetus from the team and may come up with a revival plan. However, the Terra classic price might chug up to a maximum of $0.000675 by the end of 2025.
In contrast, if the digital asset finds a lack of developments and impetus, the LUNC price might land at $0.000452. Additionally, the regular price could be at $0.000563.
Terra Classic Price Prediction 2026
According to our analysts, LUNC prediction for the year 2026 could range between $0.000633 to $0.000801 and the average Terra price could be around $0.000717.
Terra Classic Price Prediction 2027
According to our analysts, Terra price for the year 2027 could range between $0.000754 to $0.000917 and the average Terra Classic price could be around $0.000835.
Terra Classic Price Prediction 2028
According to our analysts, Terra’s price prediction for the year 2028 could range between $0.000907 to $0.00130 and the average price of LUNC could be around $0.001103.
Terra Classic Price Prediction 2029
According to our analysts, LUNC’s forecast for the year 2029 could range between $0.00116 to $0.00165 and the average price of Terra Classic could be around $0.001405.
Terra Classic Price Prediction 2030
According to our analysts, Terra price predictions for the year 2030 could range between $0.00148 to $0.00212 and the average price of LUNC could be around $0.00180.
Market Analysis
| Firm Name | 2024 | 2025 | 2030 |
| Wallet Investor | $0.0000880 | $0.0000186 | – |
| priceprediction.net | $0.000359 | $0.000517 | $0.0033 |
| DigitalCoinPrice | $0.000521 | $0.000733 | $0.00215 |
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
CoinPedia’s Price Prediction
The constant upgrades and partnerships could however boost the price of Terra Classic (LUNC). Furthermore, according to CoinPedia’s formulated Terra Classic price prediction and bullish market sentiments, LUNA’s price may skyrocket to $0.000488 by the end of the year 2024.
Conversely, market fluctuation and increased competition may adversely affect Terra’s price. As a result, the digital asset could collapse to $0.000275.
Fundamental Analysis
With the help of its fiat-pegged stablecoins, Terra intends to set itself apart, with the help of its fiat-pegged stablecoins. As a result, it combines the benefits of cryptocurrencies with the day-to-day price stability of fiat currencies. Moreover, the protocol holds a number of partnerships with payment platforms, which justify its strengths.
Conversely, Terra is also supported by the Terra Alliance. Meanwhile, in February 2019, the company reported e-commerce platforms from 10 different countries, with a user base of 45 million. Moreover, a gross commodities value of $25B were members of the alliance.
After the Terra crash, the crypto relaunched itself, Terra had a new version known as Terra Luna 2.0 ($LUNA) while the old version would be known as Terra Luna Classic ($LUNC). The price significantly fell after an initial rise. Binance has voluntarily started to burn the tokens in order to bring it back to stability.
What Is Terra Classic (LUNC)?
Terra (Now Terra Classic) is a blockchain protocol launched in 2018 by Daniel Shin and Do Kwon. The digital asset was created with a vision to adjust the modern economy’s flexibility. As per the whitepaper, Terra Classic employs a price stabilization algorithm. Moreover, it constantly balances the supply of a coin with the aim of keeping the prices stable.
Additionally, the network offers lower fees, high scalability, stability, and reliable financial assets. Moreover, the protocol’s native asset is LUNC, which addresses a host of issues related to speed, scalability, and accessibility.
Do you also want to understand the primary language of Crypto and pro-crypto traders? Here is a guide for you to understand what cryptocurrency is!
Historical Market Sentiments 2019 – 2022
- The crypto first debuted in the market with an initial ICO of $0.8 per trade value. With the help of a partnership, the coin managed to reach $ 1 for the first time with an ATH of $1.313 by the end of July. There was a huge setback when the coin value was dragged down to $0.2588 per trade by the end of the year.
- The year started off dull as the price had started off with a trading value of $0.231, no major changes were seen in the price of crypto for the next half of the year. The listing of Huobi helped the coin gain X2 value to $0.5632 per share. The crypto had ended the trading year with a good result as the closing trade price was $0.6525 for that year.
- In the year of the bullish market, the value of the coin skyrocketed to $21 from $0.6494 within the first 3 months of the year. LUNA gave a Christmas gift to its investors by reaching an ATH of $101.27. The closing trade value of the coin for the year was $90.97.
- The year started off with stable fluctuations in the graph. As the month of May arrived there was a horrific crash in the market which shattered the price of Terra Classic (LUNC). It was a disaster as the price had almost reached a valuation of $0.
- The new version was launched as Terra Luna 2.0 ($LUNA) while the old version would be known as Terra Luna Classic ($LUNC).
- Binance started to voluntarily burn the coins in order to bring them back to stability. A total of 5.5 Billion tokens or 0.08% of the coin’s circulating supply was burned.
CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and sum it all up in one place, just for you!
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