The post Terra Classic (LUNC) Price Prediction 2022, 2023, 2024, 2025: Will the LUNC Price Experience a 3x Bull Run? appeared first on Coinpedia Fintech News
The crypto-verse has witnessed a very unusual event, which has been outrageous for investors and marketers from the crypto spectrum. Indeed, the fall of the infamous TerraUSTC(USTC) led to a gigantic drop of Terra(LUNA), now Terra Classic (LUNC) shook the entire crypto space. In addition, this created a domino effect within the crypto-based platforms and also impacted the other cryptos as well.
0.647%
0.647 %However, the price of LUNC is actively trying to recover and has increased by nearly 20,000% from its lows in just a few months. In fact, the market participants now think that the cryptocurrency may make enormous moves in the upcoming days and eventually could drop a few zeros.
Overview
| Cryptocurrency | Terra Classic |
| Token | LUNC |
| Price | $0.00009778 |
| Market Cap | $642,991,768 |
| Circulating Supply | 6,575.71B LUNC |
| Trading Volume | $94,550,967 |
| All-time high | $119.18 (April 05th, 2022) |
| All-time low | $0.00001675 (May 13th, 2022) |
*The statistics are from press time.
Terra Classic (LUNC) Price Prediction
| Year | Potential Low | Average Price | Potential High |
| 2022 | $0.0002956 | $0.0003578 | $0.0004154 |
| 2023 | $0.0003777 | $0.0005528 | $0.0007234 |
| 2024 | $0.0005863 | $0.0008672 | $0.001100 |
| 2025 | $0.0009827 | $0.001481 | $0.0019269 |
Terra Classic Price Prediction For Q4
The optimism of the fourth and final quarter of 2022 could prove fruitful for the LUNC price. Conversely, it may include significant bearish pressure. Nevertheless, with an escalating count of buy orders, the price of the digital asset might catapult to its maximum target of $0.0004154.
However, if the broader market falls prey to bearish clutches, the price might take a dip to $0.0002956. Conversely, an equilibrium in buying and selling pressures could settle the price at $0.0003578. Meanwhile, the LUNC price is expected to close the yearly trade on a bearish note, market participants may expect a significant upswing in the upcoming years.
LUNC Price Forecast For 2023
Terra Classic may witness a major push by big money holders or whales during the H1 2023 and try to sustain above $0.00005 until the half-yearly close. Further maintaining a notable upswing, LUNC might try to eliminate a zero from its price until the yearly close.
Besides, the digital token might hit its potential high of $0.0007234 by the end of 2023. On the other hand, if the project falls prey to the bears, LUNC’s price might land at a minimum of $0.0003777. Moreover, constrained by a linear momentum, the average price could be $0.0005528.
Terra Classic Forecast For 2024
Terra Classic’s LUNC might ascend to a maximum of $0.001157. However, 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. Conversely, LUNC’s price might sink down to the low of $0.0005839. Consequently, the regular price can be expected at $0.0008696.
LUNC Price Prediction For 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 price of LUNC might chug up to a maximum of $0.0019225 by the end of 2025. In contrast, if the digital asset finds a lack of developments and impetus, the price might land to $0.00098023. Additionally, the regular price could be at $0.001455.
Our Terra Classic 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. Moreover, with bullish market sentiments, LUNA’s price may skyrocket to $0.00042 by the end of the year 2022.
Conversely, market fluctuation and increased competition may adversely affect Terra’s (LUNA) price. As a result of which the digital asset could collapse to $0.0003.
Market Analysis
| Firm Name | 2022 | 2023 | 2024 | 2025 |
| Digital Coin Price | $0.000325 | $0.000713 | $0.000985 | $0.00126 |
| Telegaon | $0.000714 | $0.0038 | $0.0071 | $0.015 |
| Cryptopredictions.com | $0.001746 | $0.001691 | $0.001984 | $0.002127 |
The aforementioned targets are the average targets set by the respective firms.
Latest Updates:
- Terra Classic community recently implemented the 1.2% burn tax on each transaction until the total supply of LUNC does not reach 10 billion.
10 hours until the 1.2% burn tax
—
We will find out which CEXs actually care about the $LUNC Community after benefitting massively from billions upon billions of $LUNC trading volume for months
It’s a great opportunity for CEXs to show they truly care about users over greed𝕃𝕌ℕℂ 𝔻𝔸𝕆
(@LUNCDAO) September 20, 2022
What Is Terra Classic (LUNC)?
Terra (Now Terra Classic) is a blockchain protocol launched in 2018 by Daniel Shin and do kwon 
do kwon co-founder and ceo at terraform labs Do Kwon is a cryptocurrency developer who is the Co-Founder and Chief Executive Officer of Terraform Labs. With terraform labs, he also founded the telecommunication company Anyfi and served as its CEO, a peer-to-peer communication solution using mesh network technology. And eventually, in 2018, he founded Terraform Labs along with his friend Daniel Shine, intending to develop a decentralized price-stable cryptocurrency such as LUNA. He successfully led the Terra Blockchain by constantly developing new blockchain technologies, products, protocols, and platforms, including anchor, prism, and mirror. Through Terraform Labs, Do Kwon developed the Terra proof-of-stake, a public blockchain built on the Cosmos SDK. He is also the founder of another failed stablecoin project, Basis Cash, an Ethereum-based token created by Nader Al-Naji. EntrepreneurDeveloper/ProgrammerChief Executive Officer 
Followers : 0 View profile . 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.
Company Details
terra
- Blockchain Network
Terra is a crypto fintech company also known as Terra 2.0 that is building a decentralized price-stable cryptocurrency that will earn usage as a means of payment at a huge scale via an alliance of large commerce partners across the planet. Terra was founded by Daniel Shin and Do Know in 2018. The platform is headquartered in Seoul, South Korea. The platform's technology executes on top of a digital ledger and a related wallet through the stablecoin known as Luna. Terra is a diverse, fast-growing ecosystem with projects around Defi, Web3, and NFTs and is supported by the LUNAtics community. Terra enables users to create a wallet and begin staking LUNA to grab exceptional rewards also permitting developers to build brand new applications and protocols or contribute to the existing Terra codebase.
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 $25 B were members of the alliance.
Historical Market Sentiments
The crypto asset has had a roller coaster ride ever since its inception. The altcoin was one of the top 10 cryptocurrencies by market capitalization, just a few months ago. However, now it is at the 211th position by market cap ranking.
2019:
- Terra (LUNA) entered the market in the month of April with an ICO of $0.8.
- Partnerships helped the price spike to $1.313 by the end of July.
- Woefully, failing to gather pace, the altcoin takes a dip to $0.2588 by the end of the year.
2020:
- The digital coin had commenced the year with a price tag of $0.231 and remained stagnant until the first 6-months.
- Developments and listing on Huobi helped the price rise to $0.5642.
- The launch of the Mirror protocol pushed the price to $0.6525 by the end of 2022.
2021:
- The year 2021 was extremely bullish for LUNA, the price rose from $0.6494 on January 1st to $21 by mid-March.
- The price corrected to $13 in the month of April, as the bears took control of the market.
- However, the market crashed in May slumping the price by over 70%.
- LUNA hit a new ATH of $33.12 on the 19th of August.
- After subsequent retests, LUNA hit a new ATH of $101.27 on the 24th of December but closed the year at $90.97.
To learn about the price prediction of Terra (LUNA) click here!
Comparison
| LUNC | LUNA |
| ROI: -99.98%. | ROI: NA |
| LUNC Price Is Up 136.36% Since June 1st. | LUNA Price Is Down 70% Since June 1st. |
| LUNC Price Is Down -100% From ATH. | BTC Price Is Down -86.74% From ATH. |
FAQs
A: After the tragic losses post the depeg event nothing much can be said about the altcoin.
A: According to our Terra Classic price prediction, the LUNC price could soar to a maximum of $0.0004122 by the end of 2022.
A: LUNC hit its ATL of $0.00001675 on the 13th of May 2022.
A: The chances of the altcoin reclaiming its ATH now seem to be bleak.
A: The altcoin is listed on prominent cryptocurrency exchange platforms like OKX, Bybit, FTX, and DigiFinex amongst others.