[ccpw id="39382"]

HomeCrypto NewsMarketTerra Classic (LUNC) Projected to Stagnate for Four Years Before Tanking 100% by 2030

Terra Classic (LUNC) Projected to Stagnate for Four Years Before Tanking 100% by 2030

Date:

Terra Classic’s (LUNC) future appears uncertain, with predictions suggesting four-year stagnation followed by potential 100% devaluation by 2030.

In 2022, Terra Classic (LUNC), called Terra LUNA at the time, experienced an unprecedented 99.99% decline. At its peak, LUNA traded above $100.

As a result of the fiasco, LUNC transformed into a high-risk digital asset akin to numerous meme coins in the market after being a crypto gem during its prime.

- Advertisement -

Regardless of LUNC’s tarnished reputation, many LUNC community members remain optimistic about the digital asset, actively advocating for a potential comeback. They ponder a future where Terra Classic can reclaim its past glory.

Notably, the answers to the query preoccupying the community could be found through insights from AI tools. CoinCodex, a notable player in the AI-based prediction space, has offered specific price targets for LUNC in the coming years.

Per data from CoinCodex, the predictions for LUNC for the next seven years exhibit a mixed outlook.

LUNC Short-term Outlook

According to CoinCodex, LUNC may maintain its current value of $ 0.00007614 over the next five days, specifically a neutral 5-day projection.

- Advertisement -

Interestingly, the analytic platform anticipates a period of relative stability in the price of LUNA from 2024 to 2026. In particular, CoinCodex noted that LUNC will maintain a yearly high and low of $0.00007736 throughout 2024, 2025, and 2026.

Screenshot 2023 11 20 154532
LUNCs projected price up to 2030 | <span style=font weight 400>CoinCodex<span>

 

These projections paint a somewhat pessimistic picture for LUNC, considering the prolonged period of stagnation. Moreover, CoinCodex highlighted that 2027 would similarly see a yearly low of $0.00007736. In other words, LUNC could be in for a four-year stagnation around $0.00007736.

Meanwhile, LUNC enthusiasts can expect a significant shift in 2027, with LUNC potentially hitting a yearly high of $0.00008757. 

LUNC Outlook for 2028 to 2030

As for the following year, 2028, CoinCodex projected a more turbulent outlook for LUNC. The analytic firm argued the digital asset could crash over 63% from $0.00008757 to trade at $0.00003169.

Looking ahead, LUNC is poised to experience a more significant devaluation, with additional zeros being introduced to its existing four decimal figures. CoinCodex stated that in contrast to the current price, Terra Classic could experience a loss of 100% by 2030.

Screenshot 2023 11 20 154556
<span style=font weight 400>CoinCodex argues 100 crash in LUNC by 2030<span>

 

Specifically, the analytic platform argued that LUNC could become worthless in 2030 with a potential yearly low of $0.0000000005525 and a high of $0.000000003168.

These projections suggest a potentially challenging period for the token, marked by substantial fluctuations in its value.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

-Advertisement-

Author

Abdulkarim Abdulwahab
Abdulkarim Abdulwahabhttp://thecryptobasic.com
Abdulkarim Abdulwahab is a blockchain writer with a specific interest in journalistic writing. He covers breaking events in the crypto community and blockchain industry. Over the past year, he has published over 1,500 short-form and long-form content for Web3 publishing firms.

More from Author

Latest Stories

Guides