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Terra Luna Classic (LUNC) has been witnessing a bearish sentiment around its prices since the last week. According to Coinmarketcap, the price of the cryptocurrency in the last seven days has dropped from $0.00012.
Since its launch in 2018, Terra Classic, the cryptocurrency has seen several declines. One of the major reasons for the same might have been investors losing out faith in the cryptocurrency. However, there have been various updates and efforts of the Terra Classic community to bring the cryptocurrency back to its glory again.
Here’s what the future of the cryptocurrency, LUNC, looks like. Read to find out about the crypto’s price prediction in 2023, 2024, and 2025, and other alternative cryptocurrencies to invest in, along with LUNC.
LUNC: Where Does the Crypto Stand Currently?
At the time of writing, Terra Classic (LUNC) has been exchanging hands at $0.0001091 levels. It has been hovering between $0.0001050 and $0.0001125 levels, according to CoinMarketCap.
The cryptocurrency has a market cap of $643 million, a 24-hour trading volume of $36 million, and a circulating supply of 5.1 trillion tokens. This makes LUNC the 72nd largest cryptocurrency in terms of market capitalization.
Since the last week, LUNC has been giving somewhat mixed returns to its investors. The cryptocurrency started its previous week at $0.000120 levels and ended the week at $0.0001089 levels.
Terra Luna Classic: Price Prediction 2023, 2024, 2025
There are some strong indications that the Terra Luna Classic might have one of the best chances to explode this year, due to its blockchain technology. However, there’s a list of external factors to be considered when looking at it.
LUNC Price Prediction 2023
Even if LUNC hasn’t had the best of the starts this year, many people are optimistic about the future of cryptocurrency. Down the year, the cryptocurrency is expected to rise and reach levels of $0.000162.
While there might be usual fluctuations, no major drop would be witnessed by the cryptocurrency during the year. The average price for the crypto is expected to be around $0.000152, and a minimum value of $0.00013.
LUNC Price Prediction 2024
When it comes to 2024, LUNC seems to have the right roadmap and opportunity to expand.
With the help of the upcoming collaborations and partnerships, the price of LUNC will reach a maximum of $0.000271, and gain an average price of $0.000238, while the minimum price might stay somewhere around $0.000217.
In order to have a completely bullish outlook towards LUNC, one thing that’s to be noted would be the relative strength index of the cryptocurrency.
LUNC Price Prediction 2025
Continuing with the bullish trend of 2024, the year 2025 might be able to sustain some great numbers throughout the year.
Continuing with the upward trend, the year 2025 might see the cryptocurrency reach the level of $0.000379. This will further be complemented with an average price of $0.000346 and a minimum price of $0.000325. This will majorly depend on the overall crypto market conditions as well.
Alternative Cryptos To Consider For Explosive Crypto Returns
While LUNC focuses on revamping itself and reaching its previous all-time highs, there are several other cryptocurrency projects which are coming up.
These projects are moving forward with a holistic approach towards all the right factors, which include investor returns, real-world utility, and a more interactive approach.
EcoTerra: A green cryptocurrency with a real-world utility
EcoTerra is a new crypto project that is addressing one of the most pressing issues that the current generation is facing- climate change.
Ecoterra is a green crypto project that encourages people to recycle. The crypto project wants to tackle a lot of climate-related issues by asking people to take part in practices such as tree plantation, waste management, and other cleanups.
It aims to make the entire process around green practices easier so that people don’t have to think twice before taking an eco-friendly step.
The crypto project positions itself as a Recycle2Earn app that consists of the right potential to benefit the overall environment by rewarding the ones who recycle on a regular basis. Amongst the other elements, one of those would be a marketplace for recycled materials and carbon credits.
The project is currently at its Presale stage and has already raised more than $2 million.
Love Hate Inu: Virality of a memecoin with utilities of DAO
Another project on the list is Love Hate Inu which comes with the best of both worlds which includes a DAO project and a meme token.
To summarise, Love Hate Inu is a meme token that also offers real-world utility in a voting system that is powered by blockchain technology. It’s a secure and transparent platform for voting on issues that matter the most.
Apart from this, the platform will consist of a staking mechanism that is secured by smart contracts, which prevents any kind of spam and fraud. This also keeps the entire process transparent.
The LoveHate Inu ecosystem is powered by the LHINU token, which is an ERC 20 token that users can use to stake to vote on any polls that take place by Love Hate Inu and also receive rewards in exchange for it. There are 100 billion tokens in total, out of which 90% are directed toward presale.
The project is currently at its presale stage and has already raised around $7 million, which is a staggering amount.
Deelance: Freelancing with Web3
Another great initiative in terms of a new crypto project that’s coming up is Deelance.
DeeLance is a freelancing and recruitment platform that is based on Blockchain technology. It is a decentralized platform that is aiming to revolutionize how freelancers can connect with their potential recruiters and employers.
The project is aiming to take a pie of the large $760 billion recruitment industry by applying the effectiveness of the Web3 technology to the sector.
This project also consists of an NFT marketplace that gives employees a chance to showcase their work and revolutionize the way individuals can collaborate for work.
It is currently at its presale stage too and has already raised $400,000 in just a few days.
Conclusion: Is The Best Yet To Come For Luna Classic?
Terra Classic or LUNC has come down a long way, whether, in the right or wrong terms, is yet to be considered. The cryptocurrency has seen an all-time high of $116 in 2022 and is now virtually worthless when one sees its price.
However, many crypto investors are bullish about what LUNC has to offer due to its loads of functionalities, including fast and affordable transactions through its UST stable currency.
There have been votes and efforts to further upgrade the Terra Classic crypto. Recently, the community voted towards an integral parameter change proposal. This meant that the project should expand on Terra Classic. This will boost and promote utility and further facilitate LUNC burns.
In the longer run, what can be concluded is that investors, if they can, and if they do it rationally, should stay invested in LUNC to capitalize on the returns in the coming years.
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