{"id":434055,"date":"2023-08-28T17:16:08","date_gmt":"2023-08-28T17:16:08","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=434055"},"modified":"2023-08-28T17:17:52","modified_gmt":"2023-08-28T17:17:52","slug":"terra-classic-price-prediction-lunc-slips-further-is-a-paradigm-shift-underway","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/terra-classic-price-prediction-lunc-slips-further-is-a-paradigm-shift-underway","title":{"rendered":"Terra Classic Price Prediction: LUNC Slips Further \u2013 Is a Paradigm Shift Underway?"},"content":{"rendered":"

Terra Classic (LUNC) plunged 52% during the past year despite several short rallies. <\/span>Data from <\/span>Coingecko<\/span><\/a> also revealed that the coin lost massively since the start of 2023. <\/span><\/p>\n

Recently, it has recorded a 25% dip in the last 30 days and another 8% loss within seven days.<\/span><\/p>\n

Again, today, August 28, at 5:52 am EST, LUNC is down by 3%, with its price at $0.00006075. <\/span>These consecutive price losses have shot up the fear level across LUNC’s market.<\/span><\/p>\n

Investors Increase Trading Activities Despite LUNC’s Fall<\/h2>\n

Despite this prevalent red trend, the <\/span>23% increase<\/span> in the asset’s 24-hour trading volume provides a positive sentiment in the market. LUNC’s trading volume in the last 24 hours has reached over $10 million.<\/span><\/p>\n

Considering this increase, LUNC’s overall trading activities are seemingly improving. If it continues, attracting more investors, the coin’s price could recover.<\/span><\/p>\n

Recent Alliance Might Save Falling LUNC<\/h3>\n

Besides the increasing 24-hour trading volume, the recent Alliance reward announcement on LUNC’s <\/span>timeline on the X<\/span> platform is another positive sentiment source.<\/span><\/p>\n

\n

1\/ Alliance rewards are live on Terra 🎉<\/p>\n

Users can now stake $rSWTH<\/a>, $ampWHALE, and $bWHALE<\/a> on Terra to earn $LUNA<\/a> yield on top of native staking rewards.<\/p>\n

Learn how to stake Alliance assets on Terra👇<\/p>\n

— Terra 🌍 Powered by LUNA 🌕 (@terra_money) August 26, 2023<\/a><\/p><\/blockquote>\n