{"id":468928,"date":"2023-12-30T06:14:23","date_gmt":"2023-12-30T06:14:23","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=468928"},"modified":"2023-12-30T06:15:53","modified_gmt":"2023-12-30T06:15:53","slug":"terra-classic-price-prediction-can-lunc-reach-1-soon-as-experts-predict-a-10x-return-for-this-new-ai-token-in-the-2024-launch","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/terra-classic-price-prediction-can-lunc-reach-1-soon-as-experts-predict-a-10x-return-for-this-new-ai-token-in-the-2024-launch","title":{"rendered":"Terra Classic Price Prediction &#8211; Can $LUNC Reach $1 Soon, as Experts Predict a 10x Return for this New AI Token in the 2024 Launch?"},"content":{"rendered":"<p>LUNC&rsquo;s price dropped following recent news that Terraform Labs failed to register both LUNA and MIR as securities. Is a reversal to the upside possible soon?<\/p>\n<p>Many new investors are attracted to the possibility of making big profits, remembering the high points Terra Classic (LUNC) experienced before.<\/p>\n<p>However, it&rsquo;s crucial to assess its current situation and the dynamics of the market to make well-informed investment choices.<\/p>\n<p><iframe title=\"LUNC - PRICE PREDICTION TODAY!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/4fjeQ3U8Snk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>LUNC price analysis<\/h2>\n<p>In this analysis, we explore a big question in the crypto community: Can Terra Classic (LUNC) reach $1? Right now, Terra Classic is ranked 81th in the crypto rankings. Many investors, especially those new to the space, often focus on the token&rsquo;s price instead of looking at things like market capitalization.<\/p>\n<p>People are speculating about LUNC possibly hitting $1 based on its past peak at $120. To figure out if LUNC can reach $1, we need to understand the relationship between price, circulating supply, and market capitalization.<\/p>\n<p>Currently, LUNC has a circulating supply of 5.8 trillion LUNC. For the token to be worth $1, the market cap would need to be a whopping $5.8 trillion. Comparing this to established cryptocurrencies like Bitcoin, with a market cap below $1 trillion, raises doubts about the feasibility of LUNC&rsquo;s $1 goal.<\/p>\n<p>Reaching such a market cap seems unlikely unless drastic measures, like a significant burning mechanism (e.g., a 95% burn), are put in place. Terra 2.0 is at $0.88, making it seem more plausible to reach $1 considering its proximity to the target.<\/p>\n<p>A $1 valuation for Terra 2.0 would mean substantial returns for investors, showing the potential for gains in the crypto space. It&rsquo;s important to approach Terra Classic with a realistic view. The current circulating supply, market trends, and recent performance suggest that reaching $1 might be an ambitious goal.<\/p>\n<p>The token&rsquo;s use case has changed, and some now see it as a meme coin, affecting investor sentiment. Analyzing recent trends, Terra Classic has seen both highs and lows. Despite a significant surge in the past 90 days, it&rsquo;s crucial to note the overall downtrend in the past 14 and 30 days.<\/p>\n<h2>LUNC price prediction<\/h2>\n<p>Experts have different views on where Terra Classic (LUNC) is headed. On the positive side, some analysts believe in an optimistic scenario, suggesting that LUNC might increase to $0.000453 by 2024 and could go up even more to $0.00255 by 2030.<\/p>\n<p>This positive outlook indicates a possibility of the token&rsquo;s value growing in the coming years. On the flip side, a more careful group of analysts takes a cautious approach, expecting a slower rise to $0.0003 by 2025 and even considering the chance of a complete decline by 2027.<\/p>\n<p>Even when some analysts talk about a potential increase to $0.000206 by 2030, they do so cautiously, recognizing recent price drops that need careful thought. The acknowledgement of market changes adds an uncertain element to their predictions.<\/p>\n<p>Essentially, the future of LUNC seems uncertain, showing various potential paths influenced by several important factors. Investors are advised to move carefully in this situation, paying attention to market changes, regulatory updates, and other significant factors that could affect the course of LUNC in the ever-changing cryptocurrency scene.<\/p>\n<h2>Terra Classic (LUNC) faces price decline as US Court sides with SEC in Terraform Labs Case<\/h2>\n<p>The price of Terra Classic (LUNC) fell by 5% in the last 24 hours. This happened after a U.S. District Court made a decision supporting the SEC and going against Terraform Labs, the startup behind Terra, where LUNC is based.<\/p>\n<p>In February, the SEC accused Terraform Labs of selling what was once LUNA, stating it was a security. According to the legal documents, Do Kwon, the co-founder facing challenges, was also accused of managing the sale of these securities.<\/p>\n<p>The recent ruling reveals that the judge in charge of the case sided with the SEC. Judge Jed Rakoff concluded that Terraform Labs didn&rsquo;t register both LUNA and MIR as securities, leading to the summary judgment.<\/p>\n<p>Even though the LUNC team distanced itself from Do Kwon, it&rsquo;s been challenging to separate the token from events related to the May 2022 LUNA-UST collapse. Currently, LUNC is down to -0.414.<\/p>\n<h2>Best alternative coin to invest in today: yPredict<\/h2>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/ypredict\" rel=\"nofollow\">yPredict<\/a> is a cryptocurrency system designed to assist traders in making well-informed decisions. Using its platform for crypto analytics and research, users can subscribe and get detailed insights into the cryptocurrency space, using $YPRED &ndash; the native token of this system.<\/p>\n<p>In addition to insights, users can enter a prediction marketplace where financial experts create models for future predictions. The community&rsquo;s DAO (decentralized autonomous organization) verifies each model before releasing it to the public. Check out our&nbsp;<a href=\"https:\/\/insidebitcoins.com\/cryptocurrency-price\/ypredict-price-prediction\">price prediction for $YPRED.<\/a><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#128640; Brace yourselves for a thrilling revelation! &#127775;<\/p>\n<p>Mark your calendars for an exclusive Ask Me Anything (AMA) session on Sunday, December 31st, kicking off at 11:00 AM UTC. &#128467;&#65039;<\/p>\n<p>&#127897;&#65039; Featured Guest: Raj Sharma (Mastermind and CEO at yPredict) <br>&#127897;&#65039; Your Enthusiastic Host: Kuldeep&hellip; <a href=\"https:\/\/t.co\/mOFuIuk6hF\">pic.twitter.com\/mOFuIuk6hF<\/a><\/p>\n<p>&mdash; yPredict.ai (@yPredict_ai) <a href=\"https:\/\/twitter.com\/yPredict_ai\/status\/1739683719600910815?ref_src=twsrc%5Etfw\">December 26, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>With yPredict, users can access sentiment analysis and insights on various cryptocurrencies. The platform also uses AI tools to provide more than 25 chart pattern recognition tools. Holding $YPRED comes with benefits in the yPredict system. See our guide to&nbsp;<a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-ai-crypto-coins\">the best AI crypto coins to buy here.<\/a><\/p>\n<p>For example, 10% of all new subscriptions go to existing token holders, and 15% of swap fees are distributed to $YPRED token holders. Users can stake $YPRED to potentially earn a high APY (Annual Percentage Yield).<\/p>\n<p>Through the Learn 2 Earn feature, traders receive tokens for studying new materials and taking online quizzes. The platform will also introduce a <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-nft\/play-to-earn-gaming\">Play-to-Earn<\/a> (P2E) feature, where users can make directional bets on the future of the markets and stand a chance to win $YPRED.<\/p>\n<p>The project is developing a new AI-powered content editing tool. Currently, $YPRED is in stage 8 of its presale phase and has raised nearly $6 million. The token is available for purchase at $0.11 but will increase to $0.12 in the final round. Learn our guide&nbsp;on&nbsp;<a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-ypredict-token\">how to buy YPRED token here.<\/a><\/p>\n<p>This provides investors the opportunity to acquire $YPRED at a discounted price by purchasing the token at current levels. 80 million tokens have been allocated for the presale. Take part in the $YPRED presale at&nbsp;<a href=\"https:\/\/insidebitcoins.com\/visit\/ypredict\" rel=\"nofollow\">yPredict.ai.<\/a><\/p>\n<h3>Related<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/top-3-altcoins-that-could-potentially-surge-in-december-ustc-lunc-and-ftt\">Top 3 Altcoins That Could Potentially Surge in December &ndash; TerraClassicUSD, Terra Classic and FTX Token<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/terra-classic-price-prediction-lunc-coin-surges-54-as-crypto-experts-hail-this-gambling-altcoins-explosive-potential-heres-why\">Terra Classic Price Prediction: LUNC Coin Surges 54% As Crypto Experts Hail This Gambling Altcoin&rsquo;s Explosive Potential &ndash; Here&rsquo;s Why<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/terra-classic-price-prediction-lunc-coin-surges-17-but-crypto-whales-are-stacking-this-lesser-known-coin-instead-heres-why\">Terra Classic Price Prediction: LUNC Coin Surges 17%, But Crypto Whales are Stacking This Lesser Known Coin Instead &ndash; Here&rsquo;s Why<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/filipino-crypto-youtuber-alrock-reviews-ypredict-presale-last-chance-to-buy-before-the-2024-launch\">Filipino Crypto YouTuber ALROCK Reviews yPredict Presale &ndash; Last Chance to Buy Before the 2024 Launch<\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Best Wallet - 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Is a reversal to the upside possible <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1921,"featured_media":468932,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-468928","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Terra Classic Price Prediction - Can $LUNC Reach $1 Soon, as Experts Predict a 10x Return for this New AI Token in the 2024 Launch? - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"LUNC&#039;s price dropped following recent news that Terraform Labs failed to register both LUNA and MIR as securities. 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Is a reversal to the upside possible\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/468928\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/468928#primaryimage\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/terra-classic-price-prediction.png\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/terra-classic-price-prediction.png\",\"width\":1920,\"height\":1080,\"caption\":\"Terra Classic Price Prediction - Can $LUNC Reach $1 Soon, as Experts Predict a 10x Return for this New AI Token in the 2024 Launch?\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/insidebitcoins.com\/#website\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"name\":\"InsideBitcoins.com\",\"description\":\"Search &amp; Compare Brokers within Crypto, Forex &amp; Stocks\",\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/insidebitcoins.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/insidebitcoins.com\/#organization\",\"name\":\"InsideBitcoins\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"width\":195,\"height\":32,\"caption\":\"InsideBitcoins\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/8e1628fe4ccc3a9cc2a84ed8e4b02a39\",\"name\":\"Alvin Hemedez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/avatar_user_1921_1697717356-96x96.png\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/avatar_user_1921_1697717356-96x96.png\",\"caption\":\"Alvin Hemedez\"},\"description\":\"Alvin is an Industrial Engineering graduate based in Calabarzon, Philippines. After university he took up a role as an e-commerce analyst for a leading e-commerce platform in the Philippines, Shopee PH. A long-time crypto enthusiast and trader interested in researching the best investments in the crypto space, he is also a freelance writer here at InsideBitcoins eager to share his knowledge with our readers. 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