• Terra Classic (LUNC) is a cryptocurrency launched by Do Kwon’s Terraform Labs in 2019.
• Current LUNC market status is indicated with a current price of $0.00016217 and 24-hour trading volume of $45,659,197.
• Bullish LUNC price prediction is between $0.00017006 and $0.00033795, whereas the bearish prediction for 2023 is at $0.00008430.
What Is Terra Classic (LUNC)?
Terra Classic (LUNC) is one of the cryptocurrencies that can never be forgotten by the crypto community. The wild crash of this token is a major catastrophic story of the 2022 bear market. Terra Classic (LUNC) was launched by Do Kwon’s Terraform Labs in 2019 as a proof-of-stake blockchain built on Cosmos SDK and Tendermint and existed as a collateral token that backed a family of decentralized stablecoins of the Terra ecosystem.
Current Market Status
The current market status for LUNC indicates a current price at $0.00016217 with 24-hour trading volume at $45,659,197 and 24-hour price change 0.7% down from its circulating supply 5,915,234,135,150 with an all-time high on April 05 2022 at $119.18 USDT (source: CoinGecko).
Terra Classic (LUNC) Price Prediction 2023
Terra Classic holds the 55th position on CoinGecko right now and its chart pattern shows descending channel which indicates it to be in a bearish market currently ranging from 0$016653 to 0$018731 resistance levels or even fall 0$015239 if trend reverses .
Bullish & Bearish Prediction
In terms of bullish prediction for 2023 ,price may reach up to 0$0033795 while bearish prediction stands at 0$0008430 USDT given current market trends & analysis .
Conclusion
As we can see ,the future movement & predictions for LUNC are based on statistical data ,RSI ,RVOL & price patterns which suggest that prices might hit 0$0005 soon but there’s no guarantee & investors should proceed with caution while investing .