Terra Classic (LUNC), a variant of
Terra Luna (LUNA), has been the subject of intense speculation. The
crypto investment community has forecasted various potential outcomes for its future. Some expect LUNC to
stage a comeback, with specific
price predictions that range up to
$1 by 2025. These optimists point to it as a good investment and cite the global market cap breaching
$1.6T as a promising indicator.
However, there is also pessimism stemmed from the
large amount of LUNC burned in attempts to revive the coin's fortunes. Concerning news such as impending legal drama for
Do Kwon, the founder of Terra, worries about
Binance delisting, a significant drop in price, and eToro's decision to stop supporting LUNC contribute to a bearish outlook. Despite these concerns, the burn and staking strategy still being pursued might be able to spur a LUNC bounce back.
The Terra Luna community is also making significant moves to revive their crypto, such as peddling support from exchanges like
Binance and
Coinbase. Other strategies, like
Tax2Gas upgrades and mass token burning initiatives, are being implemented to recover the coin.
The community is firmly divided on the coin's fate, with some highlighting its functioning as a meme coin and others re-emphasizing its potential.
SEC rulings, upcoming network upgrades, ongoing legal developments, and regulatory challenges all form part of the LUNC narrative.
LUNC Coin News Analytics from Mon, 20 Jan 2020 02:04:06 GMT to Tue, 21 Oct 2025 13:44:00 GMT -
Rating -2
- Innovation -5
- Information 4
- Rumor -3
