Terra is currently at the #91 rank in the cryptocurrency market. It had an ATH of $19.54 on May 28, 2022, while the current price is only $0.9654, down by 95.05% from its ATH. Has the LUNA token lost its charm? Will Terra Crypto recover in the future? Find out answers to all these and other relevant queries in our Terra price prediction and much more.
- Based on the Terra price prediction 2024, the LUNA token is anticipated to reach $1.651 by the end of this year.
- The LUNA crypto is expected to have minimum and maximum prices of around $1.45 and $2.08, respectively, as per our Terra price prediction 2025.
- As per our LUNA price prediction 2030, the coin will have a maximum price of $6.96, while the minimum price may be around $4.83.
Overview of Terra (LUNA)
Overview of Terra (LUNA)LUNA was launched in 2018 by Terraform Labs, owned by Do Kwon and Daniel Shin, which has brought about a change as a decentralized financial payment network that replaces the conventional payment stack on the blockchain. Terra ecosystem uses fiat-pegged stablecoins to power price-stable global payments systems.
The unique feature of Terra (LUNA) acts as a major catalyst in entirely removing the hurdle concerning token mining. In a manner, it promotes transparency by eliminating the mediators or permission. Hence, instead of individual cryptocurrencies like Bitcoin, the native token of Terra, called LUNA, is more like a programmable asset that addresses speed, scalability, and accessibility issues.
Understanding of Terra 2.0 (LUNA)
Understanding of Terra 2.0 (LUNA)After the original LUNA token was devalued in May 2022, it was renamed LUNC. Simultaneously, a new blockchain and its token were developed. Terra 2.0 emerged from Terra Classic and is a public blockchain protocol.
After a proposal on May 25 was passed, the idea for this new blockchain was accepted, which was launched on May 27. The LUNA token was distributed through the airdrop technique amongst UST holders, LUNC stakers, and LUNC holders. Also, this new blockchain and token are not pegged to any stablecoins, unlike the previous Terra ecosystem.
Terra 2.0 (LUNA) Token Distribution
After the old LUNA token price fell, a lot of work was done to bring the price back to normal. The CEO proposed to move ahead with a separate blockchain and token, Terra 2.0. The earlier blockchain has been renamed Terra Classic, and its token will now be called LUNC.
Below is a small table on how the distribution of the new token has happened!
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The Rise and Fall of Terra (LUNA)
The Rise and Fall of Terra (LUNA)Due to the sudden price crash, Terra (LUNA) rocked the headlines in May & many got wiped out in this crash. The UST got de-pegged heavily, and Terraform Labs liquidated all their 40K BTC holdings to stabilize the UST peg, which led to a massive crypto crash.
LUNA price and UST both corrected massively. UST lost its peg, and the new LUNA coins were minted, which impacted its price heavily. Also, a popular lending protocol, the anchor witnessed huge ANC withdrawals as it offered a 20% yield on UST deposits.
The new blockchain has become Terra (LUNA), and the existing blockchain has been rebranded as Terra Classic (LUNC). The existing blockchain continues to function, but its (Mint/Burn) function has stopped, and all the balances have remained as it is.
The new Cosmos chain is a little different from the previous one, and it does not have market modules, oracles, or treasury like the original chain. Terra’s stablecoin (KRT, UST, EUT) has become Terra Classic’s stablecoins (KRTC, USTC, EUTC). But the new Terra Chain has no such stablecoins.
The initial supply of the new token is 1,000,000,000, while the mint module will continue to release new tokens every block as staking rewards. The default rate is approximately 7% per annum.
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Terra (LUNA) Technical Analysis
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Currently, the price of Terra is around $0.8409, with a market capitalization of $518,371,989, a circulating supply of 616,573,163 LUNA, and a 24-hour trading volume of $48,774,388. Due to the LUNA price crash, many traders and investors lost their trust.
There was a marginal price fall this week, indicating a slight fear among investors. However, the price stability is much better for the token as compared to its initial days in the market. LUNA, the native token of Terra 2.0, is currently trading near the upper band of Bollinger Bands, indicating that the uptrend may continue. The Relative Strength Index (RSI) is at 52, which shows neutral momentum, while the MACD is trading above the Signal Line with red histograms, indicating negative momentum.
The short-term outlook looks neutral for the token. It is difficult as of now to predict anything for the long term. However, don’t consider this investment advice; do your own research before putting your money into any crypto.
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Terra (LUNA) Price Prediction: 2024-2030
Terra (LUNA) Price Prediction: 2024-2030The only relief factor about the current crypto market condition is that it has not done any discrimination regarding currencies. Most fiat money and cryptocurrencies have met the same unfortunate fate. However, cryptocurrencies recovered in a short span compared to other financial avenues. Many investors are still apprehending the clash of the remaining titans, considering whether it is really worth investing in cryptocurrencies, and are taking support of crypto predictions to ensure their money remains safe. With all that in mind, below is the Terra price prediction for the next few years!
Short Term Terra Price Prediction 2024
There are signs that the LUNA might get traction in the upcoming years. And despite the Terra price crash, some community users still remain optimistic about the LUNA coin. Hence, the currency will attract much more attention. As per the LUNA 2.0 price prediction 2024, the coin may trade with average prices of $1.13 and a potential low of $0.621. The potential high of Terra might be around $1.651 in the same period.
| June | $0.496 | $0.723 |
| July | $0.549 | $0.754 |
| August | $0.583 | $0.798 |
| September | $0.647 | $0.834 |
| October | $0.723 | $0.891 |
| November | $0.744 | $0.968 |
| December | $0.897 | $1.21 |
LUNA Price Prediction 2025
Some forecasts around Terra price in 2025 also highlight that LUNA price would ride the bull market by mid-2025; even it might reach a high of $2.08 after a long time. As per the Terra (LUNA) price prediction 2025, the LUNA token seems now racing to set a record affirming its position and showing stability.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $1.447 | $1.638 |
| February | $1.638 | $1.670 |
| March | $1.670 | $1.733 |
| April | $1.701 | $1.781 |
| May | $1.733 | $1.829 |
| June | $1.781 | $1.860 |
| July | $1.813 | $1.892 |
| August | $1.860 | $1.940 |
| September | $1.908 | $1.988 |
| October | $1.940 | $2.019 |
| November | $1.892 | $2.051 |
| December | $1.956 | $2.083 |
LUNA Coin Price Prediction 2026
According to the Terra price prediction for 2026, a bullish trend should drive the LUNA coin to continue to perform at a minimum of $1.81, making it a good investment for sure in the upcoming years. By 2026, the Terra price might hit the maximum price level of around $2.61, with an average price of $2.21.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $1.811 | $2.050 |
| February | $2.050 | $2.090 |
| March | $2.090 | $2.169 |
| April | $2.129 | $2.229 |
| May | $2.169 | $2.289 |
| June | $2.229 | $2.328 |
| July | $2.269 | $2.368 |
| August | $2.328 | $2.428 |
| September | $2.388 | $2.488 |
| October | $2.428 | $2.527 |
| November | $2.368 | $2.567 |
| December | $2.448 | $2.607 |
LUNA Price Prediction 2027
As per our analysis, the token may have a maximum, minimum, and average price of around $3.34, $2.32, and $2.83, respectively. The price of LUNA is expected to continue growing but not at a very fast rate, according to our LUNA coin price prediction 2027.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $2.321 | $2.627 |
| February | $2.627 | $2.678 |
| March | $2.678 | $2.780 |
| April | $2.729 | $2.856 |
| May | $2.780 | $2.933 |
| June | $2.856 | $2.984 |
| July | $2.907 | $3.035 |
| August | $2.984 | $3.111 |
| September | $3.060 | $3.188 |
| October | $3.111 | $3.239 |
| November | $3.035 | $3.290 |
| December | $3.137 | $3.341 |
Terra Crypto Price Prediction 2028
As per the LUNA price predictions, the coin might have an average trading price of $3.47. At the same time, the token will trade between $2.85 to $4.10, where the minimum price is $2.85, and the potential high is $4.10.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $2.848 | $3.224 |
| February | $3.224 | $3.287 |
| March | $3.287 | $3.412 |
| April | $3.349 | $3.506 |
| May | $3.412 | $3.600 |
| June | $3.506 | $3.662 |
| July | $3.568 | $3.725 |
| August | $3.662 | $3.819 |
| September | $3.756 | $3.913 |
| October | $3.819 | $3.975 |
| November | $3.725 | $4.038 |
| December | $3.850 | $4.100 |
LUNA Price Prediction 2029
According to our LUNA price forecast and technical analysis, the coin will continue the uptrend at a great rate for the year 2029. The potential high may trade around $5.36, while the potential low may be $3.72. The average trading value is forecasted to be $4.54 for the year.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $3.722 | $4.213 |
| February | $4.213 | $4.295 |
| March | $4.295 | $4.458 |
| April | $4.376 | $4.581 |
| May | $4.458 | $4.704 |
| June | $4.581 | $4.785 |
| July | $4.663 | $4.867 |
| August | $4.785 | $4.990 |
| September | $4.908 | $5.113 |
| October | $4.990 | $5.194 |
| November | $4.867 | $5.276 |
| December | $5.031 | $5.358 |
Terra Price Prediction 2030
According to the LUNA price predictions, the expected Terra prices for 2030 may reach $5.89 during the year’s first half. The LUNA’s price will rise to the maximum price level of $6.96 and the minimum price of $4.83 in accordance with the Terra price prediction.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $4.832 | $5.469 |
| February | $5.469 | $5.576 |
| March | $5.576 | $5.788 |
| April | $5.682 | $5.947 |
| May | $5.788 | $6.107 |
| June | $5.947 | $6.213 |
| July | $6.053 | $6.319 |
| August | $6.213 | $6.478 |
| September | $6.372 | $6.638 |
| October | $6.478 | $6.744 |
| November | $6.319 | $6.850 |
| December | $6.531 | $6.956 |
There are hopes that the crypto community holds for Terra, and it is undoubtedly an ideal ecosystem for the community to generate more such decentralized applications. Considering LUNA is a recent project and naïve in the community, it is up to the leadership team to give it the desired direction to optimize the goals set for the purpose of higher price. There are brighter horizons, but it all boils down to the fact that the entire digital currency industry, for Bitcoin, Ethereum, etc., thrives.
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Terra (LUNA) Price Prediction: Market Sentiments
Terra (LUNA) Price Prediction: Market SentimentsBased on our Terra (LUNA) price prediction, a long-term increase is expected; the price prognosis for 2024 is $33.77. With a 5-year investment, the investment may be devalued.
Wallet Investor
The experts of Digital Coin Price, based on their LUNA price forecast, anticipate the value might record considerable recovery this year. The price of LUNA/USD may trade around $3.43 by 2025.
Digital Coin Price
It seems that the price might reflect a recovery as per the Terra price prediction by analysts. It may easily sail around the $2.94 mark by the end of 2025.
Price Prediction
Terra’s price may cross $1.19 if the market sees a good bull run in 2024. Based on the Terra (LUNA) coin price prediction, its average price for 2027 will be around $5.95.
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Will LUNA 2.0 Rise to its Former Glory?
Will LUNA 2.0 Rise to its Former Glory?The new LUNA token was launched on May 28, 2022, with an approximate launch price of $17. After peaking at $19.54 immediately after launch, the price has crashed by more than 90%. Having said that, it does not mean that LUNA 2.0 is bad crypto. With regular advancements and upgrades, LUNA may become the top choice of traders and investors, which will ultimately increase the token’s price.
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Frequently Asked Questions
Frequently Asked QuestionsDoes Terra have a future?
Due to the recent crash in the cryptocurrency market, Do Kwon initiated a revival plan, and Terra Network has been reborn as per the majority voting. Still, users have trust in Terra for its potential, and it may probably regain some of its strength over time.
Will LUNA go up?
The maximum value of Terra (LUNA) might go to $1.65 by the first half of next year. The five-year plan projected by Terra forecast anticipates that the coin’s estimated value will easily reach the $3 mark. However, it would be best to research before investing your money in the cryptocurrency market.
Is it profitable to invest in Terra?
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Our Terra (LUNA) price prediction projects that the LUNA coin might continue to trade at lower price levels as of now. The average value of Terra might reach $1.40 in 2024. In conclusion, Terra cryptocurrency might be a profitable investment in the future.
What will Terra be worth in five years?
In accordance with the Terra price prediction, the average price is estimated to trade around $3.47, with the maximum price hitting $4.10 and the expected minimum price going down by $4.10 in December 2028.
Where can I buy LUNA?
Users can buy Terra (LUNA) from supported cryptocurrency exchanges and trading platforms. Among the recent price fall in Terra (LUNA), some major crypto exchanges have delisted it. Currently, LUNA is listed on all exchanges like KuCoin, FTX, Huobi Global, Gemini, Bitfinex, Bittrex, etc.
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