Terra Luna Classic (LUNC) Price Prediction. Will LUNC price hit $0.001 in 2022?

[Ragavendra Raja]

The Terra open-source blockchain project helps developers create decentralized applications and web3 products that can be used to power the next generation. Founders of Terra are Do Kwon and Daniel Shin.
 
Due to the considerable drop in Terra’s price in the market, Terra was split into Terra 2.0, which is known as Terra (LUNA) today, and Terra Classic (LUNC), which was previously Terra. Terra blockchain is a community-owned, permissionless system.
 
Terra Luna Classic (LUNC)’s circulating supply is 6,151.07B LUNC while its maximum supply is unknown as per CoinMarketCap. LUNC Inu (LUNC) can be traded on top cryptocurrency exchanges including Binance, Huobi Global, Gate.io, Kucoin, and others.
 
Terra Luna Classic (LUNC) Price Prediction 2022
 
After touching support levels of $0.00028 and $0.00023, LUNC price swung from $0.00045 resistance2 to $0.00038 resistance1.
 
The market has reversed at the support level of $0.00028 and is now going sideways. Expected to be bullish in coming weeks.
 
In the meantime, our long-term LUNC price prediction for 2022 is bullish since it cannot break the current support level anytime soon. We can expect LUNC to reach $0.001 in 2022.

[tbct_mt2]

It will but I can not say when.

If you hold it long enough, you will be able to see LUNC at not only $0.001 but maybe at $0.01. Time and patience are barriers for most of people. We don't have enough patience to hold it too long like that.

Only thing I can say is Terra Classic won't die, won't disappear. If it survives (that I believe it will), price will soar by one reason or another.

I think in near future, it will be pulled back to $0.00012 first. It is risky to buy it at today price which is doubled than my target entry price.

[cryptoaddictchie]

If you hold it long enough, you will be able to see LUNC at not only $0.001 but maybe at $0.01. Time and patience are barriers for most of people. We don't have enough patience to hold it too long like that.

Wow thats too high if able to come on that a lot of people will definitely become rich especially thosw who bought when it was on three to five zeroes before. But with the current marketcap, I am really not confident with it reaching it for now. We are probably talking about a lot of time here before arriving on that level.

I dont have any lunc now but still have some luna locked on binance airdrop before of terra but I dont expect anything from it since its distribution is on december and it will be for 2yrs monthly unvest.

[JamesDaniel90]

It will but I can not say when.

If you hold it long enough, you will be able to see LUNC at not only $0.001 but maybe at $0.01. Time and patience are barriers for most of people. We don't have enough patience to hold it too long like that.

Only thing I can say is Terra Classic won't die, won't disappear. If it survives (that I believe it will), price will soar by one reason or another.

I think in near future, it will be pulled back to $0.00012 first. It is risky to buy it at today price which is doubled than my target entry price.

I am holding till 0.005 and I will take small profits along the way so that by the time it does reach 0.005 I will have withdrawn my initial investment at least.

I am happy to hold for the next 6-12 months to see what happens but to answer the initial question yes I do think it can reach 0.001 this year.

[piebeyb]

to be honest I'm not sure the Luna price increase is due to market demand but only because fomo and the whales are playing with the trading volume there, especially seeing my friends are poor because of this Luna project and lost a lot of money after being dropped in the past, so I really avoid the project this, but I will congratulate the early holders who bought low before and you can enjoy the profits now, take the opportunity to return your capital so that you leave profits there, if there is a hard dumper you will not feel hurt and poor quickly, I bet it's not will touch $0.001 this year because the bear market is still very strong

[zasad@]

I shared my opinion in this thread and there are many useful links
https://bitcointalk.org/index.php?topic=5413057
The price of Luna Classic (LUNC) may quadruple and reach the stated forecast of $0.001 but may also be at the bottom for a long time. There are no fundamental grounds, so you rely on price speculation.

[AlphaEther]

Not sure. It can. But now whales are doing activities on this coin and People's are buying it. It can be a trap. It is just a prediction. no one can sure us about this. And recently an arrest warrant issued against the founder of this coin. Its not a fundamentaly strong coin. Trading on it is risky.

[ryzaadit]

More likely gonna be death.

Just need to waiting until getting delisted again from major exchange, because the exchange need to protect their customer. With the news, Do Kwon is getting arrested by South Korea Goverment.

It's already a death trap for LUNA (1st Disaster Failed from First Coin + this mess arrested). IMO, better fully short rather than buying.

[Review Master]

We can expect LUNC to reach $0.001 in 2022.

Well don't get fooled again by jumping into the hype. Here's some fact about recent pump and will the tax implementation will have effect in the lunc price. First of all, community passed a proposal to implement 2.5% tax on every on-chain transection until supply reached 10 billion. In reality, LUNC is having almost 7 trillion supply as of now and it would take more than 100 years even if LUNC's burned 100 million coin daily. However binance will only burn from deposit and withdrawal transection and it's having the highest trading volume. So no impact in the supply. So be aware of this and even if LUNC pumped to $0.001 than it would be done because of hype & fomo, IMHO.

[CryptoYar]

I remember people predicting this coin up to $500 before the crash and almost everyone used to say that, this is a very strong project. Hold it for the long term and it will make you rich. Then many people believed in it and invested their hard-earned in buying it.

Then one day its stablecoin ( ust) was depegged and to save that stablecoin the Luna team minted this coin to an astonishing extent. And the price started to look like it is a meme token.

Now its predictions have started again, again it is being shown as a strong project I am afraid people will fall for this deception again.

[serjent05]

Simple answer would be, if the whales pump LUNC hard it will but if they abandon it, LUNC will be worthless. 

In the current situation, LUNC is basically abandoned because LUNA is the main interest of the developers.  These patches are just to make sure that whales and devs have another way to get money.  Aside from that dev team is being hunted by the authority, it is more likely the LUNC market will be dumped into oblivion.

More likely gonna be death.

Just need to waiting until getting delisted again from major exchange, because the exchange need to protect their customer. With the news, Do Kwon is getting arrested by South Korea Goverment.

It's already a death trap for LUNA (1st Disaster Failed from First Coin + this mess arrested). IMO, better fully short rather than buying.

People with sane minds will have the same thought as you.   Even a gambler won't touch this coin because they already knew that this coin is already dead the moment South Korea issue a warrant of arrest against the developer.

[goaldigger]

In the meantime, our long-term LUNC price prediction for 2022 is bullish since it cannot break the current support level anytime soon. We can expect LUNC to reach $0.001 in 2022.

That could be possible but better not to expect that much, there’s still a lot of issues with this project though the hype is there but it’s not enough to make this project great again. If people will celebrate for the arrest of DK, then this price can happen, there’s still a lot of time for this year and let’s see if Bitcoin can rise as well because altcoins market depends on that. LUNC might be the only LUNA to rise above, their burning system should work well.

[Silberman]

I remember people predicting this coin up to $500 before the crash and almost everyone used to say that, this is a very strong project. Hold it for the long term and it will make you rich. Then many people believed in it and invested their hard-earned in buying it.

Then one day its stablecoin ( ust) was depegged and to save that stablecoin the Luna team minted this coin to an astonishing extent. And the price started to look like it is a meme token.

Now its predictions have started again, again it is being shown as a strong project I am afraid people will fall for this deception again.

It’s disappointing that people have such short memories but that's just the way they are, they're in self-denial about what's happening and they want to believe there’s still a chance for them to recover their money or at least to diminish their losses, but I’m sure that sooner or later we’ll see a major collapse of this coin and this time I don’t think there's going to be any way to save it and it will crash so hard that it’ll finally become worthless.

[AmoreJaz]

I remember people predicting this coin up to $500 before the crash and almost everyone used to say that, this is a very strong project. Hold it for the long term and it will make you rich. Then many people believed in it and invested their hard-earned in buying it.

Then one day its stablecoin ( ust) was depegged and to save that stablecoin the Luna team minted this coin to an astonishing extent. And the price started to look like it is a meme token.

Now its predictions have started again, again it is being shown as a strong project I am afraid people will fall for this deception again.

It’s disappointing that people have such short memories but that's just the way they are, they're in self-denial about what's happening and they want to believe there’s still a chance for them to recover their money or at least to diminish their losses, but I’m sure that sooner or later we’ll see a major collapse of this coin and this time I don’t think there's going to be any way to save it and it will crash so hard that it’ll finally become worthless.

that is true. with the arrest warrant being issued, i don't think this LUNC will rise their price in the coming months. much more if Do Kwon will be jailed. better sell while they have value. i don't think waiting for the bullish trend will give you profits on this project. people will regret if they will not do something right away. but in any case, it is their money. they can do whatever they want, right? but don't blame anyone if they will totally lose on this one.

[coinerer]

The Terra open-source blockchain project helps developers create decentralized applications and web3 products that can be used to power the next generation. Founders of Terra are Do Kwon and Daniel Shin.
 
Due to the considerable drop in Terra’s price in the market, Terra was split into Terra 2.0, which is known as Terra (LUNA) today, and Terra Classic (LUNC), which was previously Terra. Terra blockchain is a community-owned, permissionless system.
 
Terra Luna Classic (LUNC)’s circulating supply is 6,151.07B LUNC while its maximum supply is unknown as per CoinMarketCap. LUNC Inu (LUNC) can be traded on top cryptocurrency exchanges including Binance, Huobi Global, Gate.io, Kucoin, and others.
 
Terra Luna Classic (LUNC) Price Prediction 2022
 
After touching support levels of $0.00028 and $0.00023, LUNC price swung from $0.00045 resistance2 to $0.00038 resistance1.
 
The market has reversed at the support level of $0.00028 and is now going sideways. Expected to be bullish in coming weeks.
 
In the meantime, our long-term LUNC price prediction for 2022 is bullish since it cannot break the current support level anytime soon. We can expect LUNC to reach $0.001 in 2022.

The amount of investors lose in Luna Classic cannot be recovered. But I think anything can happen in crypto. If investors can risk a small part of their money and reinvest in it, there is a possibility to earn a big profit. The biggest thing is to restore that investor confidence from here. If the team is able to that then maybe it will be more than the mentioned price.

[samcrypto]

In the meantime, our long-term LUNC price prediction for 2022 is bullish since it cannot break the current support level anytime soon. We can expect LUNC to reach $0.001 in 2022.

That's not that big and a more reasonable price once the update push through. Many are very optimistic with LUNC because of their plan to burn the supply on a more aggressive way, though some negative news appear right before the update, I think this can't affect much the project. DK will face that consequences while LUNC will still focus on their plan and updates. Let's see if this target can achieve this year, almost 3 months left before the year end probably enough time to see some growth.

[blockman]

I understand that everyone is on this for just having that remaining LUNCs on their wallets to be sold. And it seems that exchanges are being favorable to their actions with the tax/burn that they do.
Well, $0.001 for this year I'd say is very unlikely. The timeframe that you're predicting is a little bit while the crisis to the world is happening, so I don't think it'll be there to least for this year.

[tbct_mt2]

More likely gonna be death.

Just need to waiting until getting delisted again from major exchange, because the exchange need to protect their customer. With the news, Do Kwon is getting arrested by South Korea Goverment.

It won't be death. It does not need the existence and engagement of Do Kwon to exist.

It's already a death trap for LUNA (1st Disaster Failed from First Coin + this mess arrested). IMO, better fully short rather than buying.

If you don't wait for lower price to buy it, don't short. The latest rise of LUNC is coming from forced liquidations against people shorted it. They are victims but also participants who fueled the rise of LUNC.

[gunhell16]

It will but I can not say when.

If you hold it long enough, you will be able to see LUNC at not only $0.001 but maybe at $0.01. Time and patience are barriers for most of people. We don't have enough patience to hold it too long like that.

Only thing I can say is Terra Classic won't die, won't disappear. If it survives (that I believe it will), price will soar by one reason or another.

I think in near future, it will be pulled back to $0.00012 first. It is risky to buy it at today price which is doubled than my target entry price.

None of the member here in this forum can say when the exact day, date, or month the price of LUNC will increase
because the market is so unpredictable.

Most cryptocurrencies are indeed volatile, and this is one of the things that LUNC has, but anyway, if what I found is true that Binance is supporting LUNC to implement the 1.2% tax burn on their platform but they will only apply that to deposit and withdrawal, when this happens the LUNC may gradually increase in the future even though there is an arrest warrant for Do Kwon the founder of LUNC.

[koang]

What makes you so sure OP? Are there still many people who still believe in this kind of coin?
Anyone with some fine sense would get out of Luna.
Don't hope for this project, Luna is a failed project. Never get trapped twice in the same hole. It’s a become joke now
Nobody trust Luna or Luna Classic anymore. Dead Project. And please stop joking, "community owned"