An epic process began for the cryptocurrency world in February 2024 and turned into a peak performance in March. However, for Terra Classic (LUNC), which suffered significant blows in 2022 and experienced a drop of over 20% since the beginning of the year, things do not seem to be going as desired. Although there was a recovery in the price following Binance‘s support announcement for LUNC on June 8, it still lags behind the overall rise in the cryptocurrency world.
What Will Be the Price of Terra Classic (LUNC)?
Terra Classic (LUNC) has seen various AI models making different price predictions for the end of 2024 and 2025.
According to predictions by advanced machine learning algorithms from CoinPriceForecast, Terra Classic’s price could be around $0.00011696 before the end of 2024, which would mean a 9.77% increase from the current price level.
On the other hand, OpenAI’s ChatGPT-4.0, which recently announced a deal with Apple, also made a significant price prediction. The AI indicated that LUNC’s price could reach a minimum of $0.000096 and a maximum of $0.000244 before December 2024, with an average price range of $0.000118 to $0.000149:
These figures consider ongoing technical developments, community engagement, and prevalent market trends in the ecosystem.
The AI model named Claude 3 Opus also made a price prediction. According to the AI, Terra Classic could be in the range of $0.00004 to $0.00021 by the end of 2024.
Google Gemini also presented its price prediction, considering analysts’ predictions and market declines, indicating a low of $0.00009 and a peak performance of $0.00025 for LUNC.
Terra Classic Price Outlook
As of the time of writing, LUNC continues to find buyers at $0.00010600, indicating a 1.79% price drop in the daily view and a 10.19% decline in the weekly review. An examination of the last 30 days shows a 2.61% increase for LUNC. Data from June 10, indicating the last six months, shows a 23.17% price decline.
The well-known cryptocurrency analyst Javon Marks attracted significant attention with his view that LUNC is taking the first step in a potential upward process.
In a late May X post, the analyst made an important statement that LUNC could move towards $0.00021439 “at an unprecedented speed.” Considering LUNC’s past price movements, it remains to be seen whether the analyst will be proven right.
However, investors should also consider the highly volatile nature of cryptocurrencies for their own well-being.