Suspension of Terra Ecosystem Tokens | Crypto.com (2024)

FAQs

Will Terra Luna ever recover? ›

Will Luna ever recover? The future of LUNA remains to be determined. While the cryptocurrency market has witnessed recoveries from downturns in the past, LUNA's specific challenges make its path to recovery less clear.

Story Highlights. Crypto exchange Crypto.com has reportedly delayed the delisting of Terra Luna Classic (LUNC) to April, as per emails received by some community members. The crypto exchange earlier informed affected LUNC holders via email about the delisting of LUNC by February 15, which was confirmed by CoinGape.

LUNA price might hit a maximum of $1.67 by the end of 2024. Terra LUNA 2.0 price with a potential surge could go as high as $10.38 by the end of 2030.

The Road to Recovery - Luna Classic's Prospects

Despite the significant setback, the Terra ecosystem is not without hope. Luna Classic's potential for recovery depends on several key factors, including the success of the burn program, the support of its vibrant community, and the pace of protocol development.

It is unlikely that LUNC (Terra Classic) will reach $1 in the near future. The cryptocurrency's massive circulating supply makes it difficult for it to achieve such a high price. Additionally, the market has not shown a strong enough appetite for LUNC to support such a valuation.

In general, there exists a theoretical possibility that LUNC might perhaps achieve a value of $0.01 in the future, however this outcome poses a significant obstacle. Despite a burn rate of 90% and an annual price rise of 50%, the projected timeframe for the value to reach 1 cent ranges from six to 10 years.

The asset can still potentially be traded on other exchanges (such as decentralized exchanges), or through over the counter trading (OTC), but trading activity on the exchange that delisted that asset will cease.

LUNA launched in 2018, reaching an ATH of $119.18 in April 2022. The price collapsed in May 2022, and LUNA rebranded to LUNC. Terra Classic is currently priced at $0.00008343, down 100% from its highs and 10.61% in the last year. Our Terra Classic price prediction forecasts a price of $0.000118 by the end of 2024.

Terra Classic (LUNC) Price Prediction 2030

According to your price prediction input for Terra Classic, the value of LUNC may increase by +5% and reach $ 0.000149 by 2030.

TERRA LUNA Classic Price Prediction 2023, 2024, 2025: Will LUNA Recover To $1? LUNA price might hit a maximum of 0.92 by the end of 2023. Terra LUNA 2.0 price with a potential surge could go as high as $4.59 by the end of 2030. The LUNA price today is $ 0.39750000.

Can Luna 2.0 reach $1000? ›

That is a frequently asked question, and in my opinion, Terra (LUNA) will most likely not reach $1000 by the end of 2025. This is only possible if demand for stablecoins on the Terra network skyrockets. But that doesn't mean it's a bad investment.

Will Luna recover to $1? Given the current supply, a $1 price for LUNC would mean that the Luna Classic market would be $5.8 trillion. Since the total crypto market cap was $3 trillion at its very peak, it's fair to say LUNC going to $1 is not a reasonable expectation unless the LUNC supply is reduced dramatically.

According to our current Terra price prediction, the price of Terra is predicted to rise by 225.82% and reach $ 2.07 by May 23, 2024. Per our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 72 (Greed).

Gradual growth: If Terra's projects gain traction and its stablecoin UST maintains its peg to the US dollar, LUNA could see a gradual rise in price, potentially reaching $3-$4 by the end of 2025.

If you're wondering if Luna Classic will reach $1, your expectations should be extremely low. With the current supply, it's virtually impossible for that to happen, and it will take a very long time before the LUNC burn tax has a noticeable effect on the supply of LUNC.

According to our current Terra price prediction, the price of Terra is predicted to rise by 225.82% and reach $ 2.07 by May 23, 2024. Per our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 72 (Greed).

Terra price prediction, LUNA's price has pumped by 1.54% in the last 24 hours. Terra's price prediction for the most bearish scenario will value LUNA at $0.5 in 2024. Terra's previous All Time High was on 28 May 2022 where LUNA was priced at $18.87.