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TERRA 2.0 (LUNA) Price Prediction 2022 – Will LUNA Break Through The $10 Price?

Written by: Elena R

June 24, 2022

Terra (LUNA) was amongst the most rapidly growing digital currencies that swept the cryptocurrency market. The recent de-peg event called for a new Terra (LUNA), to the older one which is now Terra Classic (LUNC). Terra’s (LUNA) one-of-a-kind feature is a crucial motivator in eliminating the cryptocurrency mining barrier. 

LUNA is being used in mining and for administration. It has ushered in a revolution as a fully decentralized payment mechanism. That substitutes the traditional payment layer on the top of the blockchain. In some ways, it increases transparency by eradicating the need for intermediaries or authorization. 

 As a result, rather than distinct digital currencies, for instance, BTC. Terra’s native coin, LUNA, functions as a configurable asset that tackles performance, scalability, and availability challenges. Let’s dive straight into the deep price prediction of LUNA!

Overview

Cryptocurrency Terra
Token LUNA
Price$ 2.1165
Market cap$ 0.0000
Circulating Supply 0.0000
Trading Volume $ 365,417,598.0000
All time high$ 119.1800 Apr 5, 2022
All time low$ 0.0000 May 13, 2022

Terra (LUNA) Price Prediction For The Year 2022

Potential LowAverage PricePotential High
$2.60$2.78$3.12

The new token’s starting price was roughly $7.9 on the 28th of May. The same day, the price peaked at as high as $19 before settling at about $5.3. The price rose to $6.12 on the 30th of May, from where it kept rising to $9.02 on the same day. 

The next day, on the 31st of May price, attempted to bounce back but could not cross below $11.46. The price railed down to $8.02 on the 1st of June and closed the day at $6.03

The following weeks did not mark a great recovery as LUNA continued its bearish trend. And kept falling to $2.897 on the 10th of June. Since then, the price has been stuck around the trade value of $2 for the rest of the month.

Price Prediction For Terra (LUNA) For Q3

Terra is still regarded as a  fast-growing ecosystem, and LUNA is a central notion in its ecosystem. LUNA will keep going up to a maximum price of $2.76 as there is a massive market for Terra coins. With the need to sustain Terra token values balanced.

Terra is ideally positioned to capitalize on Defi’s prospects. And aims to be one of the premier defi blockchain systems for generations to follow. As defi progresses and real-world use instances get more prevalent. It could average around the price of $2.45 and is expected to not fall below $2.35.

Terra 2.0 Price Projection For Q4

LUNA is a configurable asset that tackles performance, scalability, and availability concerns. The above factors will increase its luminance in the market. And the bulls may take over to cause its price to rise to the maximum value of $3.12.

On the flip side, if the pressure between the bears and bulls remains in the market, its minimum price might end up at $2.69. The dip can be followed by an average trading price of $2.78.

Price Forecast For 2023

Terra’s goal is to build an international payment system with minimal rates and no constraints imposed by national frontiers. This could propel Terra’s minimal cost, which is expected to be approximately $3.90 in 2023. The highest LUNA price that can be estimated is roughly $4.78. In 2023, the average trade price is expected to be $4.04.

Terra (LUNA) Price Prediction For The Year 2024

After revamping the entire world network of payments. LUNA pricing could set out on a journey to leave a significant mark on this crypto industry. By mid-2024, the LUNA price is expected to be riding the bullish trend. And it may even hit a record of $4.59 after a prolonged period.

However, if the coin fails to do so, it might fall to $3.89, circulating on an average trading price of $3.59.

LUNA’s Price Trajectory For The Year 2025

Long-term LUNA owners benefit from staking their coins. Even without the risk of losing money due to the fluctuations in typical cryptocurrency market hikes. This could forge long-term investment opportunities for new project investors, taking its price to a maximum of $5.42.

Conversely, the average price is expected to be $4.06. Moreover, if the coin fails to get traction, the price could fall to a minimum of $3.95.

YearPotential LowPotential High
2023$3.9$4
2024$3.8$4.59
2025$3.95$5.42

What Does The Market Say?

Wallet Investor

The price of LUNA is expected to rise from $31.38 to $50.493 in a year, as per Wallet Investor. The price at the end of 2026 is anticipated to be $119.607. The possibility for long-term profit is 60.91 percent. 

Digital Coin Price

According to Digital Coin Price’s analysis, LUNA’s price will climb within the next five years, rising from $16.844 to $74.19. By 2022, it will have increased to $28.0840831 and will start declining in 2023–2024. LUNA is expected to be a profitable long-term investment relying on this prognosis.

Trading Beasts

According to TradingBeast’s forecast, the price of LUNA will likely stay constant in 2022, reaching approximately $143.56. The coin’s value may rise with time. The cost of a LUNA crypto coin in 2023 might be $154.52. The virtual currency might be valued at over $200 by 2024.

Gov.Capital

According to Government Capital’s cryptocurrency analytical authority, LUNA’s worth might exceed $120.25 by mid-2025. The Terra (LUNA) price level could be $123.47 by the end of Summer. By the beginning of 2028, the coin’s lowest value could be $142.85, and its highest value could be $164.57.

Click here to read our price prediction of Bitcoin (BTC)!

What Is Terra (LUNA)?

The Terra system’s native cryptocurrency, LUNA, is vital to building the stablecoin peg. It’s being used to transact these stablecoins at a concession or a premium, depending on whether demand is up or down. Terra is a decentralized cryptocurrency for fast and worldwide transactions.

Terra production grows or shrinks; as a result, putting its cost back with that of the fiat. In this ecosystem,  LUNA serves as a stabilizing token. If some Terra cryptocurrency values get “unhooked” from the fiat money they are tethered to, customers can swap their LUNA for Terra.

It was the second greatest technology in DeFi in terms of overall worth locked and the most staked token. Also, it is a transaction-focused finance platform that incorporates proof of stake consensus with smart contract functionalities. Furthermore, the growing adoption resulted in a favorable price reinforcement for LUNA.

Fundamental Analysis

Terra Luna was established in 2018 by Daniel Shin and Do Kwon. Who are the founders of Terraform Labs, the firm that powers the Terra Luna environment. The product debut its mainnet and whitepaper in 2019. After securing $32m in financing from sponsors such as Binance Labs, OKEx, and Huobi Capital. 

Terra Luna was developed on the Cosmos blockchain as it was the only means of transporting autonomous blockchain applications in the era. Its goal is to increase cryptocurrency acceptance by offering a variety of provincial fiat-based stablecoins (whose rates are publicized on-chain by oracles). And allowing instantaneous trades across them. 

This allows for low-cost cross-border and simple transactions removing the risk of people struggling financially due to the volatile nature of cryptocurrency. As a result, rather than distinct digital currencies, such as BTC, Terra’s native token acts as a programmed asset that tackles challenges such as scalability, effortless speed, and interoperability.

Our Price Prediction

Terra has a strong core team, development ecosystems and it boasts among the most significant real-world use instances amongst rivals. In 2022, our Terra LUNA coin forecast predicts that the coin will rebound marginally but linger at lower prices. 

Terra is not only evolving rapidly, and it is also integrating that to other ecosystems like Solona and Binance Smart Chain. As per our formulated price prediction, LUNA’s price might hit a maximum of $3.1 by the end of 2022. On the flio side, it could stumble down to $2.5

To read our price prediction of Ethereum (ETH) click here!

FAQ

Q: Is it profitable to invest in Terra?

A: Yes, it could still be a profitable investment. As it is a sound trading option with solid fundamentals and fascinating tokenomics.

Q: Is LUNA a good mid-term hold?

A: The Terra ecosystem also encourages users to stake their LUNA in exchange for benefits, making it an excellent mid-to-long-term investment.

Q: Where can I buy Terra LUNA?

A: LUNA is available on all major exchanges, including KuCoin, FTX, Huobi Global, Gemini, Bitfinex, and Bittrex.

Q: How high will the price of LUNA rise by the end of 2022?

A: The altcoin might hit a maximum of $3.12 by the end of 2022. 

Q: What will LUNA be worth in 2025?

A: The price of LUNA could surge to a maximum of $5.42 by the end of 2022. That said the minimum and average prices could occur at $3.95 and $4.06 respectively. 

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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