π Terra Classic Price Prediction for 2024: Expert Views
After a period of exceptional bullishness in the cryptocurrency market, Terra Classic (LUNC) is aligning with the positive sentiment. Financial experts have shared their predictions for the price of LUNC by the end of 2024.
Terra Classic has managed to recover from recent losses and has seen a price increase of nearly 2% in the last 24 hours. However, it has experienced a decline of 4% since the beginning of the year.
Terra Classic Price Prediction
Various finance analysts have offered their predictions for the price of Terra Classic in 2024. Let’s take a look at what they have to say:
#1 Techopediaβs Elliott Lee: $0.000118
Elliott Lee, a British crypto journalist and analyst at Techopedia, predicts that Terra Classic could reach an average price of $0.000118 by the end of 2024. This represents a decrease of 11.01%. Lee believes that Terra Classic’s reputation plays a significant role in its future success.
#2 WalletInvestor: $0.000112
According to WalletInvestor, the average price of LUNC on December 31, 2024, is projected to be $0.000112. The minimum target price is $0.0000312, while the maximum target price is $0.000191.
#3 Traders Unionβs Anton Kharitonov: $0.00013342
Anton Kharitonov, an analyst at Traders Union, predicts that Terra Classic could reach a price of $0.00013342 by the end of 2024. His colleagues also project a price range between $0.00012008 and $0.00014676.
Terra Classic Price Analysis
Currently, the price of Terra Classic stands at $0.0001326. In the last 24 hours, it has experienced a 1.83% increase, a decline of 28.86% in the previous seven days, and a 3.34% gain in the last month.
These figures come at a time when the cryptocurrency market is experiencing a bearish sentiment and anticipation for the upcoming hearing between Terraform Labs and the United States Securities and Exchange Commission (SEC) on March 25. This hearing is related to Terra’s crash in 2022 and the resulting investor losses.
Hot Take: Terra Classic’s Future
It’s important to note that these predictions are not set in stone, as the cryptocurrency market is known for its volatility. It’s crucial for investors to conduct their own research and stay updated with the latest news on Terra Classic before making any investment decisions.
Ultimately, only time will tell if Terra Classic will follow the path predicted by these experts.
Sources:
Techopedia,
WalletInvestor,
Traders Union
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