Luna Classic will reach $1 by 2030: forecasts

Luna Classic will reach $1 and what are the price forecasts for 2022, 2025 and 2030?

Yes, Luna Classic can reach $1. Now that LUNC Burn has been launched, it has become more possible than ever. The short term is likely to be painful. Read our detailed analysis.

Terra Luna Classic Price Prediction LUNC is likely to increase 4-fold (4-fold) by 2025 and more than 24-fold by 2030.

LUNC Burn Update: LUNC 5.58 billion (280 million in the last 24 hours)

What is the Terra Luna Classic token?

Terra Luna Classic is the renamed name of the former LUNA token. $LUNC was launched in May 2022 after the collapse of the Terra Foundation’s UST (Stable Coin). As a way to compensate customers, the Terra Foundation launched a fork called $LUNA. The oldest token was renamed Luna Classic and much of the control was handed over to the LUNC community.

Since the relaunch, thanks to the community, $LUNC has performed spectacularly

• June: +6.7%
• July: -27.9%
• August: +126.9%
• September: +19.4%

Since the may 31 fork, $LUNC has outperformed benchmark cryptocurrencies and the new $LUNA 2.0 by a huge margin.

	Last 5 days Performance	From 31 May
Terra Luna Classic	-30.0%	+65.6%
Moon 2.0	-14.0%	-75.6%
Bitcoin	+2.0%	-40.9%
Ethereum	+4.4%	-33.1%

However, as correctly expected, LUNC had a downward trend after the launch of the On-Chain Burn Tax and is now underperforming benchmark cryptocurrencies.

Luna Classic’s Dream $1: There are many in the community and outside who hope that Luna Classic will reach $1 a day. It is not only a symbolic goal, but very profitable. So let’s figure out if a $1 goal was actually possible.

Can Luna Classic reach $1? Let’s do math first

$LUNC will reach $1 through a combination of organic growth due to demand for its tokens and LUNC Burn Tax that has just been launched. We assumed conservative growth of 25% per annum

Market cap at $1	$6131 billion
Suppose the Moon increases by 25% per year, years to reach $ 1?	39 Years
Suppose: if Luna increases by 25% per year more there is a burn of 50% of the coins	20 Years

Will Luna Classic reach $10 cents?

Suppose: Moon rises 30% per year, years to reach 10 cents?	24 Years
Suppose: Moon increases by 30% per year plus there is a burn of 50% of the coins	12 years

Will Luna Classic reach 1 cent?

Suppose the Moon increases by 35% per year, years to reach 1 cent?	14 Years
Suppose: Moon increases by 35% per year plus there is a burn of 50% of the coins	7 years

Will Luna classic reach $1? What will guarantee $LUNC will come to $ 1

We evaluate the future of tokens and blockchain based on 5 main criteria: differentiation, execution, community, macroeconomics and other factors such as Burn

1. Differentiating factors. A cryptocurrency is likely to succeed if it is different and has solid use cases due to which the demand for cryptocurrency would increase over time. Ethereum, for example, is a huge blockchain that has a wide-ranging utility: helping other tokens, smart contracts, NFT, and DeFi. While Luna’s original focus was on the financial services industry, this will need to be reformulated or modified in the coming weeks and months. Solving the problems of businesses and consumers will drive the demand and price of the Token. This is a work in progress at the moment for Luna Classic LUNC
   • Organizational leadership: To build differentiation, strong leadership is essential. We see this with both Ethereum and Shiba Inu. With Terra abandoning Luna Classic, leadership is scattered throughout the community. The LUNC community is currently struggling with the launch of Burn in Binance. Differentiation is not a priority given widespread leadership in the community.
2. Execution: Once the differentiators have been identified and ratified, convincing developers to start working on them would be the next step. Without developers taking Luna in a certain direction that is different from other Altcoins, LUNC’s price may not pump 100x from here. Some progress has been made on this, but execution isn’t just about engaging people, but it allows consumers and businesses to use blockchain with ease and comfort.
3. Strong Community: The Luna Classic community has proven to be extremely resourceful in getting things done over the past 3 months. The outperformance compared to the Terra Luna cryptocurrency is sufficient evidence of this resourcefulness.
4. Favorable macroeconomic conditions Cryptocurrency prices are driven by the amount of financial liquidity in the market which in turn depends on numerous factors: economy, interest rates, inflation, etc. Financial liquidity creates a high demand for the coin as investors try to own the coin in their portfolio. Global economies will take time to recover.
5. Sustained burn. As simulated in the table above, burning 50% of the coins in 10 years could reduce the time to reach $1. Significant progress has been made in this regard.

So far, the community has done well on two criteria, but not so well on the “differentiation” element. Macroeconomics is not under the control of the Community or the Luna Foundation. On differentiation, there have been some requests from apps that want to launch on Earth Classic Blockchain.

Luna Classic Prediction from 2022 to 2040

LUNC pumped over 127% after the news that all validator nodes would be active from August 26. LUNC had in fact risen by 419% by September 8 before falling more than half from the peak. The On-Chain Burn tax was implemented on September 21. While adoption of the exchange has been slow with Binance not yet on board, LUNC could see approval of more progressive proposals that will help the currency grow further.

LUNC price forecast estimates are a function of the opinions of various analysts. These estimates are based on some assumptions

• The recent performance of Luna Classic
• Coins likely to be burned
• Luna Classic’s leadership becomes more organized and focused
• Luna Classic remains competitive in a messy market
• Improving macroeconomic conditions

Luna Classic Price Prediction 2022

With the arrest warrant of Terra Foundation CEO Do Kwon, there is greater uncertainty about the price in the future. Assuming the community will be able to manage without Do Kwon, this is how we expect 2022 to unfold.

• Diamond hands will guide the Burn. Others will contribute over time.
• Apart from that, LUNC Burn will attract a large number of payment partnerships that will further contribute to a price increase in the next 3-6 months.
• Finally, we expect the LUNA community to start thinking about other use cases in October-November. This could add further to the Luna Price.

As a result, Luna Classic Price Prediction 2022 is 0.000281. This is 1.5 times the current price. This does not depend on any serious crisis due to Do Kwon’s arrest warrant.

Terra Luna Classic Price Prediction 2023

Macroeconomics are likely to improve in 2023, and the community could further consolidate its gains. As a result, Luna Classic Prediction 2023 is $0.000490. This is 2.6 times higher than the current price.

Earth Moon Classic Price Prediction 2024 is 0.000686 which is 3.6 times higher than the current price.

Luna Classic Price Prediction 2025

A substantial improvement in both coin dynamics and macroeconomics should push Luna Classic LUNC Price Prediction 2025 to 0.000943. This is more than 4.9 times the current price.

Terra Luna Classic (LUNC) Price Prediction 2026 is 0.001172 which is 6.1 times higher than the current price.

Terra Luna Classic (LUNC) Price Prediction 2027 is 0.001495 which is 7.8 times higher than the current price.

Luna Classic (LUNC) Price Prediction 2028 is 0.002700 which is 14.1 times higher than the current price.

Earth Moon Classic Price Prediction 2029 is 0.003985 which is 20.8 times higher than the current price.

Luna Classic Price Prediction 2030

We predict that 2025-30 will be the golden era for Blockchains. If this were to happen, Luna Classic Price Prediction 2030 is expected to be 0.005365. This is 27.9 times higher than the current price

Lunc Price Forecast 2025-2040 (Scenario-Based Forecasts)

	Lunc price forecast
At 50% per year until 2025	US$ 0.00065
At 25% per year until 2030	US$ 0.00114
At 15% per annum until 2040	US$ 0.00238

Why has LUNC been on the rise since June?

• The LUNC price has increased in 3 of the 4 months since launch. LUNC’s excellent performance so far is due to a concerted effort by the community to revive the coin.
• Community involvement went far beyond the stake (like Shiba for example).
  • He went to appoint and support validators, coordinate with partners and so on.
• There may be some merit in the argument that the coin would recover on its own, but the terrible performance of Luna 2.0 during the same period suggests that alone, LUNC would also languish at the bottom and in fact even die.
• $LUNC From 31 May: +65.6%, $LUNA 2.0 from 31 May: -75.6%

Will LUNC continue to rise?

The LUNC price is unlikely to rise in the coming days due to unfavorable circumstances in the cryptocurrency market as a whole. Also, given the recent pump, LUNC is likely to consolidate for some time before pumping again.

However, due to the introduction of on-chain taxes, it is inevitable that LUNC prices will rise in the coming weeks and months. The next LUNC pump is likely to occur due to one or more of the following reasons

• Binance adopts on-chain burning
• Launching main apps on Terra Classic or accepting LUNC payments
• New apps that launch on Terra Classic and use LUNC tokens
• Improvement of macroeconomic conditions (such as lower inflation numbers, the end of the war in Ukraine, the improvement of global and US economies, and so on)

Will LUNC crash after On-Chain burning is implemented?

There are several reasons why LUNC might crash after On-chain burning has been implemented

• The price has increased almost 3 times in the last 3 months
• LUNC Burn itself can deter short-term traders from trading LUNC as the cost of each transaction increases. This could substantially reduce trading volumes, which in turn tends to have a negative impact on LUNC
• No major action plan is visible for LUNC after the launch of Burn. No doubt there are possibilities and opportunities, except that none of them is on the table and so far has been voted on.

Will Luna classic reach $1? Volume vs Price Chart

The flurry of community activities between June and September helped Luna Classic. These tasks include appointing developers, validators, validation fees, and passing burning proposals. Looking at the data of the last 4 months –

• Overall, the LUNC price needs triggers that can continue to pump cryptocurrency, for example: burning proposals, development work, partnerships, etc.
• For example, LUNC pumped in June after the community became aggressively organized and pushed the burn. LUNC was pumped out again in August-September after the announcement that all validation nodes were activated. The price has also increased on the likely activation of the Burn on-chain tax from today.
• In the last 10 days, $LUNC has withdrawn and trading volumes have fallen by 70%. The LUNC price is the lowest in 3 weeks and could go even lower for now.

Should you buy Luna Classic LUNC now?

With LUNC falling as expected, it’s not the right time to buy LUNC

Current momentum	negative
Future prospects – Long-term	negative
Future prospects – Short term	negative
Competitive advantage (Liquidity)	moderate
Short trading recommendation	negative
Investment Recommendation	hold

* Do your research
Can Luna Classic reach $1? Luna Classic News Today

1. LUNC Burn launched on September 21.
2. Multiple exchanges support LUNC Burn
3. It’s unclear when Binance will launch the Luna Classic Burn Tax.
4. LUNC. BET has launched a native LUNC project
5. The Community is actively pushing the idea of USTC Repeg which could burn even more LUNC

Will Terra classic reach $1? Concerns about Terra Classic

There are numerous concerns around Terra Luna Classic

1. The arrest warrant against the founder of Terra Do Kwon is a risk factor. However, it’s unclear whether the risk is bigger or smaller given that Luna classic is run primarily by the community. At the moment, we believe this is a minor risk.
2. So far it is not clear what the vision around Terra Luna Classic is. Will they remain focused on DeFi? Will they differ from other major players such as ETH and XRP?
3. What is the leadership structure in Terra Luna Classic? Unlike Bitcoin which has a well-designed architecture that truly allows for a decentralized approach, LUNC cannot survive without leadership. It’s unclear how the community will provide strategic thinking without leadership.
4. Community efforts have completely focused on the Luna Classic Burn tax rather than the direction of LUNC itself.

LUNC price forecast today

indicator	tendency
General perspectives	Partially negative
1. The wisdom of the market	Partially negative
1a. Market data	neutral
1b. Technical recommendation	sell
2. The wisdom of the crowd	neutral
2a. Buzz Trend	superior
2b. Sentiment on social media	lower

Can Luna classic reach $1? Conclusion

Yes, Luna Classic can reach $1 in 20 years if at least 50% of the coins are burned, the governance architecture is clear and focused, LUNC’s differentiators are clear, and developers and validators are working to implement these plans effectively. At the moment it could be said that LUNC has made admirable progress, but a lot of work is still pending.