• Terra Classic (LUNC) faces a bleak future, with predictions of minimal price growth until 2028 and a potential 100% devaluation by 2030, according to CoinCodex.
• Despite these predictions, the Terra Classic community remains optimistic, actively working on upgrades and burning tokens in the hopes of a revival.

Terra Classic (LUNC), once a prominent player in the cryptocurrency market with historical highs reaching $119.8, finds itself in a precarious position. Predictions from CoinCodex’s machine-learning algorithms suggest a slower-than-expected price surge for LUNC in the coming years. This has sparked a debate within the crypto community about the token’s potential for recovery.

CoinCodex Predictions: A Bleak Outlook

CoinCodex, a crypto analytics platform, relies on historical trends to make predictions of cryptocurrencies. According to their analysis, LUNC is expected to trade at a low price of $0.00007736 in 2024, with the maximum price projected at the same amount. This suggests that LUNC may see no significant upshoot in the coming year, as it currently sits at a market valuation of $0.00007801, up by only 3.34% overnight.

The predictions become more intriguing as CoinCodex’s algorithm foresees LUNC having low and high prices of $0.00007736 and $0.00007737 in 2025, $0.00007736 and $0.00007736 in 2026, and $0.00007736 and $0.00008757 in 2027. Notably, the first major significant gain for LUNC is expected only in 2027.

LUNC might not shed a zero from its price until 2028, when it could reach a high of $0.000326. However, beyond that point, the outlook appears increasingly grim. In 2029, the market may witness LUNC trading at $0.000726. CoinCodex suggests that LUNC’s hopes of returning to its all-time high (ATH) remain distant and possibly unattainable in the near future.

Community Optimism and Challenges

Despite CoinCodex’s bearish predictions, the Terra Classic community remains optimistic about LUNC’s future. They believe that consistently burning LUNC tokens and introducing upgrades to enhance usability and demand could lead to a revival of the project. Some even speculate that LUNC might return to a $1 price tag. Several of these upgrades are already in progress, indicating that the community is working towards a brighter future for LUNC.

Tarnished Reputation and Historical Decline

In 2022, Terra Classic (then known as Terra LUNA) experienced a catastrophic 99.99% decline in value. At its peak, LUNA traded above $100, making its subsequent fall dramatic. This decline transformed LUNC from a crypto gem to a high-risk digital asset akin to numerous meme coins in the market.

Despite its tarnished reputation, many LUNC community members continue to advocate for a potential comeback. They envision a future where Terra Classic can recapture its past glory.

Mixed Outlook for the Next Seven Years

CoinCodex’s predictions for LUNC in the next seven years present a mixed outlook. In the short term, the platform anticipates that LUNC may maintain its current value of $0.00007614 over the next five days, suggesting relative stability.

However, the projections for 2024 to 2026 indicate a prolonged period of stagnation, with LUNC maintaining a yearly high and low of $0.00007736. This extended period of stability may test the patience of LUNC investors.

The year 2027 appears to be a potential turning point, as CoinCodex’s algorithm predicts a yearly low of $0.00007736 and a possible yearly high of $0.00008757. This significant shift in price could either reignite optimism or further complicate the token’s future.