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Terra (LUNA) Price Prediction 2024 – 2025 -2030 | LUNA Price Forecast

Felix Küster

January 13, 2024

0

What is Terra?

Terra is the new LUNA 2.0 launched by the Terra founder Do Kwon.

After an incredible demise and unprecedented crash of the original Terra Luna project that went from a $60 billion protocol to almost zero, Kwonman (popular name for this conman) decided to do another round of plundering crypto noobs by launching the same thing under the same name.

He “geniously” renamed the old, worthless protocol and coins to Terra Luna Classic and took the original name Terra Luna for his Luna 2.0 robbery attempt.

Terra (LUNA) is a cryptocurrency that is part of the Terra protocol, which maintains the price of Terra stablecoins by ensuring that the supply and demand for it are always balanced. Luna, on the other hand, is used for blockchain governance. Terra is used for staking, network security, and governance voting. The Terra team aims to create a global payment network with low fees and without the barriers imposed by national borders.

As for its investment potential, there are mixed opinions. Some experts believe that Terra Luna might reverse its seemingly endless downtrend and increase in price. Others predict that LUNA may be a profitable investment, and that the coin can become a solid asset now if it continues to grow. However, it is worth noting that Terra is the successor to a coin that failed, and that its founder has been arrested, which had an impact on its price.

Regarding the historical price overview, Terra (LUNA) reached an all-time high of $103.03 on December 27, 2021. However, some price predictions are bearish, with LongForecast predicting that LUNA will close 2023 at $1.15. Wallet Investor was also pessimistic, predicting that the coin could fall to a mere $0.0552 by the middle of April next year.

Nasdaq experts believe that LUNC could drop a zero from after the decimal point by 2023, potentially reaching $0.002424. One Terra price prediction says the coin can reach $0.83 this year, but another says it will be worthless by 2030.

LUNA Price Prediction 2024

Below we take a look at LUNA and examine some details and predictions to estimate a reasonable price for 2023, as well as for the upcoming years. It should be noted that while price predictions are based on data, and often are analyzed by AI, they should never be taken as financial advice nor be used as a solid basis for an investment, and neither should this article. It is always highly recommended users do their own research into the projects whose tokens they wish to invest in.

As the first quarter of 2024 concluded, we can say that this year has started on a high note for the cryptocurrency industry, marked by significant milestones and growing enthusiasm. Following the landmark approvals of Bitcoin ETFs, there has been a noticeable surge in interest from both retail and institutional investors, signaling a robust period of growth and acceptance for digital assets. These developments have not only bolstered investor confidence but have also hinted at a maturing market that is increasingly aligning with traditional financial systems.

With the regulatory landscape beginning to stabilize and provide clearer guidelines, the cryptocurrency market is poised for a transformative year, potentially setting new benchmarks for adoption, innovation, and investment.

Bitcoin ETF approvals were done in early January, setting a positive tone for the market. Analysts had predicted the SEC would decide on Bitcoin ETF applications potentially catalyzing industry growth. The approvals have been seen as a significant step towards mainstream acceptance and have sparked optimism among investors and traders alike. Now, attention is turning towards both pre and post-halving rallies, with the BTC halving now only days away, expected to further boost Bitcoin, Ethereum, and the broader crypto market.

Bitcoin has almost tripled in price since last summer, with the recent Wall Street earthquake and the upcoming halving expected to further boost Bitcoin, Ethereum, and the broader crypto market. Bitcoin is trading above $70k now, after it hit a new ATH of $73k in March.

Ethereum has also grown following ETF approvals, with many anticipating ETH ETF approvals could be next. Ethereum is trading around $3,600 but still hasn\\\'t broken its ATH from the 2021 bull run. Investors are hopeful this will happen soon.

The majority of investors, traders, and crypto influencers are hopeful that the real crypto bull run will finally commence, bolstered by the recent ETF approvals and anticipation of the upcoming Bitcoin halving event. Bitcoin ETFs, a growing meme coin, AI crypto coins, and RWA mania have helped the bull run to gain momentum. The total market cap (TMC) is now $2.65 trillion.

Below is a tabular overview of how will LUNA develop in the short-term (for the next 90 days), according to our prediction model:

Terra Luna Price Prediction 2024 

The cryptocurrency market has shown promising signs for gains in the early months of 2024, with Bitcoin leading the charge. The digital currency has seen an impressive gain, now trading well above $70,000, a significant increase that underscores the renewed institutional interest and positive momentum within the sector. The market has demonstrated growth, with its total market capitalization soaring to $2.65 trillion (it around $1 trillion in June last year).

This resurgence is buoyed by several factors, including the approval of Bitcoin spot ETFs in early 2024, which has played a pivotal role in attracting institutional investors and boosting market confidence. Moreover, the anticipation surrounding the Bitcoin Halving event, now just days away, has further fueled investor enthusiasm, with many expecting it to have a positive impact on Bitcoin’s price. The growing interest in various cryptocurrency sectors, such as meme coins, real-world asset (RWA) coins, and AI crypto coins, has also contributed to the bull run, showcasing the market’s evolving nature and its ability to adapt to new trends and technologies.

Looking ahead, the market is poised for what many experts believe could be a prosperous period. The potential approval of Ethereum ETFs later in the year is another eagerly awaited development, which could further validate the cryptocurrency market and attract a new wave of institutional investment.

CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown for the next 12 months:

LUNA Price Prediction 2025 

Our prediction model sees LUNA reaching $0.9202 in 2025.

What will LUNA be worth in 5 years?

The price of LUNA in 5 years could lie around $0, according to CaptainAltcoin’s prediction model.

Terra Price Prediction 2030 – 2040

What Terra will be worth in 2030?

Our forecasting model sees Terra reaching $0 in 2030.

What Terra will be worth in 2040?

Our forecasting model sees Terra reaching $0 in 2040.

Will Terra replace / surpass / overtake Bitcoin?

No, Terra will not replace or overtake BTC.

Can Terra reach $10?

No, our prediction model sees no possibility for Terra to reach $10 in the short or mid-term period.

Can Terra reach $100?

No, our prediction model sees no possibility for Terra to reach $100 in the short or mid-term period.

Can Terra reach $1000?

No, our prediction model sees no possibility for Terra to reach $1000 in the short or mid-term period.

How high will Terra go?

Our forecasting model sees Terra price crashing and dropping to near 0 in a distanced future.

Is Terra worth buying?

We do not see a bright future for Terra. It is worth buying only as a short-term speculation with a good exit strategy. Terra is not a good long-term hold.

Is Terra a good investment?

Terra is not a good investment in our opinion. Why? Well, it faces a fierce competition from other similar crypto projects, does not stand out with its technology and innovation, does not have a genuine community (not counting speculators and hype-chasing crowd) and the team behind the project is unproven.

Can Terra make you a millionaire?

No, Terra can not make you a millionaire as we do not see it doing a 10x price increase any time in the future.

How much will Terra be worth?

For the short-term future, it could reach $0.2454. In the long-term (8-10 years), it will most likely drop to 0 or thereabouts.

Why will Terra succeed and go up in price?

Terra has a slim chance of succeeding. It has no first mover advantage, it brings no unique value proposition, it has a weak team and small community behind it. All of this summed up prevents Terra to succeed and rise in price for the long-term.

What is the short-term prediction for Terra?

Terra will reach $0.2454 in the next 90 days, which is a 60.8% change over the current price which hovers around $0.6260.

Terra Price Prediction Today - What will be the price of Terra tomorrow?

Terra will hover around $0.6583 tomorrow.

Will Terra keep going down?

Terra is following an overall market trend which is bearish. That means that its price will keep dropping in the near- and short-term future.

Could Terra crash and go to zero?

Terra could very well be a dead project in 5 years or so. Once exchanges delist it and people can't trade it, you can call it a day - Terra will be in a graveyard of crypto coins.

Can Terra explode?

No, Terra price will not explode and record 5-10x pumps; but grow more modestly with an increase of 12.7% in the next year.

What will be the price of Terra in 10 years?

Terra price in 10 years will hover between $0 and $0.

Terra Price Prediction 2023 - What will Terra be worth in 2023?

Terra will reach $0.3875 in 2023, which is a 38.1% change over the current price.

Terra Price Prediction 2024 - What will Terra be worth in 2024?

Terra will reach $0.2053 in 2024, which is a 67.2% change over the current price.

Terra Price Prediction 2026 - What will Terra be worth in 2026?

Terra will reach $0 in 2026, which is a 100% change over the current price.

Terra Price Prediction 2027 - What will Terra be worth in 2027?

Terra will reach $0 in 2027, which is a 100% change over the current price.

Terra Price Prediction 2028 - What will Terra be worth in 2028?

Terra will reach $0 in 2028, which is a 100% change over the current price.

Terra Price Prediction 2029 - What will Terra be worth in 2029?

Terra will reach $0 in 2029, which is a 100% change over the current price.

Terra Price Prediction 2050 - What will Terra be worth in 2050?

Terra will reach $0 in 2050, which is a 100% change over the current price.

Fundamentals

Use Cases

LUNA has 3 primary use cases. It is on one hand a governance token that can be used for voting purposes^[1], and more interestingly, it is the reserve asset for UST^[2]. In order to mint 1 TerraUSD, $1 worth of the reserve asset (which in this case is LUNA) must be burned^[2]. 

Lastly LUNA is used for mining rewards, who in the short term absorb Terra contraction costs, but in the mid to long term are rewarded with increased mining rewards.^[1]

Team

According to CoinMarketCap: Terra was founded in January 2018 by Daniel Shin and Do Kwon. Together, they came up with the idea of a project that can drive the rapid adoption of blockchain technology and cryptocurrency through a focus on price stability and usability.

Kwon took on the position of CEO of Terraform Labs, the company behind Terra. Prior to developing Terra, Shin co-founded and headed Ticket Monster, otherwise known as TMON — a major South Korean e-commerce platform.

He later co-founded Fast Track Asia, a startup incubator working with entrepreneurs to build fully functional companies. Kwon previously founded and served as CEO of Anyfi, a startup providing decentralized wireless mesh networking solutions. He has also worked as a software engineer for Microsoft and Apple.

The project has a sizable Twitter account that has over 1,000,000 followers at the time of writing. The account is very active in retweeting several relevant content every day, and it itself tweets about once per day. Their original tweets are often about the project itself, as well as about DeFi in general; with the occasional reply here and there. What the account doesn’t do is shill the token, promise gains, overhype the project… etc, which inspires some confidence and trust.

Besides their Twitter, the project also has a YouTube channel, which currently has over 13,000 subscribers.

Lastly, as is common with most projects, they also have a Medium where they post articles and blogs. For more in-depth updates, followers of the project can tune in to read about the latest the project has to talk about.

In terms of brand image, the project uses abstract and futuristic visuals with white, gray, black and blue shades; and their tone of voice is quite bold based on how they express their claims on their website. 

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Community

Their official Reddit sub is currently home to ~79,000 members, and considering that sort of size, it is relatively active; seeing multiple posts throughout the day, almost all of which are engaged with.

Next comes their Discord channel, the invite for which (which is given by the official website) is unfortunately expired.

And lastly, is their official Telegram public discussion group. There are currently around 80,000 members who engage in conversations throughout the day, and while the quality of the messages differ from one user to the next, genuine and interesting discussions do tend to emerge.

Overall it seems like the community is rather active regardless of their sizes across different platforms, which is reasonable considering the scope and accomplishments of the project.

Exchanges & Wallet Support

There are currently around 100 markets for LUNA across dozens of exchanges, as well as 5 commonly used and trusted wallets in which users can store their tokens^[3].

Market Price Prediction

Here are what different websites are forecasting for LUNA:

1. Changelly predicts that LUNA will be traded between 6.40 and 7.72 in 2029.
2. Coinpedia predicts that Terra’s price is projected to reach a minimum of $1.35 in 2026. The maximum price could hit $2.09.
3. Forbes is bearish on LUNA, stating that the project has its work cut out for it.
4. CryptoNewsZ predicts that Terra (LUNA) will have a long-term increase, with a price prognosis of $0.0808 for 2023. They also predict that LUNA may show some resistance, with price levels between $1.16 and $2.82 in 2023. They further predict that the token may have a maximum, minimum, and average price of around $7.40, $5.14, and $6.27, respectively, in 2027.

*These predictions are merely supplemental data and should not be taken as financial advice

**Percentages are approximately based on current value and could change anytime

LUNA Price Prediction 2024

The cryptocurrency market has shown promising signs for gains in the early months of 2024, with Bitcoin leading the charge. The digital currency has seen an impressive gain, now trading well above $70,000, a significant increase that underscores the renewed institutional interest and positive momentum within the sector. The market has demonstrated growth, with its total market capitalization soaring to $2.65 trillion (it around $1 trillion in June last year).

This resurgence is buoyed by several factors, including the approval of Bitcoin spot ETFs in early 2024, which has played a pivotal role in attracting institutional investors and boosting market confidence. Moreover, the anticipation surrounding the Bitcoin Halving event, now just days away, has further fueled investor enthusiasm, with many expecting it to have a positive impact on Bitcoin’s price. The growing interest in various cryptocurrency sectors, such as meme coins, real-world asset (RWA) coins, and AI crypto coins, has also contributed to the bull run, showcasing the market’s evolving nature and its ability to adapt to new trends and technologies.

Looking ahead, the market is poised for what many experts believe could be a prosperous period. The potential approval of Ethereum ETFs later in the year is another eagerly awaited development, which could further validate the cryptocurrency market and attract a new wave of institutional investment.

CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown for the next 12 months:

Terra price prediction 2025 -2030 – 2040

Our prediction model sees LUNA reaching new highs in 2025:

What will LUNA be worth in 5 years?

The price of LUNA in 5 years could lie around $0, according to CaptainAltcoin’s prediction model.

Where & How To Buy LUNA

Where to buy LUNA:

LUNA is available in dozens of exchanges, including but not limited to: Binance, Huobi, KuCoin and Phemex^[3]. 

How to buy LUNA:

The process of buying crypto can differ from exchange to exchange, but here are solid guidelines on how to buy LUNA:

1. Select an exchange that supports LUNA and check for KYC (account verification) requirements and available payment methods.
2. Create an account on your preferred exchange.
3. Purchase LUNA with your preferred payment method.

Already have an account on an exchange that supports LUNA?

• Purchase LUNA with your preferred payment method.

Or

• Swap some of your tokens with LUNA.

Note: When buying or swapping tokens, some exchanges may have minimum amounts in place. Additionally, most exchanges issue varying fees for purchases and swaps.

LUNA Wallets

The following wallets support the LUNA token^[4]:

• Terra Wallet
• Ledger (hardware wallet)
• Trezor (hardware wallet)
• Trust Wallet
• Math Wallet

Summing It All Up

Projects that focus on adoption always have interesting approaches to adoption-related problems, and Terra is one such project. As cryptocurrencies gain more popularity, projects like Terra can become more valuable.

That being said, it is important to note that they are not the only project with an adoption-driven approach; and broadly speaking, almost all projects put a certain amount of effort into being adopted, regardless of how ideal their project is for such a process.

References & Resources:

• Terra.money/whitepaper
• Medium.com/terra-money/ust
• Coinmarketcap.com/luna/markets
• Coinmarketcap.com/luna/wallets
• Coinmarketcap
• Messari
• Walletinvestor
• Digitalcoinprice
• Tradingbeasts