Terra Classic Price Prediction 2024: Will LUNC Climb After Do Kwon News?
LAST UPDATED MARCH 8, 2024 10:56 AM

BY PETER HENN

What's next for Terra Classic?
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Terra Classic (LUNC) is the continuation of the old Terra (LUNA) coin, which collapsed in May 2022.
It aims to repeg the USTC stablecoin to the dollar.
Its founding company, Terraform Labs, filed for bankruptcy in January 2024.
One Terra Classic price prediction says it will reach $0.000743 next year.
Rising from the ashes of the collapse of the Terra blockchain, Terra Classic (LUNC) has been perhaps more successful than some crypto experts may have thought. That does not mean everything has been plain sailing.
In September 2023, the crypto’s community voted to end minting its USTC stablecoin in an attempt to repeg USTC to the dollar.
Along with USTC and LUNA, LUNC shot up in late November 2023 following the announcement that its founder Do Kwon was to be extradited.
However, The Appellate Court of Montenegro has overturned Do Kwon’s extradition to the U.S., marking a pivotal moment in the Terra founder’s legal journey.
This comes after his arrest in March 2023, adding a new chapter to the ongoing saga of his extradition process. Will this boost LUNC’s price?
Terra Classic did not immediately respond to a request for comment.
On March 8, 2024, Terra Classic was worth about $0.0001025.
But what is Terra Classic (LUNC)? How does Terra Classic work? Let’s see if we can answer those questions, and also examine some of the Terra Classic price predictions being made as of March 8, 2024.
Terra Classic Coin Price Prediction
Let’s examine some of the Terra Classic price predictions being made on March 8, 2024. It is crucial to bear in mind that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate. Additionally, please remember that many long-term crypto price predictions are generated using algorithms, which means they can change at any time.
