In the wake of the 2022 Terra network collapse, Terra Classic (LUNC) witnessed a dramatic 99% plunge. A crypto considered a crypto gem became a high-risk cryptocurrency, similar to the many meme coins in the market. Despite its murky reputation, many in the community still have faith in LUNC and are rallying for a resurgence.
Can Terra Classic (LUNC) Regain its Former Position?
The question on the minds of many in the community is whether Terra Classic (LUNC) can return to its former glory.
LUNC still has many supporters, and an AI tool might have the answer to the question on all their minds. AI tools are more popular than ever and are revolutionizing the world. CoinCodex, with its machine learning algorithm, has brought this technology into the realm of cryptocurrencies.
CoinCodex is a well-known cryptocurrency tracking platform that covers over 28,000 cryptocurrencies in more than 420 crypto Exchanges. Its AI prediction tool leverages the historical performance of each token to provide forecasts of the token’s future.
The Machine Learning Algorithm’s Prediction
CoinCodex’s machine learning algorithm gives predictions for the next seven years for LUNC. The nearest forecast, a neutral 5-day outlook, suggests the token will likely maintain its current value of $0.00008398 in the coming month.
Peering into the future, the algorithm expects stability from 2024 to 2026, with prices ranging between $0.00008397 and $0.00008398. These predictions show a bleak future for LUNC, as 3 years is a long time to wait without any progress.
However, a pivotal shift is expected in 2027, potentially propelling LUNC to $0.00009591. The subsequent year, 2028, foresees a turbulent year full of highs and lows, ranging from $0.00003442 to $0.000358. The rollercoaster continues in 2029, with the algorithm predicting lows of $0.0000000003808 and highs of $0.000793.
The algorithm sees 2030 as a particularly challenging year for LUNC investors, predicting a low of $0.0000000006051. It doesn’t expect LUNC to reach the peaks from the previous years, with a modest predicted high of $0.000000003494.
At the time of press, LUNC is trading at $0.00007958, down 1.48% in 24 hours but up 11.88% in the last 7 days. According to data from CoinMarketCap, LUNC has a market cap of $461.4 million and is ranked #97. The cryptocurrency’s trading volume is $41.8 million over the last 24 hours, up 8%.
Meanwhile, Terra Classic (LUNC) recently soared by 45%, but these predictions don’t give much hope for its future.
Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#TerraLunaClassic #LUNCUpgrade $LUNC

As an expert in blockchain technology, I find the recent developments in Terra Luna Classic (LUNC) particularly noteworthy. The core developer, L1TF, in collaboration with the Terra Classic Coalition (TCC), has initiated a groundbreaking shift in project management and compensation within the Terra Luna Classic ecosystem.
The Pay-Per-Job Model: A Paradigm Shift
This new model, ratified through a community governance vote, marks a significant departure from the traditional monthly payment system. It is designed to cover a range of critical tasks, including but not limited to, chain upgrades, ongoing maintenance, and infrastructure management. The essence of this model lies in its task-oriented approach, where compensation is directly linked to the completion of specific jobs. This method promises to bring a more dynamic and performance-driven atmosphere to the development process.
However, the implementation of this model is not without its complexities. Proposal 11889, which outlines the pay-per-job framework, was noted by L1TF and TCC to lack crucial details necessary for practical application. These include specific guidelines for job execution and an established cost structure for various job tiers. The proposed tiers range in cost from $10,000 to $50,000, reflecting the varied scope and complexity of tasks within the Terra Luna Classic platform.
A notable aspect of this model is its governance structure. All job listings and subsequent changes are to be maintained on the classic-terra GitHub repository, with future modifications subject to community governance. This approach underscores the commitment to transparency and collective decision-making inherent in blockchain projects.
Addressing Security and Centralization Concerns
Despite its innovative approach, the proposal has encountered resistance from parts of the community. Critics argue that this model may inadvertently lead to centralization – a significant departure from the decentralized ethos of blockchain. There are also concerns about increased costs and potential security threats, as the model requires developers to provide KYC (Know Your Customer) certification, adding a layer of bureaucracy to the process.
In conclusion, while the pay-per-job model introduced by L1TF and TCC for Terra Luna Classic represents a novel approach in blockchain project management, it also raises questions about the balance between efficiency, cost, and the fundamental principles of decentralization and security. As the cryptocurrency market continues to evolve, the responses and adaptations of projects like Terra Luna Classic will be critical in shaping the future of blockchain development.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#TerraLunaClassic #LUNCUpgrade $LUNC