Can LUNC reach 100 dollars?
❗Let's talk about the future of Terra Classic❗
Terra Classic (LUNC) has been quite popular recently, but saying it can reach 100 dollars is really a bit difficult. Why?
✅Too many tokens
LUNC has 68 trillion tokens, and for it to reach 100 dollars, the market cap would have to be 68 trillion dollars, more than the total assets of the entire world combined. Even if some are destroyed to reduce supply, it would take several decades. The current 0.5% burn tax is simply not enough, and on-chain activities are limited.
✅What about the price in 2025?
Analysts say that by 2025, the maximum LUNC can reach is just 0.00032 dollars, assuming everyone is having fun, the upgrades go smoothly, and the market sentiment is good. On average, it would be around 0.00016 dollars, and the minimum could be as low as 0.00008 dollars.
✅Why can't it rise?
There is a lot of competitive pressure, other blockchains are stronger, and they don’t even have transaction taxes. In reality, there are few users, and the TVL (Total Value Locked) is low. Prices are driven by speculation, with limited practical use.
✅What can be done to rise?
LUNC needs to find ways to reduce supply and come up with some practical innovations, such as DeFi, NFTs, and games, and also provide benefits to developers, so it can compete with others.
✅In summary
As it stands now, it's difficult for LUNC to reach 1 dollar, let alone 100 dollars. By 2025, achieving anywhere between 0.00008 dollars to 0.00032 dollars would be quite good. Investors, take it easy, don't just listen to others bragging; check the actual situation before making decisions.
In the next layout direction, I will guide everyone to aim for the lucrative opportunities in altcoins, especially those with great potential projects, expecting a growth space of over 10 times is not a problem. If you want to make big money in a bull market, like + leave a message, and I'll take you through the entire bull market.