If the price of Terra Classic drops by 0.00005 USD, then make the purchase.

In the future, Terra Classic hit 0.1 USD within two to three years.

Current Status:

Price: ~$0.000098 USD

Market cap: ~$569.38M USD

Rank: #100 on CoinMarketCap

Circulating supply: 5,791.28B LUNC

All time high : 119 USD

Don't make purchases right now because

LUNC remains a highly volatile cryptocurrency with high inherent risk.

New features added after dramatic collapse of its algorithmic stablecoin, UST, in May 2022

Key Features:

Fast and affordable transactions: Utilizes a Proof-of-Stake (PoS) consensus mechanism for quick and low-cost transactions.

Stablecoins: Aims to offer various, price-stable currencies pegged to real-world assets like USD, EUR, etc.

Decentralized applications (dApps): Supports a growing ecosystem of dApps for DeFi, gaming, and other use cases.

New features: Currently implementing upgrades like a 1.2% tax burn mechanism to manage supply and enhance stability.

That's why the price of Terra Classic is expected to increase.