Analysts Reveal Terra LUNA LUNC Drivers for 15x Jump

Positive Terra Classic (LUNC) story from crypto expert Javon Marks. His study predicts a 13x price gain for the crypto coin. LUNC's all-time high could explain the parabolic price surge, the analyst said.

LUNC price could increase by 1,500%

Marks said on He said the crypto coin would definitely surpass 400% if it held above its breakout levels.

The crypto researcher instead suggested that LUNC increases by 1,500%. He said LUNC’s breakout and run model implies that three targets could be surpassed, making the crypto coin “possible” to reach $0.00139122.

Marks has long been bullish on LUNC and believes its parabolic rise is imminent. He did not give a timetable for this relocation. LUNC’s fundamentals should also fuel this uptrend and push its price higher.

Frequent LUNC burns may be the cause. Since the collapse of Terra LUNA in 2022, the Terra community has burned approximately 113 billion LUNC tokens. This has reduced the amount of crypto tokens in circulation and can be significant when demand increases.

Note that LUNC is considerably below its all-time high of $119. However, this means that the crypto token could rise significantly.

New Developments In A new version of SDK 47 has been released by Genuine Labs, a Terra Classic development organization. A vote on governance is planned during the update. Significant changes to the Terra network, including Dyncomm decorator fixes, will result from the update.

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