The Bitcoin halving event estimated to play out in April might be one good opportunity for Terra Classic (LUNC) to attempt a sustained pathway to redemption.
It is no longer news that after the sudden collapse of the Terra ecosystem in May 2022, the revamped project Terra Classic has struggled to reclaim previous heights, leaving the LUNC enthusiasts worried.
Terra Classic (LUNC) devotees might lose patience with the coin if its situation does not change after the Bitcoin halving. Most of them have been observing its price actions lately and are also eager to know what future has in stock for their beloved digital asset.
Read Also: Terra Classic Influencer Explains Why $120 LUNC Price is Unlikely, States Requirements For $1 Price
We have thought it wise to make findings of Terra Classic (LUNC) post-Bitcoin (BTC) halving potential price actions. Notedly, we employed the expertise of Bard, Google’s artificial intelligence (AI) model. We quizzed the chatbot on the potential Terra Classic (LUNC) worth if BTC hits $150,000 after halving.
It is worth noting that Terra Classic (LUNC) is changing hands at approximately $0.00011. Does Bard anticipate a significant boost in LUNC’s worth? Find out.
Bard Highlights 3 Possible Scenarios With Price Projections
Typical Bard initially acknowledged how tricky it could be to predict digital asset prices. The chatbot discussed the Terra Classic (LUNC) price trajectory based on three scenarios that could play out after the halving event.
The AI model also added that its predictions will stem from assumptions and current market trends. In its exact wording, the chatbot noted, “While I can’t offer a definitive answer, I can explore some potential scenarios based on assumptions and current market trends, keeping in mind the safety guidelines you’ve provided.”
Positive Synergy
In this scenario, Bard noted that Terra Classic (LUNC) could attain prices between $0.01 and $0.03 after the halving event.
Describing what it meant by a positive synergy, Bard clarified it implies a situation characterized by Bitcoin’s rapid rise to $150,000, significant tokens burn rate, and active community engagement.
Moderate Growth
Bard described this outlook to have a similar description to the positive synergy above. However, developments in this scenario will come at a slower pace.
The chatbot predicted, “In this scenario, LUNC could potentially reach between $0.005 and $0.01 after the halving.”
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Read Also: Terra Classic Makes Notable Move Towards LUNC Price Recovery and USTC Repeg
Market Uncertainty
Market uncertainty implies that the Terra Classic ecosystem could experience unfortunate events ranging from security breaches to significant economic shifts, and possibly unfavorable regulatory rules.
Bard added, “This scenario highlights the inherent volatility of the market and the possibility of LUNC remaining relatively stable, potentially around its current price point, despite Bitcoin’s performance.”
On a final note, Bard cautioned, “While the possibility of LUNC reaching the mentioned price points exists, it’s crucial to approach any investment with caution and due diligence. Remember, the future is always uncertain, and the market can be unpredictable.”
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