Since the Terra ecosystem collapse, the community has been fighting to restore Terra Classic (LUNC) and Terra Classic USD (USTC) to their former status.
Despite the community’s efforts, a popular crypto prediction AI tool has down seeds of uncertainty, with predictions suggesting a prolonged period of stagnation followed by a potential 100% devaluation by 2030.
With LUNC still struggling to recover from the almost 100% decline after the crash, recovery from another 100% decline might be impossible.
AI-Powered Predictions Paint a Mixed Picture
Despite its tarnished reputation, many LUNC community members remain optimistic about the digital asset’s potential comeback. CoinCodex, a prominent AI-based prediction platform, has offered specific price targets for LUNC in the coming years, providing insights into the token’s possible trajectory.
According to CoinCodex, LUNC’s short-term outlook appears relatively stable. Over the next five days, LUNC is expected to maintain its current value, indicating a neutral 5-day projection. This prediction suggests that the token’s price may not experience significant fluctuations in the immediate future.
Prolonged Stagnation Followed by Potential Devaluation
However, CoinCodex’s long-term predictions for LUNC paint a more challenging picture. From 2024 to 2027, LUNC is anticipated to enter a period of stagnation, with its projected price remaining around $0.00007681 throughout these years.
This prolonged period of stability could indicate a lack of growth potential for the token. The community recently approved a major upgrade, and a lack of growth after all this effort comes as a serious blow.
However, CoinCodex’s AI predicts a slight upward trend, with a potential yearly high of $ 0.00008704. However, this potential increase is followed by a sharp decline in 2028, with LUNC predicted to crash to $0.00003150. However, the predicted yearly high is $ 0.000324, so LUNC could also rise significantly.
2029 also has a wide range for LUNC. Although LUNC could trade as high as $ 0.000722, the expected yearly low is $ 0.0000000003445.
For 2030, CoinCodex predicts a drastic devaluation, setting the yearly low at $ 0.0000000005492 and the yearly high at $ 0.000000003149.
At the time of press, LUNC is trading at $0.00007608, and a drop to the projected value by 2030 will represent a drop of approximately 100%.
Uncertainty Ahead
These AI-powered predictions highlight the uncertain future of LUNC. While optimism remains within the community, the token’s price is expected to experience significant fluctuations and potential devaluation in the coming years.
However, this massively bearish prediction can be overturned if the project builds more use cases and attracts tons of users for adoption.
These new predictions are also lower than Coincodex’s former predictions for LUNC, which worsens the outlook for the token. Only time will tell whether LUNC can overcome its challenges and regain its former glory.
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