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What is Luna? Luna Price Prediction 2021 to 2025: Will Luna Reach 500$ by 2025?
Terra (LUNA) is among the unique protocols in a constantly evolving cryptocurrency market that primarily uses fiat-pegged stablecoins to power price-stable worldwide payment processing. Terra does have its own native token, LUNA, that is used to keep Terra at exactly one dollar. It is also used for network fees.
Will the token proceed its bull run to record highs as Terra’s continuous improvements set new benchmarks? If you’re searching for the LUNA price predictions for 2021, 2022, 2023, 2024, 2025, as well as 2030, and would like to understand where the prices of Terra (LUNA) would go in the long term, read the article further.
We’ll look at Terra’s (LUNA) past prices and see what analysts believe about its future prices. This article will answer all of your questions well about LUNA price prediction.
About Terra (LUNA):
|All time high||$ 77.1600 December 4, 2021|
|All time low||$ 0.1218 March 18, 2020|
Terra (LUNA) is indeed a blockchain protocol founded by Daniel Shin and Do Kwon in the year 2018. The founding members wanted to create a new ‘Digital currency’ that can really adapt to the versatility of the new economy. Do Kwon is really the CEO of Terraform Labs. Terra is a proof-of-stake blockchain that aims to maximise the potential benefits of cryptocurrency for the financial world by concentrating on both a mass payment processing system and the formation of a useful stable coin.
Terra’s Payment Processing
First and foremost, Visa, Mastercard, as well as American Express have no role here. They actually take around 2-3% of every transaction they assist with in fees that the merchants pay to the credit card company. The key point here is that Tera caps fees at one percent, and that’s just the cap; in reality, fees are typically much lower than one percent, and you can see the benefits of merchants switching to the Terra blockchain.
Purpose of Terra
Aside from payment processing, Terra has some cool features that set it apart from other cryptocurrencies. Terra, like bitcoin, makes use of a blockchain. So, what is the distinction between the two? Bitcoin is highly volatile; the value of bitcoin measured in dollars fluctuates on a daily basis. The central concept is that everyone wants a separate channel for making payments and investing. We want our money to have a consistent value so that we can expect it to be worth the same thing in the future.
Terra’s purpose is to solve the problem by utilising a stablecoin algorithm that allows certain tokens on the network to remain at a single price, resulting in terra having a stablecoin for several different currencies.
What is LUNA?
The terra ecosystem holds two assets, the native network coin called LUNA as well as the stable coin which is called UST. The power of LUNA is a bit different because it is actually used to maintain the stable value of Terra. LUNA is a token that is used to keep Terra at exactly one dollar. It is also used for network fees.
When the value of UST is mismatched to the value of a real Us dollar, basically Luna is used to incentivize people to do certain things to stabilize the price. They do this by burning the UST or creating more of it to manipulate the value . The people who actually do this also earn profits. Now let’s discuss about the LUNA’s price history and the expected LUNA price prediction.
LUNA’s Price History
LUNA debuted in 2019 at $1.31, but experienced a downtrend for the first 18 months. Despite the fact that this was not a worthless asset, the new token didn’t even appear to have much faith. After September 2019, LUNA continued to set record lows. It fell to $0.21 on December 18, 2019, before falling even lesser to $0.12 on March 18, 2020.
Terra declared that LUNA would be listed on the Binance trading platform on August 19, 2020. Users were able to stake their LUNA coins beginning on August 28th, and the price went up from $0.33 in July to $0.56 in August. It didn’t take long, even so, for it to fall once more. Despite the fact that UST launched in September of that year, LUNA slipped back to $0.32. For your information UST is the Algorithmic Stablecoin, that’s also knows as Terra, which is decentralized, scalable and robust.
It was a bleak outlook for the staking asset till the crypto growth began in early 2021, while LUNA began acting bullishly. According to the most recent data, Terra’s current cost is $70.21, as well as LUNA is recently listed #10 in the whole cryptocurrency ecosystem. Terra has a circulation supply of 386,444,853 coins and a market capitalization of $27,130,963,212.
Terra has recently demonstrated very great potential, and it could be a great time to jump in and put the money.
LUNA Price Prediction (2021-25)
LUNA Price Prediction 2021:
The year 2021 appears to be extremely promising for Terra, as the coin began its optimistic rally the first day. Terra restarted its run in January, with such a trading value of $0.6494. On a positive note, the coin started increasing significantly. As a direct outcome of the Anchor protocol launch, the coin’s price had exceeded $21 by the middle of March. The price then plummeted to $13 as bears took control over the market in April.
As a result of economic collapse in May, Terra prices dropped by 70%, having caused cryptocurrency to plummet to as low as $4. The cost then floated around $6 until the months of June and july. Terra reached a new all-time high of $33.12 on August 19 amid mounting positive sentiment, aided in part by increased UST supply as well as a Terra network update.
Following the start of Q4, the LUNA price has increased at an exponential rate. Over the last 3 months, it has successfully produced subsequent higher lows with amazing improvements. However, the cost had also managed to retest at $27.5, $35.6, and $41.69, respectively. A strong break out at $40.05 drove the price to a new all-time high of $60.07 on December 1st, 2021. By the end the cost can reach a peak of 470.06 and with an average price of $68.11.
LUNA Price Prediction 2022:
Terra (LUNA) is anticipated to widen across multiple countries by 2022, which will be the major challenge. Because it’ll become a borderless decentralised bank, which regulatory authorities are attempting to limit, Terra’s price will suffer (LUNA). As a result, we can anticipate a price decrease for Terra LUNA in 2022, which would have been $98.17. With just an average trading price of $100.89, the cost can reach a peak of $115.57.
LUNA Price Prediction 2023-24:
According to the prediction price and advanced analytics, the cost of Terra is expected to hit a low of $142.98 in 2023. With an average daily trading price of $148.02, the LUNA cost can reach a peak of $169.93. In 2024, the price of one Terra is destined to drop to a minimum of $205.62. All through 2024, the LUNA cost can reach a high of $252.31 and a low of $213.02.
LUNA Price Prediction 2025:
When predicting Terra’s long-term price, fundamental analysis becomes critical. The native token LUNA has some benefits inside the industry. Its self-sufficiency makes it ideal for the digital world.
To facilitate Dapps as well as stable coin start rising, the LUNA network provides competitive programmable fee, logistic support, as well as storage. This may attract a lot of investors, causing the price to rise to around $356.31 by the close of the next 5 years. If the market crashes, the price could fall by half and reach a low of $298.81
However, if the coin manages to survive with persistent investors by providing stiff competition to its competing companies (Ex: Solana), continual improvements, as well as advancements, the price might very well reach an overall average of $309.46 by the close of the next five years.
|Year||Minimum Price||Average Price||Maximum Price|
Is Luna coin a good investment?
It could be. This year, the LUNA coin has already been acting exactly bullishly, as well as analysts anticipate that this trend would continue. Even so, the token has been volatile, with such peaks being observed and troughs being credited to external factors like the crypto market crash. Recall that because cryptocurrencies are volatile, this volatility is likely to persist. Never spend more resources than you can afford to give up.
Will the Terra (LUNA) cryptocurrency reach $100?
Yes, it is possible for Terra (LUNA) cryptocurrency to reach $100. To get somewhere, this token must grow below 4x, which has also done previously with ease. Some experts confirm this potential for growth, with their Terra (LUNA) price forecasts trying to reach those levels. According to a few experts, 4–5 years is probably a good bet for when the Terra (LUNA) coin would then reach $100. In its LUNA price prediction for 2025, Walletinvestor.com, puts it nearer to this figure.
What is the best exchange to be used to purchase Terra (LUNA)?
Terra (LUNA) can be purchased on the several large exchanges, such as Binance, Huobi, and Bitfinex — these options are particularly appealing if you really want to purchase LUNA with fiat currency. Always conduct your own research and just never put the money too much than you could ever stand to lose.
Luna Price Forecast: Bullish or Bearish?
As the preceding analysis shows, LUNA price predictions are somewhat contrary. Will LUNA coin price go up? There is no universal agreement on whether future LUNA price changes will be positive or negatively. Undoubtedly, future potential growth is dependent on a variety of factors, including news releases, modern technological solutions developed by the LUNA projects, the cryptocurrency environment in general, legal status, and so on. We would like to warn you that it is critical to conduct your own research before deciding to invest in any cryptocurrency.
Luna has crashed to almost zero USD. Read more about it here