Will Luna Coin Go Up Again? Here's the prediction!

is moon coin going up again? A question that is now being asked by many investors and coin traders. The Terra token price (LUNA) at the time this article was written was IDR 37,500.

TerraUSD (UST), Terra's algorithmic stablecoin, lost its peg against the US Dollar. This happened against the backdrop of a huge downturn in the crypto market, which left the price of Bitcoin under IDR 300 million.

April Terra fell 99 percent, will luna coin go up again? Terra's founders are working hard to bring the price back back.

About Terra LUNA

The first part of Terra's plan is the release of large terra usd (UST-USD) to give it up to $ 1. They plan to burn over 371 million UST on the Ethereum mainnet and the remaining UST in the Terra community pool.

The second part includes 240 million LUNA registrations to stop whale control and support network governance.

Additionally, the developer discontinued the Terra blockchain and suspended all pending transactions. This is to prevent people from buying LUNA at a lower price.

Given the difficulty of making accurate predictions about cryptocurrencies, you shouldn't make decisions that affect your money until you do proper market research. Don't invest more than you are willing to give up. LUNA has 1 billion products.

If this number is exceeded, the LUNA indicator will light up until it returns to normal. After that, a new LUNA token is generated by the protocol algorithm and the amount needed to support the Terra stablecoin price.

Will Luna's Coin Go Up Again?

Many investors are becoming pessimistic about Terra's prospects. Based on the stupid, it's best to avoid the project at least in the token price.

Part of the digital parts and pricing policy for Luna, planning price plans at the end of the year 1 and cents. However, other experts have a different opinion. Cube Investments believes LUNA can recover. If the stablecoin returns to $1 again, LUNA will start rising.

Longtime investors haven't changed their forecasts for LUNA since the coin fell. They estimate that 1 LUNA will sell for $151 in May 2023.

Lastly, Gov Capital estimates that LUNA will cost $108 per year from now. Wallet Investor believes that Terra (LUNA) weakened again this week and will reach a new high before the end of the year.

This AI (artificial intelligence) based cryptocurrency price prediction predicts that the price of LUNA for one year can reach US$150,946.

Of course, the Terra (LUNA) 2022 price forecast above is not a guarantee. You need to determine the maturity of the plan by conducting research using proper technical analysis in the first place.

Also read: Terra LUNA Price Prediction for October 2022

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