Terra Classic (LUNC) prediction: Google Bard predicts LUNC price by the end of January 31st!

LUNC news: After a turbulent start to the day, the cryptocurrency market experienced an unprecedented downward trend on the verge of full recovery. In this environment where investors’ confidence has been shaken, Terra Classic has experienced above-average losses of between 17% and 18% in the last day.

However, Terra Classic, which had a hard time, began to lose investor interest. After an impressive rise at the end of November and the beginning of December, the progress of the LUNC price stopped and, on the contrary, began to fall.

LUNC burning and price prediction

Sharing updates on the Terra Classic ecosystem on the X platform, the LunaClassic HQ user stated that 100 million LUNC tokens were burned on January 1, 2024. With this burn, there has been a remarkable increase in LUNC trading volume on the cryptocurrency exchange. Thanks to its high burn rate, the circulating supply of LUNC has dropped to 5.85 trillion at the time of writing.


Although this created an optimistic mood for the token’s price, the impact of the news did not last long, with the LUNC price dropping by 16% in the last 24 hours. Within a week, the decline reached 23 percent. At the time of writing, Terra Classic (LUNC) was trading at $0.0001179.

1-day LUNC price chart / Source: CoinMarketCapAlso, Terra Classic’s Relative Strength Index (RSI) was below the neutral level, increasing the chances of a price decline.

Google Bard’s LUNC predictions

Google’s AI tool, Bard, started by acknowledging that predicting the price of LUNC is a challenging task due to certain factors. He explained that the main reason for this is the speculation that ETF approvals in the market have been rejected and drew attention to the impact of these news on the recent decline in the LUNC price. Bard;

“Rumors of rejected Bitcoin ETFs could further dampen market sentiment and negatively impact LUNC.”

Bard expressed optimism for LUNC’s future price action, emphasizing that despite the challenges, Terra Classic has upside potential. He pointed to April as a key factor that could significantly increase the price. The upcoming Bitcoin halving event in April could start a rally in the crypto market. Furthermore, Bard pointed to the positive surge in late last year, stating that there is still hope for the Terra Classic token despite the recent setbacks.

Potential price scenarios of Bard

Regarding the potential price of Terra Classic by January 31, Google’s AI-driven robot Bard talked about two different scenarios. The first of these, as we mentioned above, is the decision on ETF approval, while the second is the Bitcoin halving, which will affect the entire market.


According to the first scenario, the bearish trend in the LUNC price will continue as it is now, and the rejection of the Bitcoin ETF will reduce sentiment. If that were to happen, Bard believes that the price of the cryptocurrency would be negatively impacted and could fall even more than it currently has.

He also predicted that the cryptocurrency’s potential price range could be between $0.00008 and $0.00012 by Jan. 31. Dropping below $0.0001 after all the efforts it took to erase that zero would be a serious blow to the LUNC community.

In the latter case, Bard believes that the LUNC could experience a price increase if the market recovers and the excitement generated by the upcoming Bitcoin halving event triggers a surge. It could potentially reach $0.00015 or even $0.0002 by January 31. In addition, Bard stated that these will not only affect the price of Terra Classic, but that the crypto will interact with various factors by the end of January.

Conclusion:

However, there are also additional features as Bard lists the volatility of the crypto market and geopolitical and economic factors as contributing factors to the future price of LUNC. The AI tool also advised investors to conduct thorough research before investing.

Despite the uncertainties, Bard recently chose Terra Classic over LUNA as the better investment option for 2024, showing that crypto is still preferable. And there’s still not enough time for the digital world to recover.

Along with Terra price predictions, interest in meme coins and presale tokens is also growing. Meme Kombat, one of the popular pre-sales, continues to grow rapidly with its upcoming final price increase and a total accumulation of nearly 6 million.

The ultimate time for the Meme Kombat price increase is approaching!

One of the token projects with high growth potential is Meme Kombat. The Meme Kombat project, which reached very high figures with pre-sales, collected $ 5.954 million in a short time. MK offers its investors the opportunity to earn both by betting in a fun way and by staking alternatives. The MK token also has the ability to earn 112 AYP by staking.

8 hours until price stage 10🎉

But, we also reached $5.9 million raised in the $MK presale so it’s celebrations all round right now!

Which will we see first? 6 million or stage 10? pic.twitter.com/7MlWKA7KfP

— Meme Kombat (@Meme_Kombat) January 4, 2024

According to the current shares of Meme Kombat, which announced that it will move to the 10th stage during the day for the final price increase, it has allocated approximately 50 percent of its total supply to pre-sales. The remaining 30% is distributed to staking and battle rewards. Meme Kombat price will be $0.279 in the next price increase. Meme Kombat continues to grow and can be purchased with ETH and USDT.

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