Can Terra Luna Classic go to $1?

Terra Luna Classic (LUNC), the original token of the Terra ecosystem that collapsed last year, has taken off like a rocket lately. In the last 30 days, the price has risen by 271 percent. In this video I answer the question of whether LUNC can eventually go to $1.

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LUNC price and news

LUNC has captured complete attention with its impressive rise. I look at the underlying reasons for the big move higher and discuss the current state of the ecosystem.

Many investors are amazed at LUNC’s huge jump. This leaves many people wondering whether the price could recapture the magical $1 milestone. Currently, LUNC is trading at a price of $0.0002316, but before the Terra ecosystem collapse in May 2022, LUNC was worth over $110. In the video I give a clear answer to the question of whether $1 is a realistic price target.

Finally, I dive into the chart and share my analysis and expectations for LUNC’s near-term price.

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