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Luna Price in USD
Terra Luna Price Prediction for 2022, 2023,2025
Read about Luna Classic Price Prediction here
Read about Wrapped luna Price Prediction $Wluna here
Table of Contents
Luna underwent one of the most brutal crashes in the history of cryptocurrency. Due to the crash of Luna, the entire crypto market experienced a blood bath. The Terra Luna coin lost 100% of its value and was rebranded as Luna Classic and the new coin Luna 2.0 was launched as a replacement for Luna 1.0.
The Luna 2.0 has the potential as the coin was able to reach an all-time high price of $19.54 on May 28, 2022, but due to unstable market conditions, it crashed and started trading lower.
Now is it all right to Consider Luna a Good Investment?
Luna, one of the cryptos from the house of Terra can only be a good investment if the investors start to invest in it and hold it for a longer period. After the disaster, most of the investors lost confidence in Terra developers. The investors will look for a quick profit from Luna instead of holding the crypto for a longer period.
One of the main problems for Luna is that the ecosystem of Luna has not expanded. If we look at the ecosystem of other cryptocurrencies, there is a continuous effort to expand the ecosystem. Even Shiba Inu which was launched as a meme coin has ventured into multiple developments to increase the trust of the investors. However, for Luna, there has been no development in its ecosystem. Luna was solely dependent on its stable currency and it did help Luna’s Price to surge but with the USTC, Luna’s stablecoin losing its peg value, the entire ecosystem of Luna collapsed. Luna is also somewhat responsible for the current condition of the crypto market.
Therefore, considering several factors, Luna may not be a good long-term investment but if someone is looking for a short-term gain, Luna can be preferred.
Terra Luna is expected to rise 17% higher to $5.14 during this year. This is likely on the basis of broader macroeconomic recovery.
Overall recommendation: There are many options in the market today with less uncertainty. It does not make sense to have $LUNA beyond say 5% of your Crypto portfolio.
The price of Luna like all other cryptocurrencies is influenced by multiple factors. Geopolitical events have been one of the major factors influencing the price of cryptocurrencies. Any event from around the world, especially in the countries where cryptos are widely accepted has led crypto to either crash or surge. Currently, the Russia-Ukraine war is a major influencer and due to the war, the market has been trading lower for over 6 months now.
Other factors that play an important role in determining the price of cryptos are:
Crypto News
Crypto news from around the world has affected the price of Luna widely. Any good news about cryptos like its adoption, or increased interest of the investors has led to a surge in the price of Luna. At the same time any news regarding the ban of crypto in any country, and regulation against cryptocurrencies have led to a price crash. Added to it, Luna’s price is also affected by the action of its developers. Any negative move from its developers has increased the fear of crashes.
Non-crypto News
Non-crypto news has also played a very important role in the price movement of the price of cryptocurrencies. In early this year, Russia attacked Ukraine, this event turned out to be a Waterloo for Cryptocurrencies. The market started to crash since then and there has been almost no recovery. Along with it recently US Fed hiked the interest rate, and this hike in interest rate led to the crash of the crypto market.
Read Ethereum Price Prediction here
#LUNA #Lunausdt $luna pic.twitter.com/atuhRhT0f6
In March 2022, Luna now Luna Classic was the best-performing cryptocurrency. When all the major cryptos were trading lower, Luna was one crypto that was surging. In the first week of March Luna after losing big in the first two months surged over 80% and the price of Luna reached over $90. The price surge continued and Luna was at over $100 by the end of March 2022.
LUNA has managed to displace all the other cryptocurrencies which were its competitor. In the month of April, the price of Luna fell below $100 but it was still one of the best-performing cryptocurrencies for the year. Starting at over $100 the price of Luna was slightly below $80 when the month ended.
May 2022 was the month when things changed for Luna and the overall crypto market. It started with Luna’s stablecoin UST losing its peg and the event that followed was something that none could have predicted. Luna on May 1st was over $80 and on May 12th, 2022, the price of Luna fell below $0.01. Most of the exchanges suspended the trading of Luna and there was a bloodbath in the crypto market with investors losing millions of dollars.
The developers of Luna then decided to convert the old Luna to Luna classic and new crypto was launched under the name of Luna 2.0 or simply Luna.
On May 28th Luna 2.0 went live. The opening price was close to $19 and by the end of the day, the price was below $5. Terra Luna managed to close the month close to $9.
It is now 3 months since Luna 2.0 has been launched. Here is the performance of Luna 2.0 or Luna in the last 3 months:
June 2022: The parent company Terra has almost lost the trust of the investors. Terra Luna since its launch has not been able to gain much. At the start of the month of June, Terra Luna’s price was close to $9. But by the 10th of the month, the price was close to $3. Luna’s price further sank and by the end of June, it was on the verge of crashing below $2.
July 2022: July has also been similar for Terra Luna. By the mid of July, Luna was already below $2, and ut seem as if Luna 2.0 was going to meet the fate of Luna 1.0. However, Luna managed to keep itself at over $1.5 and ended the month at over $1.80.
August 2022: August has been slightly better for Luna initially. The price of Luna was once again over $2 but in the last few days, Luna has once again crashed and the price is once again below $2. However, Luna has managed to keep itself at over $1.5.
Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.
Read: TRX Price Prediction

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