What is Terra (Luna) price prediction?

Hence, instead of individual cryptocurrencies like Bitcoin, the native token of Terra, called LUNA, is more like a programmable asset that addresses speed, scalability, and accessibility issues. Let’s understand the Terra (LUNA) price prediction for the future. After the original LUNA token was devalued in May 2022, it was renamed LUNC.

What happened to Luna crypto?

There are two stories regarding Luna crypto: the TerraUSD/UST stablecoin and the actual Luna coin. Once Luna and UST crashed, there was a total liquidity crunch in the cryptocurrency space that caused an even more catastrophic loss of value. The crypto community still hasn’t recovered.

What is the Luna price in July 2023?

Based on the price fluctuations of Terra at the beginning of 2023, crypto experts expect the average LUNA rate of $$0.66 in July 2023. Its minimum and maximum prices can be expected at $$0.59 and at $$0.68, respectively. Cryptocurrency experts are ready to announce their forecast for the LUNA price in August 2023.

What is Luna (Luna)?

Being the Terra network’s native token, LUNA is used for staking, network security, and governance voting. The Terra team aims to create a global payment network with low fees and without the barriers imposed by national borders. Many traders and analysts consider this project quite promising and predict that it could show significant price growth.