Cryptocurrency

Terra Classic

April

Terra

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 <p class="paragraph">Since the last price prediction set on September 6 for Terra Classic (LUNC) to the end of this month, the machine learning algorithm has updated its projections for a more bearish scenario for this cryptocurrency’s holders.</p> 
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 <p class="paragraph">As Terra Classic network continues to lose value in the crypto market, the new forecast gathered by <strong>Finbold</strong> on September 21 from <em>PricePredictions.com</em> algorithms, sets LUNC’s price at $0.000057 for the first day of October.</p> 
 <p class="paragraph">Notably, this new <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> prediction is 5% lower than what was set three weeks ago for one day earlier ($0.000060), evidencing the negative sentiment surrounding Terra Classic investors, technical <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> (TA) indicators, and other data used by this machine <a rel="noopener noreferrer nofollow" title="learning" href="https://thebittimes.com/tag/learning.html">learning</a> <a rel="noopener noreferrer nofollow" title="algorithm" href="https://thebittimes.com/tag/algorithm.html">algorithm</a>, which are foreseeing a bear market for the next 30 days.</p> 
 <figure class="wp-block-image size-large"> 
  <img decoding="async" loading="lazy" width="1024" height="471" src="https://cdn.thebittimes.com/images/2023/09/21/932e678c38b4a46163a8d08fddfca688.webp" alt="Terra Classic (LUNC) live forecast. Source: Price Prediction" class="wp-image-129424" srcset="https://cdn.thebittimes.com/images/2023/09/21/932e678c38b4a46163a8d08fddfca688.webp 1024w, https://cdn.thebittimes.com/images/2023/09/21/932e678c38b4a46163a8d08fddfca688.webp 300w, https://cdn.thebittimes.com/images/2023/09/21/932e678c38b4a46163a8d08fddfca688.webp 768w, https://cdn.thebittimes.com/images/2023/09/21/932e678c38b4a46163a8d08fddfca688.webp 1536w, https://cdn.thebittimes.com/images/2023/09/21/932e678c38b4a46163a8d08fddfca688.webp 2048w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  <figcaption class="wp-element-caption">
    Terra Classic (LUNC) live forecast. Source: <em>PricePrediction.com</em> 
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 <p class="paragraph">However, things can change quickly according to future developments (or the lack of them), as they already have changed in the past for what was one of the most popular DeFi projects in the cryptocurrency market.</p> 
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       <h3 class="font-bold leading-6 " id="machine-learning-algorithm-sets-terra-classic-price-for-september-30-2023"> Machine learning algorithm sets Terra Classic price for September 30, 2023 </h3> 
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 <p class="paragraph">On April 5, 2022, Terra Classic (former Terra LUNA) had a market capitalization of $41 billion. Considering a circulating supply of around 5.82 trillion tokens, one LUNC would be worth close to $0.0070446 at this all-time high evaluation.</p> 
 <h2 class="wp-block-heading" id="h-lunc-price-analysis">LUNC price analysis</h2> 
 <p class="paragraph">Meanwhile, LUNC is trading at $0.00005708 by press time. With the monthly trend showing a similar conclusion to the current forecast, that suggests Terra Classic is already priced in for October 1.</p> 
 <figure class="wp-block-image size-large"> 
  <img decoding="async" loading="lazy" width="1024" height="683" src="https://cdn.thebittimes.com/images/2023/09/21/1b1d95dcbcf13e548354abe1d6ead5ed.webp" alt="LUNC 1-month price chart." class="wp-image-129425" srcset="https://cdn.thebittimes.com/images/2023/09/21/1b1d95dcbcf13e548354abe1d6ead5ed.webp 1024w, https://cdn.thebittimes.com/images/2023/09/21/1b1d95dcbcf13e548354abe1d6ead5ed.webp 300w, https://cdn.thebittimes.com/images/2023/09/21/1b1d95dcbcf13e548354abe1d6ead5ed.webp 768w, https://cdn.thebittimes.com/images/2023/09/21/1b1d95dcbcf13e548354abe1d6ead5ed.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  <figcaption class="wp-element-caption">
    LUNC 1-month price chart. Source: <strong>Finbold</strong> 
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 <p class="paragraph">Although the hypothetical surge of over 10,000% in comparison to the all-time high market cap and today’s <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> could sound appealing to Terra Classic’s holders, this dream could still be far away from reach, as LUNC has already dipped over 12% in <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> in the last 30 days from publication time, and shows even bigger accumulated losses in higher timeframes.</p> 
 <p class="paragraph"><strong><em>Disclaimer</em></strong><em>: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p> 
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/machine-learning-algorithm-sets-terra-classic-price-for-october-1-2023-tbt63549.html">https://thebittimes.com/machine-learning-algorithm-sets-terra-classic-price-for-october-1-2023-tbt63549.html</a></p>

Machine learning algorithm sets Terra Classic price for October 1, 2023

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