Based

Terra Classic

DeFi

Terra

<div class="finbold">
 <p class="paragraph">Terra Classic (LUNC) has faced significant turbulence in recent months, currently stuck in a downtrend despite a modest 12% year-on-year <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> increase.&nbsp;</p>
 <p class="paragraph">Worryingly, LUNC underperforms 81% of the top 100 cryptocurrencies and trades below the digital asset’s 200-day moving average.</p>
 <p class="paragraph">Regulatory hurdles and legal battles surrounding Do Kwon cloud LUNC’s short-term outlook.&nbsp;</p>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picks for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Economist says Bitcoin pump is to 'sucker ETF investors' to buy before dump <span class="self-center text-xs text-slate-500">35 mins ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Bybit offers zero-fee deposits and trading with EUR Zero Fees Fiesta <span class="self-center text-xs text-slate-500">42 mins ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    You’d never guess which precious metal this bank is most bullish on <span class="self-center text-xs text-slate-500">1 hour ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    US Treasury urges congressional action against crypto-linked illicit finance <span class="self-center text-xs text-slate-500">1 hour ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <p class="paragraph">However, Binance‘s massive token burn, eliminating 4.17 billion LUNC tokens, highlights efforts to reduce supply and potentially boost <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a>s.&nbsp;</p>
 <p class="paragraph">Terra Classic’s future hinges on overcoming regulatory challenges and achieving wider adoption within the Terra ecosystem. While the near-term is uncertain, LUNC’s long-term potential remains intriguing, especially if the DeFi space thrives.</p>
 <h2 class="wp-block-heading" id="h-forecasting-lunc-s-potential-trajectory">Forecasting LUNC’s potential trajectory</h2>
 <p class="paragraph">Based on AI-powered machine <a rel="noopener noreferrer nofollow" title="learning" href="https://thebittimes.com/tag/learning.html">learning</a> algorithms, Terra Classic is expected to experience a moderate increase by the end of April.&nbsp;</p>
 <p class="paragraph">The prediction model forecasts LUNC to reach $0.000154, up from its current <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> of $0.000135. This suggests a cautiously optimistic outlook Terra classic <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> in the coming weeks.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="385" src="https://cdn.thebittimes.com/images/2024/04/09/9cf4deac312b23ff6c9978942fe864f2.webp" alt class="wp-image-167612" srcset="https://cdn.thebittimes.com/images/2024/04/09/9cf4deac312b23ff6c9978942fe864f2.webp 1024w, https://cdn.thebittimes.com/images/2024/04/09/9cf4deac312b23ff6c9978942fe864f2.webp 300w, https://cdn.thebittimes.com/images/2024/04/09/9cf4deac312b23ff6c9978942fe864f2.webp 768w, https://cdn.thebittimes.com/images/2024/04/09/9cf4deac312b23ff6c9978942fe864f2.webp 1536w, https://cdn.thebittimes.com/images/2024/04/09/9cf4deac312b23ff6c9978942fe864f2.webp 1701w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Terra Classic 1-month price prediction. Source: <em>CoinCodex</em>
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-terra-classic-price-analysis">Terra Classic price analysis</h2>
 <p class="paragraph">At the press time, the price of LUNC sits at $0.000135. Over the past day, it has experienced a decline of -2.01%, continuing a downward trend. This daily decrease adds to a larger decline of -3.61% over the past week, indicating sustained negative momentum.&nbsp;</p>
 <p class="paragraph">Looking at the broader picture, Terra Classic has endured a significant decrease of -30.43% over the previous month, reflecting substantial volatility and bearish sentiment in the market.</p>
 <figure class="wp-block-image size-full"><img decoding="async" width="982" height="497" src="https://cdn.thebittimes.com/images/2024/04/09/de090478a6a252053e2d12b9eedf95a7.webp" alt class="wp-image-167613" srcset="https://cdn.thebittimes.com/images/2024/04/09/de090478a6a252053e2d12b9eedf95a7.webp 982w, https://cdn.thebittimes.com/images/2024/04/09/de090478a6a252053e2d12b9eedf95a7.webp 300w, https://cdn.thebittimes.com/images/2024/04/09/de090478a6a252053e2d12b9eedf95a7.webp 768w" sizes="(max-width: 982px) 100vw, 982px">
  <figcaption class="wp-element-caption">
   LUNC 30-days price chart. Source:<em> CoinCodex</em>
  </figcaption>
 </figure>
 <p class="paragraph">The immediate future for LUNC is shrouded in some uncertainty. While AI predictions offer a cautiously optimistic short-term outlook with a potential <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> rise by the end of April, recent events like Do Kwon’s release from jail have caused <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> dips.&nbsp;</p>
 <p class="paragraph">Despite this volatility, some experts remain bullish on LUNC’s long-term prospects, citing the ongoing development within the Terra Classic ecosystem. Only time will tell if LUNC can overcome its current hurdles and navigate this period of flux.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/machine-learning-algorithm-sets-terra-classic-price-for-april-30-2024-tbt84946.html">https://thebittimes.com/machine-learning-algorithm-sets-terra-classic-price-for-april-30-2024-tbt84946.html</a></p>

Machine learning algorithm sets Terra Classic price for April 30, 2024

Inhoudsopgave

TheBitTimes

Andere artikelen gepubliceerd op 9 apr 2024

NFTFN: The Underrated Token Set to Take the Crypto Market by Storm This Year

Donk.Meme Set To Conclude $DONKM Token Presale: Here’s Your Chance To Become An Early Contributor...

Ethereum’s Price Rally and the Pending Decision on Spot ETFs

Best Crypto to Buy Right Now April 9 – dogwifhat, XRP, TRON

DeeStream secures 3,300+ investors, attracts UNI, ATOM fans

Crypto’s Meteoric Rise: Ripple CEO Predicts Market Cap to Double to $5 Trillion by Year-End, Fuel...

Meld je aan voor onze gratis nieuwsbrief voor dagelijkse crypto-updates!