Terra ($LUNA) has been in the news lately for positive things as it breaks record highs with a market cap of over $41 billion. Nonetheless, the periodic dips in the crypto market calls for speculation as crypto enthusiasts differ on the coin’s future.
This Terra (LUNA) price prediction article analyzes the token’s price trend to determine its direction over the next few years.
What Is Terra (LUNA)?
Terra is a blockchain project built using Cosmos software development kit (SDK). It leverages the stability of fiat currencies and the decentralization of cryptocurrencies to offer fast decentralized financial (DeFi) services.
Terraform Labs — founded by Do Kwon and Daniel Shin — created the Terra ecosystem in 2018 with two major cryptocurrencies, Terra ($LUNA) and TerraUSD ($UST).
While $LUNA is volatile, $UST is pegged against the US dollar. However, using fiat as reserves, each $UST is convertible into $LUNA, increasing the demand for $UST while reducing the supply.
Essentially, $LUNA reduces the volatility of its stablecoin counterpart’s stability. Holders can also use $LUNA to pay network fees, vote in governance activities, and earn returns through staking protocols.
What Is LUNA Future Price
As of press time, the price of $LUNA is $117.81, rising by 604% over the past 365 days. While it’s impossible to tell exactly how high it can go, such growth calls for a favorable Terra ($LUNA) price prediction and a potential high return on investment (ROI) for early buyers. Here are our $LUNA price forecasts for the next few years.
Terra (LUNA) Price Prediction 2022
$LUNA fell sharply from its former all-time high of 2021, $103.68, to $43.77 on February 7, 2022. Since then, the coin has maintained positive momentum, rising to an impressive height of $117.84.
We expect the coin to rally further, but we are not oblivious of potential market disruptions, especially regarding the volatility of bitcoin.
Any negative news may see the $LUNA price drop to the $100 region and probably further to $77. However, if the market remains bullish, our maximum Terra ($LUNA) price prediction for 2022 would be $167, seeing that the coin grew by $15.5% over the past three months.
Terra (LUNA) Price Prediction 2025
It’s impossible to give an accurate Terra ($LUNA) price prediction for 2025. Still, the growth and resilience of the coin thus far suggest it may survive the market hurdles and remain relevant even beyond 2025.
We anticipate many market corrections between 2022 and 2025 that will significantly impact the price of $LUNA. Should that happen, our Terra ($LUNA) price prediction for 2025 would range between $167 and $350.
Terra (LUNA) Price Prediction 2030
Using the current growth rate and previous price history data, our Terra ($LUNA) price prediction for 2030 ranges from $2,400 – $3,000. Of course, the prediction depends on the prevailing market conditions.
Terra (LUNA) Price Prediction on Reddit
There is no clear-cut harmonious Terra ($LUNA) price prediction on Reddit as users are speculative about the project’s future. However, most users maintain a positive disposition towards the coin’s future.
Is LUNA a Good Investment
$LUNA is a good investment for several reasons. First, it grew by 57,535% over the past two years from $0.20. The unprecedented rise in the token price took it to the ranks of the 8th biggest crypto project by market cap.
Having a stablecoin, $UST, created and managed by the same team, $LUNA has a massive use case that makes it a high-demand token. As such, it’s expected that $LUNA will maintain considerable market dominance and give high returns to its investors.
However, cryptocurrency is generally a risky investment that can lead to partial or complete loss of funds. So before investing in TERRA ($LUNA), endeavor to do your own research.
LUNA Exchange: How and Where?
A $LUNA exchange is relevant for buying and selling the token. While several crypto exchanges support $LUNA, Swapzone is one of the best $LUNA exchanges, allowing you to buy and sell the token at great rates.
Essentially, Swapzone is a DEX aggregator that helps users find the best crypto deals, and it’s pretty easy to use. You can follow these steps on how to buy LUNA coins on the platform.
Step 1: Visit Swapzone.io on Your Browser
Swapzone works on any browser, both on mobile and desktop.
Step 2: Select a Trading Pair and Amount
On the left-hand side of the screen, select a trading pair. Select the token you want to exchange for $LUNA on the first row. It can be $USDT, $BTC, $BUSD, or any other crypto that Swapzone supports. On the second row, select $LUNA. Then enter the amount of your desired token you’re willing to exchange for $LUNA.
Step 3: Apply Filters
Swapzone allows you to choose among three types of rates—floating rate, fixed-rate, and floating rate with excluded tx fees. Floating rate changes by the second, and what you see on the dashboard may be far from what you’d eventually get after the transaction.
Fixed rates, on the other hand, have lower volatility. The last option relieves you of transaction fees. However, you may have to bear minor losses with swinging prices. You can select one of these options or even all.
On the All Partners column, tick one or more exchanges you want to Swapzone to curate their prices.
Step 4: Select an Offer
At the center of the screen, choose the best offer among the listed exchanges on the center of the screen. Each option has its peculiar exchange rate, offering you a “what you see is what you get” service. The transaction fees are already factored into the rate, so you don’t have to bother about any hidden fees.
Step 5: Specify the Wallet Address
Input the right address to receive your $LUNA token upon a successful transaction. You can also fill in the other fields. However, only the first field is required, while others are optional. Click on Proceed to Exchange afterward.
Step 6: Transfer the Crypto
Transfer the amount of token you want to exchange, and you’ll receive the $LUNA equivalent in your imputed wallet address.
Terra is doing the numbers and does not seem to be stopping soon. The token remains one of the best performing crypto projects in 2022 and seems like a good investment. Nonetheless, you’ve got to do your own research to determine if it’s a good buy.