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>
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 <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

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