Terra (LUNA) and LUNA Classic (LUNC) situations are still sticky, and it looks like these coins might get even worse in the next few weeks. The hard fork is not working, and as things are right now, Terra 2.0 (LUNA) has actually dumped 83% of the value from ATH as of this writing. This has not been the case with Bitgert (BRISE) and Centcex (CENX), their toughest rivals.
Terra 2.0 (LUNA) was trading at $1.68 after declining from $9.86, which is definitely a massive decline that will take some time before the coin can recover. On the other hand, LUNA Classic (LUNC) has also been declining over the last few months, with the current data showing a 40% plunge in the past 60 days.
Although LUNA Classic (LUNC) has remained active and still ranks #41 on CMC as of writing, it has been plummeting. This is when Bitgert (BRISE) and Centcex (CENX) have been surging.
Several factors have made LUNA Classic (LUNC) and Terra 2.0 (LUNA) lose so much value over the last few months. Since the crash of the Terra coin in May, the investors' confidence in this Terra project has taken a nose dive. In fact, the number of whales in these crypto projects has reduced significantly.
The issue of Do Kwon, the founder, and the investigations on him have also been creating a negative image for these coins. The coins are still attached to the founder and have been responding to the news he makes.
Without addressing these two major problems, the LUNA Classic (LUNC) and Terra 2.0 (LUNA) will remain sticky, and these coins might not have a future. Therefore, they may not be the best buys in the market.
The projection is that the Bitgert (BRISE) and Centcex (CENX) projects will keep pumping for the next few days. This is according to crypto investors that have highlighted Bitgert and Centcex fast-growing utility as one of the biggest reasons Bitgert will do well in the market this year.
The price predictions for Bitgert (BRISE) and Centcex (CENX) show that these coins will do very well this month and for the remainder of the year. There are also a lot of disruptive developments happening around Bitgert and Centcex projects that make them super attractive to investors. The huge number of products and projects in their ecosystem is a major attraction.
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