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Terra (LUNA) made headlines globally on May 9th, 2022, after its stable coin, UST, lost its peg for the second time in 2-days. The panic that followed led to a collapse of the Terra ecosystem on May 10th. Within 48 hours, Terra had lost 99% of its value. Now that things have cooled down, it is only natural to wonder, is LUNA a good cryptocurrency investment, and how high can it go?
To answer these questions, first look at Terra's current price statistics to understand where it stands in crypto rankings.
Based on our long-term Terra price prediction, Terra is likely to reach $1 by the end of 2022, $3 by 2023, and possibly $5 by 2025. Terra is also expected to reach at least $10 by 2030.
The big question now is, are these Terra (LUNA) price predictions realistic? Is Terra a good buy?
To help you have a clearer idea of where LUNA could go into the future, we have compiled top Terra predictions for 2022, 2025, and 2030.
Despite all the issues that Terra (LUNA) has been facing recently, there is a lot of optimism that LUNA has what it takes to perform well going into the future. Based on our LUNA price predictions, we expect it to hit the following prices within the year.
Virtual currencies are highly volatile. Your capital is at risk.
Terra is a blockchain whose primary role is to support a network of algorithmic stable coins. The most famous of them is the now collapsed TerraUSD (UST).
Besides acting as a stabilizing mechanism for stable coins, LUNA is also a governance token in the Terra network. LUNA holders can vote on the direction they want the Terra protocol to take going into the future. Currently, LUNA has a total supply of 6.532 billion.
Before its recent collapse, Terra was one of the biggest Ethereum competitors in the market. Other blockchains angling to beat Terra in the race to become the number one platform blockchain are as below:
Like all cryptocurrencies, LUNA is highly volatile. It is common for cryptocurrencies to drop to record lows before shooting back up and making new highs. For instance, LUNA was trading at pennies in 2020, but by late 2021, it had made highs of over $100.
The recent crisis has then seen its reverse course, and in under 3-days, LUNA has dropped to lows of $0.00001. However, after the dust settled, LUNA made a comeback of 900%. It's a volatile period, but this price action is an indicator that LUNA could bounce back.
Virtual currencies are highly volatile. Your capital is at risk.
Overall, analysts seem to agree that LUNA has what it takes to make a comeback despite the recent price drop.
Most analysts using technical analysis believe that LUNA could bounce back to $1 in 2022. Long-term LUNA price predictions also point to the potential to reach $10 per LUNA token by 2030.
According to Coin Price Forecast, LUNA is expected to close 2022 at $0.00051078 or an increase of 176% from its current price. By 2030, they expect LUNA to be trading at $0.00135777, representing a potential increase of 632% from its current price.
WalletInvestor has one of the most bullish LUNA price forecasts at the moment. WalletInvestor expects LUNA to trade at $72 by the end of 2022 and $360 by 2027.
Trading Beasts Terra's price prediction for 2022 is $0.0014228. By 2026, Trading Beasts expects LUNA to be trading at $0.0014252, or an increase of 503.23% from its current price.
Coinskid has a more tempered outlook for LUNA. They expect LUNA to trade at a maximum price of $0.003 or an increase of 8% from its current price by the end of the year. Long term, Coinskid expects LUNA to be trading at a maximum price of $0.0006 in the next 5-years.
ICOcreed is bearish on LUNA short-term but expects the price to make a rebound by 2030.
Here is what the analysts at ICOcreed have to say about LUNA's price potential in 2022.
According to our forecast, in 2022, the price of Terra is expected to reach a minimum price level of $0.00. The LUNA price can reach a maximum value of $0.00 with the average trading price of $0.00.
For 2030, the analysts at ICOcreed have this to say on their LUNA price prediction.
The price of Terra is expected to reach a minimum value of $0.005 in 2030. The Terra price could reach a maximum value of $0.006 with the average trading price of $0.005 throughout 2030.
Gov Capital has one of the most bullish LUNA price predictions post the May 10th, 2022 crash. According to analysts at Gov Capital, LUNA could hit $103.50 in 2022, and $943.63 in the next 5-years.
The LUNA price prediction for December 2022 is $0.000224, including the $0.000239, and the Maximum price will be $0.000250.
Long term, Digital Coin Price does not expect much of a change from its current price. To quote their analysts,
In December 2030, Terra's price is predicted to reach a minimum worth of $0.000799 in 2030 and a maximum level of $0.000884. The average includes the average trading price of $0.000859 throughout 2030.
Coinpedia is one of the analysts with a strongly bullish LUNA price prediction for 2022 and 2030. Coinpedia expects LUNA to hit a high of $142.7 in 2022. In the next 5-years and beyond, Coinpedia expects LUNA to trade at over $498.26.
Virtual currencies are highly volatile. Your capital is at risk.
After the recent debacle that saw Terra's stable coin collapse and the price of LUNA drop by 99%, LUNA's short-term price prediction is blink. Nonetheless, investors are showing resilience, and the price has rebounded by close to 1000% from its most recent lows. For this reason, our LUNA price prediction for 2022 is $1. We expect LUNA to rise to $10 by 2030 if investor confidence in the Terra blockchain returns to its pre-crash levels.
To come up with this LUNA price prediction, we are not just using LUNA's past price action. We are also looking at the key factors likely to influence LUNA going into the future, especially after the recent price collapse that wiped 99% off the value of LUNA tokens.
With LUNA now at prices that no one would have imagined it could drop to ever again, it is only natural to wonder, should I invest in LUNA today? To help you make an informed choice, here are some of the factors that could influence the value of LUNA going into the future.
The first thing to consider is how the LUNA Foundation Guard will react to the total collapse of the Terra ecosystem. After UST lost its peg, the LFG went into a LUNA minting spree, pushing the supply into billions of tokens. Now that the dust has settled, the first thing to consider is whether they will choose to burn all the extra tokens that entered circulation in under 24-hours. LUNA could quickly bounce back to its pre-crash levels if they take this route.
The LUNA Foundation Guard's other option is to fork the chain and come up with an entirely new network. This, too, is an option that could push up the price of LUNA, especially if they reset it with a low token supply. Again, this factor could easily see LUNA jump back to its pre-crash levels.
LUNA also has to contend with the issue of investor trust in the network. While Terra is a layer-1 blockchain used for a lot more than just issuing stable coins, algorithmic stable coins have been its biggest value driver. As such, whether UST regains its peg or not will have a bearing on the long-term value of LUNA. If UST never recovers, the thing to watch will be investor and developer confidence in Terra as a blockchain of choice for Decentralized Applications. If faith in the network returns, then all bullish LUNA price predictions have a valid basis.
Then there is also the aspect of Bitcoin and its sway on the entire market. Bitcoin is the number one price mover for cryptocurrencies, and when it goes up, all other cryptocurrencies go up with it. Due to its low supply and growing adoption, Bitcoin will likely keep going up long term. By extension, it is expected to keep uplifting the price of LUNA going into the future.
When considering all the above factors, LUNA has good prospects as a good cryptocurrency investment both short term (2022) and long term (2030 and beyond).
With these fundamentals in mind, below are our Terra (LUNA) price predictions from 2022 to 2030.
Virtual currencies are highly volatile. Your capital is at risk.
Stabilization of the network and a clear roadmap for rebuilding will push LUNA higher by the end of 2022.
Post-crash, investor confidence seems to be returning, and LUNA price prediction could rise by over 900%. Once there is more clarity on the future, LUNA prediction could test the $1 mark in 2022.
By 2023, there should be a clear direction for the future of LUNA. If UST regains its peg and there is a massive token burn of LUNA tokens, the Terra price prediction could quickly push to $3 or more. However, even if UST fails, and confidence in Terra as a layer-1 network grows, it could still reflect in the price, and $2 to $3 could be within reach for LUNA.
By 2024, Terra's current issues should be behind it. If LUNA starts 2024 at $3, and its Dapps ecosystem continues to grow, then $5 or more would be within reach within the year.
However, it's not just Terra's internal fundamentals that are likely to impact the price of LUNA in 2024 positively. The next Bitcoin halving is scheduled for 2024. This event has in the past driven up the price of Bitcoin and the entire market. For instance, the 2020/21 cryptocurrency bull run started after the Bitcoin halving in April 2020.
Therefore, if you are still stuck with the question, "should I invest in Terra (LUNA) today?" all indications so far are in the affirmative for 2022 to 2024. The odds favor LUNA trading between $1 and $5 in the next 3-years.
If you don't care much for short-term price fluctuations and have a long-term view of LUNA, below are in-depth Terra price predictions for 2025 to 2030.
By 2025, LUNA will be fully in tune with the broader market. At this point, regulations will have the biggest bearing on the price of cryptocurrencies. If cryptocurrency regulations are favorable, it could be a massive boost to LUNA.
It is also noteworthy that after a Bitcoin halving, the bull run that follows tends to peak out in the next year. In essence, after the Bitcoin halving in 2024, the next bull run could run into 2025. If LUNA price prediction starts 2025 at $5, it could end the year at $7 or more.
Virtual currencies are highly volatile. Your capital is at risk.
Terra is one of the most scalable and low-fee L1 blockchains today. By 2026, the Terra ecosystem should be quite well developed. As such, there could be an increase in the number of bridges between Terra and other blockchains, further driving up the adoption of LUNA.
However, after a blow-off bull run in 2025, the entire cryptocurrency market will likely experience a correction in 2026. However, due to more mainstream adoption, the volatility at this point is much lower than it was years earlier.
LUNA price prediction is likely to start 2026 at $7 and possibly end the year at $4.5 to $5.
At this point, Terra is already an established blockchain. Dapps with global reach are already running on top of the Terra blockchain. The bear run of 2026 is also coming to an end, and LUNA is finding a bottom around $4.5. Investors start taking advantage of LUNA's low prices, pushing the price higher. However, the momentum is not that strong, and LUNA will likely end the year 2027 at around $6.
LUNA's price continues to rise, driven by investors adopting the Terra blockchain for DeFi and other use cases. With the Bitcoin halving in 2028, pushing cryptocurrency prices higher, LUNA could see an increase in buying momentum throughout the year. This is the year when LUNA could push through its 2025 highs of $7.
With the market still hot following the Bitcoin halving of 2028, LUNA could easily see its price rally to $10. Combining broader market adoption and Terra adoption makes such price action possible.
By 2030, blockchain technology has gone mainstream and is entrenched in all spheres of life. Terra is one of the best-known platform blockchains for applications that cut across industries and support an ecosystem that runs into billions of dollars.
Based on these metrics, LUNA price prediction could trade between $10 and $12 in 2030.
Virtual currencies are highly volatile. Your capital is at risk.
Clearly, even with all the issues that the Terra blockchain is facing, it has a bright future ahead of it. LUNA's biggest threat today is the potential lack of confidence in the network after the recent network collapse.
There is also no telling how regulators may react to algorithmic stable coins after the recent failure of UST made headlines globally. It is important to only invest in LUNA what you can afford to lose.
To make things more straightforward for you on whether to buy LUNA today, here is a tabular breakdown of the possible highs and lows that Terra LUNA could achieve between 2022 and 2030, as predicted by industry analysts.
Virtual currencies are highly volatile. Your capital is at risk.
Terra's core use case is as a platform for launching algorithmic stable coins. The idea behind these stable coins is to decentralize fiat currencies while still maintaining their price predictability for everyday transactions. Terra is also used for the launch of any form of Dapps.
Some of the advantages that come with the Terra blockchain are as below:
Before LUNA went to zero and UST collapsed, not many people knew of the people behind Terra. Since that event, Do Kwon, the CEO of Terraform Labs, has shot into the limelight. Besides Do Kwon, the other figure behind LUNA is Daniel Shin.
While Terraform Labs has the most control over the Terra network, the growing adoption of LUNA has pushed it more towards a path of decentralization. For instance, most of the action that has been taken after the LUNA crash is community-driven mainly, though Terraform still has the most say.
Terraform runs on a Tendermint Proof-of-Stake algorithm. It is designed to have short block times, allowing it to scale easily. These metrics have made Terra one of the most sought-after blockchains for DeFi and other applications.
It is these core metrics that have seen the number of bridges between Terra and other blockchains such as Ethereum (ETH), Binance Coin (BNB), Cosmos (ATOM), and Harmony (ONE) grow, further driving up adoption.
Terra also allows the staking of LUNA tokens as a way for investors to take part in keeping the network safe. Those who don't want to stake can delegate this role and still earn a passive income off their LUNA tokens.
Despite the issues that LUNA faces, it is still one of the most adopted blockchains in the market today. It currently has more than 600k active wallets, and the numbers are rising.
Once the dust settles and people have clarity on the future of LUNA, adoption will grow.
Virtual currencies are highly volatile. Your capital is at risk.
Despite the short-term risks, there are many reasons to be excited about the future of LUNA. Terra is a DeFi heavy network, and DeFi is gaining in adoption across the world. As such, highly scalable launch platforms like Terra will see an increase in adoption going into the future.
If you were unsure whether to invest in LUNA following the events of May 2022, we hope this article has been helpful. Remember, there are no guarantees in the financial markets, especially in cryptocurrencies. You should always aim to invest what you can afford to lose.
Risks aside, LUNA is a cryptocurrency that has the potential to give investors thousands of percentages in gains by 2030. Based on our LUNA price predictions, the prospects are better long term. That's because clarity on the direction LUNA could take will only come as the years go by. Besides, adoption and broader market momentum will help push LUNA higher with time.
Virtual currencies are highly volatile. Your capital is at risk.
Terra (LUNA) 's price in 2022 will depend a lot on what the network does to get out of the mess that followed the UST de-peg. So far, the team has made progress, and the price of LUNA has rebounded by 900% from its most recent lows. As confidence in the network grows, LUNA could test $1 based on our latest LUNA price prediction.
2025 will be a year after the Bitcoin halving of 2024. This means the broader market could be bullish, and LUNA could also benefit. Based on our LUNA price prediction, LUNA could trade at $5 in 2025.
Based on our Terra price prediction, we expect LUNA to trade at $10 by 2030.
Does LUNA have this much potential? Can Terra (LUNA) hit $10 by 2030?
Virtual currencies are highly volatile. Your capital is at risk.
Before the crash of May 10th, 2022, LUNA was one of the best cryptocurrencies since 2020. However, even after the 99.99% crash, LUNA has made a bounce back and is up by 900% from its crash-day lows. It shows that LUNA is still one of the best cryptocurrency investments in the market today.
After the crash, the Terraform team is working hard to stabilize the network. As such, it is safe to say that Terra is one of the top undervalued cryptocurrencies of 2022. Besides, going by our LUNA price prediction of $10 by 2030, LUNA is massively undervalued at current prices.
It is not too late to buy LUNA. In fact, after the recent crash, we believe this is a perfect time to buy LUNA in anticipation of network growth in the coming years.
Virtual currencies are highly volatile. Your capital is at risk.
If LUNA's recent events are anything to go by, then YES, LUNA is a high-risk investment. However, with high risk comes the potential for high returns.
If Terra (LUNA) wins back investor confidence, then it will be one of the best cryptocurrencies to buy now for exponential gains. It has the potential to rally by thousands of percentages going into the future.
With LUNA now trading at around $0.0001, you don't have to spend a lot of money. Even an investment as low as $10 can give you many LUNA tokens and the potential for high gains.
Buying LUNA is a pretty straightforward process. You just need to create an account with a reputable cryptocurrency exchange. Once you buy, you can increase your earnings potential by staking LUNA.
Virtual currencies are highly volatile. Your capital is at risk.
There are multiple exchanges where you can buy LUNA. Find a suitable exchange for your need that offers low fees, and doesn't require significant investment capital to get started.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
