Will Terra Classic Reach $1 – Unlikely, But This AI Crypto Could Be The Moonshot In 2023
Terra Luna Classic is the ill-fated offspring of the catastrophic Terra Luna collapse and subsequent fork. Many investors are wondering if this coin has the potential to reach $1 and if it is a good investment or not. In this article, we’ll take a closer look at Terra Luna Classic, its growth potential, and whether or not it’s a wise investment choice. We will also introduce you to a new AI-based cryptocurrency that could be the moonshot of 2023.
Is the Terra Luna Classic a good investment?
Before diving into Terra Luna Classic’s potential growth, let’s consider whether it’s a good investment choice. Terra Luna Classic is the original coin of Terra Luna resulting from a fork created after the collapse of the LUNA coin and its stablecoin Terra USD (USTT).
What keeps Luna Classic (LUNC) alive is its cult-like following that pushes exchanges like Binance and others to help fuel its now-inflated supply. Until there is significant progress in shrinking supply, experts are still deciding whether LUNC is a good investment.
Will Terra Classic hit $1?
One of the questions that many investors are asking is whether or not Terra Luna Classic has the potential to reach $1 again. At the time of writing, the coin is trading at around $0.0001, which means it will need to increase in value by more than 999900% to reach the $1 mark. Combined with the extremely inflated supply, LUNC has little to no chance of passing this insurmountable hurdle and getting anywhere near the $1 price range.
However, the close-knit community works hard to burn as much supply as possible. With significant support from Binance and other exchanges, a large portion of the supply can be burned over the next few years and higher price levels can be more easily reached.
Avorak AI raises more than $1,800,000 during ICO
While the fate of Terra Luna Classic remains uncertain, there are other cryptocurrencies that investors should be aware of. One project that has been the subject of much discussion among DeFi veterans and investors is Avorak AI. The AI crypt is a new project that uses artificial intelligence and machine learning to make AI-powered tools available on the chain. Avorak AI raised over $1,800,000 during its ongoing Initial Coin Offering (ICO), indicating significant interest in its original token, AVRK.
Avorak AI aims to provide investors with more accurate and profitable investment opportunities, as its sophisticated trading bot will be available exclusively to AVRK holders. The project’s development team also includes experienced professionals from the financial and technology industries, which gives AVRK a solid competence base in blockchain and AI technology.
With multiple CEX listings and smart contract revisions, as well as a doxxed and KYC team, Avorak AI could be the moonshot of 2023. The ICO is currently available in its fifth phase at a price of $0.21 and with a launch price of $1 .00 , it gives a solid 5X to all early investors guaranteed.
Final thoughts
Terra Luna Classic may take years to recover from the damage done by the development team abandoning it and forking a new coin. Therefore, investors should consider other projects such as Avorak AI, which could be the next big thing in the cryptocurrency market.
Learn more here:
Website: https://avorak.ai
Buy AVRK:
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