Can Terra (LUNA) Coin Recover and Reach $100? A Delusional Review
2025-05-10
When Terra (LUNA) crashed in 2022, it became one of the most notorious collapses in cryptocurrency history. Once considered a rising star in decentralized finance, the downfall of Terra’s algorithmic stablecoin ecosystem left many investors with heavy losses and little hope.
But now, a surprising new prediction from a well-known trader has sparked conversations again. Could LUNA recover and even climb back to $100, as some suggest? Or is this just a fantasy driven by short-term gains and speculation?
Let us take a closer, realistic look at the current state of the Terra LUNA coin, its latest price trends, and whether a meaningful recovery is truly possible.
Can Terra (LUNA) Coin Recover?
The idea that LUNA coin could recover to $100 might sound appealing, especially to those still holding onto bags of the token from its former peak. But to understand the situation fully, we must separate emotion from reality.
Crypto analyst Altcoin Sherpa recently posted on X that Terra LUNA coin could stage a massive comeback, potentially reaching above $100 in the next few weeks. The claim came with a bold statement: “time to make it all back in 1 trade.” This would require a rise of over 20,000% from its current price levels.
While crypto markets are known for their extreme volatility, a return of this magnitude in such a short time is highly speculative. The collapse of Terra’s original ecosystem, combined with its current market position, makes this prediction questionable.
Terra (LUNA) Price Analysis
To assess the situation properly, we must understand both technical indicators and current investor behavior. Recently, LUNA coin broke through a minor resistance level at $0.5340.
However, it failed to hold this position and dropped back below it, signaling market hesitation. If LUNA does not manage to close above this key level soon, it may fall toward the next support at $0.4510. A further drop could send it as low as $0.3755 in the near term.
On the positive side, technical charts have shown a possible bullish signal. The 9-day exponential moving average (EMA) recently crossed above the 50-day EMA. This type of crossover often suggests growing short-term buying pressure, indicating a possible shift in momentum.
But such signals need confirmation. Without sustained volume and broader investor confidence, LUNA’s price might remain trapped in a volatile sideways movement or even decline further.
Read also: Terra Classic Foundation's 30M LUNC Delegation
Current LUNA Price Action
At the time of writing, Terra (LUNA) coin is priced at approximately $0.23, according to CoinMarketCap.
It has surged more than 23% in the past 24 hours, with its trading volume spiking to over $63 million. These short-term moves have brought renewed interest but should be approached with caution.
The total circulating supply is around 709 million LUNA coins, with no declared maximum supply. Its market cap stands at about $165 million, placing it outside the top 250 cryptocurrencies. These numbers show that LUNA is now a much smaller project compared to its former peak days.
For LUNA coin to recover to even $10, let alone $100, the coin would need billions in new capital and a major shift in narrative and utility. Without a clearly successful product or large-scale ecosystem growth, such a recovery seems extremely unlikely under current conditions.
Frequently Asked Questions (FAQ)
1. What was the initial price of Terra LUNA?
Terra LUNA was first launched at a price of $0.80 per coin. It reached its all-time high of $119.55 in April 2022 and was once the sixth-largest cryptocurrency by market capitalization, worth around $40 billion.
2. What is the Luna Terra ecosystem?
The Terra (LUNA) ecosystem was developed by Terraform Labs. It included the LUNA token, used for governance and staking, and the TerraUSD (UST) stablecoin, which was designed to track the US dollar through an algorithmic mechanism.
3. Will LUNA reach $1 again?
According to some analysts, LUNA Classic (LUNC) is projected to reach a maximum of around $0.000135 in 2023, $0.000304 in 2025, and $0.000739 in 2030, assuming continued token burns and community support. Reaching $1 appears highly unlikely based on current trends.
4. Who created LUNA coin?
LUNA was created by Do Kwon and Daniel Shin, the founders of Terraform Labs in South Korea. Do Kwon previously worked at Microsoft, while Daniel Shin was the CEO of fintech company Chai and e-commerce platform TMON.
Disclaimer: The content of this article does not constitute financial or investment advice.
