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AI predicts Terra Classic price for end of 2024

AI predicts Terra Classic price for end of 2024

March has, arguably, been the most interesting month so far of a year, generally highly exciting for the crypto market

The third month featured a frenzied rally that saw Bitcoin (BTC) propelled to a new all-time high near $73,000 and saw the emergence of multiple fresh meme coin millionaires.

More recently, however, an unexpected correction saw a massive decline in the value of many cryptocurrencies – followed by a renewed but cautious rally as April, the month of the BTC halving, approaches.

Terra Classic (LUNC) proved just as susceptible to the current market trends as any other coin or token and had a major rally in early March, a significant drop toward the middle of the month, and restarted its rise since. 

Google Gemini predicts Terra Classic price for December

With all the crypto market excitement and Terra Classic activity of 2024, Finbold first consulted Alphabet’s (NASDAQ: GOOGL) own artificial intelligence (AI) model – Google Gemini – on how the cryptocurrency might fare by the end of the year,

Gemini’s initial forecast could best be described as cautious as it set its sights at a December price of $0.0002 – almost exactly at the current 2024 highs for the token. 

Gemini sets LUNC price target for December. Source: Finbold and Google Gemini

The AI reasoned that, despite the current trends in the crypto market, a massive bull run later in the year is not guaranteed, and that, even should one take place, LUNC faces an uphill battle due to its damaged reputation.

When asked to provide a prediction with more decimals to offer greater utility for its forecast, Gemini’s revision proved bearish as it set its new target at $0.000185.

Google Gemini provides a more precise target for LUNC for December. Source: Finbold and Google Gemini

The large language model (LLM) reiterated its previous reasoning but added that the altered forecast is made to reflect more strongly the headwinds likely to be faced by LUNC, but also account for the likely upside given the Terra Classic team’s efforts to revitalize the token and its ecosystem.

Microsoft Copilot predicts Terra Classic price for December

Not to settle for a single source, Finbold also consulted Microsoft (NASDAQ: MSFT) Copilot on its own prediction for LUNC.

Copilot – specifically its creative “voice” – proved more bullish on Terra Classic than Gemini and set its sights on $0.0003 in December. 

Microsoft AI’s reasoning was relatively similar to its counterpart’s citing the current crypto market trends, but it also focused on the competition and adversity LUNC is facing. 

Its revision, however, proved more bullish as Copilot placed its more precise forecast at $0.000327, though its supplemental reasoning proved more generic, generally citing the influence of broad market trends on individual cryptocurrencies and the potential impact of technological developments or regulatory actions.

Copilot sets the price target for LUNC for December. Source: Finbold and Copilot

LUNC price chart

Whatever December 2024 may bring for Terra Classic, the first quarter of the year proved highly volatile for the token as it is, after several major ups and downs in recent months, a total of 12.14% in the green since January 1.

LUNC 1-year price chart. Source: CoinMarketCap

More recent trading, however, proved significantly more bullish as LUNC is up 18.68% in the last 30 days, and 18.73% on the weekly chart. The latest 24 hours, however, brought a major drop of 8.76% to $0.000157.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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