Wrapped Luna Classic (WLUNC) began at the hands of Do Kwon, a South Korean developer and Daniel Shin, who also built Terra, a blockchain network. The organization Terraform Labs developed Terra and raised close to $30 million from investors worldwide. Binance, Polychain Capital, and Arrington XRP Capital are some of those.
Launched in 2018, $LUNA began trading on cryptocurrency exchanges in late 2021. The native token of Terra Blockchain is simply wrapped by token and thus came the existence of Wrapped LUNA Classic (WLUNC).
Presently WLUNC has a price of $0.0000904 and market cap of $0 due to the recent crash of LUNA. It is still considered to be the largest cryptocurrency crash till date as Forbes states that close to $60 billion of loss took place due to it.
Even though the future of $WLUNC is quite vague, is there any possibility of price reversal in 2023? Keep reading to find out Wrapped Luna Classic price predictions from 2023 to 2050 alongwith fundamental and technical analysis.
Is Wrapped LUNA Classic (WLUNC) a Good Investment?
Wrapped LUNA Classic reached an all-time-high of $116.16 at the beginning of April 2022 and maintained last hopes at $86.41 only a month later before plummeting. After the collapse of Terra LUNA, the prices of $WLUNC have also followed the same path.
Moreover, after the arrest of LUNA CEO, Do Kwon, investing in $WLUNC is not suggested at all. There is a very low chance of LUNA regaining any of its past performances. If you are still interested in investing WLUNC coin, we suggest you to keep a close eye on the organization before taking any investment decisions.
Wrapped LUNA Classic (WLUNC) Price History
| Year | Min Price | Max Price |
| September 2021 | $25.072357 | $43.379439 |
| December 2021 | $53.174052 | $99.113753 |
| January 2022 | $46.558748 | $90.936755 |
| April 2022 | $116.16976 | $77.394951 |
| August 2022 | $0.0000838 | $0.0001042 |
| December 2022 | $0.0001259 | $0.0001788 |
| January 2023 | $0.0001396 | $0.0001866 |
| June 2023 | $0.000827 | $0.0001266 |
Wrapped LUNA Price Prediction Table up to 2050
| Year | Min Price | Avg Price | Max Price |
| 2023 | $0.0000431 | $0.0000805 | $0.0001507 |
| 2024 | $0.0000723 | $0.000106 | $0.000654 |
| 2025 | $0.000130 | $0.000155 | $0.000189 |
| 2030 | $0.000033 | $0.000261 | $0.000345 |
| 2035 | $0.000197 | $0.000721 | $0.000783 |
| 2040 | $0.000245 | $0.000989 | $0.00102 |
| 2050 | $0.00657 | $0.00826 | $0.000321 |
Wrapped LUNA Price Prediction for 2023
Predictions for the Wrapped LUNA Classic in 2023 shows that very few chances of regaining the pace that it had earlier. With a crash in recent times, WLUNC can reach a maximum price of $0.0001507 with an average trading price of $0.0000805. If the bearish trend continues, we can see numbers as low as $0.0000431.
Wrapped LUNA Price Prediction 2024
Forecast suggests that in 2024, $WLUNC can reach up to $0.000654 with downtrend leading prices to a low of $0.0000723. If the allegations made upon Do Kwon are ruled out by the court, there is a possibility of LUNA making a return.
However, trials might take longer, so prices are expected not to move too much from an average of $0.000106.
Wrapped LUNA Price Prediction 2025
By 2025, predictions for Wrapped LUNA Classic shows that we can see a high and low of $0.000189 and $0.000130. The upward treading numbers are derived from a possibility of a bull rally, which was initially set for 2023. However, SEC crackdowns led to several crypto firms like Binance and FTX to crash or withdraw services.
Due to this, experts say that 2025 is the year for the next bull rally, and prices of $WLUNC can be affected due to it.
Wrapped LUNA Price Prediction 2030
Presently, LUNA is not having a great market sentiment and in 2030, such might change and predictions say that WLUNC can reach a maximum price of $0.000345. Considering that such does not occur, we can also see numbers as low as $0.000033. It is still quite uncertain to make solidified comments as recent allegations have laid a huge setback to the organization.
Forecast suggests that as Terra Labs is still up and running, with consistent improvements, there is a possibility of seeing Wrapped LUNA Classic make a return in 2030.
Wrapped LUNA Price Prediction 2040
Investing long-term in WLUNC is not the brightest idea at the moment as the recent future seems vague itself. Predictions forecast a maximum price of $0.00102 in 2040 with a low of $0.000245. No cryptocurrency has ever made a comeback after crashing but 2040 could be a revolutionized era for Web3 and we can see it change. However, there is no certainty in the present market and we will have to wait for some signs.
Wrapped LUNA Price Prediction 2050
Price predictions for Wrapped LUNA Classic in 2050 shows that we can see a high of $0.000321, which is still going to be way way lower than its price right before the crash. Forecast clearly suggests that even in 2050, there is little to no chance of price reversal for $WLUNC.
Even after a short period of crash, the organization is still dealing with legal troubles and kickstarting the token once again is going to be challenging.
If situations do not improve, a few bull runs can bring the lowest price to $0.00657 but we do not see any indications of anything better.
Should I Buy Wrapped LUNA?
As of June 2023, the former CEO Do Kwon was arrested only recently and such an incident is very bad for the prices on cryptocurrency exchange. Technical analysis suggests that we sell $WLUNC and there is very little chance of the token regaining any of its previous values.
Due to this, it is highly suggested not to buy Wrapped LUNA Classic and if you are still interested, dig deeper into the organization.
Conclusion: Realistic Wrapped LUNA Price Prediction
There is only one possibility that is clear as a day; after the crash of LUNA, its wrapped version, $WLUNC also followed the trend. Moreover, we have already witnessed the whereabouts of the ones who started it. This negative market sentiment will not be forgotten anytime soon, and leaves us with a thin chance to witness any price hike.
Take a quick look at the candlestick chart of Wrapped LUNA Classic and you see for yourself where the prices are treading. For a cryptocurrency that hit an ATH over $100 to be treading in numbers lower than a dollar, it is highly unlikely for anything positive happening here soon.
Furthermore, technical analysis also shows that the market is 80% bearish for WLUNC with a relative strength index (RSI) of 42.90 indicating neutral zone.
Such indications are clear signs not to invest on present date but such might change anytime and if you are interested in Wrapped LUNA, we suggest you to keep a close eye.
