The post This is How TerraClassic(LUNC) Price May Gulp A Couple of Zeros in its Values Soon  appeared first on Coinpedia Fintech News

The Terra Classic price had earlier gained significant momentum and rose beyond expectations as it reached lows close to $0.00002. While the market participants hoped for another breakout, the asset broke down from the symmetric triangle, substantiating the revival of the bearish trend. 

While the descending trend is expected to prevail for a long time, the Terra Rebels, with their official Terra Classic revival roadmap, may induce some bullish momentum.

The team believes that the old Terra swap mechanism was the reason behind LUNA hyperinflation and the UST stablecoin collapse. However, the proposed changes are believed to spike the LUNC price to $0.00372, slashing a couple of zeros as the circulating supply is expected to drop by 2 trillion.