Terra’s LUNA Token saw its highest price spike since June last September, reaching a high of $6.7385. The Luna Crypto coin has gained momentum in the past 24 hours with Binance completing its first “Luna Classic” fee.
With all the news surrounding Terra and Luna taxation, October will see interesting shifts in the price of the coin. This is our forecast for LUNA in October.
Luna Crypto Price Forecast: October 2022
LUNA currently sits at $2.55, according to CoinMarketCap. Terra is up 2.73% in the last 24 hours.
ChangellyBlog crypto experts estimate that the average LUNA rate will hover around $2,62974. After the price surge in mid-September, the crypto has since leveled out around the $2.53 range.
Changelly forecasts a slight increase in LUNA price this month, reaching a high of $2,70973 and a low of $2,37976. It’s hard to predict a massive rise or fall for LUNA this month, so it’s safe to say this prediction is accurate.
Terra as a company has fallen dramatically since its co-founder, Do Kwon, went “on the run” from authorities. There has been a lot of controversy surrounding the company, which has influenced its original Luna token over the past few months.