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Few crypto market watchers have missed the viral campaign to get LUNC listed on Coinbase. Its price reached a peak in the morning of October 2. What direction will it take?
Look no further than this short article for all the details about LUNC: what it is, is it worth investing in, and the best places to buy LUNC now.
Top places to buy LUNC now
As LUNC is such a new asset, it's yet to be listed on major exchanges. You can still purchase LUNC using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy LUNC right now, follow these steps:
1. Buy ETH on a regulated exchange or broker, like eToro ›
We suggest eToro because it's one of the world's leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It's also beginner-friendly, and has more payment methods available to users than any other available service.
2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask
You'll need to create your wallet, grab your address, and send your coins there.
3. Connect your wallet to the 1Inch DEX
Head to 1Inch, and 'connect' your wallet to it.
4. You can now swap your ETH for LUNC
Now that you're connected, you'll be able to swap for 100s of coins including LUNC.
What is LUNC?
LUNC is the token of Terra Classic, a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems.
The Terra ecosystem collapsed in May this year, leading to a fork, when a new version of Luna was launched.
The creators implemented the Terra Ecosystem Revival Plan 2, under which two Luna token versions were created.
Should I buy LUNC today?
Nothing can substitute doing your own research. Any investment decision you make should be based on your market expertise, your attitude to risk, and the features and spread of your portfolio. Also, consider how you would feel about losing money.
LUNC price prediction
Telegaon predicts that the token will trade between $0.009 and $0.03 a year or two from now. At the time of writing, its price was $0.00032.
After analyzing LUNC’s historical performance, other market insiders predict that its average price in 2024 will be $0.015.
LUNC on social media
BREAKING NEWS 🔥
— Control2XY 🌗 ™ 𖣴 (@Control2XY) October 3, 2022
The post Is LUNC in for a steep price rise? Best places to buy LUNC now appeared first on CoinJournal.
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.