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Former Terra Classic Team Member Predicts LUNC Could Plummet to All-Time Low if Bitcoin Drops to $22,500

Former Terra Classic L1 team member, Tobias Andersen, has warned that LUNC could hit its all-time low if Bitcoin (BTC) drops to $22,500 due to selling pressure. Andersen, also a senior software developer, made the statement on Twitter, highlighting concerns about BTC's current price movements.

He predicted that if BTC falls to $22,500, LUNC could retest its all-time low, and Terra (LUNA) could collapse to $0.50. LUNC's all-time low price is $0.00001675, and it is currently trading at $0.0000901, down 6.10% in the past 24 hours. Despite this, LUNC has gained 10% in the past two days, bucking the overall market trend.

Bitcoin Bitcoin $94,303.01
-2.4%
Terra Classic LUNC
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