I am fairly new to crypto and in July I took a gamble on terra luna classic when it was 0.00009 and it is now pumping. Can someone explain why this is and what the chances of it lasting are?
I have been following it more closely over the last week as it has began getting more and more attention and apparently a lot is happening over the next few weeks which is driving the price up currently but not sure what it all means?
How realistic are the chances of it reaching $0.01 or $0.10 and how long will this take? Months or years?
I am not selling just yet but this is seeing the best returns I have had in crypto so far so may take out my investment soon and let the profit ride.
for TerraLunca Classic, I don't think that it will reach $0.01 or even $0.1 in the future. however, people are already disappointed with the results that this coin gives. many people still continue to "gamble" on these tokens. in fact, I think that if I were in your current position, I might just sell the coin and try my luck at another coin, or buy this coin again when the price drops again. however, anything can happen in the crypto world, but it's very rare for me to hear of coins that have fallen, and disappointingly, returned to high.