According to the poll recorded before the de-pegging, Finder’s experts predicted LUNA would be $143 before the end of the year.
and the poll’s data stems from late March to early April 2022, weeks before Terra’s ecosystem imploded.would end up being around $160 per coin by the year’s end. After the fallout, Harry said: “There is a lot of uncertainty around LUNA right now – the project is really ambitious and the objective an admirable one but just what the effect on the LUNA token itself will be is unclear.” 40% of Finder’s panelists did not think LUNA would be the most staked asset.
Desmond Marshall, the managing director at Rouge International, expected Terra’s native token LUNA to “fall flat very soon.” Marshall insisted that it was due to the “lack of overall functional support.” Despite 40% thinking LUNA would not be the most staked asset, 24% of Finder’s panelists said it would become the most staked coin, while the rest of the fintech specialists were unsure.
Swinburne University of Technology Lecturer Says Algorithmic Stablecoins Are Considered ‘Inherently Fragile and Are Not Stable at All’ According to Dimitrios Salampasis, director and lecturer at the Swinburne University of Technology, algorithmic, fiat-pegged tokens are easily broken. “Algorithmic stablecoins are considered as being inherently fragile and are not stable at all. In my opinion, LUNA will be existing in a state of perpetual vulnerability,” Salampasis said.
before the UST tumble and LUNA’s value plummeting to zero. Prior to the Terra fallout, the panel thought LUNA would be $390 by the end of 2025, and $997 per unit by the end of 2030. With the way things look today, in mid-May 2022, LUNA will have an extremely hard time reaching $143 per unit.
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