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Terra Luna's price has been consolidating near $2.42 for some time now, and investors are wondering if it will recover or continue to fall until it reaches $0. Furthermore, what alternatives do we have if Terra fails to recover? Terra Luna Price & Tokenomics  Terra is currently trading at $2.43 with a 24-hour trading volume of $184 million. Terra has increased by over 2% in the last 24 hours. CoinMarketCap currently ranks #105 with a live market cap of $309,406,063 USD. The circulating supply is 127,475,474 LUNA coins, and the maximum supply is not known. Terra Luna Price Chart - Source: Tradingview Terra Luna Expansion Strategy The Terra ecosystem governing team, consisting of LUNA and LUNC, has unveiled a new expansion strategy for the ecosystem. After the devastating disaster, the team adopted this plan to try to revive Terra's environment. Remember how the Terra scandal shook the crypto sector, wiped out billions of dollars, and drove some crypto se...

Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Terra Luna Classic (LUNC) spiked at the end of September, giving investors hope that a reversal was on the cards after the coin crashed from $0.00059. Although LUNC broke out of the downtrend, buyers didn't keep up the momentum at the $0.00036 resistance, and Terra Classic began forming lower lows. The bears dominated the price action, and the price failed to break through key resistance levels. LUNC continued its downtrend throughout October. The only good news for the coin is that the downtrend formed a falling wedge, which is a reversal pattern.                                                    LUNC 4-hour Chart As LUNC nears the end of its wedge, it needs to break out of soon for investors t...