Our SARIMAX(4, 1, 3) model predicts that the price of LUNA1 will increase to USD 0.00013 by February 29, 2024.
This forecast is (+/-) USD 0.000063 at the 95% confidence level and includes the outcome of no change in price.
Terra is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. Luna is the reserve currency of the Terra platform. It has three core functions: i) mine Terra transactions through staking, ii) ensure the price stability of Terra stablecoins and iii) provide incentives for the platform’s blockchain validators.
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