Terra 2.0 and LUNA Classic Dumping Might Worsens, As Bitgert Outlook Remains Bullish

The market has been on a bearish vibe for the last few weeks, and even with periodic spikes, the global crypto marketcap has been declining this year. In fact, the crypto market is still in red for this year. Terra (LUNA) and LUNA Classic (LUNC) are among the crypto coins that have recorded a decline in the past few days, while Bitgert and Centcex have been upsurging.

 For the last few weeks, Terra (LUNA) and LUNA Classic (LUNC) posted a decline, but the past 7 days have seen these coins surge. Terra 2.0 has surged 9.8%, while LUNA Classic has rallied 6.8% in the past 7 days as of writing. Bitgert (BRISE) and Centcex (CENX) have also posted impressive growth during the same period.

However, crypto experts are of the opinion that Terra (LUNA) and LUNA Classic (LUNC) might dump further in the next few weeks. This prediction is informed by the performance that these coins have registered over the last few weeks. In every bull run, these coins have been hit by a downtrend.

Why Terra (LUNA) and LUNA Classic (LUNC) Have Been Bearish

There are a number of factors that are making Terra 2.0 and LUNA classic lose a lot of value after making a surge. The last few days have seen Terra (LUNA) and LUNA Classic (LUNC) operate like pump and dump coins. They have posted one of the biggest volatilities in the market.

The lack of real utility products and projects in their ecosystems is what keeps these coins super volatile. This is why they are doing poorly in sustaining a bull run. Therefore, Terra (LUNA) and LUNA Classic (LUNC) prices are being driven by hype and not real utility. This exposes them to a massive sell-off anytime a downtrend hits.

Bitgert (BRISE) and Centcex (CENX) Have Maintained Bullish Outlooks

The explosive price growth that Bitgert (BRISE) and Centcex (CENX) have recorded over the last few months is the main reason these coins have attracted a lot of attention. However, most investors buying and holding Bitgert (BRISE) and Centcex (CENX) are attracted by the massive developments these teams are delivering.

The Bitgert (BRISE) and Centcex (CENX) teams are building the most disruptive crypto ecosystems. Looking at their roadmap, they have some of the most disruptive products coming up. They have also delivered products and projects that have been massively adopted.

So, the mass adoption of the Bitgert (BRISE) and Centcex (CENX) projects and products is the reason these coins have maintained a bullish outlook even today.