2022-5-16 19:09 |
Most crypto investors are optimistic that Terra’s woes are almost coming to an end and that its coin the Terra (LUNA) is poised for recovery in the coming days. The rate at which LUNA was losing its value has reduced from losing over 100% per day to only about 40% per day; a sign that the bearish trend could end.
Over the weekend, the price of Terra had actually risen by more than 1,000% before pulling back today.
To help investors and traders who want to take advantage of the current Terra (LUNA) dip by purchasing it at its current low price, Invezz has created a brief article to help with identifying the best places to buy it.
To find out more, please continue reading.
Best places to buy Terra (LUNA) BitpandaBitPanda is a Bitcoin broker based in Austria. It offers a wide range of payment methods and has good prices.
Buy LUNA with Bitpanda today
CelsiusCelsius is proud to provide a platform of curated services that have been abandoned by big banks – things like fair interest, zero fees, and lightning quick transactions. Our goal is to disrupt the financial industry, one happy user at a time, and introduce financial freedom through crypto.
Buy LUNA with Celsius today
What is LUNA?LUNA is the native cryptocurrency of the Terra blockchain.
The Terra blockchain uses fiat-pegged stablecoins to power a stable global payment system. In a nutshell, Terra leverages the stability of Fiat currencies and the decentralized nature of Bitcoin (BTC) to offer fast affordable settlements using stablecoins.
Besides its recently released native stablecoin, TerraUSD (UST), a number of other stablecoins pegged on the US Dollar, the South Korean Won, the Mongolian tugrik, and the International Monetary Fund’s Special Drawing Rights basket of currencies have been developed and deployed using Terra blockchain
Besides LUNA being used as a stabilizer of the various stablecoins developed via Terra, LUNA holders can also vote on Terra governance proposals.
Should I buy the LUNA coin today?LUNA could be a good choice if you are looking for a cryptocurrency that has taken a massive dive over the past few days.
Despite the coin offering a great opportunity if it recovers, it is still not clear how far the price of LUNA will go. The coin has been dropping by almost 100% every day in the past four days.
LUNA price predictionWith Do Kwon publishing Terra’s “recovery plan” for both its native stablecoin, the TerraUSD, and its native token, the LUNA, analysts anticipate that the price of LUNA could get above $0.002 by the end of the week as it tries to recover above $1.
Terra social media coverageDo proposed forking the #Terra blockchain and redistributing tokens to preserve the community 🤝
However, Vitalik and CZ is skeptical, and stressed that Terra needs to put retail users first 🤔 https://t.co/SrpMYRo8o0
JUST IN:
It appears that Terra, $LUNA / $UST, operators allowed select holders to cash out at near $1, before it collapsed to nearly worthless on secondary markets.
The whales were saved, and it appears retail held the back instead.
This is inexcusable.
The post Terra (LUNA) could have hit bottom: you can buy $LUNA token here appeared first on Invezz.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
Luna Coin (LUNA) на Currencies.ru
|
