Terra LUNA surpasses Shiba Inu after hitting new ATH

Terra LUNA surpasses Shiba Inu after hitting new ATH
фото показано с : invezz.com

2021-12-3 19:27

LUNA, the native for the Terra blockchain, has been on a major uptrend this week, as its weekly gains stand at around 67%. On December 2, LUNA hit an all-time high of $65.50, according to CoinGecko.

The current data also shows that the token has gained around 9.5% during the past 24 hours, and the uptrend is still strong.

LUNA’s market cap makes major surge

Following the LUNA token’s gains during the past week, the token is now ranking as the 12th largest one in terms of market capitalization. The market cap for this token currently stands at more than $25 million.

Currently, LUNA’s market cap has ranked higher than Shiba Inu, which stands at over $23 million. Shiba Inu is currently standing as the 13th largest cryptocurrency, according to data from CoinGecko.

Terra is a blockchain that is supported by Mike Novogratz. Terra is a blockchain network that offers support for a wide range of algorithmic stablecoins whose values are pegged to the US dollar value.

LUNA is the native token for the Terra blockchain. The token is responsible for holding the prices of these stablecoins. It has a flexible supply that changes according to demand to bring price stability and aid the protocol with its mint/burn feature.

The price of LUNA is currently enjoying notable growth because of the growth of the TerraUSD (UST) stablecoin.

Terra’s blockchain is also growing

Besides the gains made by the LUNA token, the Terra blockchain is also growing. Validators on the Terra blockchain can stake LUNA tokens to verify transactions on the blockchain, which has benefited the entire blockchain.

The LUNA token brings stability to the Terra UST stablecoin network and is also used for voting in various governance decisions on the project.

Data from DeFi Llama also shows that the Terra blockchain is also growing by the number of smart contracts available on the network. Currently, the Terra blockchain accounts for 4.69% of the entire share of smart contracts. The total value locked (TVL) on the blockchain stands at around $12.84 billion. In September, the Terra blockchain launched Columbus-5, a highly anticipated upgrade that allowed the blockchain to achieve interoperability with other blockchains.

The post Terra LUNA surpasses Shiba Inu after hitting new ATH appeared first on Invezz.

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Luna Coin (LUNA) на Currencies.ru

$ 0.0059327 (+16.14%)
Объем 24H $285
Изменеия 24h: 11.57 %, 7d: 6.72 %
Cегодня L: $0.0059327 - H: $0.0059327
Капитализация $10.124k Rank 2215
Доступно / Всего 1.706m LUNA

luna terra december gains stand hit around

Источник: invezz.com

luna terra → Результатов: 81


Terra (LUNA) Price Prediction 2024 – 2025 -2030 | LUNA Price Forecast

What is Terra? Terra is the new LUNA 2.0 launched by the Terra founder Do Kwon. After an incredible demise and unprecedented crash of the original Terra Luna project that went from a $60 billion protocol to almost zero, Kwonman (popular name for this conman) decided to do another round of plundering crypto noobs by […] The post Terra (LUNA) Price Prediction 2024 – 2025 -2030 | LUNA Price Forecast appeared first on CaptainAltcoin.

2023-12-25 23:50


Terra (LUNA) Price Prediction 2023 – 2025 -2030 | LUNA Price Forecast

What is Terra? Terra is the new LUNA 2.0 launched by the Terra founder Do Kwon. After an incredible demise and unprecedented crash of the original Terra Luna project that went from a $60 billion protocol to almost zero, Kwonman (popular name for this conman) decided to do another round of plundering crypto noobs by […] The post Terra (LUNA) Price Prediction 2023 – 2025 -2030 | LUNA Price Forecast appeared first on CaptainAltcoin.

2022-12-22 11:58


Цена токена LUNA подскочила на 200%

Токен LUNA новой сети Terra 2. 0 резко вырос в цене, показав прирост на 127% в течение часа: с $2 до $4,55. Криптовалюта обновила максимум с 8 июня. Монета была выпущена в конце мая взамен оригинальной криптовалюты Terra (LUNA), которая была переименована в Terra Classic (LUNC).

2022-9-10 18:05


Terra Classic (LUNC) vs. Luna 2.0 (LUNA)

A  few weeks ago, Terra (UST-USD), the third-largest stablecoin in the crypto market, was delisted from the US dollar and crashed along with its reserve asset, Luna (LUNA1-USD). This is after experiencing a massive sell-off of over 99% of its value, resulting in Investors losing all their funds and life savings as in the case […] The post Terra Classic (LUNC) vs. Luna 2.0 (LUNA) appeared first on NullTX.

2022-6-1 23:09


Фото:

План по восстановлению Luna столкнется с трудностями: отчет Huobi

После отвязки Luna и краха стейблкоина UST на прошлой неделе соучредитель Terra До Квон представил предложение с его видением «пути вперед» - плана по возрождения блокчейна Terra. Предложение предусматривает форкинг цепи Terra в новую цепь без алгоритмического стейблкоина, при этом старая цепь будет называться Terra Classic (токен Luna Classic - LUNC), а новая цепь Terra (токен Luna - LUNA).

2022-5-27 16:28


Фото:

Terra (LUNA) could have hit bottom: you can buy $LUNA token here

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 post Terra (LUNA) could have hit bottom: you can buy $LUNA token here appeared first on Invezz.

2022-5-16 19:09


Цена Terra LUNA обновила исторический максимум благодаря инвестициям в биткоин

Монета Terra (LUNA) достигла нового исторического максимума после того, как выросла более чем на 140% по сравнению с минимумом 2022 года. Что происходит? Рост LUNA связан с беспрецедентными инвестициями компании-разработчика криптовалюты в биткоин.

2022-3-30 18:11


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