The growth of the crypto market has seen a lot of new feature implementations and developments from each ecosystem. According to CoinMarketCap, the market capitalization of the crypto space is $1.7 trillion, and over 18,142 cryptocurrencies have been added. Every day, the platform witnesses the rise of new altcoins, and
An impressively long green candle on February 28 lifted LUNA over $90. LUNA’s volatility has decreased by 55.5 percent in the last 24 hours. On Wednesday morning, Terra’s LUNA token reached a new all-time high of $104.58, surpassing the previous record of $103.34 set in December. Compared to other large-cap
Terra’s TVL has also surpassed the Binance Smart Chain’s $12.02 Billion TVL. LUNA is now offering the best staking incentives, with a 6.13 percent rate of return. It has been a busy 24 hours for Terra’s digital asset (LUNA), which has risen by around 25% in that time frame. Due
Terra’s second lock drop event was also launched. Mars Protocol contributed to the rise in demand for LUNA tokens. Investors in the Cosmos (ATOM), Fantom (FTM), and NEAR have recently turned their focus to a layer-one (L1) ecosystem in search of fresh investment possibilities. Much of the L1 market had
Despite the bearish market for the past month, some altcoins have performed well with the developments from their network. Similarly, Terra (LUNA) is one such network that has showcased its potential in the crypto market. Moreover, LUNA was the top gainer of the day on Tuesday. For the past few
Bitcoin is back at around $45,000 level which has now come from the dip of around $35,000 following the Russian invasion of Ukraine. Thus all other altcoins are also following the same pattern while some gradually presented more profit. Though the story behind the recent surge of the market has
Since August 2021, the Terra price has sustained a steady increase. Terra is up 19.53% in the last 24 hours. As the gloom of uncertainty began to lift, the cryptocurrency market as a whole reacted favorably by making a solid comeback. Terra (LUNA) was able to break over the initial
One of the significant catalysts would be Russia’s war declaration this morning. Avalanche has been down 15.08% in the last 24 hours. Luna’s price steadied following its steep fall at the beginning of this month and remained within its parallel channel. After a few attempts to break through the levels,
Like Ethereum, Cardano and Solana, Terra is a cryptocurrency that differs from Bitcoin yet shares many of its features. Unlike other digital currencies, Bitcoin is a digital payment mechanism and an investment opportunity. As opposed to this, cryptocurrencies like Ethereum, Cardano, and Solana are called “smart contracts.” Multiple applications can
A more considerable comeback was seen in Terra’s price. It turned out that the flip was still another negative indication. Altcoins are losing ground to Bitcoin because of the volatility in the Bitcoin price. In contrast, Terra (LUNA) was working hard to maintain the uptrend, but the chances of the
