Following the forking of the Terra chain and the subsequent launch of Terra’s Luna 2.0, the token has since suffered extreme volatility. For example, following the listing on cryptocurrency exchange Binance, the price per LUNA token grew by 39.41% last Tuesday. This was however soon followed by a severe decline that plunged the token belowContinue reading “Even a week after launch of LUNA, it appears Do Kwon’s problems are far from over”
By Abiodun OladokunTag Archives: LUNA ATH
For various reasons, Terra has had a dominating run on the headlines for the last couple of weeks. It has been stocking up Bitcoins along with AVAX for its UST reserves as well as Do Kwon’s statement of creating a $10 billion Bitcoin treasury – news like this has kept the bulls pushing the pricesContinue reading “Why LUNA has been facing a tough time despite multiple tailwinds to support it”
By Aaryamann ShrivastavaTerra has achieved a lot in the last few months for both its network as well as its token. Thus, it wasn’t a surprise to the market to see its current position. But as the network continues building itself, investors too can expect more going forward. Terra makes a new friend Terra’s co-founder and ChiefContinue reading “Good news across the board: LUNA records new ATH, but is there cause for concern”
By Aaryamann ShrivastavaAccidentally or not, Terra has outperformed most of the market, along with most of the top coins over the last few weeks. Continuing its practice of moving against the market trend, LUNA is currently on the verge of breaching its all-time high. And yet, there is that crucial Q – Could it also fall asContinue reading “Here’s the not-so silver lining to LUNA’s latest recovery rally”
By Aaryamann ShrivastavaThe stablecoin space is an intriguing one for investors right now. For many, Terra remains a top pick. Algorithmic stablecoin network Terra and its LUNA token registered an impressive rally over the past few days. After hovering around the $50-level last week, LUNA exploded to trade close to $89, at the time of writing –Continue reading “LUNA: UST’s demand, burning rates, and what they mean for the alt”
By Shubham PandeyAfter the market fell significantly recently, most altcoins tasted dust. At press time, however, most still seemed to be struggling to recover as Bitcoin traded at $49,289. Terra (LUNA), on the contrary, performed against the tide by not only quickly recovering from 3 December’s fall, but by also hitting a new all-time high amid largerContinue reading “Here’s how Terra’s tokenomics and interoperability pumped LUNA”
By Varuni Trivedi