3 reasons why Terra (LUNA) price rallied by 20%

3 reasons why Terra (LUNA) price rallied by 20%

The growing interest in stablecoins, new partnerships and the improving state of the wider market back LUNA’s newfound bullish momentum. Altcoins continue to move higher while the price of Bitcoin (BTC) remains trapped in the $31,000 to $36,000 price range. The predictable range appears to be helping Terra (LUNA), a blockchain protocol that specializes in fiat-pegged stablecoins like TerraUSD (UST) to power a price-stable global payment system. LUNA/USDT 1-day chart. Source: TradingViewA quick scroll through the project’s Twitter feed indicates that the team behind LUNA has been busy as....


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Terra (LUNA) price rallies 162% while Bitcoin and altcoin prices drop

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All Quiet On The Terra Front: Is LUNA 2.0 Debut A Revival Or Rocky Gamble?

The new Terra token dropped by over 70% within hours of hitting $30 after its release on Saturday, May 28, triggering yet another round of criticism from the crypto community. The old LUNA has been renamed Terra Classic (LUNC) on CoinMarketCap, and a new listing for the new Terra (LUNA) has been added. As part […]

3 reasons why Terra (LUNA) price hit a new all-time high

The successful launch of the long-awaited Columbus-5 upgrade is just one of the factors in LUNA’s ascension to a new record high. Protocol upgrades are one of the biggest drivers of momentum because they show developers' dedication to fixing bugs, incorporating user requests and adding new features that make the protocol competitive and shore up the token's value.One project that has seen its token price rally to a new all-time high following the launch of a highly anticipated upgrade is Terra (LUNA), a blockchain protocol that uses fiat-pegged stablecoins like TerrUSD (UST) to create a....

Terra Development Team Reveals Some Users ‘Received Less LUNA From the Airdro...

The new Terra blockchain Phoenix-1 has been operating since Saturday morning May 28, 2022, and on that day, millions of new LUNA tokens were dispersed to luna classic (LUNC) and terrausd classic (USTC) holders. However, on Tuesday the Terra development team revealed that some Terra token owners “received less LUNA from the airdrop than expected,” and developers are “actively working on a solution.” Terra LUNA Airdrop Suffers From Miscalculation Error — Devs Plan to Offer a Solution On Monday, May 30, 2022, Bitcoin.com News reported on the new....