LUNA seems to have a dynamic maximum supply of 1 billion meaning the network is designed to burn LUNA coins if its supply is more than 1 billion.
Read moreHow much is terra crypto worth?
LUNA Price Statistics Terra Price$89.90Trading Volume24h$1,345,227,206.65 27.14%Volume / Market Cap0.04183Market Dominance1.61%Market Rank#9Terra price today, LUNA to USD live, marketcap and chart | CoinMarketCap coinmarketcap.com › currencies › terra-luna
Read moreWill tether go up?
Should Tether live up to its intended purpose, its price should not go up – or at least not by more than a couple of cents. A consensus of several analysis websites’ Tether coin price predictions suggest its value will be between $0.972 and 1.285 in the coming years.
Read moreIs Terra a good investment 2021?
Is Terra (Luna) a good investment? Yes. Terra (LUNA) has marked tremendous price movement since the beginning of this year. According to our predictions, the long-term investment in this coin seems profitable .
Read moreIs Terra Luna a Layer 1?
Terra operates with a delegated proof of stake consensus algorithm and is a Tendermint-based Layer 1 protocol , built using Cosmos-SDK. It is considered a part of the Cosmos ecosystem.
Read moreWhat blockchain is Luna on?
Terra is the blockchain which houses the LUNA coin and associated stablecoins, including terraUSD.
Read moreWhat is a Layer 1 solution?
Layer 1 refers to a base network, such as Bitcoin, BNB Chain, or Ethereum, and its underlying infrastructure . Layer-1 blockchains can validate and finalize transactions without the need for another network. Making improvements to the scalability of layer-1 networks is difficult, as we’ve seen with Bitcoin.
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