Tag: Is Terra Luna a good long term investment?

What is Terra? Terra is a stablecoin-focused smart contract blockchain . Stablecoins are cryptocurrencies whose value is pegged to traditional assets such as the U.S. dollar. Terra has issued stablecoins in various currencies, including a dollar-pegged UST token.

Based on Terra (Luna) coin prediction, a long-term increase is expected , the price prognosis for 2027-01-30 is 597.919 US Dollars. With a 5-year investment, the revenue is expected to be around +1141.14%. The price of Terra (LUNA) might trade around $37.21 by the end of 2022.

LUNA is the native coin for the Terra ecosystem. This coin serves many purposes in the network. Primarily, it’s used to operate the collateralizing mechanisms that secure the price-stability of the network’s stablecoins . Additionally, it’s critical in locking value within the Terra ecosystem through staking.