The LUNA/UST relationship The gains for LUNA are likely thanks to strong demand for sister token TerraUSD (UST) , an algorithmic stablecoin pegged to the U.S. dollar. UST maintains its dollar peg by burning or issuing LUNA tokens.
Read moreWhy is Luna Terra dropping?
The dropping Terra (LUNA) price could have resulted from the crashing crypto markets , but the issue of the more competitive projects might also have affected the dropping rate.
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