What currency is Luna?

Terra (LUNA) is a comprehensive payments network on the blockchain . The platform hosts a variety of stablecoins, each pegged to different fiat currencies. The LUNA token is used as collaterals for these stablecoins and also fuels the network.

While Terra’s stablecoins ensure seamless transactions and the stability of fiat currencies, the Terra crypto network uses its native LUNA currency as a utility and governance coin to operate the collateralizing mechanisms that back and secure the price stability of the Terra network’s stablecoins .

LUNA Price Statistics Terra Price$94.35Trading Volume24h$1,957,109,533.30 18.37%Volume / Market Cap0.05759Market Dominance1.70%Market Rank#8Terra price today, LUNA to USD live, marketcap and chart | CoinMarketCap coinmarketcap.com › currencies › terra-luna

Is LUNA coin a good investment? It might be . LUNA coin has been behaving bullishly this past year and analysts predict this trend will continue. The token has proven volatile, but such peaks and troughs could be attributed to external factors such as the crypto market crash.11 saat önce