Terra (LUNA) is one of the few top cryptocurrencies that’s actually gained value this year . The LUNA token gained over 20% in 24 hours and is now up about 50% in the past 90 days. Plus, Terra just reached a new all-time high at a point when many cryptocurrencies are down around 40% or more.
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 moreWho is behind Terra Luna?
Luna (LUNA) and TerraUSD (UST) are two native tokens of the Terra network, a blockchain-based project developed by Terra Labs in South Korea.
Read moreWhy is Fantom dropping?
The Fantom network is no longer experiencing the kind of adoption it was getting. This is because of the availability of more competing products like the Bitgert BEC20 blockchain . It is a cheaper and faster chain which makes Fantom appear inferior.
Read moreWill Luna go up?
DigitalCoinPrice also predicts LUNA will continue its general uptrend through 2022 . The LUNA crypto forecast says it will reach an average of $131.33 in Aprial and $142.39 in April 2023. And it predicts the cryptocurrency to break through $150 next year.
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