Terra is going through a situation that no one in the ecosystem would want to go through. The price of LUNA drops to practically zero, and...
The LUNA token was a month ago, celebrating a new ATH of $119.18. Today, at the time of writing, it's worth $0.00000843 where all exchanges suspended trading in LUNA. Furthermore, the Terra blockchain has now halted. A serious fall from grace. So, what did actually happen? How can the LUNA price go to almost 0? Crypto Twitter DeFi researcher Route 2 FI had...
Terra's CEO, Do Kwon, reappeared early Wednesday to present an emergency plan to save UST and LUNA. To protect against network governance attacks, the business proposes burning all UST in the community pool, burning the remaining 371 million UST cross-chain on Ethereum, and stakeing 240 million LUNA. Terra Plans To Save LUNA And UST The Terra Money Twitter account went into additional depth...
Just a few weeks ago, traders were anticipating LUNA prices to break $100 again and continue soaring. In an unexpected turn of events, things got sour and LUNA collapsed to a current price of $1. This madness made LUNA investors lose 99% of their holdings. Additionally, UST price is still not properly pegged. There is a new proposal that aims to fix this...
Pangolin has announced the newest Super Farm partners. Terra Money is among them. Terra Daily tells us that UST is now available on Super Farms in Pangolin DEX. Available pools for UST are: USDC - UST UST – AVAX PNG – UST...
Everyone in the cryptocurrency space arguably owns some form of Blue Chips. Blue Chips are top cryptos that have stood the test of time in the cryptocurrency sphere. Blue Chips are the big boys. Cryptos that have gone through bear markets and have survived every single time. Also, they can be safely and accurately described as financially stable and productive. Although most times,...
It's rare when we talk about a new coin listing on Altcoin Buzz. Many projects are just too new, with too little information to make a judgment on their quality. But Terra and its LUNA and stablecoin UST are everywhere. And now Americans can finally access it easily on Binance.US. What is Binance.US? Binance.US is the US carveout of big, global Binance. It's...
Terra ($LUNA) has been in the limelight in recent times for all the right reasons. Its stablecoin UST is set to unseat DAI to become one of the foremost algorithmic stablecoin in the crypto space. Interestingly, Terra ($LUNA) also has a new way for its token holders to earn better rewards on Prism Protocol. Prism protocol...
Crypto and stock markets seem to be melting down together where most cryptos are showing a 10-20% loss. Some managed smaller losses, while some are bleeding. In short, green candles are rare in today’s chart. But no reason to panic. Corrections like this are part of the game. Hodl and don’t panic sell is the key because even in the current market conditions,...
The prediction given in 2010 by the first recipient of a bitcoin transaction is coming true today. Find out how Terra helped make this prediction come true. Hal Finney was the recipient of the first Bitcoin transaction. He died in 2014 from ALS, but his legacy lives on. Finney described the "final fate of Bitcoin, to be the 'high-powered...
The hype for the Terra crypto project is still pretty in the crypto community. LUNA prices soared by more than 550% in the past year alone. A few weeks earlier, prices managed to break the strong psychological price of $100. After the bullish breakout , the price was able to reach around $120 while making a new all-time high. However, an adjustment was...
If you ask me, Terra Luna continues to be the number #1 ecosystem offering high-yielding DeFi opportunities and at the same time, the price of token Luna has been exploding. In the last 30 days, LUNA pumped 30% to almost $100. What is...
Cryptocurrency exchange CEX.IO has announced that it has listed LUNA, the native token of Terra’s blockchain. A few days ago, one of the oldest crypto exchanges, CEX.IO, announced that it has listed LUNA. It is one of the hottest cryptocurrencies at the moment. CEX·IO has just listed...
In our last Luna price prediction, we touched on targets that would be realistic if Terra Luna breaks the $100 psychological resistance. We did predict that prices were about the correct, and it would make sense to wait for a price drop towards the $80 price mark. This is exactly what happened. But today, prices...
Are Bitcoin and Ethereum enemies? And if so, does that extend to the ‘Ethereum killers’ too? Terra says no and puts their money where their mouths are. Terra is buying more Bitcoin for its reserve. Ethereum is the leader in DeFi despite its issues with network congestion and gas fees. And because of this, there are a couple of strange narratives that float...
The Luna Foundation Guard (LFG) has now voted to burn another massive amount of LUNA tokens from its fund, which will happen soon. The Luna Foundation Guard (LFG), a blockchain community centered on the Terra network, said that it...
Yoon Suk-Yeol wins the South Korean presidential elections with the smallest of margins (0.8%). Nonetheless, both South Korean candidates had one thing in common. During their respective campaigns, they both had a pro-crypto stance. Despite being political opponents from different camps. Consequently, both politicians used their own...
Stablecoins are perhaps the heart of the DeFi ecosystem; however, recent scams where the Tether Foundation failed to prove that all their minted tokens are pegged to an equivalent amount of dollars in the chest have raised serious concerns from a user and investor’s perspective. As a result, the SEC has turned hawkish against stablecoin minting....
Luna is the Terra platform's reserve currency, serving three primary functions: facilitating Terra transactions through staking, ensuring the price stability of Terra stablecoins, and providing incentives to the platform's blockchain validators. The Terra protocol is built on a Proof of Stake (PoS) blockchain, which requires miners to stake their Luna to mine transactions. All else being equal, a validator who staked more Luna...
In a previous Luna Price Prediction article, we tackled what the Terra blockchain is and analyzed the LUNA token. We also spoke about important price areas that can be reached. Today, LUNA prices reached exactly all the previously outlined areas. Our suggested trade setup is deep in the green and already made more than 34% return....
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