Terra Luna return has been one of the rocking in the past year. This cryptocurrency has now reached the top 10 cryptocurrencies by market capital. It overtook cryptocurrencies such as Dogecoin, Avalanche and Shiba Inu, which have become popular in terms of market capitalization. According to data from Coinmarketcap, the Luna fell nearly 6 percent on Monday amid a massive crypto selloff. Yet it has achieved a growth of around 25 per cent in the last seven days. With this, Luna’s market capitalization has grown to about $25 billion.
Luna is Far behind bitcoin
Luna’s market cap is still well below the top cryptocurrency, Bitcoin. Bitcoin is down 30 percent from its November highs. But its market capital is still close to 1 trillion dollars. Dogecoin and Shiba Inu, which previously competed for being among the top 10 cryptocurrency spots, are now ranked at number 11 and 13 respectively. At the same time, the avalanche called “Ethereum Killer” is at number 12.
When was Luna token launched ? (Terra Luna)
“The Tera blockchain, launched in January 2018”, uses stablecoins to power its payment system and the protocol’s algorithmic-backed TeraUSD stablecoin, the Luna token to stabilize the price of UST. In the decentralized finance world, Terra is growing rapidly with faster transactions and lower fees, and Ethereum is capturing the market share.
How much Terra Luna return gives in one year ?
According to CoinGecko, Terra Luna return has achieved growth of over 12,000% in one year, with most of the uptick in the last four months alone. If someone had invested Rs 1 lakh in this a year ago, then his investment value would have exceeded Rs 1.20 crore based on the return of more than 12000 per cent. The data shows that Avalanche has given 2,400% returns in one year, while the fifth-largest cryptocurrency Solana is up 9,500%.
Terra Luna all-time high, market cap and price
On December 4, Luna touched its all-time high of $75.56, and its market cap reached an all-time high of $29.3 billion at this level. At the beginning of the year, Luna was valued at $300 million. In July, the coin saw its first rally, when its market cap increased to $2.6 billion. In the last six months alone, Luna has registered 900% growth.
Reasons Why Terra Luna return high
Experts say that crypto investors look for a more efficient and less expensive alternative than Ethereum. Smart contracts and decentralized finance have fueled alternatives such as Avalaunch, Solana and Luna. The price of Avalanche has increased by 368% in the last 6 months, while the price of Solana has increased by 346%. Over the past weekend, many investors saw the crypto rally as an opportunity to raise their capital and sold off, leading to a fall in crypto.
Terra Luna features Price Prediction – Will Terra LUNA Price Hit $1000 in 2022?
At last , According to experts, If this trend continues, Terra Luna will reach $100 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $122. Then this boom will slow down a little , but no major falls are expected. With upcoming, partnerships, and developments reaching $100 is quite optimistic in the price point of view but undoubtedly feasible for the near future. Its a long term goal to achieve $1000 mark but not impossible .
Is terra luna a good investment
Yes, you must think about investment in the Luna (Terra) cryptocurrency if you’re not afraid to leave of the familiar territory claimed by the largest cryptocurrencies like Bitcoin and Ethereum. As forever with crypto, keep in mind the risks, that which over with traditional investments, however because it stands currently, there’s reason to believe that positive Luna worth forecasts will emerge.
luna coin price prediction 2025
In 2025 Terra Luna price might be minimum : $350, maximum : $400 , these are according to the its past records .
When will Terra Luna hit $1000?
According to experts nearby 2028 Terra Luna will hit the mark of $1000.
What is the marketcap of Terra Luna ?
For now the marketcap of Terra Luna is $25,859,047,785.
What is the total supply of Terra Luna token ?
The total supply of Terra Luna token is : 855,598,274