Terra (LUNA) is up 10% today, a day after listing on Wirex: here’s where to buy the coin
Terra (LUNA) has been on a very sharp rise since February 20, 2022, and a majority of analysts believe it is just a matter of time before it rallies past its all-time high of $103.33.
To help investors and traders who want to buy Terra (LUNA), Invezz has created a brief article to help with identifying the best places to buy it.
To find out more, please continue reading.
Best places to buy Terra (LUNA)Copy link to section
eToroCopy link to section
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Register with eToro instantly 77% of retail CFD accounts lose money.
Looking to invest?
Invest and trade CFD stocks, ETFs, digital assets & commodities in minutes with our highest-rated broker.
NexoCopy link to section
Since 2018 Nexo has strived to bring professional financial services to the world of digital assets. Leveraging the best of the team's years of experience in FinTech along with the power of blockchain technology, Nexo empowers millions of people to harness the value behind their crypto assets, shaping a new, better financial system.
Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today.
What is Terra (LUNA)?Copy link to section
Terra (LUNA) is the native token of the Terra blockchain.
Terra blockchain is a blockchain protocol that uses fiat-pegged stablecoins to power payment systems around the world.
LUNA holders can use the token to stabilize the price of Terra’s stablecoins and also to vote on governance proposals.
Should I buy the LUNA today?Copy link to section
If you want to invest in a cryptocurrency that is on the rise, then Terra (LUNA) is a good choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
LUNA price predictionCopy link to section
Despite its recent pullback, LUNA’s price surge has many. It was trading below $10 in July last year but it is now trading above $80 after hitting an all-time high above $100.
Analysts expect the coin to sustain the bullish momentum especially since the coin is rising at a time when majority of coins are struggling with a bear market.