Terra (LUNA) is up 10% today, a day after listing on Wirex: here’s where to buy the coin
- Terra (LUNA) is currently trading at $85.71.
- It is up 10.42% over the last 24 hours.
- Here is a quick guide on where to buy LUNA 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.
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Best places to buy Terra (LUNA)
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What is Terra (LUNA)?
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?
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 prediction
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.