LUNA Price Analysis December 2021

$LUNA is a token of platform Terra. Its price is around $92.91 by the time of writing, was at $0.4527 at the start of 2021, and has a market cap of 34 billion dollars.

Luna Price Analysis December 2021
LUNA Price Analysis December 2021

What is Terra?

Terra is a blockchain platform that enables mainstream adoption of cryptocurrency technology by providing one-click payment methods, reducing reliance on traditional financial institutions.

It is a wallet with a global network of cold storage nodes. Terra is a multi-sig, hierarchical deterministic wallet designed for storing, sending, and receiving encrypted digital assets. Terra aims to change how they build and operate applications by making them cheap, fast, robust, and easy to maintain.

Terra is a platform for building and running decentralized applications with a built-in crypto payment system. It was built by the programming language called Lua. Kyriakos Eleftheriou founded it in 2019. Terra is offering partnerships with various prominent brands in different sectors, thus opening up crypto for new people who have never invested in digital currencies before.

What is $LUNA?

$LUNA/USDT is the coin of the Terra platform, which is around $92.91 by the time of writing which was at $0.4527 at the start of 2021. Its current ranking is #9 according to CoinMarketCap, with a market cap of 34 billion dollars.

It reached a high of $97.88 in 2021 with a low of $0.4527. The terra blockchain powers Luna, It is a cryptocurrency focused on providing secure and reliable storage for the future. Luna is designed to be easy and cheap to use and maintainable in the long term.

Luna is a cryptocurrency that intends to revolutionize buying and selling goods. Luna is a next-generation payment solution, which allows making transactions between any two parties in a decentralized manner.

$LUNA Coin Market Analysis 

It has a total supply of 842,050,349 coins worth around $92.91 with a market volume of 4 billion dollars, whereas the market capitalization is 34 billion dollars at the time of writing.

$LUNA Price Prediction

On the 1D timeframe, LUNA has done a breakout from the bullish flag and shows a strong uptrend aiming for 100+ zones (Late to enter).

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$Luna Price Prediction
$LUNA Price Prediction

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Nothing in this article is financial advice, and you should only invest in the market you believe is suitable for your portfolio.

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Pratyaksh