Welcome to bulliscoming media terra luna price prediction. The live Terra luna price today is $51.73 USD with a 24-hour trading volume of $3,587,625,690 USD. Terra is down 4.57% in the last 24 hours. The current CoinMarketCap ranking is #9, with a live market cap of $20,723,604,667 USD. It has a circulating supply of 400,613,496 LUNA coins and the max. supply is not available.
In thiss article, we would under go brief overview of Terra and Terra luna price orediction in different year’s.
Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements.
Development on Terra began in January 2018, and its mainnet officially launched in April 2019. As of September 2021, it offers stablecoins pegged to the U.S. dollar, South Korean won, Mongolian tugrik and the International Monetary Fund’s Special Drawing Rights basket of currencies — and it intends to roll out additional options.
Terra’s native token, LUNA, is used to stabilize the price of the protocol’s stablecoins. LUNA holders are also able to submit and vote on governance proposals, giving it the functionality of a governance token.
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