Terra (LUNA) Price Prediction Analysis

It’s not a secret that the crypto space is all set to hit the mainstream soon, and every project is coming up with unique plans to survive and dominate in the market. One such asset is Terra (LUNA), which has its native token LUNA. The protocol mainly uses fiat-pegged stablecoins to power price-stable global payment services. As Terra’s constant upgrades are setting up new milestones, will the token continue its bull rally to hit new highs? This forecast will answer all the questions.

What is Terra (LUNA)?

Cryptocurrency Terra
Ticker SymbolLUNA
Market Cap$12,227,726,139 USD
Trading Volume$1,987,550,751 USD
Volume / Market Cap0.1635
Circulating Supply404,498,986.22 LUNA
Total Supply995,259,158 LUNA
(The above details stand valid as of Aug 25, 2021.)

Terra’s ecosystem uses fiat-pegged stablecoins as collateral and offers its native token LUNA that provides liquidity in volatile markets. It is a decentralized, global payment service provider. It aims to provide an alternative for people with low income who are unable to access traditional banking services because of their unstable economic situation or the lack of necessary documentation required by banks.

The ERC20 tokens powered by the Ethereum blockchain have been undoubtedly one of the most successful implementations so far. The future stability will be predominantly determined by how quickly we can transition from centralized infrastructure organizations into decentralized networks controlled by contributors worldwide, such as Terra does now!

Terra Price Analysis Trend So Far

Terra has been in a steady uptrend for the majority of its existence with 2018 being an exception. The year started strong and there was exponential growth for the first few months before it exploded at $0.09 per token in December 2017. This was followed by a massive dip to 0.02 cents from January to March 2018 with very little action during that period. April saw Terra bounce back up by about 150% past what it had traded earlier trading at around $0.06 per token which caused many analysts to believe it might be bottoming out.

Since then, LUNA has been on a highway to exponential returns riding on its simple and efficient foundational idea. Terra nurtures hope and convenience, making users’ lives worldwide easy. Terra offers many benefits to traders including the ability to set up trades instantly without having a minimum amount of coins for trade or an account that locks them into a monthly plan with fees. This has caused people to not only look forward but also invest their money in cryptocurrencies such as Terra (LUNA).

Terra Price Prediction 2021

LUNA coin has been performing well this year, driven by a bullish price movement. LUNA recently touched its all-time high of $34.6, and the bullish momentum seems to continue. Participants of trading events are eager to know what data forecasts they can expect from Terra kitty so that their investment may also bring lucrative returns as LUNA’s have had thus far.

Terra Price Prediction 2022

LUNA is poised to start riding a bullish trend throughout 2021 and continue its ascent into 2022. Somewhere between the years 2021-2022, LUNA could see an explosion in value towards $50 as its peak price point until fluctuating prices take over.

Terra Price Prediction 2025

LUNA’s revolutionary technology has made it the ultimate choice for those looking to profit from cryptocurrency without much hassle. LUNA is planning a new milestone in 2025 when all transactions will be carried out on its blockchain platform and with an estimated $80 price, there are plenty of opportunities to make that journey happen sooner than expected!

LUNA’s long-term price predictions rest on two different factors. The first would obviously be the prevailing market conditions. And the second would be the adoption of LUNA. This up-and-coming cryptocurrency plans to solve a real problem. If it is successful in doing so, the long-term price for LUNA would easily surpass $80.

How can you invest in Terra (LUNA) on Mudrex?

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It is extremely easy to use, and you can start investing in just a few clicks. Here’s how to invest in Terra with Mudrex:

  • Create/ Login to your Mudrex account;
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