The Terra Ecosystem is pushing for major expansion and growth with the latest announcement of the LUNA Foundation Guard (LFG). This is a Singapore-based non-profit with a mission objective to support and sustain the growth of open-source technology. The primary focus of the LFG will be building reserves and safeguarding the UST peg during volatile
Terra (LUNA) has become one of the biggest gainers in the crypto market over the past month and now the whole ecosystem seems to be expanding in sync. A decentralized stablecoin working on the LUNA network has reached a market cap of $10 billion, making it the first decentralized stable currency to achieve the feat.
Well, Terraform Lab’s native cryptocurrency LUNA is clearly dodging the broader crypto market. While heavyweights like Bitcoin (BTC) and Ethereum (ETH) are moving sideways, LUNA has touched a new all-time high gaining another 10% and moving past $81. The weekly gains for Terra LUNA stand at a staggering 31% as it makes way into the
After a massive correction and bloodbath on late Friday, December 3, the crypto market is showing signs of recovery. However, the fastest to recover has been Terraform Labs’ native cryptocurrency LUNA. As of press time, LUNA is trading 32% higher at a price of $72.71 with a market cap of $27.8 billion. This has helped