Terra blockchain became second

The live Terra price today is just under $82 with a 24-hour trading volume of $3.6 billion. Luna, the native token of Terra, is up 10% in the last 24 hours. This guide explains what Luna is, whether you should buy Luna, and the best places to do so.   

Top places to buy Luna now

eToro

eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.

Open Account

Nexo

Since 2018 Nexo has strived to bring professional financial services to the world of digital assets. Leveraging the best of the team's years of experience in FinTech along with the power of blockchain technology, Nexo empowers millions of people to harness the value behind their crypto assets, shaping a new, better financial system.

Buy LUNA with Nexo today

What is Luna?

Luna is the token of Terra, 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.

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.

Should I buy Luna today?

Luna can be a good investment if you’re making an informed decision. Read price analyses and predictions before making a commitment that will affect your finances.    

Luna price prediction

Wallet Investor predicts the LUNA price can go up to $167 in one year. The potential profit is 106 in one year. In five years, LUNA will be worth $532.

Luna on social media

$LUNA #LUNA 3rd time coming close to that ATH. Small consolidation over there and boom she goes. RSI is encouraging above 60 and MACD flipping green soon again. Volumes are rising as well. Chart tells it all. You know it well if you know it 🙂#BINANCE #priceaction #Tothemoon pic.twitter.com/0jhluWZkx1

— Joe (@Joejeyaraj) December 18, 2021