Terra – Time To Buy Crypto

Is it a good time to buy Terra right now?

Current Price: $2.06

Average Daily Volume

Terra is currently ranked number 108 worldwide with a daily trading volume of $59,997,751.00, which it will make it super easy for you to sell your holdings of Terra.

Rating: 5/5

Market Cap

Terra has a total market cap of $438,835,805.00.

Rating: 5/5

Community

Terra has 986,656 total followers in all its social media accounts.

Rating: 5/5

All Time High

Terra is currently -89.11% from its highest price $18.87 on 2022-05-28.

Rating: 5/5

Price Potential

The Terra price has the potential to increase to $496.26 during the next cryptocurrency bull market, which may occur within the next five years.

Overall Score

Our algorithm believes it is an excellent time to invest in Terra right now.

Overall rating: 5/5

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What Is Terra?

Terra 2.0 which will assume the Terra name is a new blockchain launched by Terraform Labs as part of the passing of governance proposal 1623.

The Terra protocol is a decentralized and open-source public blockchain protocol. Luna is the Terra protocol’s native staking token used for governance and mining.
Users stake Luna to validators who record and verify transactions on the blockchain in exchange for rewards from transaction fees.

The Terra 2.0 chain will not have a stablecoin and holders of the old Terra Classic chain will be airdropped new Luna native coins.
In the plan, developers of the Terra ecosystem are to migrate and deploy their dapps on the new blockchain.

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