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Terra (LUNA) Made New All Time Above $100, Takes 9th Position in Top 10 Surpassing Polkadot (DOT)

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Terra (LUNA) has broken the $100 mark, setting a new all-time high. Market capitalization exceeded $36 billion.



According to CoinGecko, the new all-time high was $100.84.

terra new all time high

Over the past seven days, LUNA’s price increased by more than 55% and moved up to ninth place in terms of capitalization with a market cap of $36,401,319,454.

terra in top 10 crypto

The LUNA price reached a historic milestone after the announcement that the Terra community has initiated a new decentralized name service, and an airdrop of its new TNS token is on the way.

17.7% of the tokens will be airdropped to eligible users. The filtering process will be announced on 23 December 2021 (12:00:00PM UTC)

 

In December, the total value locked (TVL) in the Terra exceeded $18 billion. According to stats, Terra is in second position only after Ethereum in terms of TVL. Backed by the native LUNA token, the algorithmic stable coin UST is a key element of Terra. Over the past seven days, LUNA has also grown by almost 41%.

Kraken also announced the LUNA listing on Dec 15th, opening deposits. Trading became live on DEC 16th.

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Ammarahttps://thecryptobasic.com/
Ammara Mubin is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry ‚ÄĒ from price analysis to Blockchain disruption. Ammara authored more than 1,000 stories for TheCryptoBasic, CryptoComes and other fintech media outlets. She is particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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