Terra (LUNA) posted 40% gains over the last 7 days, which is the highest weekly performance of all 30 top cryptos.
Terra is one of the few major green coins, with a 7% daily rise standing out among a sea of red. The last seven days have been good for LUNA, with a 40% increase in price since Monday.
If you want to buy Terra today, we’ve created this short guide to teach you about the project and show you the best places to buy LUNA.
Terra, UK and other countries: How and where to purchase
Terra rose to prominence in the cryptosphere during the bull run. As such, it is readily available from most of the top brokers and exchanges. If you want to buy LUNA coins today, sign up with one of the platforms we’ve recommended below and make a deposit. After your account is funded, you will be able to trade the top coins right away.
What is Terra?
Terra is a new-generation cryptocurrency and blockchain ecosystem. It aims to update the stablecoin market, and implement real-world solutions using cryptocurrency. Terra co-founder Do Kwon, Do Kwon, is committed to increasing adoption by bridging between the worlds crypto and fiat.
Terra is gaining a lot of popularity due to its unique stablecoin system which includes the USD pegged UST as well its payment processing functions. Payments made through Chai, an ecommerce platform in Asia, can be settled on Terra blockchain. Terra’s initial token offering in 2018 raised $32 million, and the project remains well-funded.
Should I purchase LUNA today
LUNA, one of the major cryptocurrencies, has seen gains over the weekend. Terra has risen more than 40% in the last week. Terra investors have done better than all the other top 30 coins since last Monday. This trend, combined with Terra’s ever-increasing adoption, will make buying LUNA seem easy.
LUNA 1-year chart. Source: CoinMarketCap
As can be seen from Terra’s 1-year chart, LUNA seems to be gathering momentum again. If the crypto market in general can reignite bullishness from April and May, LUNA might resume its bull streak in full and could chart new highs over $20. This could lead to a 2x increase in LUNA’s current price of $11.73.
