CMC Shows That LUNA Is Close To Setting a New All-Time High -Breaking
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CMC shows that LUNA is close to setting a new all-time high- (LUNA) has made it onto CoinMarketCap’s trending list and is occupying the 10th spot.
- Within 24 hours, LUNA’s price increased by 8.36%.
- If this momentum continues, LUNA will be very close to surpassing its all-time record.
Terra (LUNA) has made it onto CoinMarketCap’s trending list and is currently occupying the 10th position. Currently, LUNA sits between PancakeSwap(CAKE), in the 9th place and Oasis Networks (ROSE), in the 11th spot on the list.
LUNA experienced a notable 8.36% price rise in the last 24 hour, pushing its price to approximately $96.19 (or 0.002375). To put this into perspective, LUNA’s all-time high price was $97.28, so the coin is not far off from challenging its best and potentially setting a new high.
LUNA also has performed well over longer time periods, with a 7.13% growth over seven days as well as a overall 5.92% rise in the last month.
CoinMarketCap reports that LUNA traded at $2,510 329,217 in the past 24 hours. Currently there is 347,374,264.96 LUNA in circulation and LUNA’s market cap stands at $33,409,587,377. When comparing all the project market caps, this makes it the 7th largest crypto-related project.
Terra Luna is attracting a fair amount of investor attention and hype within the crypto community in recent months. Its price has also been performing during a period believed to be the start of ‘crypto winter’. Currently, LUNA has the third largest BTC holdings.
The bullish outlook for LUNA may see it challenge its highs very soon. The project’s stablecoin — UST, could also become the stablecoin of choice over in the near future.
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