Highlights
- Terra (LUNA) among the top 10 cryptocurrencies in the world
- Its market cap has reached close to $26 billion.
- Ahead of Dogecoin, Shiba Inu, Avalanche, Polygon
- It has climbed more than 15,000 percent in a year
The recent volatility in the cryptocurrency market has seen many major ups and downs. Meanwhile, Terra (LUNA) managed to make it to the top 10 cryptocurrencies in the world. Its market cap is close to $26 billion and has surpassed Dogecoin, Shiba Inu, Avalanche, Polygon and Crypto.com Coin. It is believed that soon it can also overtake Polkadot, which has a market cap of about $ 29 billion.
Terra is one of the best performing cryptocurrencies this year. It has climbed more than 15,000 per cent in the last one year. Its price was less than half a dollar a year ago but it has reached an all-time high of $75.56. According to data from Coinmarketcap, it has gained 12,000 percent this year. That is, if you had invested Rs 10,000 in it on January 1, 2021, then today its value would have been Rs 12,00,000. On Wednesday morning this crypto was trading at $68-70. Experts say that it may increase further in the coming days.
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bitcoin price
Meanwhile, bitcoin, the world’s largest, most popular and oldest cryptocurrency, was trading at $50232, down 1.62 percent. According to crypto exchange WazirX, the world’s second largest crypto Ethereum was also down 0.87 percent at $4317. Dogecoin, which started as a joke, has also fallen by 1.05 percent.
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