The leading cryptocurrency Bitcoin (BTC), which fell sharply as the first effect of the statements from the USA, dragged the market down with it.
As of the writing of this article, Bitcoin has been pulled up to the $54,000 band and has lost 3.5% in the last 24 hours. Most altcoins have also been hit much harder than BTC. ETH fell 4.3%, while BNB tumbled 2.9%, SOL 8%, ADA 9%, XRP 3.4% and DOT 4.9%.
DOGE Gone, LUNA Arrives
With the efforts of Elon Musk this year, it has an almost permanent place in the top 10. Dogecoin (DOGE) As of now, it is in the 11th place. The reason for this is that while DOGE was down 3%, it was right behind it. Terra’s (LUNA) It is revealed as a 10% increase.
LUNA has gained 67% in 7 days and is currently trading at $ 70. LUNA, which has reached a market value of 27,041 billion dollars, is ahead of DOGE with a very small difference as of now, only this small difference can be closed from time to time and can be seen with difference.
The reasons for such a rise in the LUNA price can be expressed as important news and promises for future developments. Of course, Bloomberg’s article was also effective in the rise of the LUNA price. The article, published on December 2nd, helped the whole world get to know LUNA, and the price hike continues after the article was published.
LUNA’s development of its own NFT ecosystem could make things much easier.
*Not Investment Advice.