LUNA 2.0 Token Jumps 200% Higher Against the US Dollar in 24 Hours

While integer currencies jumped successful worth during the aboriginal greeting trading sessions connected Friday (ET), the caller Terra token, LUNA 2.0, jumped much than 200% successful worth against the U.S. dollar. LUNA jumped from a debased of $1.90 per portion to a precocious of $6.87, but the token’s worth has slipped to the $5.41 per portion scope pursuing the high.

Terra’s Phoenix Blockchain Token LUNA Rallies by 200%

• Bitcoin managed to leap 9.4% higher today, rallying supra the $21K portion portion ethereum accrued 4.9%, surpassing the $1,700 per portion range. Amid these jumps, Terra’s LUNA, the caller luna token issued by the Phoenix blockchain, accrued much than 200% connected Friday against the USD.
• Presently, LUNA is up 175.2% aft dropping from the 24-hour precocious connected Friday. 14-day stats bespeak LUNA has accrued 224.1% against the dollar and the coin has an wide marketplace valuation of astir $978 million.
• Since the spike LUNA has seen $2.55 cardinal successful planetary commercialized measurement connected Friday arsenic it’s the seventh largest measurement retired of each the coins successful beingness today. Luna classical (LUNC) is the sixth largest token successful presumption of 24-hour commercialized measurement arsenic LUNC has printed $2.81 cardinal successful planetary trades.

• LUNC is up 69.5% during the past 7 days, but it mislaid 13.6% during the past 24 hours. The once-stable coin UST (now known arsenic USTC) is adjacent to a U.S. nickel successful worth astatine $0.047 and has accrued by 4% against the dollar connected Friday.
• USTC jumped 27.3% during the past 7 days and two-week statistic amusement USTC is up 55.9%. Terra’s erstwhile stablecoin has a $461.67 cardinal marketplace headdress and $211.24 cardinal successful planetary commercialized measurement today.
• 57% of LUNA trades contiguous were swapped with tether (USDT) which was followed by BUSD with 32% of each LUNA swaps. The Turkish lira (TRY) has 7.15% of each LUNA trades contiguous which is followed by USDC’s 2.27%.
• The U.S. dollar represents 0.83% of each the planetary LUNA swaps connected Friday followed by EUR, ETH, and USDD.

• Terra 2.0’s decentralized concern (defi) full worth locked besides doubled successful size connected Friday jumping from $24.72 cardinal to $51.48 million. Riskharbor and Astroport are Terra’s largest defi applications successful presumption of TVL.
• Riskharbor presently commands $33.59 cardinal successful worth portion Astroport captures $16.7 million. The Terra defi exertion Stader presently has $2.61 cardinal locked, according to defillama.com metrics connected Friday.

What bash you deliberation astir Terra’s LUNA 2.0 jumping much than 200% successful worth connected Friday? Let america cognize what you deliberation astir this taxable successful the comments conception below.