Crypto Analyst On Terra ($LUNA): I Can See Price Hitting $100 By Year End

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ٹیرا ($LUNA) پر کرپٹو تجزیہ کار: میں سال کے آخر تک پلاٹو بلاکچین ڈیٹا انٹیلی جنس کی قیمت $100 تک پہنچتے دیکھ سکتا ہوں۔ عمودی تلاش۔ عی

حال ہی میں، کرپٹو اثر انگیز "سکہ بیورو" ("@coinbureau” on Twitter) explained why he is so bullish on $LUNA — the native token of algorithmic stablecoin platform زمین — and gave his year-end price target for $LUNA.

بائننس ریسرچ کے مطابق, Terra is a Proof of Stake (PoS) blockchain. They also say that $LUNA is “used in the issuance of stablecoins (TerraSDRs), as a price stability mechanism, as well as for staking and network governance.”

Work on Terra, which was developed by South Korean blockchain company Terraform Labs (founded in January 2018 by Daniel Shin and Do Kwon), started in January 2018, and the Terra mainnet شروع 23 اپریل 2019 پر.

ایک ویڈیو released on his very popular YouTube channel on March 1, Coin Bureau had this to say about Terra:

"Terra has found a unique way to mint stablecoins that are pegged to various fiat currencies in a decentralized manner. The circulating supply of Terra’s US dollar stablecoin, UST, has doubled over the last month and has consequently become one of the largest stablecoins by market cap."

انہوں نے کہا:

"I think this is one of the most exciting cryptocurrency projects I’ve seen in some time and part of me regrets not covering Terra sooner. The founders are legit – Terraform Labs is constantly innovating, and a lot of progress has been made since the Terra mainnet went live in 2019."

[سرایت مواد]

ابھی حال ہی میں، ایک میں ویڈیو released on August 10, Coin Bureau told his YouTube channel’s more than 1.23 million subscribers:

Although he does not have any $LUNA holdings at the moment, he is “seriously considering” putting money into $LUNA.
Terra’s TerraUSD (UST) stablecoin is currently “the fastest growing stablecoin” with a market cap that has grown ten-fold so far this year.
$LUNA is used for collateralising UST, with $1 worth of $LUNA being “always convertible to 1 UST.”
One of the main reasons for UST’s popularity is the huge popularity of the the following two Terra-powered applications: عکس اور لنگر.
Demand for UST drives demand for $LUNA and since the latter is burned every time that the former is minted, this has a “deflationary effect”.

As for his year-end price target for $LUNA, he said:

"Now call me crazy but I could easily see LUNA hit $100 by the end of the year if its adoption and innovation continues... The only reason why I am reluctant to invest in LUNA is because all of Terra’s protocols have not been sufficiently battle-tested and it seems to be relatively centralized compared to similar projects. This means that Terra could be vulnerable to regulatory crackdowns…"

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ڈس کلیمر

مصنف، یا اس مضمون میں مذکور کسی بھی لوگوں کے خیالات اور آراء کا اظہار صرف معلوماتی مقاصد کے لیے ہے، اور وہ مالی، سرمایہ کاری، یا دیگر مشورے پر مشتمل نہیں ہیں۔ کرپٹو اثاثوں میں سرمایہ کاری یا تجارت کرنا مالی نقصان کے خطرے کے ساتھ آتا ہے۔