What is Luna (LUNA)?

Luna is the now almost entirely collapsed token that previously made the Terra-Luna blockchain tick. Established in 2019, the idea was actually pretty good: Build a system of stablecoins to support e-commerce uses. This worked well... until it did't. In May 2022, mass withdrawals of TerraUSD, Luna's stabletoken counterpart, triggered a collapse of both Terra and Luna, wiping out a record breaking $80 billion in the crypto markets. Listen to our podcast below for the full story!
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Cryptohunt's Opinion

Our take on Luna

We urge you to be careful about Terra. We are also not bullish about any rebirth of the token. While we still think the original idea – having a system of stabletokens with an e-commerce focus - was great and tried to solve a real problem, but we have doubts it'll ever gain the market's trust back.
Disclaimer: In full transparency, we originally liked the Terra-Luna idea, but said about the system: While the algorithmic stablecoin approach benefits scale, basing price stability on an inherently volatile underlying asset does give us some concern.
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How do you feel about Luna?

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Listen to "What makes Terra Luna special?"
Learn about Terra Luna, an interesting project trying to bring crypto to online payments everywhere. · 2 mins
What makes Luna special?
Luna is a on its own, uses to validate transactions, and is. Luna also supports.

Interesting facts about Luna

Here are some facts you may not already know about Luna. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
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Terra is already adopted as payment method in South Korea throug a partnership with Chai.

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Terra's founders are succesful ecommerce entrepreneurs, explaining why they care about making payments easier.

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Terra's unique focus is to provide a group of stable coins for easier payments.

Luna reviews from the cryptohunt community

There are no reviews for Luna yet. Be the first one to make some noise!

Luna price and insights

See how much Luna is worth and learn from other insightful metrics
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Community Reviews
Based on 3 community reviews
0% feel totally fine about Luna today
0% think this is a great investment
0% believe in the potential
0% say the development team is great
0% say the community is great
Market insights
Market capitalization
Very small
24 hour trading volume
Very small
Market cap % of total
Very small
Project health
# Discord members
41,433
12% of them are active
# Telegram members
113,691
4% of them are active
% of total supply circulating
Very small

What’s the community like?

Community matters for projects like Luna, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.
# Discord members
41,433
# Active Discord members
4,931
# Telegram members
113,691
# Active Telegram members
4,106

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