What is Terra?
Terra Money the project aims to powering the digital money with Blockchain Technology and wanted to create largest payment network. Terra has change traditional payment platform with efficient blockchain layer that offers low transaction cost, instant settlement for merchant and discount on purchase.
Terra payment network backed by group of different stablecoin i.e. pegged to economic currency. Terra network taking benefit from fiat and Bitcoin to create price-stable i.e. stablecoin and growth-driven i.e. fluctuating cryptocurrency. Terra stabilized price via stable mining incentives and elastic money supply with contract. Terra believe to be next generation stable foundation for Decentralized Finance. Terra’s uses smart contract that runs on WebAssembly and that gets benefit from oracle priced daa, staking rewards, on-chains swap to power dApps.
Luna is native token that used in collateralizing the mechanism of secure price stability or Terra Stablecoins. Terra uses Delegated Proof of Stake consensus mechanism that enable Staking on ecosystem, where user will be rewarded via transaction fees and seigniorage. for HODL Luna Token. Luna Holder and delegator will be the responsible for price fluctuation and ranking of Terra Crypto asset.
Terra Price Prediction
|Month & Year||LUNA Price Prediction|
|Based on||Stablecoin Payment network|
|All-time high||$1.83 USD|
|Exchange Platform||Huobi Global, Bithumb, Coinone, Kucoin, Upbit, Bittex, Bitrue, GOPAX, GDAC.|
LUNA ICO Overview
|Raised by||$10,000,000 USD|
|Date of ICO||7 march 2019|
|ICO Price||$0.8 USD|
|Partners||SOLANA, CHAI, Kambria, Tomochain, Klaytn, Monex Group, Polychain Capital, FBG Capital, Hashed, Dunamu & partners, 1kx, Kenetic, Arrington XRP Capital, Passport Capital, HOF Capital, Translink capital, Kakaoventures, GBIC, DDC, Nirvana Capital.|
Terra Price Analysis
Terra recently completed 1 year in crypto market and has started showing bullish runs after long period of interval. Last year, Terra has disappointed its investors by giving negative ROI of around -80%. Unlike other cryptocurrencies, Terra had not shown strong bullish nature in it’s ICO days rather price of Luna started dropping down after Terra has launched. And probable reason behind this could be this Luna also works on consensus algorithm.
Looking at current trend and recent bullish runs of Terra, there is a good probability of value of Luna coin shall increase in coming years. Although last year was not that much good for all crypto investors of Terra but if you are a long term investor then Terra could be not bad for those.
Will LUNA hit $1?
Expected in next year i.e. 2021.
How much LUNA will be worth in 5 years?
Can be wroth more than $5 USD
How Much Terra Worth in 2030?
Probably touch $10 USD mark.
Is Terra a Good Investment?
Yes, this year is official consider as year of Decentralized Finance.
The stablecoin insurance protocol for Decentralized Finance project. Terra believe to become one of the largest payment networks backed by Blockchain infrastructure. Terra will replace confusing payments value chain that include banks, credit cards payment and existing payment gateway. The Blockchain layer for Payment gateway can change whole scenario for business or merchant owner because most of time they face problem like late settlement, higher transaction fees, security, decentralized network and payment approval time.