Sun. Aug 14th, 2022

  • LUNA has seen its trading volume grow 22% in the past 24 hours.

  • ANC's trading volume has increased 44% in the past 24 hours.

  • MIR's trading volume increased by 27% over the same period.

Terra (LUNA) is a blockchain protocol that uses FIAT-linked stablecoins to create price-stable global payment systems.

Anchor Protocol (ANC) is a savings protocol that offers low volatility when it comes to stable Terra currency deposits.

Mirror Protocol (MIR) is a synthetic asset creation platform operated by the Terra network.

Should you buy Terra (LUNA)?

On November 25th, Terra (LUNA) was valued at $ 41.53.

To get a better idea of what exactly this means for the token, we will compare its current value with its all-time high as well as its performance in October.

In relation to its all-time high, the token had its ATH point on November 8, valued at $ 54.77. Here we can see that the token's ATH value was $ 13.24 higher than it was on November 25th.

In October, LUNA was valued at $ 46.6 its highest value on October 4th.

On October 17, the token saw a price of $ 35.38, which was its lowest value.

Here we can see that the token's value fell 24%, or $ 11.22, before rising back to its value of $ 41.53.

With that in mind, we can expect Terra (LUNA) to climb to $ 50 by the end of December, making it a worthwhile buy.

Should You Buy Anchor Protocol (ANC)?

On November 25, the Anchor Protocol (ANC) was valued at $ 2.99.

To get a better idea of what exactly this means for the token, we will compare its current value with its all-time high as well as its performance in October.

Its all-time high was on March 19 when the ANC was valued at $ 8.23. At its ATH value point, the token was worth $ 5.24, or 175%, higher than it was on November 25.

The token's highest value point was on October 4th when it hit a value of $ 3.42.

ANC saw its lowest value on October 13, when the token fell to USD 2.7.

Here we can see that the token lost $ 0.72, or 21%, in value before climbing back to $ 2.99 on November 25th.

With that in mind, ANC has the potential to hit $ 3.2 by the end of December, making it a solid buy.

Should You Buy Mirror Protocol (MIR)?

On November 25, the Mirror Protocol (MIR) was valued at $ 2.72.

To get a better idea of what exactly this means for the token, we will compare its current value with its all-time high as well as its performance in October.

In relation to the all-time high, MIR hit $ 12.90 on April 10th. Here we see that the token was up $ 10.18, or 374%, on April 10th than it was on November 25th.

If we go through the token's performance in October, the highest point was on October 7th when it hit a value of $ 3.54.

Its lowest price was on October 12th when it hit $ 2.7. Here we can see that the value of the token is down by $ 0.84, or 23%.

However, the token has the potential to hit $ 3.5 by the end of December, making it a solid buy at $ 2.72.

The post Top 3 Terra Ecosystem Tokens to buy on November 25th: Terra (LUNA), Anchor Protocol (ANC) and Mirror Protocol (MIR) appeared first on BitcoinMag.de .

By Dov Herman

Dov is a Blockchain and Forex trading enthusiast, who spends most of his time trading and examining software who are related to cryptocurrencies and forex trading. You can follow on Dov’s reviews and articles here on TrustedBrokerz and across the web.