Earth-native token Luna is the biggest gainer among the top 20 coins by market cap today. This has been true for him for a few weeks now. Look no further than this short article for the details on Terra, how it is worth buying and the best places to buy Terra now.
Top places to buy Earth now
As LUNA is such a new asset, it has not yet been listed on major stock exchanges. You can still buy LUNA using a DEX (decentralized exchange), which just means there are a few extra steps. To buy LUNA now, follow these steps:
1. Buy ETH on a regulated exchange or broker such as eToro ›
We suggest eToro because it is one of the world’s leading multi-asset trading platforms, an all-in-one exchange and wallet with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other service out there.
2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask
You will need to create your wallet, get your address and send your coins there.
3. Connect your wallet to Uniswap DEX
Head over to Uniswap, and ‘connect’ your wallet to it.
4. Now you can exchange your ETH for LUNA.
Now that you are connected, you will be able to exchange hundreds of currencies, including LUNA.
What is Earth?
Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payment systems. It claims to combine the borderless benefits of cryptocurrencies with the day-to-day price stability of fiat currencies. It maintains its one-to-one peg through an algorithm that automatically adjusts stablecoin supply based on its demand. It does this by encouraging LUNA holders to exchange LUNA and stablecoins at profitable exchange rates to expand or contract stablecoin supply to meet demand. The LUNA token and the UST are mutually dependent, as the success of the Terra ecosystem is a function of the adoption of the UST as a stablecoin. LUNA supports UST and gets burned when demand for UST increases. After upgrades like Columbus-5, LUNA supply could become highly deflationary in the long run. The LUNA value may also decrease if the UST is perceived as unstable.
Should I buy Earth today?
Nothing can replace doing your own research. Any investment decision you make should be based on your market experience, your attitude to risk and the characteristics and distribution of your portfolio. Also consider how you would feel about losing money.
Earth price forecast
Wallet Investor expects a long-term increase. Its price prediction for March 2027 is $532.41. A five-year investment will generate gains of around 472%. If you invest $100 in Terra now, it could reach $572 in 2027.
Earth on social media
#MOON gives us a clear market structure, and a bounce from the supply zone to $86-$90 to create the next Higher Low can be the next move. If we see the retest of these Fibonacci levels, the targets will be $106, $120, and $130. pic.twitter.com/0ixbZxYIuh
— Bitcoinsensus (@Bitcoinsensus) March 11, 2022