What happened to Luna crypto?

There are two stories regarding Luna crypto: the TerraUSD/UST stablecoin and the actual Luna coin. Once Luna and UST crashed, there was a total liquidity crunch in the cryptocurrency space that caused an even more catastrophic loss of value. The crypto community still hasn’t recovered.

What should you know about Luna (Luna)?

Here’s what investors should know Luna, the native token of the Terra blockchain, is up over 23% in the last seven days, according to CoinGecko. Now ranked No. 9 among the top cryptocurrencies by market value, Luna hit an all-time high on Sunday of over $103 and is currently trading at around $97. Luna started the year priced below $1.

Where can I buy Terra's Luna token?

The trickiest part of buying Terra's Luna token is finding an exchange that lists it. Most of the top cryptocurrency exchanges don't. Here are a few platforms where you can buy or trade for Luna: Binance (but only the international version, not Binance.US) Terra has picked up plenty of momentum in 2021, and it has the potential to keep growing.

Is Luna a risk if you buy Terra?

But investors should understand that Luna is also used to regulate Terra’s stablecoin pegs, which means that Luna is “in the center of the shock absorption process if something goes wrong with the stablecoins on the Terra platform,” Hougan says. That can be a risk of buying. What are the risks?