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The price prediction of Terra (LUNA) illustrates that the price may reach $2.17 by the end of the financial year 2026.
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Terra LUNA crypto price is up by 4.66% in the past 24 hours and currently trades at $0.787.
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The daily chart showcases a bullish outlook above the 50-day EMA.
Terra (LUNA) is a cryptocurrency that powers the Terra blockchain, a platform designed for algorithmic stablecoins. Terra stablecoins are pegged to fiat currencies like the US dollar or euro, and their price stability is maintained through a mechanism called “burn and mint equilibrium.”
This mechanism uses two tokens, LUNA and TerraUSD (UST), to ensure that the supply of UST always remains stable. LUNA is the native token of the Terra blockchain and serves as a governance token, allowing holders to vote on proposals that affect the Terra ecosystem. It also plays a role in the “burn and mint equilibrium” mechanism, as it is burn
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