{"id":12113,"date":"2022-05-13T10:49:32","date_gmt":"2022-05-13T10:49:32","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/index.php\/2022\/05\/13\/heres-where-to-buy-luna\/"},"modified":"2022-05-13T10:49:32","modified_gmt":"2022-05-13T10:49:32","slug":"heres-where-to-buy-luna","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/heres-where-to-buy-luna\/","title":{"rendered":"here&#8217;s where to buy LUNA"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<p>Following the Terra\u2019s TerraUSD (UST) stablecoin misfortunes after it de-pegged from the US Dollar, the price of LUNA, which is Terra\u2019s native token, has crashed from above $80 to about $0.023. The fiasco surrounding the UST has sent shock waves across the entire crypto market and specifically the algorithmic stablecoins.<\/p>\n<p>Following the UST de-pegging, the co-founder of Terraform Labs, Do Kwon, announced a \u201crecovery plan\u201d in a series of tweets, saying the company would seek additional outside funding and \u201crebuild\u201d TerraUSD so that it is collateralized.<\/p>\n<p>Today, in the evening, the Terra blockchain was officially halted at a block height of 7603700 to prevent governance attacks following severe LUNA token inflation and a significantly reduced cost of attack.<\/p>\n<p>To help investors and traders who want to take advantage of the current Terra (LUNA) dip by purchasing it at its current low price, Coinjournal has created a brief article to help with identifying the best places to buy it.<\/p>\n<p>To find out more, please continue reading.<\/p>\n<h2>Best places to buy Terra (LUNA)<\/h2>\n<h3>eToro<\/h3>\n<p>eToro is one of the world&#8217;s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It&#8217;s social copy trading features make it a great choice for those getting started.<\/p>\n<p>\n <a href=\"https:\/\/coinjournal.net\/visit\/etoro-crypto?guid=NTEzNjA&amp;component=simple-table&amp;language=en&amp;country=CY&amp;position=1&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n  Buy LUNA with eToro today<br \/>\n  <\/a><br \/>\n  <button class=\"o-flex o-items-center o-mt-2 o-text-sm o-text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptoasset investing is unregulated in most EU countries and the UK. No consumer protection. Your capital is at risk. CFD crypto trading is unavailable for clients residing in the UK and US.\" aria-expanded=\"false\"><br \/>\n <span class=\"o-border-b o-border-gray-600 o-border-dotted\">Disclaimer<\/span><br \/>\n <span class=\"o-ml-1\"><br \/>\n <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\"><path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/><\/svg><\/span><br \/>\n <\/button>\n <\/p>\n<h3>Bitpanda<\/h3>\n<p>BitPanda is a Bitcoin broker based in Austria. It offers a wide range of payment methods and has good prices. <\/p>\n<p>\n <a href=\"https:\/\/coinjournal.net\/visit\/bitpanda-crypto?guid=NTEzNjA&amp;component=simple-table&amp;language=en&amp;country=CY&amp;position=2&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n  Buy LUNA with Bitpanda today<br \/>\n  <\/a>\n <\/p>\n<h2>What is LUNA?<\/h2>\n<p>LUNA is the native cryptocurrency of the Terra blockchain.<\/p>\n<p>The Terra blockchain uses fiat-pegged stablecoins to power a stable global payment system. In a nutshell, Terra leverages the stability of Fiat currencies and the decentralized nature of Bitcoin (BTC) to offer fast affordable settlements using stablecoins.<\/p>\n<p>Besides its recently released native stablecoin, TerraUSD (UST), a number of other stablecoins pegged on the US Dollar, the South Korean Won, the Mongolian tugrik, and the International Monetary Fund\u2019s Special Drawing Rights basket of currencies have been developed and deployed using Terra blockchain<\/p>\n<p>Besides LUNA being used as a stabilizer of the various stablecoins developed via Terra, LUNA holders can also vote on Terra governance proposals.<\/p>\n<h2>Should I buy the LUNA coin today?<\/h2>\n<p>If you are looking for a cryptocurrency that has taken a massive dive over the past few days, then LUNA could be a good choice.<\/p>\n<p>Despite the coin offering a great opportunity if it recovers, it is still not clear how far the price of LUNA will go. The coin has been dropping by almost 100% every day in the past four days.<\/p>\n<h2>LUNA price prediction<\/h2>\n<p>There are fears that the price of LUNA could slide below $0.01 before attempting a comeback, which would require a lot of work from the team behind the project as they actualize the proposed \u201crecovery plan.\u201d<\/p>\n<h2>Terra social media coverage\u00a0<\/h2>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The Terra blockchain has resumed block production.<\/p>\n<p>Delegations are disabled now that the chain is live with the new code merge. <\/p>\n<p>Validators, please check the Discord announcements for the latest patch notes. <a href=\"https:\/\/t.co\/CGQgfMDWQe\">https:\/\/t.co\/CGQgfMDWQe<\/a><\/p>\n<p>\u2014 Terra (UST) \ud83c\udf0d Powered by LUNA \ud83c\udf15 (@terra_money) <a href=\"https:\/\/twitter.com\/terra_money\/status\/1524812171179327488?ref_src=twsrc%5Etfw\">May 12, 2022<\/a><\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">1\/ The prevailing peg pressure on <a href=\"https:\/\/twitter.com\/search?q=%24UST&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$UST<\/a> from its current supply overhang is rendering severe dilution of <a href=\"https:\/\/twitter.com\/search?q=%24LUNA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$LUNA<\/a>. <\/p>\n<p>The primary obstacle is expelling the bad debt from UST circulation at a clip fast enough for the system to restore the health of on-chain spreads.<\/p>\n<p>\u2014 Terra (UST) \ud83c\udf0d Powered by LUNA \ud83c\udf15 (@terra_money) <a href=\"https:\/\/twitter.com\/terra_money\/status\/1524654726432043008?ref_src=twsrc%5Etfw\">May 12, 2022<\/a><\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/ust-debacle-pulls-terra-luna-from-80-to-0-024-in-a-week-heres-where-to-buy-luna\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Following the Terra\u2019s TerraUSD (UST) stablecoin misfortunes after it de-pegged from the US Dollar, the price of LUNA, which is Terra\u2019s native token, has crashed from above $80 to about $0.023. The fiasco surrounding the UST has sent shock waves across the entire [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":12114,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/12113"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=12113"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/12113\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/12114"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=12113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=12113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=12113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}