LUNA Gained 28% Value in Just 1 Day, Became One of the Best Performing Tokens in the Last 24 Hours

LUNA Becomes the Best Coin to Invest Now

The price of several major coins plummeted by 15% after Vladimir Putin announced to start the war on Ukraine by sending troops into the sovereign country on Thursday. However, by Friday morning, the market had stabilized and recovered.

LUNA, the coin that lost the least when the invasion destabilized the markets, gained an incredible 28% from Thursday morning to Friday.

LUNA’s price had increased by 28%, bringing it to $68. Even after the crypto market crash, it has been one of the best performing cryptos in the last 24 hours. Furthermore, despite the crypto market collapsing and major cryptocurrencies losing a significant portion of their market capitalization, LUNA has been able to limit its losses.

LUNA is now trading at $68 after a 20% gain. Terra’s UST token, which is a stable token from the Terra family, is the main reason for its outperformance against all other cryptos. On Wednesday, UST Stablecoin received a $1 billion Bitcoin Reserve. LUNA became the best-performing token in the last 24 hours as a result of the news.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Hazel

CoinCu News