Terra builts itself as a next-generation blockchain payment network powered by its own LUNA token and interwoven with stablecoins. Terra is a layer-1 blockchain protocol with smart-contract capabilities that functions as a payments-focused fintech ecosystem utilising algorithmic stablecoins, the value of which is kept stable by internal algorithms.

Daniel Shin and Do Kown founded Terra, as well as Terraform Labs, the South Korean firm driving the Terra ecosystem, in 2018. Terraform Labs raised $32 million in funding, with Binance Labs, OKEx, Huobi Capital, and Dunamu & Partners, the investment arm of Seoul-based crypto exchange Upbit, among the major investors.

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Terra's native currency, LUNA, is utilised for staking, governance, and collateral for the network's algorithmic stablecoins. Holders of LUNA coins can stake their tokens to gain incentives and use their weight to vote on ecosystem governance initiatives. LUNA has a 1 billion coin supply that is constantly changing. If that quantity is exceeded, the protocol will automatically burn LUNA tokens.

LUNA is now the 9th-largest cryptocurrency by market capitalization, with a value of $24.4 billion dollors at the time of publication, when the coin was trading for $62.84 dollors. The token is critical to the ecosystem's collateralizing process, which ensures that the price of Terra stablecoins remains stable. This is why LUNA is built with a dynamic supply that changes in accordance with the protocol's collateralization mechanism.

• Exchanges

Terra (LUNA) coin is available on a number of popular cryptocurrency exchanges, including Binance, FTX, Bithumb, Huobi Global, Kucoin, Gate.io, MEXC, Coinone, OkEX, Wazirx, bybit, bitfinex, kraken, Gemini and many others. Below, you can see the screenshots of exchanges that lists LUNA coin.

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🔵 Fundamental Details

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According to the website Coinmarketcap, Terra (LUNA) is currently priced at 66.98 dollors at the time of writing. It had a large trading volume of $5,653,990,067.76 in the previous 24 hours. It has a 1.48 percent market share. It is ranked 9th in the market. It has a market capitalization of $25,440,071,670.48 dollars and a fully diluted market capitalization of $52,966,288,806.63 dollars. It reached an all-time high of 103 dollors two months ago. It reached an all-time low of 0.12 cents two years ago. Terra's return on investment (ROI) is 3806 percent. It has a total supply of 382,143,781 LUNA in circulation. It has a total supply of 795,624,248 LUNA and a maximum supply of None.

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Name	Terra (LUNA)
Terra Price	$66.98
Market Rank	#9
24h Low / 24h High	$50.52 /$67.80
Trading Volume24h	$5,653,990,067.76
Market Dominance	1.48%
Market Cap	$25,440,071,670.48
Fully Diluted Market	Cap$52,966,288,806.63
All Time High	Dec 27, 2021 (2 months ago)$103.33
All Time Low	Mar 13, 2020 (2 years ago)$0.1201
Terra ROI	3806.3%
Circulating Supply	382,143,781 LUNA
Total Supply	795,624,248 LUNA
Max Supply	No Data

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Why are you optimistic on this token today, and how long do you think it can rise?

There are several grounds for my positive outlook on this coin. First and foremost, it has a rank of 9 and is among the top ten. It has a market dominance of 1.48, which is also a good thing. It is available on practically all exchanges, which is a positive feature. It has a market capitalization of more than 15 billion dollars, so you can imagine how many people trust in it. Another feature is that there is a sizable community of holders.

It also has its own stable coin, UST, which has a market capitalization of almost $2 billion. Its all-time high is 100 dollars, which is incredible. This coin's team is likewise a hardworking bunch. So, these are some of my grounds for optimism on that coin, and if we talk about how long it may increase, it could reach 200 dollors by the end of 2022, in my opinion.

How to analyze the token? (using the analysis knowledge learned from professors’ courses) —important part.Your plan to hold it for a long time or when to sell?

For today's transaction, I've chosen the LUNA / USDT pair. LUNA, in my opinion, is a brilliant project of Terra company. In the future, LUNA has the potential to be a great success. It's also worth noting that the Terra company's native currency is the LUNA token.

As a result, I go to Trading View to perform a technical analysis on this currency. I utilize two EMAs (exponential moving averages), each with a duration of 20 and 50 and with a color of blue and green as we can seen in the pictures below. According to my observations, the EMA 20 crosses the EMA 50 and rises upward after a period of time, providing a bullish signal. I also draw support and resistance levels for a better understanding. In the 30 m timeframe, I placed my stop loss near the strong support, as shown in the screenshot below. As a result, I log into my Binance account and, based on my technical analysis, place a purchase order.

I entered in LUNA at the price of 66.69 dollors with 32 USDTs and exit from it at the price of 67.29 dollors with a profit of 26 cents. As we can seen in the pictures below.

So in the pictures above you can see that i purchase LUNA at the price of 66.69 and sell it at the price of 67.29 dollors and generate 32 cents.

Do you recommend everyone to buy? and the reasons for recommending/not recommending.

No, I will not recommend this coin to anyone because we all know that the market for cryptocurrency is very risky and there is so many dangers in it. And nowadays the market sometimes goes up and sometimes it goes down and in this situation if a person buy this coin and market unfortunately goes down then he can be face a loss. And not everyone has the same mind. Some people suffer losses and some people can't. That is why before buying any coin please do your own research. And always buy any crypto coin on your own behalf after the complete study about that. At last, I am not your financial adviser so please buy any coin with proper risk management.

Anything other users want to share about the token/project.

Terra is one of the most popular blockchains for collecting revenue, and its popularity is expected to grow in the future years. Secondly, Terra's design is also rather unique, as it differs from the approach taken by many other stable coins that use a fiat-collateralized system to peg. Terra's stablecoins also benefit from the mechanism's greater decentralisation. Terra can easily cover the costs connected with its decentralised process and risk compensation as long as transaction fees are sufficient.