{"id":14589,"date":"2021-12-03T10:37:12","date_gmt":"2021-12-03T09:37:12","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=14589"},"modified":"2021-12-03T10:37:22","modified_gmt":"2021-12-03T09:37:22","slug":"luna-is-now-in-11th-place-in-terms-of-market","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/luna-is-now-in-11th-place-in-terms-of-market\/","title":{"rendered":"LUNA is now in 11th place in terms of market capitalization"},"content":{"rendered":"\n<h5 class=\"wp-block-heading\">Terra's LUNA token is now ranked 11th in terms of market capitalization, making it one of the week's fastest-growing coins <\/h5>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/LUNA-is-now-in-11th-place-in-terms-of-market-capitalization-1024x1024.png\" alt=\"LUNA is now in 11th place in terms of market capitalization\" class=\"wp-image-14591\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/LUNA-is-now-in-11th-place-in-terms-of-market-capitalization-1024x1024.png 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/LUNA-is-now-in-11th-place-in-terms-of-market-capitalization-300x300.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/LUNA-is-now-in-11th-place-in-terms-of-market-capitalization-150x150.png 150w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/LUNA-is-now-in-11th-place-in-terms-of-market-capitalization-768x768.png 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/LUNA-is-now-in-11th-place-in-terms-of-market-capitalization-75x75.png 75w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/LUNA-is-now-in-11th-place-in-terms-of-market-capitalization-350x350.png 350w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/LUNA-is-now-in-11th-place-in-terms-of-market-capitalization-750x750.png 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/LUNA-is-now-in-11th-place-in-terms-of-market-capitalization-1140x1140.png 1140w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/LUNA-is-now-in-11th-place-in-terms-of-market-capitalization.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption>LUNA is now in 11th place in terms of market capitalization<\/figcaption><\/figure>\n\n\n\n<p>Terra's token is now ranked 11th in terms of market capitalization, making it one of the week's fastest-growing coins. One of several things that influence the pricing of LUNA is the organizers' interest.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">LUNA had a very productive week<\/h2>\n\n\n\n<p><a href=\"https:\/\/coinscreed.com\/staging\/cryptocurrency-market-on-dec-2-2021.html\" data-type=\"post\" data-id=\"14517\">LUNA<\/a> has been gradually rising since the end of November, with daily gains of 14%, making up for all of November's losses and marking a new all-time high (ATH) with no stop sign in just three days.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/news.coincu.com\/wp-content\/uploads\/2021\/12\/LUNA-is-up-71-but-can-it-be-sustained-in.png\" alt=\"LUNA is now in 11th place in terms of market capitalization\" \/><\/figure>\n\n\n\n<p>For the previous week, the coin has been the most bullish coin in the top 100 on the market, trading at $ 69.8.<\/p>\n\n\n\n<p>For the time being, it's unclear whether Terra is natural, as trading volume matched the climb to a 2-month high.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/news.coincu.com\/wp-content\/uploads\/2021\/12\/1638521471_667_LUNA-is-up-71-but-can-it-be-sustained-in.png\" alt=\"LUNA is now in 11th place in terms of market capitalization\" \/><\/figure>\n\n\n\n<p>However, transaction figures as a percentage of overall revenue remained average.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/news.coincu.com\/wp-content\/uploads\/2021\/12\/1638521472_242_LUNA-is-up-71-but-can-it-be-sustained-in.png\" alt=\"LUNA is now in 11th place in terms of market capitalization\" \/><\/figure>\n\n\n\n<p>That <a href=\"https:\/\/news.coincu.com\/41166-luna-is-up-71-but-can-it-be-sustained-in-the-coming-days\/?_ga=2.20136376.1281089505.1638253413-466582161.1636992118\" target=\"_blank\" rel=\"noopener\">increase<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> could be normal, given that approximately 7.5 million LUNAs were burned in the last week, indicating that demand for USTs is increasing.<\/p>\n\n\n\n<p>A 25% rise in TVL in the Anchor Protocol, which also raises Terra's TVL to 40%, could be a potential boost.  Terra has officially eclipsed Avalanche for fourth place in the TVL top list, with 13.5 billion US dollars.<\/p>\n\n\n\n<p>The sharp price increase is the result of a lot of social engagement. Terra's performance has been steadily improving, and the Anyswap network now allows UST cross-chain transfers between Terra and Fantom.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/news.coincu.com\/wp-content\/uploads\/2021\/12\/1638521473_809_LUNA-is-up-71-but-can-it-be-sustained-in.png\" alt=\"LUNA is now in 11th place in terms of market capitalization\" \/><\/figure>\n\n\n\n<p>In any event, investors must remain cautious because the market is fearful and the volatility is increasing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Terra&#8217;s LUNA token is now ranked 11th in terms of market capitalization, making it one of the week&#8217;s fastest-growing coins Terra&#8217;s token is now ranked 11th in terms of market capitalization, making it one of the week&#8217;s fastest-growing coins. One of several things that influence the pricing of LUNA is the organizers&#8217; interest. LUNA had [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":14591,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[25],"tags":[5764,5763,5570],"class_list":["post-14589","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","tag-ath-2","tag-luna","tag-market-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/LUNA-is-now-in-11th-place-in-terms-of-market-capitalization.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/14589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=14589"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/14589\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/14591"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=14589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=14589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=14589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}