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Possibilities of the Terra LUNA project to stabilize its price.

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Greetings to all readers of this great platform, especially those who make life in the great community of #LeoFinance, in the present opportunity I want to talk a little about the Terra LUNA project, being this the main and most striking point in the current moments within the blockchain, being a project that went from being among the first cryptocurrencies, to be a token with a very low value in the market, and they are trying to save the project.


Screenshot taken at: PixaBay

The cryptographic market was greatly affected a few days ago, where as you know all cryptocurrencies dropped its value in a big way, this is mainly due to the resounding fall suffered by the Terra LUNA project, losing all its value in the market, a situation that caused many people to lose all the money they had invested in that project and thus, increased in some people a distrust against the blockchain.

This huge drop in the price of the Terra LUNA project, as well as the fall of its stable coin, has made that the amount of LUNA tokens in the market has increased greatly by the creation of the same in order to try to stabilize the price of the stable coin, and the amount of LUNA tokens in circulation are more than 6.5 billion LUNA tokens.



This being the reality of the LUNA project, in order to stabilize the price of this token at 1$ we are talking that they must have a market capitalization of more than 6.5 billion dollars, this being much more than the total amount of capitalization of the crypto market, so it is being seen as an impossible goal, and that in case the amount of tokens in the market is not increased.

Comparing the LUNA market with BTC, 13 to 14 times more money must be invested than exists in the total BTC market, and approximately 23 times more than the ETH market, being this a task that is looking a little impossible to fulfill, and making it impossible for LUNA a little bit its economic recovery, so we must see the next measures that can be applied in the project.





All the images used by the Author @Chucho27 are Public Domain, in each one of them you can find the source of the image.

The image used in the banner at the bottom is by the author @chucho27, made using the Canva application.