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Are You A LUNAtic……

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@silverd510
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Afternoon everyone….

While many of the crypto tokens are currently on a down trend or running sideways. Obviously not including Hive which has been on quite a tear. There is one token that is scorching a path that is quite commendable considering the market.

This token just seven days ago was at $42.94, today’s current price is $63.64. That’s and increase of 55.69%. This token is Terra Luna, which is built on the Cosmo network.



If you don’t believe those numbers, here is a chart to prove it.



So what is Terra Luna token?

Terra's focus is stablecoins, which are cryptocurrencies pegged to another asset. There are already quite a few stablecoins, most of which are pegged to the U.S. dollar. Terra offers one of those in TerraUSD (UST), but it also has stablecoins pegged to many other currencies, including the South Korean won, the Euro, and the Mongolian tugrig.

Luna also has its own stable coin UST, which can be controlled by the Luna token itself.

While everything else seems to be dropping, including metal prices…..



Gold is nearing the $1,750 level, and silver is trying to stay above the $22 level.

Here is the Kitco screenshot…

Great buying opportunity if you have some dry powder.