• LUNA is the native Staking Token of the Terra protocol.
• LUNA’s price is correlated to Bitcoin and other altcoins, which have recently seen a revaluation to $2 trillion.
• LUNA’s lowest price for January 2023 is predicted to be $0.004, with a maximum supply of zero.
The digital asset, LUNA, has recently been gaining a lot of attention from cryptocurrency investors as its price has been inextricably linked to that of Bitcoin. This is due to the fact that LUNA is the native Staking Token of the Terra protocol, meaning that users stake LUNA with validators as a reward for recording and verifying transactions on the blockchain. In addition to this, LUNA is used in mining and governance, making it an attractive asset to invest in.
Recently, the entire cryptocurrency industry has seen a revaluation of almost $2 trillion as Bitcoin and several altcoins have seen an increase in their market capitalization. This has resulted in a slight increase in the value of LUNA, making it an even more attractive investment option.
Currently, there are 1.71 million LUNA Coins in circulation, with a maximum supply of zero. It is currently trading at $2.1071513 per (LUNA / USD) with a 24-hour trading volume of 461.07 million USD. In the hourly chart, there has been a dip of -2.68%. A total of $343,358.76 was transacted in the last 24 hours, and the Coin ranks 1292 in its market capitalization at $2,046,588.
Due to its recent surge in value, many investors are wondering what will LUNA Coin be worth in 2023. According to predictions, LUNA’s lowest price for January 2023 is predicted to be $0.004, with a maximum supply of zero. This makes LUNA a promising investment in 2023, as its value could potentially exceed its all-time high.
Overall, LUNA is a digital asset with a lot of potential, as its value is correlated to the premier digital asset, Bitcoin, and its use in mining and governance. It’s current market capitalization of $268.61M USD makes it an attractive investment for crypto investors looking for long-term gains. With a predicted price of $0.004 for January 2023, LUNA is a favorable digital asset for investors looking for a promising return in the future.