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Here’s how Terra’s tokenomics and interoperability pumped LUNA
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After the market fell significantly recently, most altcoins tasted dust. At press time, however, most still seemed to be struggling to recover as Bitcoin traded at $49,289. Terra (LUNA), on the contrary, performed against the tide by not only quickly recovering from 3 December’s fall, but by also hitting a new all-time high amid larger market sell-offs.
Terra was trading at $76, at the time of writing, highlighting 35.97% daily and 65.95% weekly gains as the alt made its way in the top ten cryptos by market cap. The altcoin was ranked 9th with a total market capitalization of $29.46 billion, ahead of Polkadot and Dogecoin by market cap. So, what has fueled this Terr(a)ific rally?
Terra reaped close to 14583% in yearly ROIs v. USD for its
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