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Up by 71%, LUNA makes big gains, but will they sustain over coming days
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Terra’s native token LUNA which stands only 2 spots below the top 10 list, became this week’s biggest gainer of the entire top 100 cryptocurrency list. While a lot of aspects factor in for this, the bigger concern only remains in the interest of investors.
The altcoin has been consistently increasing since the end of November, charting an everyday rise of 14% and 15%. This led to the altcoin recovering all of November’s losses while in the process also marking a new all-time high within 3 days and still continues to do so.
LUNA price action | Source: TradingView – AMBCrypto
Trading at $66.2 at the time of this report, the alt became the biggest gainer of the week among the top 100 coins in the crypto market.
Now whether or not this is
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