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Topic: In 7 Days Terra Luna Percentage Increase Beat Bitcoin - page 2. (Read 418 times)

hero member
Activity: 2156
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If it is based on only 7 days and then compare the overall improvement, is it ideal enough for us to see? I don't think it's too good, because it won't be compared even with a period of 1 year though. If you know how different the growth of 1 or 2 altcoins is, you are still lacking in terms of movement in the market. Does it show that the Terra Luna and Avax trend can close Bitcoin's 18% movement? Not
hero member
Activity: 3066
Merit: 536
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This looks so impressive. i didn't even expect if the price of tera can grow so high like this time. Bunch of good news and im not feeling doubt if tera was over performing another major coins in the market. Tera can do even better than this and this token may surpass solana as soon as possible if terra was creating more and more partnership to be integrated with another protocol. This will be also growing its community like crazy as more integration means not only with its blockchain but its community become even bigger from time to the another time. This is really interesting thing to watch. I hope that this will be surpassing solana even BSC.
Terra is worth to be on top 3
sr. member
Activity: 2436
Merit: 343
Okay, but that seems surprising anyway. However, we don't just look for short-term changes, it can more sufficient if we can see this happen long-term.

Well, I'm not seeing this as a sort of price manipulation since LUna is also in the top-performing coin now. Yes, it can be possible to see things happen like this but even it surpasses Bitcoin's growth still, people will choose Bitcoin over Luna. It only beats the price surge but this never means it totally beat Bitcoin.
sr. member
Activity: 1666
Merit: 268
Since last year terra luna is indeed one of the projects that can develop for the future, so there are very many investors who follow the project to invest, but we should not influence the current percentage because every time changes will definitely occur, because very many other projects that do have high potential to reach the highest value for now because some coins price decline has occurred up to 50% so when there is an increase.  As they are currently, they will definitely move quickly to return to the highest value.

The increase in Terra Luna is indeed quite surprising, it can go up to 66% in 7 days, a very high percentage increase. Even if Terra Luna can go up
by another 9%, Terra Luna can reach the ATH price reached by the end of 2021. Honestly, I'm one of those people who regret missing
an investment opportunity at Terra Luna when the price is still very low. If I want to buy Terra Luna now it's too expensive, therefore I have to
patiently wait for the market to correct again to be able to buy Terra Luna. Because Terra Luna will be a profitable project if we hold it at least until
the end of this year.
sr. member
Activity: 2618
Merit: 439
Even though Terra Luna and Avalanche can go up sharply as @OP said, it doesn't make bitcoin lose its popularity because bitcoin will still be the top choice for investors. I'm not too worried about that because if the two altcoins can go high, bitcoin will go higher while the other coins will be behind bitcoin.

Besides that, I also don't understand what can make the two coins go up but it could be because there are still a lot of investors for the two coins and they provide support for the two coins like they provide support for bitcoin as well. So if you see that other altcoins can improve like those two coins, you better use them to take advantage.
i think it is not the popularity of Bitcoin is what OP talking but about the percentage in increase recently , things that is true right?

but the long term effect is what matters more here, bitcoin will never gone low to any altcoin it is just the movement at some times happened.

I wouldn't really bet on this being long term.

Terra is significantly centralized and dependent on their developers to continue subsidising the Anchor Protocol, which is pretty much the only reason outside of Mirror as to why anyone would use the Terra ecosystem.

I don't think that it is sustainable to have 19.5% or so APY on deposits under a free market mechanism at this point.
had been reading so much good in the past months and yes the increase as well is going to up high .
sr. member
Activity: 1582
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Since last year terra luna is indeed one of the projects that can develop for the future, so there are very many investors who follow the project to invest, but we should not influence the current percentage because every time changes will definitely occur, because very many other projects that do have high potential to reach the highest value for now because some coins price decline has occurred up to 50% so when there is an increase.  As they are currently, they will definitely move quickly to return to the highest value.
hero member
Activity: 2604
Merit: 816
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Even though Terra Luna and Avalanche can go up sharply as @OP said, it doesn't make bitcoin lose its popularity because bitcoin will still be the top choice for investors. I'm not too worried about that because if the two altcoins can go high, bitcoin will go higher while the other coins will be behind bitcoin.

Besides that, I also don't understand what can make the two coins go up but it could be because there are still a lot of investors for the two coins and they provide support for the two coins like they provide support for bitcoin as well. So if you see that other altcoins can improve like those two coins, you better use them to take advantage.
hero member
Activity: 1386
Merit: 731
Leading Crypto Sports Betting & Casino Platform
After what I've been through, I have a feeling it's not going to be very good as there will be a lot of things removed from this market. This space has too many junk products and it's not only taking away a portion of the cash flow, but also creating negatives in the market. Diseases, wars, ... are many things that we are facing, and crypto will suffer from this.
Suffering won't last forever either, so don't worry about it if you still have faith in the crypto space, just keep working and doing what you can without pushing yourself.
I'm sure the crypto space will get better even though some people may have been fed up in dealing with the current conditions.
hero member
Activity: 1666
Merit: 753
I wouldn't really bet on this being long term.

Terra is significantly centralized and dependent on their developers to continue subsidising the Anchor Protocol, which is pretty much the only reason outside of Mirror as to why anyone would use the Terra ecosystem.

I don't think that it is sustainable to have 19.5% or so APY on deposits under a free market mechanism at this point.
full member
Activity: 783
Merit: 108
The reason Terra Luna and Avalanche have surged in the past few days is the positive news affecting the market as well as the updates surrounding their development. In recent days, not only LUNA, AVA but also many other coins have increased strongly in recent days. However, I am still a bit apprehensive about this strong reaction, and in my opinion, the market will make appropriate adjustments in the near future.
Like what had happening in all time , because there is not only those mentioned coins has an increase but also almost every legit currency so what is new on that?
and besides let us not look on what is the increase now but what will be the future for those.
surely the whales that bet on this currency had already taken the tons of money and now they are taking their funds out and will never climb back again .
After what I've been through, I have a feeling it's not going to be very good as there will be a lot of things removed from this market. This space has too many junk products and it's not only taking away a portion of the cash flow, but also creating negatives in the market. Diseases, wars, ... are many things that we are facing, and crypto will suffer from this.
hero member
Activity: 2268
Merit: 507
What do you think makes Terra Luna and AVAX increase with a very high percentage of Bitcoin?
This can be known easily when you wanna try to visit CMC https://coinmarketcap.com/currencies/terra-luna/news/

Bunch of good news have come to the terra luna starting from thor chain integration, more investment come, burn and many more. A lot of good news have come at the same time and this is making people wanna try buy more and more luna as much as they can and this increase already predictable. That's why you were seeing that if terra luna has a better performance compared with bitcoin.

This is a common thing in the crypto and you must not be surprised to see that.
full member
Activity: 672
Merit: 100
The market seems to have increased. Recent monitoring, an average increase of 15%. From the order of coins 1 to the top 10, Terra Luna experienced a very large increase of 80% and Avalanche (AVAX) experienced an increase of 25% in 7 days. While Bitcoin is only 18%.
What do you think makes Terra Luna and AVAX increase with a very high percentage of Bitcoin?
So? Why does something like that maters at all? Any coin can have a better week than bitcoin when we have pump and dump groups working every single week to promote their useless coins, so when we think about this from that perspective the fact that a coin happens to outperform bitcoin during such a short time frame does not really tell us nothing about the coin and about the future prospects of it or its potential to keep achieving the same results.
Yes presentation is not everything but the amount of volume traded on that particular coin that determines market interest. then BTC as the coin that determines the direction of the market is what makes the market stable and temporarily bullish. I still believe the market this month will show signs of bull season on Altcoins but it all depends on the price of BTC and the world situation. Luna or other Altcoins will also have a slow upward movement in accordance with the direction of the market
legendary
Activity: 2534
Merit: 1338
The market seems to have increased. Recent monitoring, an average increase of 15%. From the order of coins 1 to the top 10, Terra Luna experienced a very large increase of 80% and Avalanche (AVAX) experienced an increase of 25% in 7 days. While Bitcoin is only 18%.
What do you think makes Terra Luna and AVAX increase with a very high percentage of Bitcoin?
So? Why does something like that maters at all? Any coin can have a better week than bitcoin when we have pump and dump groups working every single week to promote their useless coins, so when we think about this from that perspective the fact that a coin happens to outperform bitcoin during such a short time frame does not really tell us nothing about the coin and about the future prospects of it or its potential to keep achieving the same results.
full member
Activity: 742
Merit: 102
Second Live
The information behind the impressive rally of this cryptocurrency in the past week is that on February 23, Luna Foundation Guard (LFG), a newly established non-profit organization with the goal of developing developer of the Terra ecosystem, has announced a successful funding of 1 billion USD. All funds raised will be used by LFG to buy Bitcoin as a reserve fund for UST.

In addition, Terra, in the past, has also taken many practical actions to support projects in the ecosystem. In mid-February, Terra announced that it had "pumped" 450 million UST into the Anchor Protocol lending protocol, helping this project continue to provide deposit interest rates of up to nearly 20% for investors. I think it will continue to fluctuate strongly in the near future because the market is currently experiencing a lot of big problems on standby.
full member
Activity: 2548
Merit: 217
The reason Terra Luna and Avalanche have surged in the past few days is the positive news affecting the market as well as the updates surrounding their development. In recent days, not only LUNA, AVA but also many other coins have increased strongly in recent days. However, I am still a bit apprehensive about this strong reaction, and in my opinion, the market will make appropriate adjustments in the near future.
Like what had happening in all time , because there is not only those mentioned coins has an increase but also almost every legit currency so what is new on that?
and besides let us not look on what is the increase now but what will be the future for those.
surely the whales that bet on this currency had already taken the tons of money and now they are taking their funds out and will never climb back again .
legendary
Activity: 3052
Merit: 1168
Leading Crypto Sports Betting & Casino Platform
The market seems to have increased. Recent monitoring, an average increase of 15%. From the order of coins 1 to the top 10, Terra Luna experienced a very large increase of 80% and Avalanche (AVAX) experienced an increase of 25% in 7 days. While Bitcoin is only 18%.
What do you think makes Terra Luna and AVAX increase with a very high percentage of Bitcoin?

Because they have lower marketcap, so they are naturally more volatile. There's nothing special in AVAX or Terra Luna, they just happened to move in this week, they might as well have gone down and there would be others instead. I mean wee are talking about weekly changes and those come and go, and most of the altcoins obviously pump back after a market dump like we just had. Even if would be a dead cat bounce.
full member
Activity: 783
Merit: 108
The reason Terra Luna and Avalanche have surged in the past few days is the positive news affecting the market as well as the updates surrounding their development. In recent days, not only LUNA, AVA but also many other coins have increased strongly in recent days. However, I am still a bit apprehensive about this strong reaction, and in my opinion, the market will make appropriate adjustments in the near future.
hero member
Activity: 2870
Merit: 574
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Usually, the increase can be due to several important updates issued by the developer and team so that it also increases the trust of their investors.
It is natural because this increase is also experienced by other coins and not just Terra Luna and Avalanche.
But that increase doesn't mean the price has jumped dramatically and exceeds the price of bitcoin. Bitcoin itself is currently experiencing a bullish phase, which triggers many altcoins to increase as well.
Bitcoin will also experience a tremendous increase in the future and you will be surprised.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
There are some news that were triggering the price of luna to increase a lot and i will mention these news here. These news are very bullish at this moment.

https://cointelegraph.com/news/rune-s-upcoming-mainnet-launch-and-terra-luna-integration-set-off-a-74-rally

https://cointelegraph.com/news/terra-price-gains-75-in-february-as-2-57b-in-luna-tokens-removed-from-supply

You can also spend a few minutes to read whole of article and know what was the thing that triggering the big rally that happened with. this seems to be the next top 10 CMC soon.

Luna is very bullish at this moment too.
sr. member
Activity: 2506
Merit: 368
A common movement of most altcoins that I know especially if new in the market and is being under hype that's why you will see a massive pump percentage but you should not compare Bitcoin into this since Bitcoin could pump like that too especially after a few months after the halving or there's a good news that would pump BTC.

Most people could invest on what they can afford as long as they understand what they have been investing. I've seen several coins almost like this in the past that doesn't last long after the pump, so good luck with that.
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