Terra ($LUNA) up Over 10,000% Year-to-Date as Demand for Algorithmic Stablecoin Grows

The price of Terra’s native token $LUNA is up over 10,000% year-to-date thanks to growing demand for its algorithmically backed stablecoin, USDT, and for token burns that have seen a significant portion of LUNA’s supply get removed from circulation. According to Binance Research, Terra is a Proof of Stake (PoS) blockchain. They also say that […]