What currency is luna? How to buy lnna coins?

I believe that many people have been attracted by a hot search recently-"Luna coins plummeted by 98%", so the friends burst into flames, and what happened to Luna coins was at a loss. All right, I'll go on.

Let's take a look at the luna coin first.

Luna coin is the mineral coin of the blockchain TerraDPoS, and the English full name is Terra Luna. 20/kloc-0 was issued on July 26th, 9, with total supply of 1 1,000,000,000 luna.

LUNA currency is a kind of currency agreement, which expands and contracts supply through algorithms to ensure price stability. On the other hand, Terra used the seigniorage it created as a trade incentive to promote its adoption. Simply put, Terra is supported by Luna, and miners provide a stable and safe environment for the platform. In exchange, the agreement provides stable mining incentives for the platform under all economic conditions, including transaction fees and seigniorage.

Not only that, Terra has also launched a powerful business platform alliance, with an annual transaction volume of 25 billion US dollars and 45 million customers. Terra is expected to become a large-scale exchange medium. In addition to being a currency, Terra will also become an open platform for destructive financial dApps and increase the real GDP of blockchain economy.

The company behind Terra is from South Korea. With the strong business background and related resources of the founding members, Terra has established its own payment alliance, which includes many leading platforms such as Korean e-commerce, music media and hotel reservation. Members in the alliance can use Terra for payment or other business.

However, with the increase of users and transaction volume of Terra and the stability of user base, the anti-risk ability of Terra system has also been improved simultaneously. It is precisely because of its superior market leading ability that it is called "Currency Maotai" by currency players. At the beginning of March this year, the founder of Terra announced that the LFG Foundation, which assisted Terra's ecological stability, had increased USD 465.438+0.8 million to the stable currency UST reserve system, and the UST reserve in Terra chain had reached USD 654.38+0.5 billion.

What exchanges are there on Luna Coin Online?

Luna coins has been launched on Coin Security Exchange, Firecoin Exchange and Ou Yi, as well as many small trading platforms and scattered exchanges.

In fact, the reason for the hot search at the luna Coin Conference is also very simple. The plunge of Luna coins in the "currency circle Maotai" really came quickly. On may 12, LUNA's price continued to plummet from about 6 dollars, and the latest price was less than 6 cents, only 0.0562 dollars, a decrease of 99.04%.

In the case of LUNA currency crash, cryptocurrencies including Bitcoin also staged blood shed. On May 12, the price of Bitcoin plummeted again after falling by 7.27% in the previous trading day, reaching $25 174.8 in intraday trading, which has been close to the waist since the high point of the year. As of press time, the decline was 1 1.96%, and the price was 27435. 1 USD, the lowest since February 2020.

It is not difficult to understand that no matter what investment products, the ups and downs are related to the interests of many people, so they boarded the hot search.

Finally, I would like to remind you that digital currency is illegal in China. Please don't act rashly. Also, no matter what kind of investment, there are risks, so we should maintain a cautious and rational attitude.