Is it safe to buy Luna cryptocurrency?
Considered one of the most regulated, safest crypto platforms for beginners, eToro.com temporarily suspended LUNA trading at just under one cent – saving those who wanted to buy LUNA crypto tokens from two of those 99% drops. Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
What happened to Luna crypto?
The Luna crypto network collapsed in what’s considered the largest crypto crash ever, with an estimated $60 billion wipeout, shaking the global digital currency market. There are two stories regarding Luna crypto: the TerraUSD/UST stablecoin and the actual Luna coin.
Will Luna flip Bitcoin or Ethereum?
Bitcoin’s market cap today is around $570 billion – the LUNA market cap would even flip Bitcoin before the LUNA price reached $0.09. No crypto has ever flipped Bitcoin. LUNA would flip Ethereum, also unlikely as so much of DeFi runs on ETH, at around four cents – $0.04. Is Luna recoverable?
Is Luna worth $1 per coin?
At a LUNA price of $1 per coin, with a 6.5 trillion supply then the market capitalization of LUNA would be $6.5 trillion, twice the valuation of all cryptos, at that all time high. Bitcoin’s market cap today is around $570 billion – the LUNA market cap would even flip Bitcoin before the LUNA price reached $0.09. No crypto has ever flipped Bitcoin.