{"id":485071,"date":"2022-03-03T15:42:11","date_gmt":"2022-03-03T15:42:11","guid":{"rendered":"https:\/\/wncen.com\/?p=485071"},"modified":"2022-03-04T06:59:31","modified_gmt":"2022-03-04T06:59:31","slug":"terra-is-attracting-large-share-of-defi-market","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/terra-luna\/terra-is-attracting-large-share-of-defi-market\/","title":{"rendered":"Terra Is Attracting Large Share Of DeFi Market"},"content":{"rendered":"
LUNA’s 50% increase in the last week has made it one of crypto\u2019s most popular coins. With $34 billion worth, Terra (LUNA) currently occupies a seventh place on Coinmarketcap, and even more, headlines are making themselves known with this rise to fame. Not only did the token shoot up past Solana ($32B), but also Cardano ($31B), who sit eighth & ninth respectively now that their rankings have changed due to LUNA\u2019s hipe.<\/span><\/p>\n
LUNA is the token that fuels the DeFi ecosystem. However, the real product is stablecoins, like UST, which pegs its value to dollars. Also protects against volatility in cryptocurrency prices by keeping your wealth protected from fluctuations.<\/span><\/p>\n