LUNA has enjoyed a standout performance this week. It gained another 21% today, bringing its weekly surge to just under 80%. It is surging on news of an FTX listing, slated for today.
If you are attracted to unique features and want to learn how and where to buy LUNA, this guide is for you.
Top places to buy LUNA now
eToro
eToro is one of the world's leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It's social copy trading features make it a great choice for those getting started.
Binance
Binance is a prominent global cryptocurrency exchange platform that provides a venue for buying, selling, and trading a vast array of digital currencies. Founded in 2017, it has quickly risen to become one of the largest platforms in terms of trading volume. Binance offers a variety of services including a crypto wallet, margin trading, and futures trading, catering to a diverse user base from casual traders to institutional investors.
What is LUNA?
LUNA is the native token of Terra, a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. It bills itself as combining the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC).
Against the background of global conflict, investors have found Terra a haven of stability. LUNA is used to stabilize the price of the protocol's stablecoins. Terra seeks to set itself apart through fiat-pegged stablecoins.
It keeps its one-to-one peg through an algorithm that automatically adjusts stablecoin supply based on its demand. It does so by incentivizing LUNA holders to swap LUNA and stablecoins at profitable exchange rates to either expand or contract the stablecoin supply to match demand.
Should I buy LUNA today?
Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.
LUNA price prediction
Wallet Investor expects a long-term increase. They predict 1 LUNA will trade for $478 in March 2027. A 5-year investment will bring revenue of around +434%. If you put $100 into LUNA now, you could have $534 in 2027.
LUNA on social media
So far the fast horses are running in unison! #Bitcoin #Solana #LUNA #AVAX pic.twitter.com/YJUuSRvpHU
— InvestAnswers (@invest_answers) February 26, 2022
