Terra (LUNA) recently saw a huge surge in its price, which has mostly faded away. Nonetheless, the rally might have given investors hope of a sustained recovery. While there have been positive developments recently, LUNA remains a highly-risky cryptocurrency that may not be coming back from the dead. What's the Idea Behind Terra? It all started out very promising. The team behind the project, led by Do Kwon, set out to create an 'algorithmic stable coin' named LUNA. LUNA could be "burnt" (taken out of circulation) in order to 'mint' or receive UST.
