LUNA, the native token on the blockchain Terra, surged 20% in the past 24 hours, and is trading at around $99, just below its lifetime high. The token’s rally has been driven by two major factors- demand for the stablecoin TerraUSD (UST), and the consistent burning of LUNA tokens. LUNA is also one of the The post Terra’s LUNA Nears $100 Price After Stellar Rally, Here’s Why: appeared first on CoinGape.
