Terra (LUNA) Is Undervalued, Could Easily Double And Be Top Ten EOY Says PrimeXBT Analyst Kim Chua
LUNA, the native token of the Terra blockchain, which is also needed in the issuance of their native stablecoin, UST, has been gaining traction with great speed. It has become particularly popular amongst the more well-heeled investors who have increased the use of the UST stablecoin by ten-fold this year, from around $182 million at the beginning of this year to over $2.3 billion as of current.
Looking at the TVL of $7.7 billion on...