While analyzing any crypto its important to see its use cases and potential growth factors. LUNA is consolidating for long period now and half of the supply is locked for a long period + starting from next month expect 25% supply to be locked due to alliance module release. For more details see there twitter about alliance module etc. Feather is also launching next month which is like launching your own blockchain in minutes as LUNA will be providing you all infrastructure in a one go for details check their website.
As there is little bad reputation attach to it in past and now. To make it successful by any means is the only way to survive otherwise gameover. Expect it to rally very soon. Little percentage of the crypto portfolio could yield you unimaginable gains or little profit. To survive expect big big LUNA rally
One of the key features of the Terra network is its support for decentralized applications (dApps). dApps are applications that run on a blockchain and are not controlled by any central authority. The Terra network provides a platform for developers to build dApps that can provide financial services to users, such as lending, borrowing, and remittances. By providing a platform for dApps, Terra aims to increase access to financial services and bring more people into the global economy.
100s of more dapps and many services are in pipeline expect there release in middle of next month which would lay the foundation of LUNA back to its throne where it left.
In conclusion, the technical analysis and fundamental analysis of LUNA suggests that the asset may have strong potential for future price growth. The MACD indicator indicates a potential bullish trend . Additionally, the increasing adoption of DeFi platforms and the growth of the Terra network may also drive the demand for LUNA.
Want to take risk for unimaginable gains or want to leave its totally up to you.
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