Tag Archives: Terra

What is the latest LUNA, Terra blockchain is also discontinued, Binance LUNA removed from the list

What is the latest status and update of LUNA? Lunada has a new statement. The Terra blockchain has also been discontinued. After the unpinning of the UST, the LUNA is experiencing extreme volatility. One of the reasons for the massive declines in the cryptocurrency market. LUNA is still depreciating. LUNA investors are in a really difficult situation.

In a statement made by Terra (LUNA) on its twitter account today, the Terra blockchain said that it was officially stopped at block 7607789. The full statement reads: ” The Terra blockchain has officially halted at block 7607789. Terra Validators have halted the network to come up with a plan to reconstitute it. More updates to come.”

More updates are coming, but we can say that LUNA investors have no confidence anymore. Exchanges have started delisting LUNA. LUNA’s current value is $0.0000466

Raoul Pal Thinks Cardano, Solana, Avalanche, and Terra Will Rise

Raoul Pal, known to those interested in crypto money, said that Cardano (ADA), Solana (SOL), Avalanche (AVAX) and Terra (LUNA) could rise in this bull cycle.

In his interview, Raoul Pal talked about the possibility of a long bull market by June 2022 that could potentially push Ethereum as high as $40,000.

Raoul Pal said: “I think almost certainly by March but possibly by summer, which will give us higher prices and a different cycle structure than we’ve seen before. I could be wrong. I’m not betting on everything. But I think it could be like this. If I’m right about the adoption of the network, then other layer-1s like Solana, Terra, Avalanche, Cardano and others will be great explosives.”
“But on a risk-reward basis, they’re riskier. They are not as deep a network as Ethereum. For me, Ethereum remains the best option in the world from a risk-adjusted perspective.”

Source: https://www.coinkolik.com


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.