3 Reasons Terra Is Going to Have a Big 2022
Terra (CRYPTO: LUNA), up 43% over the past 30 days, now makes up more than 2% of the total crypto market cap for the first time. What's behind the enthusiasm for Terra, and why is it ready for even bigger and better things in 2022?
To discuss investing in Terra, it's worth pointing out that Terra is a digital ecosystem, and LUNA is its native token. Terra's ecosystem also includes many stablecoins such as TerraUST (CRYPTO: UST), which is a stablecoin based on the U.S. dollar.
By investing in LUNA, you are part of the growth of the Terra ecosystem. As more demand for UST is created, LUNA is automatically burned, making the remaining tokens more valuable (almost like a share buyback in the traditional stock market). The growth of the Terra ecosystem is exploding for a variety of reasons.
Source Fool.com
