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Why Terra Is Rallying Today

TheMotleyFool

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Hodiernae Lunarum Cryptomonetarum Terra ad lunam vollant -- with no pun intended, that means Terra's (CRYPTO: LUNA) Luna tokens are flying to the moon today. As of 2:30 p.m. EDT, tokens are up 11% in the past 24 hours to $25.22 apiece. Terra is experiencing a sector-wide investor euphoria for decentralized finance coins after a bear market dominated most of Q2. The payment solutions protocol has now become the 16th largest crypto globally, with a fully diluted market cap of $25.2 billion.

Image source: Getty Images.

Source Fool.com

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