Terra among the top 10 cryptocurrencies in the world

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New Delhi
The recent volatility in the cryptocurrency market has seen many big ups and downs. Meanwhile, Terra (LUNA) managed to enter the top 10 cryptocurrencies in the world. Its market cap is close to $26 billion and has surpassed Dogecoin, Shiba Inu, Avalanche, Polygon and Crypto.com Coin. It is believed that it may soon also overtake Polkadot, which has a market cap of around $29 billion.

Terra is one of the best performing cryptocurrencies this year. It has risen more than 15,000 percent in the past year. That was less than half a dollar a year ago, but it has hit an all-time high of $75.56. According to data from Coinmarketcap, it has gained 12,000 percent this year. That is, if you had invested Rs 10,000 in it on January 1, 2021, its value today would have been Rs 12,00,000. On Wednesday morning, this crypto was trading at $68-70. Experts say it could rise further in the coming days.

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bitcoin price
Meanwhile, bitcoin, the world’s largest, most popular and oldest cryptocurrency, traded at $50232, down 1.62 percent. According to crypto exchange WazirX, the world’s second largest crypto Ethereum was also down 0.87 percent to $4317. Dogecoin, which started as a joke, is also down 1.05 percent.

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