Terra Is About To Surpass Dogecoin
Terra, the $1 stable coin, is about to surpass Dogecoin. The market volume of the crypto TerraUSD, whose price is fixed at $ 1, has exceeded $ 15 billion.
The cryptocurrency market continues to be volatile. According to the latest data obtained by CoinMarketCap, TerraUSD (UST) market cap has reached $15 billion for the first time. The meme cryptocurrency, which remains in 13th place by market volume, is preparing to surpass Dogecoin (
DOGE).
As a reminder, Terra (LUNA) last reached an all-time high of $103.88 on March 9. However, after this rise, it could not maintain its upward trend. Terra had a great growth in the second half of 2021. With this growth, Terra has become one of the leading crypto projects.
In addition,
Terraform Labs (TFL) CEO Do Kwon recently announced that the Terra developer has donated 12 million LUNA tokens worth $1.2 billion.