Just two days into December, Terra (LUNA) recorded two times the all -time record high (ATH).
Around 12 noon yesterday, LUNA broke ATH to the $ 65.41 price level up almost 5% in 24 hours before returning to decline trading at $ 62.15 at the time of this writing.
Based on observations, LUNA exhibited a bullish movement since November 27th. Back then LUNA was trading at $ 41.05, making its cumulative jump almost 61%.
This is good news for LUNA investors:
The Columbus-5 upgrade in October is the latest design that allows LUNAs to be burned according to the amount of UST produced or mined.
As of this writing, a total of 94 million LUNA have been burned.
Decentralized lending platform, Abracadabra.Money launched a revenue generation product for Degenbox tokens.
Its users can deposit UST as collateral to get the proceeds.
Lockdrop of the Astroport exchange protocol on December 6th.
Users have the opportunity to lock (lock) LUNA to get ASTRO tokens that have not been launched.
The integration between Terra and the Phantom platform enables the transfer of UST between these two networks.
Users can use Anyswap Network starting today Malaysia time.
The launch of the Angel Community Farming Event at Apollo DAO today also played a role.
Users can get HALO tokens through UST deposits into Angel Vaults and the program will run until 60,000,000 million HALOs are harvested (farmed). Expected to be completed on December 18, 2021.
