Firstly, I am not your financial advisor and I will NOT tell you wether you should by this token, rather I share my research and explain whether I find the token investing worthy. Always Do Your Own Research (DYOR)

I’ll be going over a couple of factors I looked into and at the end there will be a conclusion in which I tell you whether I find this project investing worthy and why I find that.

The Luna token represents the worth of the whole Terra ecosystem. This means that if more and more people start using Terra’s applications and stablecoins then this will make the price go up.

The biggest part of the Terra ecosystem comes from it’s stablecoins, so buying LUNA is kind of a bet on more people using the Terra stablecoins like UST and EUT in the future.

However, Terra also has some protocols built on top of it which are very interesting, I have already reviewed two of them and I will put the links here so you can check them out.

medium.com

medium.com

LUNA scores well in both it’s team and investors, team wise they currently employ 64 people for the complete ecosystem with protocols included. With the CEO being Do Kwan which has proven himself several times already and has an amazing vision for the future.

Currently the most noteworthy names Investing in LUNA are Binance, Coinbase, Polygon, Delphi digital and Blockhain.com ventures.

The fact that exchanges and even other chains are investing in Luna just reaffirms the trust I currently have in the chain.

Since the Luna token goes up in price when the Ecosytem grows more popular, the healthiness of this ecosystem is very important.

On top of Terraform labs building several amazing protocols they are also developping an amazing ecosystem and have built a Bridge and a wormhole through which you can transfer funds from the Ethereum, Binance and Solana chain with low costs to the Terra chain.

If you take a quick look on Github, you can easily see the amount of development Luna is putting out.

Luna’s token distribution is on the higher side, with 20% going to employees and another 26% to Venture Capitals who invested in the project.

This could lead to people eventually dumping their tokens when LUNA goes higher.

So am I convinced in this project? That would be a clear YES.

The overal use case, the development, investors and just overall ecosystem is amazing, as I said in previous reviews, I’ll happily be layering in at these prices, personally anything below 70 Dollars is a good deal. Currently LUNA is my fourth biggest position after Bitcoin, ETH and SOL and it will certainly be growing in size the coming months.

I’ve also made two other reviews on the Terra ecosystem and the LUNA token in which I go deeper in how the Luna token really works and even some price predictions based on different possible outcomes, if you would like to check those out, than follow these links:

medium.com

medium.com