Crypto Analyst Says Ethereum Rival Terra (LUNA) Bottoming Out, Predicts Rallies for NEAR and Two Other Altcoins

A closely tracked crypto strategist is mapping out the bottom for Ethereum (ETH) challenger Terra (LUNA) while expecting rallies for Near Protocol (NEAR) and two additional altcoins. Pseudonymous crypto analyst Altcoin Sherpa tells his 174,500 Twitter followers that decentralized finance (DeFi) payment network Terra is likely one leg down away from carving a local bottom. The post Crypto Analyst Says Ethereum Rival Terra (LUNA) Bottoming Out, Predicts Rallies for NEAR and Two Other Altcoins appeared first on The Daily Hodl.

Timeline of Dao-maker, Looksrare, Terra-luna, Near-protocol

Inspired by Pokémon GO, Expedition is Terra based Play-to-Earn Augmented Reality (AR) game that recorded 65,000 waitlist signups on the 27 April being its first day. While leveraging the AR technology, the game allows its players to earn $LUNA.

The NEAR Protocol Rainbow Bridge has survived a potential heist, as an attacker's attempt to steal funds on the network was promptly uncovered and foiled by security bots on the platform, resulting in a loss of 2.5 ETH for the…

Anchor Protocol, the largest DeFi platform on Terra, recently reduced its annual yield rates in a bid to improve the platform's sustainability. The move comes after users approved a proposal in March to introduce dynamic interest rates.

Near protocol escaped what would have been a massive hack after an hacker tried to breach the platform. The rampant nature of crypto hacks and scams has made life unbearable for most people as they are always on their edge when dealing in the market.

Fireblocks, the provider of digital asset and crypto technology, recently announced that it has become the first platform to launch institutional DeFi access to Terra, “the second-largest decentralized finance (DeFi) protocol by total value locked (TVL).” Now, Fireblocks customers can “securely access all of the.

LUNA price opened the session higher with a constructive candlestick but erased all the gains as the day proceeded. The price fell like a pack of cards in a highly volatile session.

The leading digital asset and cryptocurrency trading platform MEXC Global will list DAO Maker, the prestigious IDO & IGO launchpad for crypto projects, on April 29th. A $DAO trading competition will also be ongoing, and 8000 DAO tokens are available exclusively for MEXC Global users.

Terra's native token LUNA slumped over the past week as a broader downturn in the crypto market hit the token particularly hard. It is the among worst performing tokens among the top-10 cryptocurrencies in the past week.

Image source: UniX Gaming If crypto investors haven't already taken notice of the partnership announced between UniX Gaming, DAO Maker and SL2 Capital, they should start doing so now. For it promises to result in some of the most in-demand Initial Game Offerings that we've ever seen.

Since reaching an all-time high of $119.55 on April 5, Terra (LUNA) has been declining. On April 18, the coin hit a low of $75.67. Since then, the price has risen. Above the $102 region, the all-time high and subsequent decrease have created a bearish divergence. LUNA was predicted to confirm the $102 area as …