Hot Topic - NEAR Protocol! Terra (LUNA) has been seeing a consistent downward price trend, DAI Should Stay Close To $1
Rebecca Duthie 15.04.2022 12:45
Near - almost 10% fall in the price today
DeFi lost almost 20% of their value
DAI - in the past month, the price has slightly deviated
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Near Protocol Catching Investor Attention.
The crypto platform was created in an attempt to eliminate the slow transaction times on current blockchain networks, it is a decentralized platform. The overall price of the coin has been on a general increase over the past month due to increasing investor interest which originally caused the price to double. However, current market sentiment could explain the almost 10% fall in the price today.
Near Protocol Price Chart
Moving average has managed to stay above 1.000 - Terra (LUNA) Coin
The price of Terra (LUNA) has been seeing a consistent downward price trend over the past month, however the moving average has managed to stay above 1.000. In the first week of April the DeFi lost almost 20% of their value, as Terra (LUNA) crypto is one of the largest of DeFi assets, naturally the value of the token would’ve faced a decline.
Terra (LUNA) Price Chart
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DAI Crypto following the USD.
The DAI crypto is linked to the USD, so it is expected that the value of the DAI should stay close to $1. Based on the graph below, in the past month, the price has slightly deviated but has remained pretty much around the $1 mark. The deviations could possibly be as a result of the current market sentiment and economic conditions.
DAI Price Chart
Sources: Finance.yahoo.com, currency.com, fortune.com