Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Terra price

Terra priceLUNA

focusIcon
subscribe
Listed
Buy
Quote currency:
USD

How do you feel about Terra today?

IconGoodGoodIconBadBad
Note: This information is for reference only.

Price of Terra today

The live price of Terra is $0.1691 per (LUNA / USD) today with a current market cap of $120.04M USD. The 24-hour trading volume is $25.33M USD. LUNA to USD price is updated in real time. Terra is -2.59% in the last 24 hours. It has a circulating supply of 709,984,450 .

What is the highest price of LUNA?

LUNA has an all-time high (ATH) of $19.54, recorded on 2022-05-28.

What is the lowest price of LUNA?

LUNA has an all-time low (ATL) of $0.1592, recorded on 2025-04-03.
Calculate Terra profit

Terra price prediction

When is a good time to buy LUNA? Should I buy or sell LUNA now?

When deciding whether to buy or sell LUNA, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget LUNA technical analysis can provide you with a reference for trading.
According to the LUNA 4h technical analysis, the trading signal is Strong sell.
According to the LUNA 1d technical analysis, the trading signal is Strong sell.
According to the LUNA 1w technical analysis, the trading signal is Strong sell.

What will the price of LUNA be in 2026?

Based on LUNA's historical price performance prediction model, the price of LUNA is projected to reach $0.1982 in 2026.

What will the price of LUNA be in 2031?

In 2031, the LUNA price is expected to change by +6.00%. By the end of 2031, the LUNA price is projected to reach $0.5305, with a cumulative ROI of +206.15%.

Terra price history (USD)

The price of Terra is -81.73% over the last year. The highest price of LUNA in USD in the last year was $0.9610 and the lowest price of LUNA in USD in the last year was $0.1592.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-2.59%$0.1592$0.1802
7d-20.31%$0.1592$0.2114
30d-18.75%$0.1592$0.2464
90d-64.22%$0.1592$0.5402
1y-81.73%$0.1592$0.9610
All-time-99.11%$0.1592(2025-04-03, Today )$19.54(2022-05-28, 2 years ago )

Terra market information

Terra's market cap history

Market cap
$120,043,793.04
Fully diluted market cap
$200,647,799.55
Market rankings
Buy Terra now

Terra market

  • #
  • Pair
  • Type
  • Price
  • 24h volume
  • Action
  • 1
  • LUNA/USDT
  • Spot
  • 0.1691
  • $245.64K
  • Trade
  • Terra holdings

    Terra holdings distribution matrix

  • Balance (LUNA)
  • Addresses
  • % Addresses (Total)
  • Amount (LUNA|USD)
  • % Coin (Total)
  • 0-1000 LUNA
  • 293.1K
  • 97.72%
  • 2.56M LUNA
    $17.38K
  • 0.26%
  • 1000-10000 LUNA
  • 4.73K
  • 1.58%
  • 15.96M LUNA
    $108.21K
  • 1.60%
  • 10000-100000 LUNA
  • 1.65K
  • 0.55%
  • 46.74M LUNA
    $316.85K
  • 4.68%
  • 100000-1000000 LUNA
  • 347
  • 0.12%
  • 85.85M LUNA
    $581.95K
  • 8.60%
  • 1000000-10000000 LUNA
  • 102
  • 0.03%
  • 332.58M LUNA
    $2.25M
  • 33.31%
  • 10000000-100000000 LUNA
  • 6
  • 0.00%
  • 134.46M LUNA
    $911.48K
  • 13.47%
  • 100000000-1000000000 LUNA
  • 2
  • 0.00%
  • 380.35M LUNA
    $2.58M
  • 38.09%
  • 1000000000-10000000000 LUNA
  • 0
  • 0.00%
  • 0 LUNA
    $0
  • 0.00%
  • 10000000000-100000000000 LUNA
  • 0
  • 0.00%
  • 0 LUNA
    $0
  • 0.00%
  • >100000000000 LUNA
  • 0
  • 0.00%
  • 0 LUNA
    $0
  • 0.00%
  • Terra holdings by concentration

    Whales
    Investors
    Retail

    Terra addresses by time held

    Holders
    Cruisers
    Traders
    Live coinInfo.name (12) price chart
    loading

    Terra ratings

    Average ratings from the community
    4.6
    100 ratings
    This content is for informational purposes only.

    About Terra (LUNA)

    What Is Terra?

    Terra is a groundbreaking blockchain network, designed to revolutionize e-commerce and decentralized finance (DeFi). Originally launched in 2018 by Daniel Shin and Do Kwon, Terra aimed to combine the censorship-resistance attributes of cryptocurrencies like Bitcoin with the stability and widespread acceptance of fiat currencies. This vision was orchestrated through Terraform Labs, a spearheading entity in the cryptocurrency space. Terra made headlines and took center stage, becoming a prominent player in the rapidly evolving crypto sphere.

    The journey of Terra, however, witnessed a significant setback in 2022. Following the unfortunate unstaking of a colossal sum of tokens amounting to $2 billion, the blockchain experienced a dramatic downturn. The result of this event were a depeg of the UST stablecoin, a blockchain collapse, and a substantial dip in the broader cryptocurrency market. In response to this, Do Kwon initiated a recovery strategy that involved a crucial hard fork, giving birth to a new blockchain, Terra 2.0, and a new version of its governance token, LUNA. This initiative separated the network into two distinct entities: the original Terra Classic and the new Terra, fostering a community of supporters aptly named “LUNAtics.”

    Resources

    Official Documents: https://docs.terra.money

    Official Website: http://terra.money

    How Does Terra Work?

    Underpinning Terra's functionality is its unique blend of algorithmic stablecoins, pegged to a range of fiat currencies including USD, EUR, and KRW, among others. Unlike other stablecoins that maintain their value through reserves, Terra's stablecoins derive their stability algorithmically. This innovative approach aims to foster a seamless, cost-effective, and less volatile environment for decentralized commerce and finance, bridging the gap between the traditional financial world and the digital asset ecosystem.

    In this renewed version, Terra operates without the UST stablecoin, distancing itself from the vulnerabilities that led to the downfall of Terra Classic. This new chapter in Terra's journey is guided by a vibrant community of developers who are steadfastly working on various decentralized applications, thereby propelling the Terra ecosystem into a future of financial innovation and inclusion.

    To secure the network, Terra employs a proof-of-stake consensus mechanism grounded on the Tendermint protocol. Here, LUNA token holders play a pivotal role by staking their tokens to validate transactions, ensuring the network's safety and receiving rewards in proportion to their staked amount. This mechanism, complemented by an annual inflation rate of 7%, is designed to foster network security while aligning the interests of validators with the long-term prosperity of the Terra ecosystem.

    What Is LUNA Token?

    LUNA serves as the primary utility and governance token in the Terra ecosystem, acting as a vital component in the collateralization process of Terra's stablecoins. Initially, the Terra Classic blockchain utilized the LUNC (LUNA Classic) token, but following the 2022 hard fork, the new LUNA token emerged as the cornerstone of the revitalized Terra blockchain. Remarkably, LUNA does not have a fixed supply cap, enabling a dynamic collateralization mechanism that underpins the stability of the various stablecoins in the Terra ecosystem.

    The launch of the new Terra blockchain marked a significant shift in the distribution of LUNA tokens, with an airdrop event that sought to restore balance and faith in the ecosystem. The new LUNA token has a total supply of 1 billion, distributed among various stakeholders, including developers and both pre and post-attack holders, following a well-structured allocation plan aimed at ensuring equitable distribution and fostering community engagement.

    Terra's Impact on Finance

    Despite its turbulent history, Terra stands as a beacon of innovation in the financial sector, embodying the potential to reshape the landscape of global finance. By focusing on stability and usability, Terra aims to accelerate the mass adoption of cryptocurrencies, presenting a viable alternative to traditional financial systems. Its pioneering approach to stablecoins, grounded in algorithmic mechanisms, could potentially revolutionize the way we perceive and use digital assets in e-commerce and decentralized finance.

    Furthermore, Terra's commitment to community ownership, demonstrated by its recent shift to a fully community-owned chain, represents a promising step towards a decentralized financial future where control is redistributed from centralized entities to the wider community. This, coupled with its dedication to fostering a dynamic and inclusive ecosystem, places Terra at the forefront of the next wave of financial innovation, potentially heralding a new era of economic inclusivity and empowerment.

    By continuously evolving and adapting, Terra exhibits a resilient and innovative spirit, demonstrating that even in the face of adversity, it remains committed to achieving its vision of a decentralized and stable financial ecosystem, thus carving a notable imprint in the annals of financial evolution.

    What Determines Terra's Price?

    In the dynamic world of cryptocurrency, understanding the factors that determine the price of revolutionary blockchain platforms like Terra is quintessential. Predominantly, the price of Terra's native token, LUNA, is governed by a blend of market demand and its intrinsic role within the Terra blockchain ecosystem. Like other cryptocurrencies, LUNA's valuation is often influenced by broader market trends, investor sentiment, and developments in the blockchain and DeFi space. These factors coalesce to dictate the fluctuating prices we observe in the cryptocurrency market charts, making it an ever-evolving focal point for investors and enthusiasts alike.

    Within the intricacies of the Terra ecosystem, the LUNA token operates not only as a governance token but also as a stabilizing force for Terra's suite of algorithmic stablecoins. Its function as a collateral asset plays a pivotal role in maintaining the peg of these stablecoins, thereby directly influencing its demand and, consequently, its price. Moreover, LUNA's supply mechanism is algorithmically driven, meaning it doesn't adhere to a fixed cap, allowing for a fluid supply that adjusts based on market demands, fostering a harmonious equilibrium between demand and supply in the Terra network.

    Furthermore, it's imperative to acknowledge the role of macroeconomic factors and regulatory developments in shaping LUNA's price trajectory. As Terra continues to forge partnerships and expand its ecosystem with new decentralized applications and financial products, the perceived value and utility of the LUNA token are likely to experience significant shifts. Investors keen on capitalizing on LUNA's potential growth should remain vigilant of the evolving landscape of the blockchain and cryptocurrency sectors, as these are primary determinants of Terra's price dynamics in the competitive digital asset market.

    Related Articles about Terra

    The Crypto Burrito (Volume II): Terra’s Fall From Grace

    Terra Social Data

    In the last 24 hours, the social media sentiment score for Terra was 3, and the social media sentiment towards Terra price trend was Bullish. The overall Terra social media score was 4,516, which ranks 535 among all cryptocurrencies.

    According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Terra being mentioned with a frequency ratio of 0.01%, ranking 230 among all cryptocurrencies.

    In the last 24 hours, there were a total of 745 unique users discussing Terra, with a total of Terra mentions of 124. However, compared to the previous 24-hour period, the number of unique users increase by 11%, and the total number of mentions has decrease by 36%.

    On Twitter, there were a total of 5 tweets mentioning Terra in the last 24 hours. Among them, 0% are bullish on Terra, 0% are bearish on Terra, and 100% are neutral on Terra.

    On Reddit, there were 1 posts mentioning Terra in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 67% .

    All social overview

    Average sentiment (24h)
    3
    Social media score (24h)
    4.52K(#535)
    Social contributors (24h)
    745
    +11%
    Social media mentions (24h)
    124(#230)
    -36%
    Social media dominance (24h)
    0.01%
    X
    X posts (24h)
    5
    +150%
    X sentiment (24h)
    Bullish
    0%
    Neutral
    100%
    Bearish
    0%
    Reddit
    Reddit score (24h)
    0
    Reddit posts (24h)
    1
    -67%
    Reddit comments (24h)
    0
    0%

    How to buy Terra(LUNA)

    Create Your Free Bitget Account

    Create Your Free Bitget Account

    Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
    Verify Your Account

    Verify Your Account

    Verify your identity by entering your personal information and uploading a valid photo ID.
    Convert Terra to LUNA

    Convert Terra to LUNA

    Use a variety of payment options to buy Terra on Bitget. We'll show you how.

    Join LUNA copy trading by following elite traders.

    After signing up on Bitget and successfully buying USDT or LUNA tokens, you can also start copy trading by following elite traders.

    Terra news

    Galaxy Digital UK obtains FCA license for derivatives trading expansion
    Galaxy Digital UK obtains FCA license for derivatives trading expansion

    Share link:In this post: Galaxy Digital received FCA approval to trade derivatives in the UK through its subsidiary, Galaxy Digital UK Ltd. The approval allows Galaxy’s investment banking unit to offer capital-raising and advisory services in London. Galaxy plans to expand its UK workforce to meet the growing demand for digital asset services. The FCA approval strengthens Galaxy Digital’s compliance efforts and expands its institutional trading reach.

    Cryptopolitan2025-04-03 01:11
    More Terra updates

    FAQ

    What is Terra 2.0?

    Following the community's approval of governance proposal 1623, the Terra blockchain underwent a significant upgrade, giving rise to an entirely new blockchain network known as Terra 2.0, launched on 28 May 2022. The inaugural block of this updated network, termed Phoenix-1, was created around 06:00 UTC. The native token for Terra 2.0 is LUNA (LUNA 2.0), while the preceding network, Terra 1.0, has been renamed Terra Classic (LUNC). Terra 2.0 distinguishes itself as a newly developed blockchain protocol, not a hard fork of Terra 1.0. Unlike its predecessor, it does not support stablecoins. Do Kwon, the founder of Terraform Labs, outlined in the Terra Ecosystem Revival Plan that Terra 2.0 will continue to back some top dApp projects from the original blockchain, intending to supersede Terra 1.0. Migration to Terra 2.0 is not automatic for projects and assets on the original Terra blockchain; they are required to transition independently. Renowned dApps such as Astroport, Prism, RandomEarth, OnePlanet, and Stader have expressed commitment to making this shift to Terra 2.0. This transition marks a significant evolution in Terra’s blockchain ecosystem, reflecting its continuous development and adaptability.

    How is Terra 2.0 different?

    In its latest form, Terra 2.0 solely supports LUNA for staking, diverging from Terra Classic (Terra 1.0), which continues to back stablecoins. This new iteration from Terraform Labs stands out for its cutting-edge technology, including Mantlemint and Terra Station, enabling high-speed transactions, low costs, and enhanced security, all designed to spur DeFi and foster Web 3.0 and NFT app development. Terra 2.0 presents a distinct evolution, serving as a robust platform for dApps and developers, while Terra Classic remains dedicated to promoting global crypto and blockchain payments. Given the notable discrepancy in circulating supply, LUNC and LUNA showcase significant price variations, with LUNA 2.0 initially launching around $17.80 but trading lower as of March 2023. Increasing adoption of Terra’s ecosystem by users and dApps holds the potential to elevate LUNA’s price and market cap.

    What is LUNA price prediction?

    Accurately predicting the price of Terra LUNA 2.0 remains a challenge, yet its value could see a surge with increased adoption of Terra’s ecosystem by both dApp developers and users. As of 2023, LUNA 2.0’s value lingers below the peak achieved by its predecessor, LUNA 1.0. While reaching those heights may be ambitious, positive shifts in market sentiment and growing confidence in Terra could bolster its price. The uplifting effect of rising values of predominant cryptocurrencies like Bitcoin and Ethereum can enhance the overall market mood, attracting more participants. This positive atmosphere could stimulate buying activity, potentially boosting the value of LUNA 2.0, Terra's native token, in the process.

    What dApps will migrate or redeploy to Terra 2.0?

    Projects and assets running on the original Terra ecosystem will not automatically move to the new blockchain but will need to migrate themselves. Some of the leading dApps that have committed to the migration to Terra 2.0 include: 1. Astroport 2. Prism 3. RandomEarth 4. OnePlanet 5. Stader 6. Spectrum 7. Nebula 8. Anchor Protocol

    Who is eligible for LUNA airdrop?

    Per Proposal 1623’s official confirmation, holders of the former LUNA tokens (now LUNC), the algorithmic stablecoin UST (now USTC), and those holding pre-attack aUST (UST staked on the Anchor Protocol) are entitled to receive LUNA 2.0 token airdrops. These airdrops commenced promptly following the formation of the Genesis block on the revamped Terra blockchain. 30% of LUNA’s circulating supply will be distributed to users who possessed fewer than 10,000 LUNC prior to the attack or the UST’s de-peg from the US dollar. Moreover, those holding LUNC, USTC, or both post-attack are qualified for LUNA crypto airdrops. Terra has further introduced a two-year vesting option for LUNA, during which the locked LUNA 2.0 tokens can yield staking rewards and be delegated to validator nodes within the network.

    How was Luna 2.0 airdropped after Luna 1.0 collapse?

    Eligible recipients can expect LUNA 2.0 airdrops in the following proportions: Those holding LUNA before the attack will receive approximately 1.1 LUNA 2.0 for every 1 LUNA held. Pre-attack aUST holders are entitled to LUNA 2.0 at a ratio of 1:0.033. Individuals holding LUNA post-attack will be airdropped LUNA 2.0 at a 1:0.000015 rate. Those with UST post-attack will acquire new LUNA tokens at a 1:0.013 ratio. On 27 May 2022, 30% of the entitled LUNA 2.0 tokens were airdropped at Genesis. The remaining tokens will be made available through a linear vesting schedule over two years, following a six-month cliff.

    What is the current price of Terra?

    The live price of Terra is $0.17 per (LUNA/USD) with a current market cap of $120,043,793.04 USD. Terra's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Terra's current price in real-time and its historical data is available on Bitget.

    What is the 24 hour trading volume of Terra?

    Over the last 24 hours, the trading volume of Terra is $25.33M.

    What is the all-time high of Terra?

    The all-time high of Terra is $19.54. This all-time high is highest price for Terra since it was launched.

    Can I buy Terra on Bitget?

    Yes, Terra is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy terra guide.

    Can I get a steady income from investing in Terra?

    Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

    Where can I buy Terra with the lowest fee?

    Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

    Where can I buy Terra (LUNA)?

    Buy crypto on the Bitget app
    Sign up within minutes to purchase crypto via credit card or bank transfer.
    Download Bitget APP on Google PlayDownload Bitget APP on AppStore
    Trade on Bitget
    Deposit your cryptocurrencies to Bitget and enjoy high liquidity and low trading fees.

    Video section — quick verification, quick trading

    play cover
    How to complete identity verification on Bitget and protect yourself from fraud
    1. Log in to your Bitget account.
    2. If you're new to Bitget, watch our tutorial on how to create an account.
    3. Hover over your profile icon, click on “Unverified”, and hit “Verify”.
    4. Choose your issuing country or region and ID type, and follow the instructions.
    5. Select “Mobile Verification” or “PC” based on your preference.
    6. Enter your details, submit a copy of your ID, and take a selfie.
    7. Submit your application, and voila, you've completed identity verification!
    Cryptocurrency investments, including buying Terra online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Terra, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Terra purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

    Buy

    Trade

    Earn

    LUNA
    USD
    1 LUNA = 0.1691 USD
    Bitget offers the lowest transaction fees among all major trading platforms. The higher your VIP level, the more favorable the rates.

    Bitget Insights

    BGUSER-5PBYRBCJ
    BGUSER-5PBYRBCJ
    11h
    This is happening to me again after Luna. Now Slt will be delisted after we've lost everything. This is crazy
    ME+2.97%
    SLT0.00%
    Aicoin-EN-Bitcoincom
    Aicoin-EN-Bitcoincom
    1d
    Lack of Disclosure on LUNA Costs Galaxy Digital $200 Million
    Michael Novogratz’s Galaxy Digital recently agreed to pay $200 million in penalties to resolve allegations that it violated New York laws when it promoted the cryptocurrency LUNA without disclosing its financial interests in the asset. According to New York Attorney General Letitia James, Novogratz’s failure to disclose that Galaxy Digital sold its LUNA tokens while promoting them was misleading. As part of the settlement, Galaxy Digital and its affiliates are obliged to pay $40 million within 15 days of the execution of the assurance of discontinuance (AD) issued by the attorney general. Galaxy Digital also agreed to pay another $40 million within one year, $60 million within two years, and the final payment within three years of the AD’s execution. Attorney General James’ allegations stem from claims that Novogratz and his company played an active role in boosting LUNA’s market presence between 2020 and 2022. James’ office alleges that Galaxy Digital purchased LUNA tokens, promoted them extensively, and sold its holdings at significant profits—all without revealing its intent to sell or its financial stake in the asset. The New York Attorney General’s office contends that this practice misled investors and contributed to LUNA’s meteoric rise from $0.31 in October 2020 to $119.18 in April 2022. It adds that Novogratz’s public endorsement of LUNA, including getting a tattoo to commemorate its price reaching $100, played a significant role in attracting investor interest. However, the token’s collapse in mid-2022 wiped out over $40 billion in market value, leaving many investors financially ruined. The firm’s undisclosed sales of LUNA tokens, which occurred just before its collapse, raised questions about its ethical practices and compliance with New York’s stringent financial regulations, Attorney General James argued. “Today’s settlement sends a clear message that we will not tolerate unregistered securities sales in New York,” said Attorney General James. “We will continue to protect investors and hold companies accountable for their actions.” The settlement highlights the importance of transparency in the cryptocurrency industry, particularly as digital assets continue to gain mainstream attention. While Galaxy Digital did not admit wrongdoing, the New York Attorney General’s office concluded that the relief and agreements contained in the Assurance of Discontinuance were appropriate and in the public interest. Meanwhile, the Assurance of Discontinuance outlines the conditions under which the office may initiate a subsequent investigation or civil action against Galaxy Digital and its affiliates. 免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到[email protected],本平台相关工作人员将会进行核查。
    LUNA-3.20%
    S+3.02%
    Coinedition
    Coinedition
    2d
    Buy Curve Finance (CRV)? Analyst Sees ‘Perfect Retest’ as Entry Signal
    token of the Curve Finance ecosystem, for potential profit-making opportunities within the current crypto market. The analyst noted a bullish preference for CRV, citing its recent rebound from a key support level as a “perfect retest and pump” scenario playing out. The analyst shared a screenshot of CRV/USD’s 4-hour chart to illustrate their analysis. They highlighted areas showing how the price emerged through critical resistance levels which appeared to reflect building bullish momentum based on the pattern. His chart analysis indicated that CRV’s price spent most of February and March consolidating within a defined price range before the recent move. Related: Early Moves Pay Off as XRP, CRV, and WIF Stabilize at Lows Despite trading within that range previously, CRV’s more recent price action revealed what the analyst identified as a classic uptrend confirmation in late March. This sequence involved the price breaking above crucial prior resistance, successfully flipping that level into new support, and then retesting that support area before continuing its upward trajectory. AltCryptoGems considered this specific break-and-retest price pattern a confirmation of CRV’s bullish short-to-medium term outlook. He cited the upper limit of the prior trading range as the next crucial resistance test for the altcoin’s strength. Related: Why Are LUNA, CRV, GMT, and FTT Experiencing a Surge? Key Insights for Newcomers TradingView data showed CRV trading near $0.5327 at press time (early April 1), after pulling back slightly from a daily high of $0.5775 reached earlier. That daily high coincided precisely with a significant long-term downward trendline drawn from the cryptocurrency’s prior major high near $1.34 set in December 2024. Breaking decisively above this multi-month trendline is needed for CRV to potentially target the $0.6064 resistance level next. Clearing that could allow the token to enter a broader trading range, possibly with increased volatility. Although AltCryptoGems appreciated CRV’s recent bullish chart signals, he also expressed broader confidence in its further upside potential moving forward. He acknowledged the overall crypto market’s current lack of strong directional momentum, describing its recent nature as “slow and choppy.” However, the analyst previously noted CRV’s break above the $0.45 price level as a crucial initial sign that suggested bullish momentum was building. He believes the chart structure could now confirm an emerging “round bottom” formation, a pattern often interpreted by technical analysts as potentially occurring ahead of more significant upside price movement. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
    WHY+1.33%
    WIF+2.13%
    TokenTalk
    TokenTalk
    2d
    💎 2016: $ETH was the gem 💎 2017: $ADA shone bright 💎 2018: $BNB shone bold 💎 2019: $LINK connected the dots 💎 2020: $DOT took the lead 💎 2021: $SHIB made waves 💎 2022: $LUNA rode high 💎 2023: $BONK barked loud 💎 2024: $VIRTUAL Drove high 🚨 What would be the next big thing in 2025? #Ethereum #SHIB
    LINK-0.61%
    DOT+2.39%
    Cryptonews Official
    Cryptonews Official
    3d
    Galaxy Digital’s AI Deal is transformative, analyst says
    Galaxy Digital’s recently announced 15-year AI hosting agreement with CoreWeave marks a potentially transformative move for the company, according to H.C. Wainwright & Co. analyst Mike Colonnese. The deal was announced during Galaxy Digital’s Q4 2024 earnings call. As part of the deal, Galaxy will repurpose 200 MW of its Helios mining facility in West Texas to host 133 MW of critical IT load for CoreWeave’s GPUs. The contract is expected to generate $4.5 billion in revenue over its term, or around $300 million annually, which represents 70% of Galaxy’s total 2024 revenues, according to the analyst. These terms are “very favorable relative to other high-performance computing deals,” with an estimated $2.26 million per MW in annual revenue at roughly 90% EBITDA margins. While the upfront retrofit costs are expected to range between $1.46 billion and $1.73 billion, Colonnese noted that most of this will be financed through project debt. CoreWeave will cover ongoing electricity and operating expenses, keeping Galaxy’s recurring costs low. The analyst also pointed out that Galaxy has 600 MW of additional capacity at Helios to support future expansion. He wrote: “Applying current data center valuations to contracted capacity for Galaxy’s new data center business, we estimate the segment could eventually be worth over $3.5B, a valuation that is far from being priced into shares.” The analyst is maintaining a Buy rating on Galaxy’s stock with a price target lowered from C$35 to C$30. The price target reflects an approximate 40% discount to traditional finance broker dealers given “Galaxy’s smaller scale and narrow focus on digital assets,” and a 40% discount to Coinbase. Galaxy also delivered a Q4 beat. Revenue of $698.1 million was up 388% from the prior quarter and beat the analyst’s model of $248.2 million and the consensus estimate of $202.7 million. The company reported a $560.6 million realized gain on digital ssets in the quarter and a $84.9 million realized loss on investments. Total operating expenditure of $440.3 million was up 137% quarter-over-quarter, driven in part by a $166.3 million one-time charge related to a settlement with the New York Attorney General to resolve claims related to its involvment with LUNA. Net income/EPS of $174.3 million/52 cents also exceeded the analyst’s estimate of $94.2 million/28 cents.
    UP+1.49%
    LUNA-3.20%

    Related assets

    Popular cryptocurrencies
    A selection of the top 8 cryptocurrencies by market cap.
    Comparable market cap
    Among all Bitget assets, these 8 are the closest to Terra in market cap.