Investment

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duration: 1 Hour and 41 Minute

Terra Hits All-time High

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Terra has touched a new all-time high as of Monday night, hitting $83.74 in overnight trading. Terra uses fiat-pegged stablecoins to manage global payments, increasing use cases for cryptocurrencies across several platforms. Terra picked up nearly 3% in the last 24 hours on nearly a 44% increase in volume. In the past 7 days, Terra has risen almost 48%. However, the token lost a fraction of a percent to both Bitcoin and Ethereum. Since the beginning of the year, investors have seen over a 12 thousand % increase in Terra with over a 200% gain in the past 90 days. Additionally, Terra is benefiting from more than a 2% increase in the global market cap. As Terra gains value, it’s also gaining popularity, becoming one of the most mentioned tokens on Twitter ($TWTR@US) yesterday. At press time, Terra was up nearly 14% at $83.66.

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