Terra’s $LUNA, the new luna token issued by the Phoenix blockchain, increased more than 200% on Friday against the USD.
Presently, LUNA is up 175.2% after dropping from the 24-hour high on Friday. 14-day stats indicate LUNA has increased 224.1% against the dollar and the coin has an overall market valuation of around $978 million.
USTC jumped 27.3% during the last seven days and two-week statistics show USTC is up 55.9%. Terra’s former stablecoin has a $461.67 million market cap and $211.24 million in global trade volume today.
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