Hot Topic - NEAR Protocol! Terra (LUNA) has been seeing a consistent downward price trend, DAI Should Stay Close To $1
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Summary:
- 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
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
