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The market seems to have increased. Recent monitoring, an average increase of 15%. From the order of coins 1 to the top 10, Terra Luna experienced a very large increase of 80% and Avalanche (AVAX) experienced an increase of 25% in 7 days. While Bitcoin is only 18%.
What do you think makes Terra Luna and AVAX increase with a very high percentage of Bitcoin?

From 2021 tera luna has been the best performing cryptocurrency to now the second largest DeFi blockchain, surpassing Binance Smart Chain and Solana.
Maybe the tera luna percentage increase has something to do with blockchain defi.
Moreover, the LUNA Coin can also attribute its massive growth to the increasing adoption of decentralized finance projects so it is not impossible that the percentage of tera luna has increased so high.

First Solana , you have made a thread for this coin 6 months ago

https://bitcointalk.org/index.php?topic=5360774.msg57974928#msg57974928




and then MATIC in which you tried to push last December 2021 and Yes this has already end the pumping

https://bitcointalk.org/index.php?topic=5375347.msg58616189#msg58616189

and Now here we are ,  LUNA is what you are pushing and yes will Beat Bitcoin in percentage? then when this will be?  ;D

That week percentage can be change without knowing mate, especially if there's a strong resistance ahead and that's what i see right now on terra luna.

Which in my view seems soon or later within this week it will gonna test the resistance.

And its been weeks actually since terra luna makes good performance while other top crypto is making  correction.


And yes if it breakout successfully there will be a continuation of uptrend. However if it reacts on the resistance level, expect a reversal or a retest.

Just looking at the 7-day performance only gives you a momentary snapshot of the market. There could be an actual reason, but most likely it's just the normal fluctuations of pump and dumps of the different altcoins. If you follow these pump-and-dump telegram channels, they constantly announce new alts to buy and to sell, which could already explain the outperformance which is observed here.

I don't think that there is anything strange about the increase of Terra Luna and Avax over Bitcoin because many Altcoins occasionally gain massively against BTC for one reason or the other.
Although reasons for this is not specific as I couldn't particularly point to any source but it can be anything from Massive pump, introduction of new features, partnership that may lead to increase adoption, listing on a new exchange etc.
Let's see how long this will last but I am sure the price will correct back in no time.

This is pretty common as I dont think we need to speculate anything over here as we have seen in the past and even currently we see altcoins gaining more than bitcoin. If it happens on a regular basis for over months or atleast one year then we might think about it but just 7 days data is like a drop in the ocean to come to any conclusion, also we have seen coins like XRP which pumped much more than Bitcoin at one point of time but once it was dumped it was never able to reach even half of its previous ATH wherein bitcoin has set up new ATH which is almost 3x more than its previous ATH during the same period of time. We need to consider how soon a coin can bounce back instead of just focusing on pumps because even shitcoins do dump but then end up worthless.

Previously there was news about Luna will be backed by a $1 billion Bitcoin reserve, it sparked investor interest to own it. Besides that, you can read this Source : fool.com (https://www.fool.com/investing/2022/02/26/the-big-reason-terra-luna-skyrockets-now/) Luna percentage value in above bitcoin for now, maybe it won't that's last long, only a week or even two weeks if lucky.

A common movement of most altcoins that I know especially if new in the market and is being under hype that's why you will see a massive pump percentage but you should not compare Bitcoin into this since Bitcoin could pump like that too especially after a few months after the halving or there's a good news that would pump BTC.

Most people could invest on what they can afford as long as they understand what they have been investing. I've seen several coins almost like this in the past that doesn't last long after the pump, so good luck with that.

There are some news that were triggering the price of luna to increase a lot and i will mention these news here. These news are very bullish at this moment.

https://cointelegraph.com/news/rune-s-upcoming-mainnet-launch-and-terra-luna-integration-set-off-a-74-rally

https://cointelegraph.com/news/terra-price-gains-75-in-february-as-2-57b-in-luna-tokens-removed-from-supply

You can also spend a few minutes to read whole of article and know what was the thing that triggering the big rally that happened with. this seems to be the next top 10 CMC soon.

Luna is very bullish at this moment too.

Usually, the increase can be due to several important updates issued by the developer and team so that it also increases the trust of their investors.
It is natural because this increase is also experienced by other coins and not just Terra Luna and Avalanche.
But that increase doesn't mean the price has jumped dramatically and exceeds the price of bitcoin. Bitcoin itself is currently experiencing a bullish phase, which triggers many altcoins to increase as well.
Bitcoin will also experience a tremendous increase in the future and you will be surprised.

The reason Terra Luna and Avalanche have surged in the past few days is the positive news affecting the market as well as the updates surrounding their development. In recent days, not only LUNA, AVA but also many other coins have increased strongly in recent days. However, I am still a bit apprehensive about this strong reaction, and in my opinion, the market will make appropriate adjustments in the near future.

Because they have lower marketcap, so they are naturally more volatile. There's nothing special in AVAX or Terra Luna, they just happened to move in this week, they might as well have gone down and there would be others instead. I mean wee are talking about weekly changes and those come and go, and most of the altcoins obviously pump back after a market dump like we just had. Even if would be a dead cat bounce.

Like what had happening in all time , because there is not only those mentioned coins has an increase but also almost every legit currency so what is new on that?
and besides let us not look on what is the increase now but what will be the future for those.
surely the whales that bet on this currency had already taken the tons of money and now they are taking their funds out and will never climb back again .

The information behind the impressive rally of this cryptocurrency in the past week is that on February 23, Luna Foundation Guard (LFG), a newly established non-profit organization with the goal of developing developer of the Terra ecosystem, has announced a successful funding of 1 billion USD. All funds raised will be used by LFG to buy Bitcoin as a reserve fund for UST.

In addition, Terra, in the past, has also taken many practical actions to support projects in the ecosystem. In mid-February, Terra announced that it had "pumped" 450 million UST into the Anchor Protocol lending protocol, helping this project continue to provide deposit interest rates of up to nearly 20% for investors. I think it will continue to fluctuate strongly in the near future because the market is currently experiencing a lot of big problems on standby.

So? Why does something like that maters at all? Any coin can have a better week than bitcoin when we have pump and dump groups working every single week to promote their useless coins, so when we think about this from that perspective the fact that a coin happens to outperform bitcoin during such a short time frame does not really tell us nothing about the coin and about the future prospects of it or its potential to keep achieving the same results.

Yes presentation is not everything but the amount of volume traded on that particular coin that determines market interest. then BTC as the coin that determines the direction of the market is what makes the market stable and temporarily bullish. I still believe the market this month will show signs of bull season on Altcoins but it all depends on the price of BTC and the world situation. Luna or other Altcoins will also have a slow upward movement in accordance with the direction of the market

This can be known easily when you wanna try to visit CMC https://coinmarketcap.com/currencies/terra-luna/news/

Bunch of good news have come to the terra luna starting from thor chain integration, more investment come, burn and many more. A lot of good news have come at the same time and this is making people wanna try buy more and more luna as much as they can and this increase already predictable. That's why you were seeing that if terra luna has a better performance compared with bitcoin.

This is a common thing in the crypto and you must not be surprised to see that.

After what I've been through, I have a feeling it's not going to be very good as there will be a lot of things removed from this market. This space has too many junk products and it's not only taking away a portion of the cash flow, but also creating negatives in the market. Diseases, wars, ... are many things that we are facing, and crypto will suffer from this.

I wouldn't really bet on this being long term.

Terra is significantly centralized and dependent on their developers to continue subsidising the Anchor Protocol, which is pretty much the only reason outside of Mirror as to why anyone would use the Terra ecosystem.

I don't think that it is sustainable to have 19.5% or so APY on deposits under a free market mechanism at this point.

Suffering won't last forever either, so don't worry about it if you still have faith in the crypto space, just keep working and doing what you can without pushing yourself.
I'm sure the crypto space will get better even though some people may have been fed up in dealing with the current conditions.

Even though Terra Luna and Avalanche can go up sharply as @OP said, it doesn't make bitcoin lose its popularity because bitcoin will still be the top choice for investors. I'm not too worried about that because if the two altcoins can go high, bitcoin will go higher while the other coins will be behind bitcoin.

Besides that, I also don't understand what can make the two coins go up but it could be because there are still a lot of investors for the two coins and they provide support for the two coins like they provide support for bitcoin as well. So if you see that other altcoins can improve like those two coins, you better use them to take advantage.

Since last year terra luna is indeed one of the projects that can develop for the future, so there are very many investors who follow the project to invest, but we should not influence the current percentage because every time changes will definitely occur, because very many other projects that do have high potential to reach the highest value for now because some coins price decline has occurred up to 50% so when there is an increase.  As they are currently, they will definitely move quickly to return to the highest value.

i think it is not the popularity of Bitcoin is what OP talking but about the percentage in increase recently , things that is true right?

but the long term effect is what matters more here, bitcoin will never gone low to any altcoin it is just the movement at some times happened.

had been reading so much good in the past months and yes the increase as well is going to up high .

The increase in Terra Luna is indeed quite surprising, it can go up to 66% in 7 days, a very high percentage increase. Even if Terra Luna can go up
by another 9%, Terra Luna can reach the ATH price reached by the end of 2021. Honestly, I'm one of those people who regret missing
an investment opportunity at Terra Luna when the price is still very low. If I want to buy Terra Luna now it's too expensive, therefore I have to
patiently wait for the market to correct again to be able to buy Terra Luna. Because Terra Luna will be a profitable project if we hold it at least until
the end of this year.

Okay, but that seems surprising anyway. However, we don't just look for short-term changes, it can more sufficient if we can see this happen long-term.

Well, I'm not seeing this as a sort of price manipulation since LUna is also in the top-performing coin now. Yes, it can be possible to see things happen like this but even it surpasses Bitcoin's growth still, people will choose Bitcoin over Luna. It only beats the price surge but this never means it totally beat Bitcoin.

This looks so impressive. i didn't even expect if the price of tera can grow so high like this time. Bunch of good news and im not feeling doubt if tera was over performing another major coins in the market. Tera can do even better than this and this token may surpass solana as soon as possible if terra was creating more and more partnership to be integrated with another protocol. This will be also growing its community like crazy as more integration means not only with its blockchain but its community become even bigger from time to the another time. This is really interesting thing to watch. I hope that this will be surpassing solana even BSC.
Terra is worth to be on top 3

If it is based on only 7 days and then compare the overall improvement, is it ideal enough for us to see? I don't think it's too good, because it won't be compared even with a period of 1 year though. If you know how different the growth of 1 or 2 altcoins is, you are still lacking in terms of movement in the market. Does it show that the Terra Luna and Avax trend can close Bitcoin's 18% movement? Not

Even though terra luna is considered to be one of the top coins now, indeed it's still surprising seeing an 80% increase there while bitcoin and others are not performing well. This increase can fade days or weeks later but I believe that terra can do it again in the future because it has a potential.

Bitcoin is a top coin but we have seen before how it undergo a manipulation so manipulation on terra luna is also possible but better if we figure things first if what are the other cause of the increase before completely judging it. A pump like this won't simply made btc users to sell their btc and switch with it but they will now consider luna. Btc will always remain to be a number 1 coin, that won't changed anymore.

You really caught two nice coins. AVAX and LUNA will be the star coins of 2022. The output of AVAX is also magnificent.

There is no point on lamenting on missing the opportunity to get an asset for a cheap price, even some of the richest people alive have made some incredibly mistakes and did not invested in projects in which they had the opportunity to do so for a cheap price only to lament their mistake, however that is not important, what is important is that will you do about it? And I think that your planned strategy is the correct one as it will give you the chance to buy this coin for a good price and then wait for the price to increase.

I also think that the popularity of Bitcoin will not decline even though LUNA and AVAX are currently increasing by a high percentage. The rise in LUNA and AVAX made me curious because market conditions have not fully recovered, so it comes to mind that the increase in the two altcoins is like a game. Am I exaggerating?

Terra luna is indeed one of the projects that we can rely on for the future, since the first present indeed this project was developed by a very active team so that it easily attracts investors, although the current percentage is not a very important thing because at any time it can always change but the development of terra luna is very good so this project is very suitable for us to invest, But we must always make research in order to keep up with every development that exists.

No, you are quite right about this if you look at the market conditions which are indeed the concern of Luna and Avax, I also can't turn my eyes to try to pay attention to the movement of these two altcoins. It is possible that Luna and Avax have the potential to become a long-term investment alternative. Broadly speaking, these two altcoins have a large community among investors and traders.

I regretted not buying terra at 49$ days ago even when a friend use trading view to give me clue where terra is going, this is a prediction that became a reality, terra all the way this 2022 either bull or bear market it's a good altcoin to hold and keep for long term.

This is incredibly bad advice.

I think that the value of LUNA is pretty much solely dependent on the state of Anchor protocol and how much revenue is being generated for clients there.

As I've said, I have serious doubts about a) the health of the UST peg and b) the sustainability of yields on Anchor. I certainly wouldn't bet my money on it that these 20% yields are going to persist, and unless some other protocol comes popping up on Terra there's not going to be as much demand for the token anymore.

This always happens, there are often coins that get a much higher rate of appreciation than Bitcoin, there are many reasons for this, it may be because of some good news on the coin or a possible promotion or listing on one of the important exchanges all of these reasons make the coin rise even with a decrease Bitcoin.

Potential because the game will not run for long, especially since the game players also have time to get bored, so there needs to be additional potential through other things for better support.
Luna and Avax have been looking like hype, even though in general both of them also feel that the market conditions are still unstable and everyone can see this clearly.

I am also curious it could affect most of the L1 chains alternatives of Ethereum because we saw before on Solana, we saw how Solana pumped too hard and after that lot of L1 chains popped, like this AVAX and LUNA.
I am thinking that is it possible that their gains could split or there will be only 1 will dominate?

LUNA is really one of the most important cryptos to talk about. Its recent rise indicates that it should be followed up for investment planning.

I am planning to add Luna to my portfolio. I hope it will be a good investment. Also I checked mirror app and I love it. I track Luna price and volume for a few days after that I will decide.

I doubt that LUNA will stay in a good position so far because the increase in the correction period usually won't last very long because in the end it will also experience another decline like the others, although for now there is no visible decline.

this is a really normal phenomenon considering that the coin itself has significantly lower market capitalization compared with bitcoin, in short, bitcoin scoring a higher value increase gonna be a lot harder than a coin thats relatively low in price and have rather low market capitalization.
I’d be shocked if they could increase their market capitalization in the level of ETH first before talking about this kind of price increase because frankly speaking the rank of altcoins below 3 always come and go, the market capitalization could change in everyday quite literally.
Being pumped due to the so many good news came at the same thing is actually a common thing in the crypto. Something can get increase more than 300% in a short time like doge coin.

I also follow luna recently. According to stakingrewards data, Luna has surpassed ETH in terms of stake value, with $29.5 billion Luna locked compared to ETH $24.9 billion. This makes Terra the second most staked crypto-asset after Sol. With more than 20 protocols luna has surpassed BSC, NEAR, to become the 2nd largest ecosystem after ETH.
Luna's all-time high price is $103, it's currently hovering at $91. I think the current price is too high, I will wait for the price to drop I will decide to buy.
https://i.imgur.com/zkWSguZ.png

If you do this at the time of you were writing your message and I guess you already in the decent profit right now as tera luna is recovering so fast compared with another major coins in the market. It's almost three digits right now.


This will always become a good investment for you. You have been getting nice profit from your investment and that will always make you smile to your portfolios. This is how crypto works.
I have been also holding this coin and I'm feeling so good with this coin.

Have you decided that now ? because from the day you said this I see it has been going on for a few days and I want to know what you decide for a few days after seeing Luna's condition until today.
Because actually Luna is not bad to be chosen by anyone in certain market conditions, especially if its potential is never lost in the market.

Yes it's true that until now Luna can still be considered a coin investment that is suitable for the long term or even for the short term.
Since last year Luna is indeed a good coin and has potential so it's no wonder that until now many of us still choose Terra Luna.

LUNA Coin can likewise credit its gigantic development to the rising reception of decentralized finance projects so it isn't unthinkable that the level of tera luna has expanded so high. Assuming that you follow these siphon and-dump wire channels, they continually report new alts to purchase and to sell, which could as of now clarify the outperformance which is seen here.