You won’t be surprised to learn that there’s a strong relationship between gamers and cryptocurrency.
Typically, gamers enjoy anything related to technology. Plus, when something goes against the grain and is futuristic, it’s considered even better. Knowing this, it makes total sense that gamers love cryptocurrency.
For the past decade, gamers from all kinds of different backgrounds have invested in Bitcoin. This is because Bitcoin is the most popular and valuable cryptocurrency around.
However, over more recent years, new cryptocurrencies have entered the market and shaken things up a little. One of them is Terra’s LUNA cryptocurrency. This has led to 55% of Millennial gamers owning some type of cryptocurrency (Medium), and this figure is likely to keep growing as the future unfolds.
If you’ve never heard of Terra LUNA before and are a gamer, here’s a selection of reasons why you should invest in it today:
Increasing Price
For several years now, Terra has been experiencing healthy growth as more people around the world continue to invest in it. Naturally, this has raised its market value price. To learn what the current price is at this moment, you should check out OKX, so visit okx.com for terra live price index.
The price of Terra is increasing, which has led to many industry experts predicting that it will one day take over Bitcoin.
What this means is that if you were to invest today and sell your LUNA coins further down the line (when the price peaks), you could end up gifting yourself a huge profit – much like the first group of people who invested in Bitcoin who made themselves rich.
The Upcoming Release of Terra 2.0
Terra is an excellent blockchain platform.
Soon, it’s going to receive the highly anticipated update Terra 2.0. This will see a total relaunch of the LUNA coin in response to the stablecoin crash earlier this year. The developers of the new blockchain will periodically give new LUNA tokens to investors who previously held more than 10,000 LUNA tokens before the crash.
In addition to this, the revamp of the platform will allow for faster and more efficient transactions, which is going to make it much more appealing to the modern investor. As a result, if everything goes right, it could be a huge moment for the crypto industry.
Decentralized Network
The Terra network is entirely decentralized, meaning no party can dictate or control it (such as a government). This provides investors with a great amount of freedom and flexibility that is difficult to find these days. If you want a highly democratic and fair blockchain, look no further than Terra.
Terra Has Strong Backing
Since its launch in 2018, it has received strong backing from OKEx, Binance Labs, and various other big investors. This is great for its long-term standing and stability; and provides Terra LUNA with more credibility in the crypto marketplace.
Conclusion
If you were unsure before about the Terra LUNA cryptocurrency, you should now be confident about investing. Make sure to stay within a comfortable budget range and have plenty of patience, as it can take months and even years for the value of a cryptocurrency to go up in the market.