The recent boom in the price of Luni coin has attracted a lot of attention towards this crypto. But since it’s not a well-known crypto, many are looking for what is Luni coin and what it’s going to be used for in the future.
In this short article, we will describe What Luni Coin is. Our data and information are based on the white paper uploaded on the official Luni website.
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What you’ll read in the article:
- What is Luni coin?
- Core functions of the Luni Coin
- A quick look at the LUNI coin’s Roadmap: MOONMAP
- Why you should consider buying LUNI COIN
What is Luni coin?
Overall, LUNI is a decentralized token that aims to bring benefits and entertainment to Terra Network. It also runs on the Terra ($LUNA) network. The project is created to add amusing features to the Terra blockchain network.
As you might already know, Terra chain (launched in 2019) is a secure, decentralized network which is based in South Korea. The Terra network is chosen for the LUNI coin based on thorough research on ETH, SOL, ADA and other networks and was launched in Nov. 2021.
Below is the current price (at the time of writing) of the LUNA coin.
Core functions of the LUNI COIN
Based on the description on the official LUNI website, the main functions of the coin are as follows:
• Integration with NFT collections
• P2E games
• Staking and reward
• Mobile applications
• Wallets based on Terra
• Events for the LUNI communtiy
• A project called LUNILAND
A quick look at the LUNI coin’s Roadmap: MOONMAP
Luni coin’s road map consists of 5 main steps. The project is currently at the third phase. it means that the project has already launched the NFT collection, and is working on its mobile application.
Before explaining further the roadmap and possible moves that might lead to a rise in the price of the token, let’s have a look at the actual roadmap (MOONMAP) of the project.
As you can see the LUNI COIN project is currently in the middle of the roadmap. this means that as the project moves forward and launches its mobile application and wallet etc. the price will definitely go high. Based on the road map and its current price, the coin is likely to surge in price in the near future.
My guess for the year 2022 is that by the progression of the roadmap, and as the Luna coin gets bigger and advances further ahead, the price will reach a new pinnacle.
Why you should consider buying LUNI COIN
Although some people are attracted to Luni because of its high-profit margins, there are other reasons why one might consider investing in this project.
• Luni has an engaged and determined professional team with a hands-on approach to constantly deliver the value of an extraordinary Terra token.
• Full transparency from the beginning days of the project.
• The growth of the project has been based on organic growth and not exponential one to avoid pump and dump
• Responsive and trustworthy team, always listening to the community and introducing valuable feedback
• A carefully designed plan which is being executed step by step
• Long term checkpoints & goals. This will lead this team and project to become one of the most famous tokens on Terra.
How to buy Luni coin and what is luni coin market place?
Some cryptocurrencies, such as Luni, are harder to obtain than others. Luni coin is not available on the Coinbase app or Coinbase Wallet. Nevertheless, I have provided some hints to guide you find the best way to buy Luni that worked for me and I am sure it’ll do the job for you as well.
For each cryptocurrency, including Luni, CoinMarketCap provides a list of purchasing options. So, the first thing you need to do is go to CoinMarketCap and search for Luni.
Tap on the “Market” label that can be seen near the chart. Then, you can see a full list of places you may buy Luni as well as the currencies you can use to obtain it.
Lastly, under “Pairs” you’ll see the shorthand for Luni, LUNI, plus a second currency. The second currency is what you can use to purchase Luni. For example, if you’d like to purchase LUNI with the U.S. Dollar, look for LUNI/USD.
That’s it for now! Are YOU holding any LUNI coins? let us know what you think about the article and how do you expect the price of the LUNI coin will change in the year 2022?
In conclusion, to answer the question “what is Luni coin” we can point out the fact that with the supply of 10,000,000,000 LUNI coins. LUNI is a meme/utility token released on the Terra network.
If you’re interested in buying Luni coin, all you need to do is visit CoinMarketCap and search for Luni.
Then you should tap on the button labelled “Market” near the price chart. In this view, you can see a full list of places you can purchase Luni as well as the currencies you can use to obtain it.