Terra (Luna) flips Shiba Inu, soars 12% to hit new all-time high
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Terra (LUNA) has reached a new all-time high, moving past Shiba Inu to become the No. 12 crypto on an otherwise mostly mixed and uneventful day for the top coins.
The stablecoin collateralisation protocol was up 12.4 per cent to US$63.56, and earlier hit an all-time high of US$64.87.
Everyone is ready for $100 $LUNA, right?
— K A L E O (@CryptoKaleo) November 28, 2021
It was the biggest gainer in the top 100, followed by Polygon (MATIC), which had risen 11.7 per cent to US$2.12.
Bitcoin was flat at US$56,821 and Ethereum was down 4.3 per cent to $US4,525, giving up some of yesterday’s gains.
Shib was down 5.4 per cent to US0.004303c, with a Kraken listing not providing the boost that fans of the meme coin had hoped.
Rival Dogecoin was down 4.2 per cent to US20.59c, while Avalanche was down 6.5 per cent to US$116.81.
On the flip side, Stacks was down 10.8 per cent to US$2.66, making it the worst performer in the top 100, a day after being the biggest gainer.
Horizen (ZEN) fell 10.6 per cent and Immutable X dropped 10.5 per cent.
Overall the crypto market was at US$2.6 trillion, down 1.29 per cent from yesterday.