Investors are upbeat about Terra Luna following its incredible gains.
Following a controversial crash earlier this year, Terra Luna has now become a top 100 cryptocurrency, gaining more than 300% month-to-date.
LUNA is currently trading at $4.91 and has a total market capitalization of $623 million. The Terra Classic blockchain is the original Terra blockchain, while LUNA 2.0 was created by Terraform Labs founder Do Kwon after the crash as a regeneration strategy.
The recent gains come in the light of Terra Classic passing governance proposals to add a 1.2% tax on all its on-chain transactions on the day. Terra (LUNA) is now the 71th largest cryptocurrency by market cap, while Terra Classic (LUNC) ranks in the 30th position.