.png){kind=logo}
Below find the current crypto prices for Terra Luna (LUNA), Unifi Protocol DAO (UNFI), and EverGrow Coin (EGC) as of June 8, 2022.
These cryptocurrencies have seen huge interest in recent weeks. In the case of Luna, it comes amid intense speculation about the new crypto token. UNFI meanwhile is seeing a price explosion up 238% in the past day while EverGrow Coin rockets past $37 million in rewards.
EverGrow Coin is currently trading at a price of $0.0000002149.
This is a 4% price increase from yesterday, though a recent price hike took EverGrow Coin up 15% in the past few hours.
EverGrow Coin has been grabbing headlines lately after shooting past $37 million in stablecoin passive income rewards for investors (since a September 2021 launch). As opposed to DeFi projects generating passive yields from staking or other mechanisms, EverGrow Coin charges a transaction tax.
From a total of 14% transaction tax, 8% is redistributed as BUSD rewards, with 3% sent for liquidity, 2% for buyback & burn, and 1% for marketing.
While the transaction tax may discourage short-term trading – for EverGrow Coin this is a good thing. Alongside an anti-whale mechanism, this helps to stabilize the EverGrow Coin price while meaning any sales go directly into the pockets of investors.
EverGrow Coin is set to drop an NFT marketplace and content subscription platform in the next few weeks to ensure high trading volume, while strategic coin burns will burn through its circulating supply.
Unifi Protocol DAO is rocketing 238% in price today.
The UNFI price was as high as $37 in recent hours – nearly brushing the all-time high price of $42. The UNFI price is now down to $11 but this is still 238% up from a price of $3 just yesterday.
Unifi Protocol DAO is a DeFi project which helps enterprises develop their own DeFi solutions. It builds on Ethereum but aims to include more blockchains in the future. UNFI stakers can also receive rewards.
The price of Terra Luna is taking a beating today.
Luna has lost 18% in price in the past 24 hours to fall to $3.58. Just yesterday the Luna price was as high as $4.5 – last week the Luna price was up at $7.4.
This blow to Luna comes after it debuted on many exchange platforms at $15. On some exchanges, this rocketed to $30 before correcting to between $6 to $9. Luna was expected to fall sharply in price due to immediate sell-offs following the airdrop of 210 million Luna tokens to disaffected investors in the previous Terra Luna and TerraUSD tokens (now LUNC and USTC). Many of Terra's previous most popular dApps are still migrating to the new Terra blockchain. At present, Luna is therefore a highly speculative coin and Luna prices are likely to be volatile until Terra regains trust and functionality.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
