Ueslei Marcelino/Reuters
Terraform Labs' luna has soared into the top 10 cryptocurrencies by market capitalization — beating out the popular dogecoin, avalanche, and shiba inu coin.
Even though the coin slumped about 6% Monday amid a broad crypto selloff, it still showed an approximate 25% gain in the last seven days — giving it a market cap of about $25 billion, according to CoinMarketCap data.
That valuation is still far off from the top cryptocurrency, bitcoin. Though it's sunk 30% from its November highs, the original digital token still has a valuation near $1 trillion.
Dogecoin and shiba inu, which have previously fought for spots in the top 10 cryptocurrencies, sat at No. 11 and 13, respectively, with «ethereum killer» avalanche at
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