LUNA marks a major milestone, but here’s what investors are worried about

ambcrypto.com:

Terra delighted its more bullish investors when it showed them a tall green candle on 28 February that took LUNA above $90, while another green candle on 9 March briefly took the asset above $100. However, investors can use some wider context from the crypto industry to better inform their trading decisions.

Research from Messari revealed that out of the top 30 invested assets, Terra had the highest-circulating market cap. The results come after Terra spent the last quarter trailing behind better-performing assets such as Solana, Polkadot, and Avalanche.

This is significant for @terra_money considering they were fourth in market cap last quarter behind @solana, @Polkadot, & @avalancheavax. pic.twitter.com/kSH2jXiasb

— Messari (@MessariCrypto) March 10, 2022

At press time, however, Terra’s LUNA was the seventh biggest crypto by market cap, switching hands at $91.58. LUNA went down by 3.93% in the last 24 hours and rose by 12% in the past week.

Other than the price, however, one thing that makes LUNA attractive to investors is that its volatility dropped by 55.5% in the past 24 hours of 11 March, even if it rose by 29.7% in the past week. This could serve as encouragement to new investors who want to get in on the rally.

Source: lunarcrush.com

You might expect LUNA investors to be on top of the world, but data from Santiment shows this isn’t exactly the case. Weighted sentiment was in the negative territory, at around -0.3 on 11 March. This came after a fall from highs of around 3.92. One reason for this could be a small dip in LUNA prices that came after the earlier rally.

Adding to that,