A popular analyst predicts a strong boom for Ethereum‘s competitor and an exchange coin.

The person known in the industry as a smart contracter says that Terra (LUNA) could rise about 66% from current levels and hit a new all-time high.

“In my opinion, the Layer 1 rally isn’t over yet, but it has recently started to expand to some prominent coins like LUNA. 70 US dollars or more are within reach. “

The source: SmartContracter / Twitter

Blockchain Layer 1 refers to the main chain of the blockchain, which is simply understood as the original blockchain architecture.

LUNA is trading at $ 42.01 at press time.

The smart contracter also says that the governance token (CRV) of the decentralized exchange Curve is preparing for a “big” breakout after trading in a narrow range since the beginning of the year.

“CRV / BTC has been a basis for the whole year, the longer, the stronger the compression.

This breakthrough will be huge. “

The source: SmartContracter / Twitter

You can see the price of the coin Here.

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Disclaimer: This article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions.

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According to Dailyhodl

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