The digital token i.e. cryptocurrency market has seen a huge decline recently. But after that it has recovered again. Meanwhile, Terra Crypto Coin has made it to the list of top 10 cryptocurrencies in the world by market capitalization.
It now has a market cap of close to $26 billion, which is more than Dogecoin, Shiba Inu, Avalanche, Polygon and Crypto.com Coin. Now there is a possibility that it can even surpass Polkadot.
At present, Polkadot has a market capitalization of around $29 billion. As far as investors are concerned, TerraCrypto Coin has made huge profits for the investors as well.
15000 percent return in One Year : Terra Cryptocurrency
Terra has given huge returns in 2021. Rather it has been one of the best performing cryptocurrencies this year.
This digital token has climbed a lot in the last one year as well. It has given returns of more than 15,000 per cent in the last one year. It was less than half a dollar a year ago, but has managed to reach an all-time high of $75.56.
With 15000 percent return, TerraCrypto has increased the wealth of investors 150 times.
That is, if someone had invested Rs 1 lakh in this crypto 1 year ago, then his investment amount would have been Rs 1.50 crore at this time.
That is, on Rs 1 lakh, investors have made a huge profit of Rs 1.49 crore. It has made more than Rs 1 crore of Rs 1 lakh in 2021 itself.
12000 percent return in 2021
According to Coinmarketcap data , the token has achieved an increase of around 12,000 percent in 2021. For example, if you had invested Rs 1 lakh in this token on January 1, then the value of your investment would have been Rs 1.20 crore today.
Let us tell you that cryptocurrencies have been the subject of discussion for similar bullishness in the past.
What is the total supply of Terra (Luna)
This token is currently trading in the range of $68-70. So far it has 382,692,629.13 Luna tokens in supply, while its total supply is 855,799,933. Huge returns are not a new thing in the cryptocurrency market.
Attractive returns have been one of the main factors driving risk-takers to invest heavily in crypto.