1. Manager (MANAGER):
It was the native currency of Terra Network, a platform focused on decentralized finance (DeFi) applications.
It suffered a major collapse in 2022 after the stability crisis of its stablecoin USTC, which led to a loss of confidence in it.
2. Earth Classic (AWAY):
The old version of the Terra network after the network was relaunched as Terra 2.0.
LUNC is currently used as a speculative token, with its functional role declining.
3. TerraClassicUSD (USTC):
It was a stablecoin pegged to the US dollar.
It lost its link to the dollar after the famous crash, resulting in huge losses for investors.
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Currency comparison:
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Current status:
1. OFFICER:
Status: Still suffering from a crisis of confidence, but seeking to regain its position through new projects and technical improvements.
Risks: Demand is low and volatility is high, making it unstable for long-term investment.
2. WHERE:
Status: Mainly used for speculation. No clear plans announced to reactivate the network.
Risk: Its value depends on the speculator community, which increases the possibility of price volatility.
3. USTC:
Status: It has not regained its status as a stablecoin, and is now considered a speculative asset only.
Risks: The lack of a clear functional role makes investing in it risky.
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Future expectations:
The future of these currencies remains uncertain given past events.
LUNA could see some recovery if the network succeeds in implementing innovative projects.
Other currencies are dependent on market movement and speculation, making them not guaranteed for long-term investment.
advice:
Focus on coins with clear projects and real value.
Conduct thorough research before investing to avoid risks. This is not a recommendation or an invitation to buy, no one is more careful with your money than you.
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