Place/Date: - May 15th, 2022 at 4:32 pm UTC · 3 min read
The recent crypto market crash has left many fearing for their investments and even some of the most famous crypto billionaires have suffered losses of millions, as digital currencies plunge in value.
Although digital currencies emerged as a safer investment than traditional real-life currencies that are tied to weak economies, crypto has been known to suffer when investors fear for the future of the global economy.
Recently investors have started showing concern about the current landscape of the market, and some sold their investments amid fears of a new recession. Mostly due to high inflation and global economic tumult. One example is Elon Musk, known among his social media followers as ‘crypto bro’, who is one of the billionaires who suffered from the currency crash. The Tesla CEO took a $1.5 billion gamble on Bitcoin over a year ago and saw that investment lose over $300 Million in value.
Since launching in 2019, Terra has become one of the preferred platforms for decentralised finance (DeFi) crypto technology, as the ecosystem contains more than 100 natively built projects.
Earlier this week the price of the LUNA, its native token, fell by more than 98% overnight after the token had been ranked among the top 10 most profitable currencies in the market.
It traded for $120 last month but as Luna dropped below $1 on Wednesday (11th May), this could be your best opportunity to buy one of the most sought-after coins for a premium price.
The opportunity of buying one of the top 10 cryptocurrencies for a price this small may never come again. At the time of writing, the Terra (LUNA) price is $0,000038.
Ethereum has been in the market since 2015 and quickly became the second-biggest cryptocurrency by market cap, surpassing crypto giant Bitcoin.
It is a decentralised open-source blockchain with smart contract functionality, DeFi apps, and other financial services such as global payments.
Its governance token, Ether (ETH) is a favourite for investors because it remains successful and profitable. The platform is also used for Initial Coin Offerings as Ether raised $2.3 million in its ICO.
Despite Ether suffering from the volatility of the market and crashing 22% in just one day, Ethereum has remained one of the most relevant coins over the years and this might be your best chance to acquire the token for cheaper. Currently, the Ethereum (ETH) price is $2,091.27.
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BoostX is your opportunity to purchase a highly-anticipated coin before they are priced in the market, at the cheapest price.
The recent market crash has the top 5 and top 10 cryptocurrencies crashing overnight and dropping to shocking levels, wiping away a price value bigger than $1 trillion in total. But to many, price drops means that this is your best chance to get Ethereum and Terra for the cheapest price.
With the presales, crypto token prices are always premium which means you do not need extensive market research before buying. Start earning today with BoostX.