Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.<\/i><\/p>\n
For some cryptocurrencies, it\u2019s an arduous process to become a major player in the industry, while for some, it\u2019s a rapid rise to the higher echelon of the crypto world.\u00a0<\/p>\n
While the journey is just beginning for Acrana (ACR)<\/u><\/strong><\/a>,<\/u> the likes of Terra (LUNA)<\/strong> and Dogecoin (DOGE<\/strong>) are established players in the crypto space, and we\u2019ll take a look at their journey and whether the Acrana can reach the level, the cryptos above have hit.\u00a0<\/p>\n Launched in 2018, Terra (LUNA)<\/strong> continuously demonstrates that they are one of the biggest cryptocurrency names.\u00a0<\/p>\n Terra is a blockchain platform for algorithmic stablecoins that aims to reduce the endemic volatility of cryptocurrencies.\u00a0<\/p>\n Developed by Terraform Labs<\/strong>, Terra is now the second biggest smart contract<\/strong> platform, behind only Ethereum, with a market cap of over USD 35 billion.<\/p>\n Alongside Terra\u2019s native LUNA token<\/strong>, Terraform Labs also developed the Terra USD (UST)<\/strong> that through an algorithm, is pegged to the U.S. dollar.\u00a0<\/p>\n In order to stabilise the crypto market, in an attempt to mint UST tokens, LUNA and a percentage of a digital token are burned with more LUNA being automatically burned and transferred to a community pool should the demand for more UST token arises.\u00a0<\/p>\n LUNA has been one of the highest performing coins for the past year, rising by 923.7% in that time frame.\u00a0<\/p>\n It\u2019s been a successful return to normalcy for LUNA in the past couple of months, having dropped to $44.36 on the 31st <\/sup>of January and currently trading at $98.44, surging 21.7% in the past 24 hours.\u00a0<\/p>\n Ventures into the metaverse<\/strong> and NFT<\/strong> market is what Terra is planning in 2022, following the launch of Terra World in 2021, which is a virtual world where users can do business in a digital environment.\u00a0<\/p>\n Arguably, the <\/i>coin of 2021, Dogecoin (DOGE)<\/strong>, is a meme coin founded in 2013 to mock the berserk speculation that surrounded the cryptocurrency market at the time.<\/p>\n Gaining over 3100% in 2021 was a remarkable feat for Dogecoin as they began the year trading at $0.005685 and reached a record high of $0.731578 in May 2021.\u00a0<\/p>\n The coin now has a market cap of over $16 billion and is up by 3.1% in the past 24 hours following a period of price struggle, a struggle some analysts believe will continue.\u00a0<\/p>\n Despite these gloomy predictions, Dogecoin co-creator Billy Markus<\/strong> recently announced the launch of MyDoge<\/strong>, a wallet for iOS<\/strong> users that can support transfers from any cryptocurrency exchange.\u00a0<\/p>\n The Acrana<\/strong> project is a true testament to how far cryptocurrency has come in terms of its importance and influence.\u00a0<\/p>\n With many falling out of trust with the current traditional financial setup, Acrana has a solution for those disillusioned.\u00a0<\/p>\n By creating a global virtual currency backed by cryptocurrency<\/strong> rather than the US dollar, Acrana looks to promote the increasing popularity of decentralisation in the cryptocurrency market by allowing members to own the infrastructure they participate in.\u00a0<\/p>\n Governed by a DAO<\/strong> (decentralised autonomous organisation), Acrana<\/strong> promotes transparency within its project and values the opinions of its members as decisions that concern the project will be made by the Acrana community.\u00a0<\/p>\n Click here for more information:\u00a0<\/strong><\/p>\n https:\/\/presale.acrana.io\/<\/u><\/strong><\/a>\u00a0<\/strong><\/p>\n https:\/\/acrana.io\/<\/u><\/strong><\/a>\u00a0<\/strong><\/p>\n https:\/\/t.me\/ACRANAOFFICIAL<\/u><\/strong><\/a>\u00a0<\/strong><\/p>\n https:\/\/twitter.com\/acrana_io<\/u><\/strong><\/a>\u00a0<\/p>\n<\/p><\/div>\nTerra (LUNA)\u00a0<\/h3>\n
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<\/figure>\nDogecoin (DOGE)\u00a0<\/h3>\n
![](\"https:\/\/lh4.googleusercontent.com\/FeMcBy4-fiAf5XS2mfvEt84Ml_lJy_Ipbmk4y-o0eWt1y-GS5yDUQ9l7aSRc9VzIWHCdQL_x4gz-TKGfeR5RDhGwaav14BdOUI8V8s7_7iLko1nJ9aaiGpAmqsRjuu6sHTMI74S8\")
Acrana (ACR)\u00a0<\/h3>\n