143.Terra Altcoin Behavior (Psi)

    Terra decentralized blockchain is a network that provides the infrastructure needed to generate money. Terra lays the foundations for the digital economy through the Stable Coins Protocol, the Oracle System, and smart contracts. The LUNA token is used to keep the price of the Terra currency constant. This helps keep the currency code a stable coin. The value of this token is determined by a certain ratio against a Fiat currency. So, Luna is a main coin of Terra ecosystem. Terra blockchain has many altcoins like ASTRO, MINE , STT , PRISM and etc. Altcoin (meaning alternative coin), refers to any cryptocurrency issued after its main coin. In this example, Luna is the main coin of Terra ecosystem and other coins are alternative or altcoins.