Anyone holding Luna (CRYPTO:LUNA) tokens (the native cryptocurrency of Terra) is undoubtedly happy today as these tokens continue to skyrocket in value. According to CoinMarkCap, Luna tokens are up 15% over the past 24 hours and are up roughly five times in value over just the past month. Driving the increase in price today is strong trading volume — up 37% from yesterday.
Keep in mind that today’s 37% volume gain is impressive considering Luna tokens were up big yesterday as well. There are a couple of fundamental factors driving awareness for Terra’s Luna. The biggest factor could be related to Coinbase. As one of the largest cryptocurrency exchanges in the world, it can bring awareness to a cryptocurrency simply by supporting it.