Cryptocurrency market performance has turned bearish today, with the global market cap already down 0.75% at the time of writing. Terra (LUNA) and LUNA Classic are among the cryptoassets that slipped today. In fact, they were among the biggest losers in the last 24 hours at the time of writing.
Terra (LUNA) is already down 6.3% and LUNA Classic is down 7.6%. According to Coinmarketcap data, $LUNA and $LUNC are lagging behind Bitgert (BRISE) and Centcex (CENX), which are two coins that are doing quite well in the market.
How Bitgert and Centcex are doing
Bitgert and Centcex coins have done quite well in the market this week. They saw a marginal decline today, which is not as big as the decline of LUNA and LUNC coins.
At the time of writing, Bitgert and Centcex were already retrieving yesterday's decline and on an upward path. Bitgert was doing quite well and was expected to hit the green before the end of the day. The projection is that these coins will see an increase before the end of this week.
Bitgert is still enjoying the mass adoption of the recently launched Brise exchange. The Bitgert exchange and the BRC20 zero-gas blockchain are two products that are pushing the price of Brise up. The Brise team is also updating the development of Paybrise, which is one of the main products that can be launched.
Centcex (CENX) is also doing well and has done well in recent days. At the time of writing, Centcex was also in the red, but rebounded from losses over the past 24 hours. Cencex could therefore do very well today, but that will depend on the performance of his bulls.
Will Terra (LUNA) and LUNA Classic Increase Soon?
This is a question that many cryptanalysts have answered in the affirmative. Terra (LUNA) and LUNA Classic are currently consolidating and with a massive burn these coins have the potential to explode.
There is also a lot of innovation happening around these coins, which makes them stand out. Therefore, long-time LUNC and LUNA holders can expect these coins to reward them handsomely.
Bottom line, it will take some time for Terra (LUNA) and LUNA Classic to pick up bull power. However, Bitgert and Centcex are already on the upside and have the potential to continue growing much larger than Terra and LUNA Classic.
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