LUNA's Price Volatility

    Let us explore the volatility of LUNA token price on daily basis over the past 2 weeks and in this dashboard, we can see how LUNA token price varies on daily basis and its volatility in Terra network and ecosystem, when compared with ETH token price changes.

    The below graphical curve shows the minimum and maximum price recorded for ETH token in the past 2 weeks.

    The below bar representation shows the Standard deviation of ETH token price in the past 2 weeks on captured on daily basis.

    The below graphical presentation shows the minimum and maximum price recorded for LUNA tokens in the past 2 weeks on a daily basis.

    The below bar representation shows the Standard deviation of LUNA token price on daily basis over the past 2 weeks.

    As per the below bar chart, the daily volatility of this LUNA asset price is measured using Standard deviation of price day over day, which gives the amount of variation or dispersion of a set of values.

    A low standard deviation indicates that the values tend to be close to the mean (also called the expected value) of the asset, while a high standard deviation indicates that volatility is also high.

    What is LUNA and what does its Standard Deviation means?

    LUNA is the main governance token on Terra and serves as a foundational asset for the entire Terra network and ecosystem. As the Terra economy shoots up, LUNA token price also goes high.

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    What is Ether and its Standard deviation?

    On the other hand, ETH tokens are the digital assets that were built to strengthen the Ethereum ecosystem by driving demand for ether, the native currency of Ethereum.

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