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Price swings of the Luna token were noticeably high in 2021, recording a volatility of nearly *** percent in ***. Measured in a metric called volatility, the percentage shown here reflect how much the price of Ethereum in U.S. dollars changed historically over a preceding 10-day window. Changes can be either up or down, with a higher volatility reflecting that an asset is more risky, as price movements are less easy to predict and can swing in any direction. Luna's changes can generally be attributed to *** events. First, the integration of Terra - the blockchain behind the LUNA token as well as stablecoin UST (TerraUSD) - on Crypto.com in ****, allowing users of one of the world's largest crypto exchanges to stay informed about Terra. Second, there was the Terra network's actual release on Wormhole in *. This connected Terra to the world of Decentralized Finance or DeFi, where it quickly became one of the main blockchains in terms of DeFi total value locked (TVL).