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LUNA is dead, Long live LUNA!

vlemon

Published: 29 May 2022 โ€บ Updated: 29 May 2022LUNA is dead, Long live LUNA!

LUNA is dead, Long live LUNA!

Hi HODLers (Bitcoin hopefully not LUNA ones),

The new version of the Terra blockchain, โ€œTerra 2.0,โ€ with freshly minted LUNA tokens. was launched on early Saturday.

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As reported by Coindesk:

A snapshot of the new blockchain, currently called "Terra 2.0," took place earlier this week after the conclusion of a vote among network validators with a 65% approval rate.

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The performance of this token has been underwhelming as any previous LUNA investors probably wanted to recoup whatever $ value they could from this entire shitshow.

Currently, LUNA is traded across seven different exchanges: Bybit, Kucoin, Kraken, MEXC, OKK, Bitrue, and BingX

New LUNA Price

In the first 12 hours, the LUNA token lost 73% of its value!

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The previous LUNA has been renamed LUNA Classic

It has held its ground so far and even bounced a little this Sunday. Let's see if some believe this token can be revive.

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NFA BUT I wouldn't touch any of these tokens after everything that happened.

Sources:

Stay safe out there,

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