LUNA is dead, Long live LUNA!
Hi HODLers (Bitcoin hopefully not LUNA ones),
The new version of the Terra blockchain, โTerra 2.0,โ with freshly minted LUNA tokens. was launched on early Saturday.
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.
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!
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.
NFA BUT I wouldn't touch any of these tokens after everything that happened.
Sources:
- LUNA Reboot Plummets Over 70% Just Hours After Debut
- New Terra Blockchain Launch Expected Saturday, With LUNA Airdrop to Follow
Stay safe out there,
Latest Analysis
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