Terra’s Ambitious LUNA 2.0 Plunges 70% in 24 Hours

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With the ambition of recovering from the losses that occurred after the LUNA failure, the team behind Terra launched LUNA 2.0. However, the cryptocurrency was a major success immediately after launch.

Over the weekend, the value of LUNA 2.0 decreased by almost 75%. Despite a marginal recovery, the digital currency is trading near $ 6, compared to an open price of more than $ 18. The relaunch of LUNA was an important part of the company’s revival plan.

Earth 2.0

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So Kwon, the co-founder and CEO of Terraform Labs, revealed details about LUNA 2.0 in a series of tweets on Saturday. “Pheonix-1 is now live and producing blocks – public node services, wallets and explorers should be up and running soon. To see your LUNA, (or LUNA 2.0) as some exchanges call them, token balances, all you need to do is log in to the station and to refresh the page. For new users, create a station wallet with the same ledger and the station should guide you through the rest of the steps, “said Kwon.

List of MOON 2.0

Since its launch, several digital exchanges around the world have announced the listing of LUNA 2.0. On Saturday, Binance announced that the platform will list LUNA 2.0 in its Innovation Zone. Binance’s Innovation Zone is the company’s dedicated trading zone where users can trade new tokens that may have increased volatility and present a higher risk than other tokens.

“Binance will list Terra 2.0 (LUNA) in the Innovation Zone and open trading for trading pairs LUNA / USDT and LUNA / BUSD at 2022-05-31 06:00 (UTC)”, the exchange said in an official statement. announcement.

Recently, Gate.io also announced the completion of the LUNA 2.0 airdrop to LUNC and USTC owners. “Gate.io has now distributed LUNA2.0 (LUNA) flyers to all eligible users based on their balance at the pre-attack snapshot (taken on May 7, 15:00 UTC) and the post-attack snapshot (taken in May). , 16:30 UTC) respectively, ”noted Gate.io.

With the ambition of recovering from the losses that occurred after the LUNA failure, the team behind Terra launched LUNA 2.0. However, the cryptocurrency was a major success immediately after launch.

Over the weekend, the value of LUNA 2.0 decreased by almost 75%. Despite a marginal recovery, the digital currency is trading near $ 6, compared to an open price of more than $ 18. The relaunch of LUNA was an important part of the company’s revival plan.

Earth 2.0

coinmarketcap.com

So Kwon, the co-founder and CEO of Terraform Labs, revealed details about LUNA 2.0 in a series of tweets on Saturday. “Pheonix-1 is now live and producing blocks – public node services, wallets and explorers should be up and running soon. To see your LUNA, (or LUNA 2.0) as some exchanges call them, token balances, all you need to do is log in to the station and to refresh the page. For new users, create a station wallet with the same ledger and the station should guide you through the rest of the steps, “said Kwon.

List of MOON 2.0

Since its launch, several digital exchanges around the world have announced the listing of LUNA 2.0. On Saturday, Binance announced that the platform will list LUNA 2.0 in its Innovation Zone. Binance’s Innovation Zone is the company’s dedicated trading zone where users can trade new tokens that may have increased volatility and present a higher risk than other tokens.

“Binance will list Terra 2.0 (LUNA) in the Innovation Zone and open trading for trading pairs LUNA / USDT and LUNA / BUSD at 2022-05-31 06:00 (UTC)”, the exchange said in an official statement. announcement.

Recently, Gate.io also announced the completion of the LUNA 2.0 airdrop to LUNC and USTC owners. “Gate.io has now distributed LUNA2.0 (LUNA) flyers to all eligible users based on their balance at the pre-attack snapshot (taken on May 7, 15:00 UTC) and the post-attack snapshot (taken in May). , 16:30 UTC) respectively, ”noted Gate.io.

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