New Luna Token Down Almost 90% From Its All-Time High and Keeps Trending Lower
Blog iconariay.eth
Jun 9
LUNA, the native token of the new Terra blockchain, has fallen consistently in the market since seeing an initial spike on its first day of trading, with industry observers keep questioning whether the attempt to revive Terra will work. According to price data from the crypto exchange Bybit – one of the first major exchanges to make the new token tradeable – LUNA launched on May 28 at a price of USD 0.5. It then went on to rise quickly to a peak of USD 30 within the first hour of trading. Fol...

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