LUNA 2.0 Skyrockets 40%, Trading on Binance Now Live PlatoBlockchain Data Intelligence. Vertical Search. Ai.

LUNA 2.0 Skyrockets 40%, Trading on Binance Now Live

Time Stamp: May 31, 2022 5:34 AM

The native token of the recently-launched iteration Terra 2.0 soared in value over the past 24 hours. This comes as LUNA is now trading live on the leading cryptocurrency exchange – Binance.

  • As CryptoPotato reported a few days ago, Terra 2.0 launched and successfully started producing blocks.
  • Multiple exchanges supported the airdrop for LUNA holders and, subsequently, enabled trading services for the new token, and the price went on a rollercoaster, skyrocketing to $30 (on some platforms) and declining all the way down to $4 hours later.
  • With that said, the leading cryptocurrency exchange by means of daily trading volume – Binance – only enabled LUNA trading a few hours ago after having finalized the airdrop to its users.
  • In an announcement from earlier today, the exchange noted:

Binance has completed the Terra (LUNA) airdrop distribution to Terra Classic (LUNC) and TerraClassicUSD (USTC) holders.

  • In the past 24 hours, the price of LUNA has gone on a tear, skyrocketing by around 42% at the time of this writing.
img1_lunachart
Source: CoinMarketCap

 

  • The cryptocurrency had surged higher above $11 but has since retraced to where it’s currently trading.

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