Terra has launched the much-talked-about LUNA token, airdropping LUNA tokens to LUNA Classic (LUNC) and UST Classic (USTC) holders. There is a maximum supply of 1,000,000,000 LUNA tokens at press time, although the circulating supply remains unknown.
LUNA recorded its most activity on giant trading platform OKX, with a 24-hour trading range between $6.46 and $3.63. Other trading platforms recording notable LUNA trading activity include GATE.io and MEXC Global.
That said, “Luna2” and “Luna 2.0” are currently two of the most trending words on social media over the last 48 hours as holders receive their airdrops. Queries about where to trade the new LUNA tokens have also flooded the internet.
Terra CEO Comments on LUNA Launch
Terra CEO and co-founder Do Kwon tweeted about the launch yesterday, noting: “Phoenix-1 mainnet is now live and producing blocks – public node services, wallets, and explorers should be going live shortly.” The CEO also stated: “To view your LUNA (or LUNA2 as some exchanges call them) token balances, you only need to log into [Terra Station] and refresh the page.”
Several other top crypto exchanges have been activating support for the new LUNA token, including Kraken, Bitrue, Kucoin, Bybit, Nexo, Lbank, Bitfinex, and Bitget. Meanwhile, data from Cryptocompare shows that Tether (USDT) commanded the majority of LUNA trades, followed by ETH. The crypto asset can also be traded against several fiat currencies, including USD, CAD, EUR, PHP, INR, and IDR.
The new LUNA token has been a controversial topic on several crypto forums and social media since Terra announced it. The token has elicited different reactions from the crypto community, with some championing the idea and explaining the potential it holds while many criticize or mocked it.
You can purchase Lucky Block here. Buy LBlock
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.
