About a month ago, Terra was rated among the top and fastest-growing blockchains in the cryptocurrency industry. However, the network suddenly became a shadow of itself, following the collapse of its algorithmic stablecoin TerraUSD (UST), and cryptocurrency LUNA. The value of both assets shrank by over 99%, leaving investors with a sour experience.
After several considerations, Terraform Labs, the development firm behind the Terra blockchain, resorted to fork the network into a new chain, and also create a new cryptocurrency, Terra 2.0 (LUNA).
This article discusses the new LUNA 2.0 crypto and lists of exchanges where you can buy it.
Overview of LUNA 2.0 and market price
The new Terra blockchain and LUNA 2.0 cryptocurrency went live on 28th May. The former Terra chain and cryptocurrency were renamed “Terra Classic” and “LUNC,” respectively, while the new chain and cryptocurrency retain the original name, “Terra” and “LUNA.”
As the founder of Terra Network, Do Kwon, had proposed, LUNA 2.0 crypto was airdropped to disgruntled investors that held LUNC before and during the price crash. The new crypto is currently on several major exchanges, however, the market price is down over 70% from the all-time high, according to CoinMarketCap.
During the time of writing, LUNA 2.0 was trading at $5.17, with a market capitalization of $1 billion. There are reportedly 210 million LUNA cryptos in circulation. Interestingly, the 24-hour trading volume is up over 168% despite the low price.
Where to buy LUNA 2.0 crypto
Exchanges like Binance, Bitfinex, Bybit, Huobi, Bitrue, etc., supported the LUNA crypto airdrop, and also listed the token for trading. However, the majority of them only allow LUNA 2.0 spot trading. Below is a list of exchanges where you can buy the LUNA crypto.
|Binance||LUNA/BUSD, LUNA USDT||+$200M|
|HitBTC||LUNA/USDT, LUNA/BTC, LUNA/ETH||+$190k|
|BtcTurk Pro||LUNA/TRY, LUNA/USDT||+$8M|