Terra’s new token, LUNA, has gained over 40% after Binance listing.
Terra’s new token, LUNA, launched on Saturday, gained more than 40% after it was listed on Binance, the world’s largest crypto asset trading platform, yesterday. According to CoinMarketCap data, it is trading at $8.58 with a circulating supply of 210 million at the time of publication and has a market capitalization of $1.7 billion.
As we reported earlier, after the great collapse of UST and LUNA, the Terra community held a vote and decided to fork the network. The old token that crashed after the vote was named LUNA Classic (LUNC) and was relaunched last weekend with the new token LUNA ticker. Distributions were made under the airdrop plan to investors holding LUNA and UST before and after the crash following the launch.
The first crypto asset trading platforms to list the new LUNA token were KuCoin and ByBit. It’s as high as $30 on LUNA Bybit.
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