FMP
May 31, 2022(Last modified: Dec 19, 2023)
LUNA classic and UST classic holders received an airdrop on Saturday. The new LUNA 2.0 token, with a total supply of 1 billion, started trading at $14.31 (first recorded value) per unit, hitting an all-time high of $19.54 quickly, but crashing more than 74% to $3.63 per unit Saturday morning.
Given the rush into the exit, it seems investors still have little faith in the token. This casts doubt on the recovery path. The token was trading at $10.2 at the time of writing this article.
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