Terra LUNA 2.0 Price drop of 60% after the long-awaited Airdrop

Terra’s Airdrop closes in May, which began with the sinking of LUNA 2.0 and TerraUSD (UST) from Terra. However, after a few hours of circulation, the new prices renamed Terra plummeted.

LUNA Airdrop is live

In order to restore Earth, DO Kwon, the founder, and the community came up with some ideas. The majority of votes were in favor of changing the name of the old Tera Classic chain and creating a new chain called Terra (LUNA) (LUNC). As part of the approach, new tabs will be distributed to specific types of headlines.

Today was the day Block 1 of the new Terra blockchain was created, according to Terra. Meanwhile, just hours after the introduction of the new token, its value was reduced by 60%. According to sources, Terra (LUNA) 2.0 started trading between $ 17 and $ 18. Then the price went up to the level of $ 20.

So far, the price of land has hit $ 6.30. The company’s trading volume rose 2408% to $ 97.5 million. On the other hand, the price of Terra Classic reached $ 0.

1 billion people to receive the Airdrop

Terra has already reported that customers who are eligible for the LUNA air launch can search for their portfolio for the new chain and must choose the Phoenix-1 network. However, only 1 billion people will receive the Airdrop.

LUNA holders will receive 35% of the total before the attack, and 30% will go to the community pool. UST holders will then earn 15% of the air launch after the post-docking period.

In addition, Terra claims that users can put their LUNA liquid in a variety of products. You can bet on Earth Station in exchange for incentives and vote on government options.

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