“Zero plans to shop for Luna 2.0, however i will dump any airdrop if i buy one thing on Binance,” said Lark Davis.
The price of Terra (LUNA) has tanked around 70th since the re-launch of the Terra ecosystem via Terra 2.0 on may 28.
Under the revival set up of Terraform Labs founder Do Kwon, new Luna tokens, also remarked as Luna a pair of, are being airdropped to investors that previously control Luna Classic (LUNC), TerraUSD Classic (USTC) and Anchor Protocol UST (aUST).
According to data from CoinGecko, Luna has born roughly 69% since its gap of $18.87 on Sabbatum to sit at around $5.71 at the time of writing.
At this stage, the sharp plummet seems to suggest a relative lack of religion in Do Kwon’s revamp moving forward, with several investors indicating on Twitter that they are instead wanting to recover alittle portion of their previously lost capital and wipe their hands clean of the project.
Binance is set to begin a multi-year distribution of Luna to eligible users starting from May 31, at the side of listing the token for mercantilism via its Innovation Zone, a dedicated mercantilism zone for volatile and high-risk assets.
Some people in the community who have printed plans to eventually purchase Luna once the slaughter is over like “lurkaroundfind” have predicted further bloodshed once the Binance drop goes live.
( Brian Quarmby, Cointelegraph, 2022 )