For more information, see our Terms of Use and Risk Warning. This material should not be construed as financial advice. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. You should only invest in products you are familiar with and where you understand the risks. Past performance is not a reliable predictor of future performance. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Discover current price, trading volume, historical data, LUNC news. The value of your investment may go down or up, and you may not get back the amount invested. - The live price of LUNC is 0.0000861 with a market cap of 500.34M USD. Risk Warning : Digital asset prices are subject to high market risk and price volatility. Trade on-the-go with Binance’s crypto trading app (iOS/Android)īinance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice. Phoenix Software Upgrade v2.4 Proposal Voting Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.įor more information on the network upgrade, please refer to the following: We will reopen deposits and withdrawals for LUNA once we deem the upgraded network to be stable, and we will not notify users in a further announcement. The estimated time is for users’ reference only.īinance will handle all technical requirements involved for all users holding LUNA in their Binance accounts. The Terra (LUNA) network upgrade will take place at the Terra block height of 5,994,365. The trading of LUNA will not be affected during the network upgrade. Deposits and withdrawals of LUNA will be suspended starting from approximately 12:00 (UTC). The Terra (LUNA) network upgrade will take place at the Terra block height of 5,994,365, or approximately at 13:00 (UTC). These five altcoins and DeFi tokens are also undervalued.Binance will support the Terra (LUNA) network upgrade. You’ll need to buy Binance USD (BUSD) to then buy and sell LUNA on that relisted trading pair – Binance’s stablecoin pegged to the USD.įor a safer investment these five metaverse coins have recovered the strongest today as the crypto markets bounced. Only invest what you can afford to lose as LUNA is highly volatile in the current market conditions. LUNA 2.0 May Rise Price From 10 to 50, While Binance, Coinbase Gemini May Face a Lawsuit Soon News LUNA 2. The LUNA price can still make 100x price moves however, to the upside and the downside. Previously the circulating supply of LUNA in April and the start of May before the black swan crash was around 350 million LUNA coins. In fact as some crypto traders pointed out, it would flip Bitcoin in market cap if it were to even approach its former ATH of $119.55, with that total supply. The circulating supply of almost 7 trillion LUNA tokens on the one hand will make it difficult for LUNA to recover to its all time high unless a large amount of LUNA supply is burnt by Terraform Labs. That move appears to have been a ‘fat finger’ situation with someone accidentally placing a large market order to buy LUNA instead of limit orders, resulting in slippage. It has traded as high as $0.002 on a wick – a 1785x increase from the bottom. The LUNA price hit $0.00008 – $0.00010 around the time of the Binance announcement, an almost 100x pump off the lows. Roughly 12 hours later, LUNA (labeled LUNA2 on some exchanges) had shed almost 73 of its initial value, trading as of this writing for 5.18, according to data compiled by CoinMarketCap. On the day of the final leg of the LUNA crash – May 12th into the early hours of May 13th – the LUNA price hit a low of $0.00000112 BUSD, the current LUNA bottom. Terraform Labs early Saturday launched a new version of the Terra blockchain, Terra 2.0, with freshly minted LUNA tokens.
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