After a strong start, LUNA 2.0 collapsed 80% on the first day of trading

  • LUNA 2.0 crashes 80% in a few hours of starting trading.
  • LUNA 2.0 is located in the innovation zone of the world’s largest crypto exchange Binance.
  • LUNA 2.0 is priced at $5.75 at press time.

On May 28, the new LUNA 2.0 chain was launched and an airdrop of the new currency was sent to millions of wallets simultaneously. The chain’s price initially started trading at $0.30 on ByBit, but quickly rose to $30 in the first 30 minutes of trading after the market opened. However, the peak was short-lived as the price dropped to $5.30 in three hours.

As a direct result of the volatility experienced by the completely new virtual assets, Binance has decided to announce its inclusion in the Innovation Zone. In addition, trading of the trading pairs LUNA / USDT and LUNA / BUSD has been postponed to May 31 at 6 …

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