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[Potuse]

The Terra token, is a Luna project and it's a cryptocurrency that operates on the Binance Smart Chain(BSC) surges by over 100% in the last 24hrs. This coin is showing promising moves.

Here are the statistics

LUNA PRICE: $1.66( 100.00%)

Total supply: 1,000,000,000,000,000

24h Trade Volume: $0

Liquidity: $0

Holders: 3,993 addresses

This coin is barely 8 months and it's performing well. What do you think about it?

 

[gammarays]

The Terra token, is a Luna project and it's a cryptocurrency that operates on the Binance Smart Chain(BSC) surges by over 100% in the last 24hrs. This coin is showing promising moves.

Here are the statistics

LUNA PRICE: $1.66( 100.00%)

Total supply: 1,000,000,000,000,000

24h Trade Volume: $0

Liquidity: $0

Holders: 3,993 addresses

This coin is barely 8 months and it's performing well. What do you think about it?

That supply is wrong. You're mistaking Luna for the old Luna which is called Luna classic or Lunc. The total supply of Luna is 1 billion and circulating supply is more than 10% of the total supply. Luna and Lunc has been experiencing a sharp price movements of recent. Both are related so feel the price impact of what happens to each other.

 

[GoldenLady]

Since the crash of UST and finally Luna, it has turned to a shitcoin. It seems the attention is worth it though for those who trade it since the price is currently more than 200% up from it's all time low.

Lunc especially has gained a large share of attention, and the decision by Binance to burn all gas fees associated with it's trading could lead to massive profits for holders.

 

[SlotsGator]

LUNA & LUNAC both are tokens that are used for pump and dump, so a sharp increase or decrease in LUNA/LUNAC price should be quite common in this space. The only good news was the tax burn mechanism for LUNAC, but Do Kwon is already on the Interpol red notice... Anyway, I own some LUNA & LUNAC but it's just a small amount of gambling chip for me, won't think about it too seriously.

 

[TAH123]

Does people really still invest in luna anymore? Why? I though it was dead. After the UST crash, who in the world has again started to trust them? I think now it's turned into a pump and dump token... The price would go up, everyone will sell their tokens again the price will drop, everyone would start to buy it and the cycle would keep going!

 

[Ben Kempton]

Does people really still invest in luna anymore? Why? I though it was dead. After the UST crash, who in the world has again started to trust them? I think now it's turned into a pump and dump token... The price would go up, everyone will sell their tokens again the price will drop, everyone would start to buy it and the cycle would keep going!

@Potuse - The fact of the matter is that the Terra coin (including the TerraUSD) have collapsed and now the chances of their recovery is almost nil. The fact remains that many new investors bought the dip of terra but they never realised that more woes were waiting them as the support of the coin has weakened.

 

[JimmyCooper]

The live Terra price today is $1.68 USD with a 24-hour trading volume of $106,237,545 USD. We update our LUNA to USD price in real-time.

 

[Margery]

The live Terra price today is $1.68 USD with a 24-hour trading volume of $106,237,545 USD. We update our LUNA to USD price in real-time.

I have a slightly different information, did you mean this moon?

 

[Horia_10]

It was definitely a failed project and those that had continued to invest in it have no scope and research because they have put their money and resource into a business venture that will waste it indeed very soon actually with the bad form of investment indeed .

 

[BullyMaguire]

LUNA & LUNAC both are tokens that are used for pump and dump, so a sharp increase or decrease in LUNA/LUNAC price should be quite common in this space. The only good news was the tax burn mechanism for LUNAC, but Do Kwon is already on the Interpol red notice... Anyway, I own some LUNA & LUNAC but it's just a small amount of gambling chip for me, won't think about it too seriously.

Right now it is just a coin used for pump and dump.. it just a shame that it has become like this after it has become one of the most successful coin in the market.. it basically is just no different from coin being created everyday.. although it still well known it's just a repeat pump and dump

 

[Horia_10]

That's right the coin is mere a pump and dump and the original creator of the coin is running away now from the people but he is constantly making money as he is taking the dollars and giving them his crap tokens instead , So kudos to the genius of those who are investing again in the non-trustworthy project in the Crypto market now .

 

[Dagov]

This supply is incorrect. You're confusing Luna with the previous version of Luna, often known as Luna classic or Lunc. One billion Lunas are now in circulation, which represents more than 10% of the total supply. Recent price changes for Luna and Lunc have been significant. Given their connection, both are affected financially by what happens to the other.

 

[Margery]

Have you guys not heard of ducatusX? I think I have found a gem check out ducatus.com for more duties

Kind of a dumb site.
Yes, beautifully drawn and written. But, unfortunately, I did not find the cost of the cryptocurrency, although they write that they work with ratings.
They have the keyword "buy" and immediately offer interest on the deposit. Something is not right here, most likely hype.

 

[ipol12]

I was actually confused. Good thing it was clarified by some fellows here. Yes, Luna Classic or LUNC is different from Luna (the 2.0?). Despite those sharp movements, damaged has been done. I wonder where is Do Kwon now. I decided not to invest on Luna.

 

[btaliat]

With this analysis and except there has been more uptrend movement, this is not really a good data to bank on to invest in a coin. The trading volume is too low. I wish its developers can really do much awareness of the coin

 

[gammarays]

Wow, it's impressive to see the Terra token, operating on Binance Smart Chain, surge by over 100% in such a short period of time. With a total supply of 1,000,000,000,000,000 and held by 3,993 addresses, it's no wonder that this coin is showing promising moves. Being only 8 months old, it will be interesting to see how it continues to perform in the future

No the new Terra token is just 1 billion total supply. Circulating supply is more than 200 million the last time I checked. I think there's disunity between the old Luna holders and the new Community. If they can resolve their difference, it'll appreciate.

 

[gammarays]

Thank you for bringing this to my attention. I appreciate your clarification on the difference between Luna and Luna classic. It's helpful to know that the total supply of Luna is 1 billion and the circulating supply is more than 10% of that. I also understand that both Luna and Luna classic are related and can affect each other's prices

Yes it's just that both communities are at loggerheads with each other. Most of the population is still with the old LUNC and they believe the old founders, validators abandoned them to create the new version. I'll prefer to bag the old Luna.

 

[gammarays]

It's great that you have taken an interest in crypto currencies and made investments. The conflict between different communities can create a lot of confusion, especially for new investors.we should do thorough research and understand the underlying issues before making a decision.

Yes the old LUNC community are of the view that the new one shouldn't be created. There have been a decline in projects launching on Luna. Most had to shut down while others moved to other blockchain networks.

 

[gammarays]

I understand the sentiment of the old LUNC community. It's not uncommon for some to have a strong attachment to the original version of a community and feel resistant to change.The decline in projects launching on Luna may be due to various factors such as competition from other blockchain networks, changes in the market, or simply a lack of interest.

Yes there's huge decline in projects launching there. Most of the popular projects have moved on to other blockchain networks. There's reduced support for development so new projects look elsewhere.

 

[gammarays]

It's unfortunate to hear about the decline in projects launching on the blockchain network in question. However, the shift towards other blockchain networks by popular projects is a clear indication of the evolving nature of the industry and the need for newer, more innovative technologies.

Yes there are more blockchain networks coming up with better utilities. Most of them do focus on providing fast scalable platforms for dapps with very low transaction fees. More networks like sui are expected to launch this year.