LUNA CRYPTO PRICE UP YET AGAIN – 5% GAINS

June 6, 2022 World Blockchain

Luna debuted on many crypto exchanges with a price over $15 which quickly corrected to around $5.
The price of Luna crypto continues to defy critics.

Terra Luna was airdropped to investors’ wallets last weekend, with Binance completing a large airdrop on Tuesday. Critics predicted the Terra Luna price would tank towards $1 and under as angry investors sold up to take a profit – albeit meagre.

If the sell-off is now over, it wasn’t as dramatic as many thought.

Luna crypto price gains 5%
Today, June 3, Luna is up 5% in price to trade at $6.8.

Luna debuted on many crypto exchanges with a price over $15 which quickly corrected to around $5. Luna then shot up to $12 before the Binance listing – where many predicted the largest sell-off would occur.

Luna did fall 50% in price. But it hasn’t fallen below $6 and today is starting to grow again. Just yesterday Luna had even gone past $7 to a price of $7.22.

It comes as scores of developers have taken their DEXs, staking protocols, savings accounts, dApps, and projects over to the new Terra network.

Faith, it appears, is back in Luna.