The Terra Foundationresponsible for the cryptocurrencies Luna y UST, have launched a new version of their coin called Luna 2.0 as an attempt to continue with its project following the abrupt fall suffered by its value.
As recalled, Luna went from being worth $115 to less than a penny following committing a series of errors related to the creation of one cryptocurrency stable call UST.
Faced with this, and faced with the loss of thousands of dollars of savings from small investors, those responsible offered to create Luna 2.0 as a way to safeguard and reward their communityAlthough not everything went as expected.
moon 2.0 low
Luna 2.0 (which, actually, is officially called just Luna) came to market in these last hours in a chain of blocks different from the original (now called Luna Classic).
In the midst of his euphoria, Luna 2.0 It was worth 20 dollars, far from the forecasts of 50 dollars that its investors expected and, with the hours, it came down to 5 dollars, as shown by CoinMarketCap.
For this new blockchain, the foundation launched a airdrop, a mechanism to distribute “free” coins. They “gave away” up to a billion Luna, of which 30% reached a community group of investors.
Affected Investors they had part of your money back in this format. Terra said that 35% went to holders of Luna Classic before the accident and 10% to the owners of USTand 10% and 15% will go to the owners of those coins following the crash, respectively.
However, if this project is not carried out in the best way, it can end with the same collapse that its predecessors had. Currently, Luna Classic is worth 0.00008342 dollars and USTwhich should always be kept at parity with the dollar, is worth 2 cents.
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