The Terra 2.0 “Phoenix-1” blockchain has gone live, and major exchanges have confirmed that the new LUNA will be available on their platforms. Holders of the old LUNA have the option of purchasing or selling from LUNA 2.0.
LUNA’s trading locations
Binance, MEXC, KUCOIN, Lbank.info, BYBIT, Bitget, Gate.io, FTX, Bitfinex, Phoenix Finance, Huobi, and others have all enabled trading the upgraded LUNA.
The revised coin is presently accessible for trading on KuCoin, ByBit, Kraken, MEXC, OKX, and Bitrue, according to CoinMarketCap.
LUNA Classic (LUNC), the older version of the Terra blockchain cryptocurrency, is still accessible on 96 exchanges. You can find them in the Market section of CoinMarketCap.
LUNA and LUNC are worth a lot of money.
The revised coin went live on the ByBit exchange today. The token’s value, which once hit $30, is now trading at $6.4, down over 80% from its high.
The old LUNC coin peaked at $0.00013320 in the morning, but has since dropped to $0.00009479, losing roughly 30% of its value.
At the same time, both tokens have witnessed an increase in trading volume and a decrease in price. After waiting for the new token to be credited, it’s conceivable that holders of the old token choose to sell both assets.
Is it worthwhile to purchase Terra tokens?
Many exchanges have yet to list LUNA, and those that have do so are cautioning traders about the severe risks involved with the prior and updated Terra coins. Users are recommended to exercise caution before making a purchase and to do their own risk and money management analysis.
More lately, the now-new LUNC token has been steadily sinking, and those who attempted to grab this “falling knife” have lost all of their money.