LUNA 2.0 Skyrockets 40%, Trading on Binance Now Live

The native token of the recently-launched iteration Terra 2.0 soared in value over the past 24 hours. This comes as LUNA is now trading live on the leading cryptocurrency exchange – Binance.

• As CryptoPotato reported a few days ago, Terra 2.0 launched and successfully started producing blocks.
• Multiple exchanges supported the airdrop for LUNA holders and, subsequently, enabled trading services for the new token, and the price went on a rollercoaster, skyrocketing to $30 (on some platforms) and declining all the way down to $4 hours later.
• With that said, the leading cryptocurrency exchange by means of daily trading volume – Binance – only enabled LUNA trading a few hours ago after having finalized the airdrop to its users.
• In an announcement from earlier today, the exchange noted:

Binance has completed the Terra (LUNA) airdrop distribution to Terra Classic (LUNC) and TerraClassicUSD (USTC) holders.

• In the past 24 hours, the price of LUNA has gone on a tear, skyrocketing by around 42% at the time of this writing.

• The cryptocurrency had surged higher above $11 but has since retraced to where it’s currently trading.