Market Wrap: Bitcoin Rises to $32K, Outperforming Altcoins
— Altcoins, Listed, Collapse, Outperforming, Luna classic, Lunc, Terra blockchain, Saturday, Highly speculative — 1 min read
Terra's new LUNA token surged up to 40% in 24 hours after it was listed on Binance, attracting more than $850 million in trade volume. That came after the tokens dropped 80% in the wake of their launch on Saturday, showing that trading with LUNA is highly speculative as traders gauge Terra's future. The new luna tokens are part of the efforts to revive the Terra blockchain after the collapse of its UST stablecoin and its twin token, which was rebranded to luna classic (LUNC), have been listed on crypto exchange Binance. Read more here at CNN.com/Heroes and Heroes: Terra.com: Share your opinion on the latest developments in the world's crypto-tech scene. Source