Latest News

LUNA increases by 700x after massive dump

After losing nearly half of its value in a week, LUNA experienced a small return compared to its all-time highs around $100, but it was extremely profitable for short-term traders.

LUNA rose 700 times from its floor price after reports that developer Terra had plans to “revive” its ecosystem, despite its supply growing to 6.9 trillion tokens.

Many people were taken aback by the price movement.

Despite the fact that trading on the major exchange Binance is on pause then, LUNA/USD still an extremely dangerous portfolio addition. Of course, with prices fluctuating dramatically from minute to minute and between trading platforms.

Those that bought in frequently over the week, on the other hand, experienced near-total losses on their positions.

Related Posts – The Indian Finance Minister hails blockchain technology

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.