After a volatile start, the new LUNA tokens rose more than 40% on May 30th.It reached $ 30 before crashing to a low of $ 3.5 on the first day of trading, and now the token is doing another run before that. May 31st Binance List..
It is against the company’s policy for Binance to publish information about the list earlier than planned. However, due to the delicate and timely nature of the LUNA 2.0 release, Timeline I will explain in detail exactly when it will be released. Tokens will be coins live with LUNA / BUSD and LUNA / USDT trading pairs. 2022-05-31 06:00 (UTC).
The announcement was made on May 28th, but the Binance list seems excited and the Terra community is ready to buy. LUNA hit a high of $ 9.40 today on May 30 and then returned slightly to $ 8.40. By 10 pm, LUNA continued to rise, reaching $ 11.5, up 75%.
Buy rumors and sell the news.
Thousands of UST and LUNA holders are ready to close their positions as soon as the tokens are unlocked, so it’s possible that the card says to buy rumors and sell news events There is a sex. When the Terra ecosystem collapsed, more than $ 60 billion was wiped out of the global cryptocurrency market capitalization, and many investors were hit hard. $ 8.4 is far from LUNA’s original high of $ 118 and is an order of magnitude higher than the current LUNC price of $ 0.00013. For example, an investor who made 10 LUNA pre-attacks would have had $ 780 on May 7.
By May 16th, the same token was worth only $ 0.002. After the LUNA airdrop, they own a LUNA worth $ 87.94. Will most investors reduce their losses and sell their investments to recover them for a dime in dollars, or will they hold on in the hope that the token will be able to challenge future record highs again?
Binance has created an easy-to-use conversion formula for calculating LUNA airdrops, as shown below.
Pre-attack 1 aUST = 0.01827712143 LUNA
Pre-attack 1 LUNC = 1.034735071 LUNA
After the attack 1 USTC = 0.02354800084 LUNA
After the attack 1 LUNC = 0.000015307927 LUNA
Given LUNA’s vesting schedule, this seems to be only 30% of the tokens investors get. The remaining 70% of the tokens are vested. In other words, it will be unlocked in 2 years. The vesting schedule means that there is an artificial limit on the number of tokens that can be sold from unlock. Investors may not sell their entire LUNA until the vesting schedule is complete.
