Unveiling Terra 2.0: A Cryptocurrency Cataclysm and the Rise of LUNA2!

By Lola Coin Jun 26, 2023124Views

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In 2022, Terra experienced a significant upheaval that affected its stablecoin, TerraUSD (UST), and its asset, LUNA. This led to profound changes within the project, resulting in the emergence of Terra 2.0 and a new asset called LUNA2. The genesis block of the new chain was launched in May 2022, laying the foundation for the ecosystem’s evolution. The original Terra chain underwent a rebranding process and is now known as Terra Classic. Meanwhile, LUNC, according to Coingecko data, has decreased by 1.65% in the last 24 hours and currently holds the 75th position with a market capitalization of $537.5 million. The maximum supply of LUNC coins is unknown, but the current supply is 5.8 trillion.

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