Terra LUNA Shows Highest Weekly Losses Among Top 100 as Do Kwon Comes Under Pressure
The new Terra LUNA, created after the network's implosion in May, is demonstrating the highest weekly losses among the top 100. LUNA is currently trading at $2.72, down 5.81% in the last 24 hours and 58.85% in the past week. LUNA saw a 200% run-up in the past week, reaching a high of $7.20 on Sept. 10. However, as it stands, the token has erased most of these gains as it now trades below the $3 mark.LUNC, the token of the old Terra Chain, now renamed Terra Classic, was up 3.21% in the last hour while marginally down in the last 24 hours at $0.000274. The 1.2% tax burn plan to reduce LUNC token supply might soon go into effect.
Source
https://t.me/Terra_Luna_Tron
