Rechristened Luna Trades After ‘Airdrop’ to Terra Investors

$Terra (LUNA.CC)$ luna, the new token distributed to investors who saw the value of their cryptocurrencies tied to the Terra blockchain wiped out, has begun trading on digital-asset exchanges.
TerraForm Labs, the developer of the failed blockchain, awarded the tokens in a process referred to as an airdrop to previous holders of Luna and TerraUSD (UST) tokens. The new Luna was trading at about $6.28 per coin, according to price data on CoinGecko.
Despite the billions of dollars lost, Terra has once again generated a buzz in the crypto market with the new Luna 2.0 token giveaway. Before the airdrop, “Luna 2.0” already started trending on social media platforms like Twitter. It has also brought criticism.
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