Is Terra 2.0 (Luna) Safe Investment?: With the recent launch of Terra 2.0 (Luna), many investors wonder if this new coin is a safe investment. After all, the original Terra coin (now called Luna 1.0) lost a lot of value after its first release, leaving many investors out of pocket.
So, what does the future hold for Luna 2.0? Is this new coin a safe investment?
Luna 2.0 Buy, Sell or Hold: Hold, Short – 1.5$, Profit Book – 12$
Here’s what you need to know about Terra 2.0 (Luna) before you invest:
The team behind Terra 2.0 (Luna) has significantly improved the technology behind the coin, making it much more robust and secure than its predecessor. The currency is also backed by a strong community of supporters who joined Terra founder after the tragic crash of the coin.
Luna 2.0 also has several fresh investors keen to see the coin succeed. This renewed interest in the coin means that it is more likely to become successful than its predecessor.
However, as with any investment, there are always risks involved. The most considerable risk with Luna 2.0 is that it may not take off in the way its team and supporters hope. If this happens, then the value of the coin could drop significantly.
Of course, only time will tell whether Luna 2.0 will be a success or not. However, if you’re considering investing in the coin, doing your research first is always a good idea. That way, you can decide whether to hold the airdrop or not.
How many Luna 2.0 Coins will I receive ?
Luna 2.0 Airdrop is an event conducted by the team behind luna coin to increase its luna community. The event is held on the 27th and 28th of May, and It’s free money for people who own luna coins.
- Community pool – 30%
- Pre-attack LUNA holders: 35%
- Pre-attack UST holders – 10%
- Post-attack LUNA holders – 10%
- Post-attack UST holders – 15%.
For those who don’t know, luna is a decentralized cryptocurrency built on the Ethereum blockchain. It aims to provide a more stable alternative to other cryptocurrencies and offer instant transactions with low fees.
What is the Currently Value of Luna 2.0 Coin?
Luna 2.0 Coin Last recorded trading value: 6$
Since the airborne began, LUNA 2 has plummeted severely. The cryptocurrency debuted and peaked at under $19 before plummeting 78 percent to a low of $4.08 on May 28th.
It has recovered somewhat to trade at just over $6 during Monday’s morning Asian market session, but overall, the token has been devastated by around 70 percent in only a few days.
Luna 2.0 is an upgraded version of the original luna coin. The main difference between the two is that luna 2.0 uses a new consensus algorithm called delegated proof of stake (DPoS). This means that there is no need for mining,