Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject.
It has been nine months since the crypto project Terra (LUNA) experienced a catastrophic collapse in May last year. The price of LUNA has been down for the past few days before rising to $1.74.
Its market capitalization has largely remained stagnant around $390 million before rising to $419 million last weekend. Read Price Prediction for LUNA 2023-24 As the SEC has charged Terra founder Do Kwon with fraud over the $40 billion crypto crash, it has adversely affected the market.
As there is hardly any positive news regarding its price movement, we cannot deny the fact that LUNA will never be considered a ‘safe’ cryptocurrency, and, therefore, may not return to its former heights.
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