Still with meme tokens?? Terra’s LUNA Price Drops to Earth, Down by Over 30%

After the LUNA price spike last week. This is a new token from the Terra blockchain that collapsed in May. Most recently it has fallen to Earth, dropping 33% on Monday.

The token is trading for about $4.20 at the time of writing, reaching $7.60 on Friday. which is the highest level of all time since June

The token’s market cap has dropped to $542 million, according to CoinGecko. showsee

A new version of LUNA was created after Terra fell due toblastmyself in May and officials are in the process ofexamine Terraform Labs and Co-Founder Do Kwon on Fraud Charges

On the other hand, the price of Terra Classic, the original token – now luna classic (LUNC) – also dropped afterriseLast week, the price of LUNC was trading at $0.003 at the time of writing, down 17% in the last 24 hours.

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