Luna 2.0 first day performance

Yugocean

Valued Contributor
On Saturday, 28th May 2022, LUNA 2.0 was launched, and it wasn't it's day.

Airdrop Performance
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HODLers of classic LUNA and UST received LUNA 2.0 airdrop based on blockchain snapshots of 7th and 27th May 2022. HODLers are mostly unsatisfied with the airdrop. Some of then were complaining that they got only small amount of Luna tokens which wasn't enough to cover their losses, while some complained that they didn't received airdrop, and they did not got any reply.

Price Performance
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Market of LUNA 2.0 was not good on even first day, it's launch price was $14.31, in minutes it reached its ATH of $19.54 but this success was short and it started showing decline. LUNA lost upto 80% of its established value in just few hours after the launch.

Public Effect
After the first effect, no more people are calling it Ponzi or Scam. Some people are now mocking that soon will be there LUNA 3.0 which will give airdrop for the current airdrop.​
 
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