Terra returns with Luna 2.0

						Array
(
    [conclusion] => Array
        (
            [0] => 
        )

    [post_sponsor_aff_link] => Array
        (
            [0] => 
        )

    [casino_url] => Array
        (
            [0] => 
        )

    [casino_street_address] => Array
        (
            [0] => 
        )

    [casino_post_code] => Array
        (
            [0] => 
        )

    [year_founded] => Array
        (
            [0] => 
        )

    [withdrawal_limit] => Array
        (
            [0] => 
        )

    [reviewrating] => Array
        (
            [0] => 
        )

    [bestrating] => Array
        (
            [0] => 
        )

    [cgn_score] => Array
        (
            [0] => 
        )

    [casino_key_feature_1] => Array
        (
            [0] => 
        )

    [casino_key_feature_2] => Array
        (
            [0] => 
        )

    [casino_key_feature_3] => Array
        (
            [0] => 
        )

    [bonus_text_top] => Array
        (
            [0] => 
        )

    [bonus_text_bottom] => Array
        (
            [0] => 
        )

    [casino_review_reference] => Array
        (
            [0] => 
        )

    [_wp_page_template] => Array
        (
            [0] => default
        )

    [_thumbnail_id] => Array
        (
            [0] => 17665
        )

    [ppma_authors_name] => Array
        (
            [0] => Alex
        )

)

Updated September 21, 2022 | Published May 31, 2022

2 mins read

The developers of Terra have relaunched the Luna token, which is linked to Terra, and pledged that the value of the coin will be kept at $1 at minimum.

Luna 2.0, which launched on Saturday, is already losing momentum. It launched at $20 and has since moved down to $5.75.

The developers have tried to fix the previous debacle of the currency by offering airdrops to previous Luna owners.

Essentially, owners of the original token received some free Luna 2.0 as compensation. When Luna tanked, many people hit social media to share their own horror stories.

Some said that this would only make them stronger, but others said that they were contemplating suicide as they had lost “all”.

The crash of the currency came after an all-time high of $104 in March, which was quickly obliterated to just under a penny.

Some investors are still determined to hold, while others have used the Luna 2.0 airdrop to convert it into Ethereum and show no loyalty to the project whatsoever – not after it cost them so much the first time around.

Whether Luna 2.0 proves to be just as much of a failure remains to be seen. Meanwhile, South Koreans have been keeping a positive outlook on the project.

While Luna is not the best token to use for recreational purposes, use Bitcoin instead and go and play games at Bitcasino, 1xBit or FortuneJack if you choose to.

Looking for your next crypto casino? Check out: Bitcasino, Gamb.co or FortuneJack.

Written by Alex

Reporter

Alex is a well-rounded crypto writer who focuses on general market and legal developments. His main interest lies in how crypto gaming can become a more permanent part of the gaming landscape and how blockchain holds benefits to players they are not even aware of.
Best Casinos to play with…
Bitcoin
1
PLAY NOW
2
PLAY NOW
3
PLAY NOW
4
PLAY NOW
5
PLAY NOW
1
PLAY NOW
2
PLAY NOW
3
PLAY NOW
4
PLAY NOW
5
PLAY NOW
1
PLAY NOW
2
PLAY NOW
3
PLAY NOW
4
PLAY NOW
5
PLAY NOW
The Ledger: France toughens crypto stance, SEC goes after Coinbase
The Ledger: Crypto criminals face pressure, new regulation rolls in

Similar News

Blockchain 
								Array
(
    [0] => WP_Term Object
        (
            [term_id] => 181
            [name] => Blockchain
            [slug] => blockchain
            [term_group] => 0
            [term_taxonomy_id] => 181
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 888
            [filter] => raw
        )

    [1] => WP_Term Object
        (
            [term_id] => 8296
            [name] => Marieke Flament
            [slug] => marieke-flament
            [term_group] => 0
            [term_taxonomy_id] => 8296
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 1
            [filter] => raw
        )

    [2] => WP_Term Object
        (
            [term_id] => 8295
            [name] => Near Foundation
            [slug] => near-foundation
            [term_group] => 0
            [term_taxonomy_id] => 8295
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 1
            [filter] => raw
        )

    [3] => WP_Term Object
        (
            [term_id] => 8297
            [name] => Shane Kim
            [slug] => shane-kim
            [term_group] => 0
            [term_taxonomy_id] => 8297
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 1
            [filter] => raw
        )

    [4] => WP_Term Object
        (
            [term_id] => 5510
            [name] => web3
            [slug] => web3
            [term_group] => 0
            [term_taxonomy_id] => 5510
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 49
            [filter] => raw
        )

    [5] => WP_Term Object
        (
            [term_id] => 7432
            [name] => Wemade
            [slug] => wemade
            [term_group] => 0
            [term_taxonomy_id] => 7432
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 5
            [filter] => raw
        )

)

Wemade partners with Near Foundation

24/03/2023|17:00

South Korean blockchain gaming developer Wemade has partnered with Swiss non-profit firm Near Foundation to encourage web3 gaming in Korea....
crypto 
								Array
(
    [0] => WP_Term Object
        (
            [term_id] => 4513
            [name] => crypto
            [slug] => crypto
            [term_group] => 0
            [term_taxonomy_id] => 4513
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 1676
            [filter] => raw
        )

    [1] => WP_Term Object
        (
            [term_id] => 4981
            [name] => US Securities and Exchange Commission
            [slug] => us-securities-and-exchange-commission
            [term_group] => 0
            [term_taxonomy_id] => 4981
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 114
            [filter] => raw
        )

)

SEC issues warning to crypto investors

24/03/2023|16:30

The US Securities and Exchange Commission (SEC) has issued a warning urging investors to be cautious when considering crypto asset...
Do Kwon 
								Array
(
    [0] => WP_Term Object
        (
            [term_id] => 6052
            [name] => Do Kwon
            [slug] => do-kwon
            [term_group] => 0
            [term_taxonomy_id] => 6052
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 15
            [filter] => raw
        )

    [1] => WP_Term Object
        (
            [term_id] => 5138
            [name] => FTX
            [slug] => ftx
            [term_group] => 0
            [term_taxonomy_id] => 5138
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 121
            [filter] => raw
        )

    [2] => WP_Term Object
        (
            [term_id] => 7156
            [name] => Interpol
            [slug] => interpol
            [term_group] => 0
            [term_taxonomy_id] => 7156
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 3
            [filter] => raw
        )

    [3] => WP_Term Object
        (
            [term_id] => 5321
            [name] => Sam Bankman-Fried
            [slug] => sam-bankman-fried
            [term_group] => 0
            [term_taxonomy_id] => 5321
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 46
            [filter] => raw
        )

    [4] => WP_Term Object
        (
            [term_id] => 5241
            [name] => stablecoin
            [slug] => stablecoin
            [term_group] => 0
            [term_taxonomy_id] => 5241
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 44
            [filter] => raw
        )

    [5] => WP_Term Object
        (
            [term_id] => 6424
            [name] => Terraform Labs
            [slug] => terraform-labs
            [term_group] => 0
            [term_taxonomy_id] => 6424
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 15
            [filter] => raw
        )

)

Terraform Labs boss arrested

24/03/2023|15:42

The missing founder of collapsed crypto company Terraform Labs, Do Kwon, has finally been apprehended in Montenegro. It comes after...