Do Kwon Approached Top Exchanges in Korea to List $LUNA 2.0

As a matter of fact, the crypto fever started earlier this month and the panic level raised among the entire crypto market. Being in this state, $LUNA – a popular crypto token which was waving its flag high, suddenly dropped down hitting to the lowest at $0. As soon as LUNA fell down, its native assets LUNA and UST also witnessed a downfall in the market.   

Besides, in South Korea the crypto market crash caused a great impact among the investors community. In that case, many cryptocurrency exchanges in the country already waved a red flag against Terraform Labs and Do Kwon. As this is the current scenario for Terra community, Kwon is now ready to introduce a new brand token, $LUNA 2.0. 

More so, if the same plunge continues, it would be a great deal for all crypto exchanges to render support for Terra 2.0. In regards, Kwon initiates an attempt to reach out to the top 5 exchanges for listing of $LUNA 2.0.

Launch of LUNA 2.0

Surprisingly, Terraform Labs just made a confirmation regarding the new Luna 2.0 blockchain release on May 27, 2022. Further, the new brand blockchain will start from genesis block 0 and will not link and share any historical date with LUNA classic. 

More so, with all these arrangements in line, the Terra community is facing a problem here. Pointing out the bear market and Terra assets downfall, all the exchanges and the prominent South Korean regulators are preferring to maintain a distance. 

Amidst the rising problems in  the crypto market, Terra (LUNA & UST) is experiencing a hard time at the moment. Not all Terra users lost trust, some are still having the hope that the asset will give a massive come-back into the market. 

Even though Terra assets couldn’t find a proper stay in any exchanges, Terra’s LUNA 2.0 finally found a shelter. One hope and a supporting wave for Terra (LUNA 2.0) came from the community. As only a few minutes were left to close the vote, a popular bitcoin crypto exchange, HitBTC confirmed its support for Terra’s new chain token. 

Thus, in another 2 days, LUNA 2.0 will go live gaining a decent support rate from the crypto community. 

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A Professional HR with a huge interest in blockchain technology and cryptocurrency. Through her content writing skills, she became a passionate contributor to the crypto space. Being an active crypto enthusiast she is investing her time and experience into the digital sphere.