LUNA Is Back Full Force

By Vince • August 2, 2022 12:32 pm • Comments

It appears as if LUNA is back with a vengeance…

According to data from CoinMarketCap, LUNA is now trending atop the list of most searched cryptocurrencies and digital assets on that platform.

LUNA 2.0, a reboot of the collapsed LUNA, launched earlier this year to little fanfare and extreme scrutiny, yet it still seems to have found its crowd and a home.

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We previously reported that founder Do Kwon was facing legal trouble in South Korea, with financial authorities and investigators requesting an audience with him.

His trouble may not be contained to the South Pacific nation either, as sources confirm that U.S. and South Korean investigators have agreed to share information in the ongoing Terra probe.

Fans of the rebooted crypto seem to be all bullish for the token and its ecosystem:

Finbold reports:

Despite trending, the price of the cryptocurrency has seen a drop of 15.46% in the last 24 hours, trading at $2.14 at the time of publication.

Inside Bitcoins writes:

Due to the crisis, most investors and traders sold the asset off believing it to be a dead investment, but there might still be a possibility that it will be able to reach LUNA’s ATH in a few years. It would all depend on maintaining trust in the minds of investors.

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