Terra’s new LUNA token has dropped more than 8% in the last 24 hours

New LUNA coin falls 8% in 24 hrs, down 67% from all-time high in May.

Terra’s new LUNA token has dropped more than 8% in the last 24 hours and is currently trading at around $6.40.

The cryptocurrency has plunged around 67% from its all-time high of $19.54, recorded seven days ago on May 28.Its trading volume has also dropped over 43% to around $305,355,277 in the past 24 hours.

The live Terra price today is $6.39 USD with a 24-hour trading volume of $27,72,34,337 USD.

Terra is down 5.54% in the last 24 hours.The circulating supply is not available and a max. supply of 1,00,00,00,000 LUNA coins.

Terra (LUNA) is a public blockchain protocol that emerged from Terra Classic. Terra Classic is home to the algorithmic stablecoin TerraClassicUSD (UST).

It’s now-renamed LUNC token collateralized UST, which crashed in a bank run in May 2022. That devalued LUNA to virtually zero and caused a launch of a new chain resulting in Terra Classic and Terra.