In the last seven days, Bitcoin has gone down 1.43%, while the second largest cryptocurrency in terms of market capitalisation, Ethereum, has dropped 9.79%. Solana has gone down 15.53% in the last seven days, the biggest drop among the top 10 cryptocurrencies. Meanwhile, Dogecoin and Cardano have dropped 4.02% and 12.91% respectively.

LUNA 2.0 crashes 80% after hitting record $30 in first 30 minutes of trading.
The new LUNA 2.0 token started trading on May 28 after it was airdropped to LUNA classic (LUNC) and UST classic (USTC) holders.LUNA 2.0’s price skyrocketed to record $30 in the first 30 minutes of trading and then crashed 80% to $5.30 in the next 3 hours. ByBit, Gate.io and KuCoin exchanges have listed LUNA 2.0.

Ethereum whale buys 147 bn Shiba Inu tokens as 543 mn SHIBS get burnt
Ethereum whale ‘BlueWhale0073’ has purchased 147.8 billion Shiba Inu tokens for $1.56 million, WhaleStats data showed. The purchase comes as the burn rate for SHIB has increased 493.41% and over 543 million Shiba Inu tokens were burnt in the last 24 hours. BlueWhale0073 currently ranks as the 312th largest Ethereum whale in its rankings.

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