Opinion: Investors are still buying the crashed LUNA token
CoinMarketCap data shows that the Terra (LUNA) token has fallen more than 98% from its all-time high set on May 28, 2022, nearly three years ago. Despite the price crash, investors are still buying LUNA tokens, with a trading volume exceeding $21 million in the past 24 hours. Analyst Optimus KevTron stated that this phenomenon indicates that even if some people think the LUNA token is "dead", there are still people buying it.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Institutions assess Powell's speech: Nothing about "hawkish rate cuts"
The Federal Reserve reminds the market not to take interest rate cuts for granted.
All three major U.S. stock indexes closed higher.