While the entire market is in a steep correction, LUNA’s frenzied volatility remains an attractive market for many short-term investors. It took only 7 days for the price of LUNA to spiral downward as it dropped from $85 on May 5 to almost $0 on May 12. As the market slowly began to understand what was going on, LUNA’s trading volume recorded a strong bounce above 200% at the end of the week. Terra (LUNA) trading volume increases 200% as market corrects. Despite the risks that come with it, LUNA’s ‘mad volatility’ remains an attractive market for many short-term investors – mainly because LUNA has rallied 600% in value from its bottom on May 14. Read more: https://cryptowallcity.com/terra-luna-trading-volume-increases-200/ [link] [comments] |
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