LUNA 2.0 Token Jumps 200% Higher Against the US Dollar

 

• Bitcoin managed to jump 9.4% higher today, rallying above the $21K zone while ethereum increased 4.9%, surpassing the $1,700 per unit range. Amid these jumps, Terra’s LUNA, the new luna token issued by the Phoenix blockchain, increased more than 200% on Friday against the USD.
• Presently, LUNA is up 175.2% after dropping from the 24-hour high on Friday. 14-day stats indicate LUNA has increased 224.1% against the dollar and the coin has an overall market valuation of around $978 million.
• Since the spike LUNA has seen $2.55 billion in global trade volume on Friday as it’s the seventh largest volume out of all the coins in existence today. Luna classic (LUNC) is the sixth largest token in terms of 24-hour trade volume as LUNC has printed $2.81 billion in global trades.