Cryptocurrency Q&A What happens to old Luna coin?

What happens to old Luna coin?

EtherWhale EtherWhale Sat Oct 26 2024 | 6 answers 1587
I'm wondering about the status of the old Luna coin. What becomes of it now? Is it still usable or has it been replaced by something new? What happens to old Luna coin?

6 answers

Leonardo Leonardo Mon Oct 28 2024
Amidst widespread panic, a surge of individuals rushed to sell their UST holdings.

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Riccardo Riccardo Mon Oct 28 2024
This selling spree triggered a chain reaction, resulting in the minting of additional Luna tokens.

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JejuSunshineSoul JejuSunshineSoul Mon Oct 28 2024
Consequently, the circulating supply of Luna saw a significant increase.

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SamuraiWarrior SamuraiWarrior Mon Oct 28 2024
The aftermath of this event was severe, prompting various cryptocurrency exchanges to take action.

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Caterina Caterina Sun Oct 27 2024
Many exchanges began delisting Luna and UST pairings in response to the market turmoil.

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