- Terra Classic (LUNA) was nearing its all-time high around this time one year ago.
- LUNA hasn’t been able to perform well since Terra’s collapse despite the rebranding.
- On-chain metrics indicate little selling pressure for the token.
Popular crypto influencer Crypto Rand pointed out in a tweet earlier today that LUNA, which was rebranded after Terra’s collapse in May 2022, had started pushing toward its all-time high around this time last year. The throwback was followed by an inquiry as to how many of his followers still held LUNC.
Source: https://coinedition.com/this-time-1-year-ago-luna-was-at-ath-before-crashing-analyst/