$1M Luna 3 days ago $185 as of: much lower than ICO

LUNA is continuing its free fall as the price has fallen further 93% in the last 24 hours alone. Today, cryptocurrencies have plummeted below ICO prices.

  • LUNA offered the initial coin in early 2019 when the token sold for $0.8. The all-time high ROI is at 14,800%, peaking at around $120 in April.
  • Unfortunately, the past few days have been the worst and the price is currently trading at over 97% below the ICO price.
  • LUNA is at around $0.12 (by Binance), but more shockingly, it traded at around $65 just 4 days ago.
Source: Binance/TradingView
  • This means that $1 million was worth only $185 today. This is an unprecedented drop for a cryptocurrency that has been in the top 20 for several months.
  • Despite the astronomical crash, LUNA remains the 124th cryptocurrency by total market cap.
  • This will happen even after Binance Futures delists the Coin-Margined LUNA perpetual contract.
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