In brief
The price of Terra’s LUNA has fallen 38% since last Friday’s sudden surge.
LUNA Classic (LUNC) has also dropped significantly, but both coins have still gained a lot of value over the past week.
Terra’s LUNA mooned late last week, as the rebooted version of the crypto token surged 247% early on Friday. But while the token has still picked up massive value over the last week, the ascent has stopped: now it’s down by more than a third from its recent peak.
At a current price of $4.17 per coin, LUNA has dropped a total of 38% from its Friday peak of $6.72, per data from CoinGecko. That price was the highest price seen for LUNA since June 1, shortly after the second-generation coin launched and was airdropped to holders of the previous LUNA cryptocurrency, which has since been renamed LUNA Classic (LUNC).
While that is a sizable drop, LUNA has still maintained quite a bit of its recent rise. It’s still up 133% over the last seven days, more than doubling in recent days after...
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