BitKwonnect? Luna Brothers moment sees Terra inflate token supply 3,500% overnight

– The in-house token of Blockchain protocol Terra, is undergoing major changes which are causing intrigue and despair in equal measure.
– Data released on May 13 confirms that overnight, the embattled cryptocurrencys supply expanded to an eye-watering 6.9 trillion LUNA.
– At the time of writing, LUNA/USD traded at an almost imperceptible average of $0.00005474 at the time of writin, according to data from CoinMarketCap.
– After the total LUNA supply hit 6.9 trillion, Hodlonaut drew a line under the altcoins existence.
– Hoffman, co-founder of crypto newsletter Bankless, laid out the scale of the LUNA implosion versus BitConnect with a comparative market cap chart.
– MDXCrypto continued: “worst than Bitconnect, worst than Onecoin, worst than Axie, worst than them all.
– Terra has pledged to revive the entire ecosystem, nonetheless shutting down the LUNA blockchain completely hours later.

 

 

BitKwonnect? Luna Brothers moment sees Terra inflate token supply 3,500% overnight
BitKwonnect? Luna Brothers moment sees Terra inflate token supply 3,500% overnight 2

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