{"id":491719,"date":"2022-05-30T21:00:01","date_gmt":"2022-05-30T21:00:01","guid":{"rendered":"https:\/\/wncen.com\/?p=491719"},"modified":"2022-05-30T19:41:42","modified_gmt":"2022-05-30T19:41:42","slug":"luna-2-0-suffers-significant-price-correction-hours-after-launch","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/","title":{"rendered":"LUNA 2.0 Suffers Significant Price Correction Hours After Launch"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The recovery plan for Terraform Labs&#8217; stablecoin TerraUSD (UST) and its native token Terra (LUNA) embarked on a bumpy route after the LUNA 2.0 cryptocurrency suffered a substantial market fall hours after its launch.<\/span><\/p>\n<p><span style=\"font-weight: 400\">TerraForm Labs successfully delivered new LUNA coins to market participants holding LUNA Classic (LUNAC) and TerraUSD (UST). According to data from cryptocurrency exchange <\/span><a href=\"https:\/\/www.bybit.com\/en-US\/trade\/spot\/LUNA\/USDT\" rel=\"nofollow\"><span style=\"font-weight: 400\">Bybit<\/span><\/a><span style=\"font-weight: 400\">, LUNA began trading at $0.5 and quickly rose to a high of $30 before dropping by more than 88% to $3.5.<\/span><\/p>\n<p style=\"text-align: center\"><b><i>\u00a0\u00a0Related Reading | <\/i><\/b><a href=\"https:\/\/wncen.com\/crypto\/cryptocurrency-spams-grow-by-over-4000-in-the-last-few-years\/\"><b><i>Cryptocurrency Spams Grow By Over 4000% In The Last Few Years<\/i><\/b><\/a><\/p>\n<h2>LUNA 2.0 Price Surged 5,900%<\/h2>\n<p><span style=\"font-weight: 400\">On Saturday, May 28, the LUNA price surged 5,900% to a new all-time high of $30. Unfortunately, this spectacular rise was short-lived. The price soon reversed and dropped 88%, resulting in a swing low of $3.50.<\/span><\/p>\n<p><span style=\"font-weight: 400\">LUNA 2.0&#8217;s price increased quickly after it hit $3.5, reaching $10.22 before staying at $6 for the last two days. As this coiling up continues, there is a good chance that Terra bulls may come together and cause a big rally.<\/span><\/p>\n<figure id=\"attachment_491725\" aria-describedby=\"caption-attachment-491725\" style=\"width: 581px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\" wp-image-491725\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/05\/LUNAUSDT_2022-05-30_23-11-41.png?resize=581%2C341\" alt=\"LUNA price chart\" width=\"581\" height=\"341\"><figcaption id=\"caption-attachment-491725\" class=\"wp-caption-text\">LUNA is currently trading above $8 with a 1.36% increase. | Source: LUNA\/USD price chart from <a href=\"https:\/\/wncen.com\/press-releases\/cardano-metaverse-project-cardalonia-integrates-ada-handle-to-staking-platform-kicks-off-lonia-token-second-sale\/\" target=\"_blank\" rel=\"noopener \">Tradingview.com<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">People are bullish on LUNA because assets usually go back to their average after a big move. LUNA&#8217;s price went down 88% recently. But it will probably go back up just as quickly because the decline was so sharp. <\/span><span style=\"font-weight: 400\">Although, some members of the Terra community speculated that LUNA 2.0 would cost between $30 and $50 when it was released. Therefore, investors are outraged by the current price movement. Due to Terra&#8217;s LUNA and UST death spiral, they continue to suffer losses.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Due to Saturday&#8217;s airdrop, the LUNA 2.0 price is consolidating below the middle of the newly formed trading range. As a result, investors should be patient before opening new trading positions and wait for a directional bias to develop.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Do Kwon Blamed For Market Crash<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Do Kwon has been the center of attention since the fall, with some in the crypto community blaming him for the market crash. He faces accusations that he engaged in fraud leading up to <a href=\"https:\/\/twitter.com\/FatManTerra\/status\/56838144?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E56838144%7Ctwgr%5E%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Ffinbold.com%2Fluna-founder-do-kwon-faces-accusations-of-fraud-over-mirror-protocol%2F\" target=\"_blank\" rel=\"noopener nofollow\">Mirror Protocol<\/a>, too!<\/span><\/p>\n<p><span style=\"font-weight: 400\">LUNA continued to lose money after the collapse, with its market capitalization slipping below $1 billion. But surprisingly, the crash sparked interest in LUNA, with Google search popularity ratings skyrocketing.<\/span><\/p>\n<p style=\"text-align: center\"><b><i>Related Reading | <\/i><\/b><a href=\"https:\/\/wncen.com\/news\/undervalued-metaverse-project-mars4-is-preparing-for-new-releases\/\" target=\"_blank\" rel=\"noopener \"><b><i>Undervalued Metaverse Project Mars4 Is Preparing for New Releases<\/i><\/b><\/a><\/p>\n<p>The collapsed token became popular because some people were very optimistic and put in more money. This made the token&#8217;s price go up quickly. But according to market analysts, the interest in the token was due to the hope that it would be like other meme coins, like Dogecoin.<\/p>\n<p><span style=\"font-weight: 400\">According to Do Kwon&#8217;s<\/span><a href=\"https:\/\/agora.terra.money\/t\/terra-ecosystem-revival-plan-2-passed-gov\/18498\" rel=\"nofollow\"><span style=\"font-weight: 400\"> original plan<\/span><\/a><span style=\"font-weight: 400\"> for a new blockchain, the aftermath of the UST peg failure was an opportunity to come up afresh from the ashes.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<pre>                Featured image from Flickr, and the price chart from Tradingview<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>The recovery plan for Terraform Labs&#8217; stablecoin TerraUSD (UST) and its native token Terra (LUNA) embarked on a bumpy route after the LUNA 2.0 cryptocurrency suffered a substantial market fall hours after its launch. TerraForm Labs successfully delivered new LUNA coins to market participants holding LUNA Classic (LUNAC) and TerraUSD (UST). According to data from cryptocurrency exchange Bybit, LUNA began trading at $0.5 and quickly rose to a high of $30 before dropping by more than 88% to $3.5. \u00a0\u00a0Related Reading | Cryptocurrency Spams Grow By Over 4000% In The Last Few Years LUNA 2.0 Price Surged 5,900% On Saturday, May 28, the LUNA price surged 5,900% to a new all-time high of $30. Unfortunately, this spectacular rise was short-lived. The price soon reversed and dropped 88%, resulting in a swing low of $3.50. LUNA 2.0&#8217;s price increased quickly after it hit $3.5, reaching $10.22 before staying at $6 for the last two days. As this coiling up continues, there is a good chance that Terra bulls may come together and cause a big rally. People are bullish on LUNA because assets usually go back to their average after a big move. LUNA&#8217;s price went down 88% recently. But it will probably go back up just as quickly because the decline was so sharp. Although, some members of the Terra community speculated that LUNA 2.0 would cost between $30 and $50 when it was released. Therefore, investors are outraged by the current price movement. Due to Terra&#8217;s LUNA and UST death spiral, they continue to suffer losses. Due to Saturday&#8217;s airdrop, the LUNA 2.0 price is consolidating below the middle of the newly formed trading range. As a result, investors should be patient before opening new trading positions and wait for a directional bias to develop. Do Kwon Blamed For Market Crash Do Kwon has been the center of attention since the fall, with some in the crypto community blaming him for the market crash. He faces accusations that he engaged in fraud leading up to Mirror Protocol, too! LUNA continued to lose money after the collapse, with its market capitalization slipping below $1 billion. But surprisingly, the crash sparked interest in LUNA, with Google search popularity ratings skyrocketing. Related Reading | Undervalued Metaverse Project Mars4 Is Preparing for New Releases The collapsed token became popular because some people were very optimistic and put in more money. This made the token&#8217;s price go up quickly. But according to market analysts, the interest in the token was due to the hope that it would be like other meme coins, like Dogecoin. According to Do Kwon&#8217;s original plan for a new blockchain, the aftermath of the UST peg failure was an opportunity to come up afresh from the ashes.\u00a0 &nbsp; Featured image from Flickr, and the price chart from Tradingview<\/p>\n","protected":false},"author":561,"featured_media":491724,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[85583],"tags":[86012,86037,86065,11164,86064,86013],"class_list":["post-491719","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-terra-luna","tag-do-kwon","tag-luna-2-0","tag-luna-relaunch","tag-stablecoin","tag-terra-relaunch","tag-terraform-labs"],"acf":[],"yoast_head":"\n<title>LUNA 2.0 Suffers Significant Price Correction Hours After Launch<\/title>\n<meta name=\"description\" content=\"LUNA relaunch embarked on a bumpy route after the LUNA 2.0 cryptocurrency suffered a substantial market fall hours after its launch.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LUNA 2.0 Suffers Significant Price Correction Hours After Launch\" \/>\n<meta property=\"og:description\" content=\"LUNA relaunch embarked on a bumpy route after the LUNA 2.0 cryptocurrency suffered a substantial market fall hours after its launch.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-30T21:00:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-30T19:41:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/05\/52067839118_55a1dd6a89_o-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"810\" \/>\n\t<meta property=\"og:image:height\" content=\"458\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mumtaz Batool\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mumtaz Batool\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/\"},\"author\":{\"name\":\"Mumtaz Batool\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/2507533808c2e9aa26f31673254dc261\"},\"headline\":\"LUNA 2.0 Suffers Significant Price Correction Hours After Launch\",\"datePublished\":\"2022-05-30T21:00:01+00:00\",\"dateModified\":\"2022-05-30T19:41:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/\"},\"wordCount\":470,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/05\/52067839118_55a1dd6a89_o-1.jpg?fit=810%2C458\",\"keywords\":[\"Do Kwon\",\"Luna 2.0\",\"Luna Relaunch\",\"stablecoin\",\"Terra Relaunch\",\"Terraform Labs\"],\"articleSection\":[\"Terra (LUNA)\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/\",\"url\":\"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/\",\"name\":\"LUNA 2.0 Suffers Significant Price Correction Hours After Launch\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/05\/52067839118_55a1dd6a89_o-1.jpg?fit=810%2C458\",\"datePublished\":\"2022-05-30T21:00:01+00:00\",\"dateModified\":\"2022-05-30T19:41:42+00:00\",\"description\":\"LUNA relaunch embarked on a bumpy route after the LUNA 2.0 cryptocurrency suffered a substantial market fall hours after its launch.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/05\/52067839118_55a1dd6a89_o-1.jpg?fit=810%2C458\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/05\/52067839118_55a1dd6a89_o-1.jpg?fit=810%2C458\",\"width\":810,\"height\":458,\"caption\":\"Flickr\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"LUNA 2.0 Suffers Significant Price Correction Hours After Launch\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/2507533808c2e9aa26f31673254dc261\",\"name\":\"Mumtaz Batool\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/28285a3544da0b6df8c79ac28aec49f9?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/28285a3544da0b6df8c79ac28aec49f9?s=96&d=mm&r=g\",\"caption\":\"Mumtaz Batool\"},\"description\":\"Mamtaz Batool is a finance and cryptocurrency enthusiast who has been writing about Bitcoin and the blockchain since 2021. She is an author at Bitcoinist and NewsBTC, and she also runs his blog, where he writes about all things related to crypto and finance.\",\"url\":\"https:\/\/wncen.com\/author\/anmmool\/\"}]}<\/script>\n","yoast_head_json":{"title":"LUNA 2.0 Suffers Significant Price Correction Hours After Launch","description":"LUNA relaunch embarked on a bumpy route after the LUNA 2.0 cryptocurrency suffered a substantial market fall hours after its launch.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/","og_locale":"en_US","og_type":"article","og_title":"LUNA 2.0 Suffers Significant Price Correction Hours After Launch","og_description":"LUNA relaunch embarked on a bumpy route after the LUNA 2.0 cryptocurrency suffered a substantial market fall hours after its launch.","og_url":"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2022-05-30T21:00:01+00:00","article_modified_time":"2022-05-30T19:41:42+00:00","og_image":[{"width":810,"height":458,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/05\/52067839118_55a1dd6a89_o-1.jpg","type":"image\/jpeg"}],"author":"Mumtaz Batool","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Mumtaz Batool","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/"},"author":{"name":"Mumtaz Batool","@id":"https:\/\/wncen.com\/#\/schema\/person\/2507533808c2e9aa26f31673254dc261"},"headline":"LUNA 2.0 Suffers Significant Price Correction Hours After Launch","datePublished":"2022-05-30T21:00:01+00:00","dateModified":"2022-05-30T19:41:42+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/"},"wordCount":470,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/05\/52067839118_55a1dd6a89_o-1.jpg?fit=810%2C458","keywords":["Do Kwon","Luna 2.0","Luna Relaunch","stablecoin","Terra Relaunch","Terraform Labs"],"articleSection":["Terra (LUNA)"],"inLanguage":"en-US","copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/","url":"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/","name":"LUNA 2.0 Suffers Significant Price Correction Hours After Launch","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/05\/52067839118_55a1dd6a89_o-1.jpg?fit=810%2C458","datePublished":"2022-05-30T21:00:01+00:00","dateModified":"2022-05-30T19:41:42+00:00","description":"LUNA relaunch embarked on a bumpy route after the LUNA 2.0 cryptocurrency suffered a substantial market fall hours after its launch.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/05\/52067839118_55a1dd6a89_o-1.jpg?fit=810%2C458","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/05\/52067839118_55a1dd6a89_o-1.jpg?fit=810%2C458","width":810,"height":458,"caption":"Flickr"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"LUNA 2.0 Suffers Significant Price Correction Hours After Launch"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/2507533808c2e9aa26f31673254dc261","name":"Mumtaz Batool","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/28285a3544da0b6df8c79ac28aec49f9?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/28285a3544da0b6df8c79ac28aec49f9?s=96&d=mm&r=g","caption":"Mumtaz Batool"},"description":"Mamtaz Batool is a finance and cryptocurrency enthusiast who has been writing about Bitcoin and the blockchain since 2021. She is an author at Bitcoinist and NewsBTC, and she also runs his blog, where he writes about all things related to crypto and finance.","url":"https:\/\/wncen.com\/author\/anmmool\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"LUNA 2.0 Suffers Significant Price Correction Hours After Launch","url":"http:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/terra-luna\/luna-2-0-suffers-significant-price-correction-hours-after-launch\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/05\/52067839118_55a1dd6a89_o-1.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/05\/52067839118_55a1dd6a89_o-1.jpg?fit=810%2C458"},"articleSection":"Terra (LUNA)","author":[{"@type":"Person","name":"Mumtaz Batool"}],"creator":["Mumtaz Batool"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["do kwon","luna 2.0","luna relaunch","stablecoin","terra relaunch","terraform labs"],"dateCreated":"2022-05-30T21:00:01Z","datePublished":"2022-05-30T21:00:01Z","dateModified":"2022-05-30T21:00:01Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"LUNA 2.0 Suffers Significant Price Correction Hours After Launch\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/terra-luna\\\/luna-2-0-suffers-significant-price-correction-hours-after-launch\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/terra-luna\\\/luna-2-0-suffers-significant-price-correction-hours-after-launch\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/52067839118_55a1dd6a89_o-1.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/52067839118_55a1dd6a89_o-1.jpg?fit=810%2C458\"},\"articleSection\":\"Terra (LUNA)\",\"author\":[{\"@type\":\"Person\",\"name\":\"Mumtaz Batool\"}],\"creator\":[\"Mumtaz Batool\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"do kwon\",\"luna 2.0\",\"luna relaunch\",\"stablecoin\",\"terra relaunch\",\"terraform labs\"],\"dateCreated\":\"2022-05-30T21:00:01Z\",\"datePublished\":\"2022-05-30T21:00:01Z\",\"dateModified\":\"2022-05-30T21:00:01Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/05\/52067839118_55a1dd6a89_o-1.jpg?fit=810%2C458","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/491719"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/561"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=491719"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/491719\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/491724"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=491719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=491719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=491719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}