Some Terra Users Receiving Less LUNA Than Expected

Alex Dovbnya

The Terra airdrop has run into difficulties

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Tue, 31/05/2022 - 6:33

Some Terra Users Receiving Less LUNA Than Expected

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Terra has informed users that some of them may not receive their airdrop in full in response to numerous complaints.

The team claims that it is actively working on a solution, promising to provide more information after gathering additional data.

The LUNA token is currently trading at $8.68, according to data provided by CoinGecko. After plunging more than 70% on its first day, the token has now recovered 49%.

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Not everyone is happy about Terra’s sudden revival. As reported by U.Today, “Black Swan” author Nassim Taleb recently opined that the controversial blockchain project was even worse than a Bernie Madoff-style Ponzi scheme.

Taleb also believes that founder Kwon has to be out behind bars so that he could stop scamming users.

Rumor has it that Kwon is working on yet another stablecoin.

#Terra News

About the author

Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.