Reasons Why Terra 2.0 LUNA Might Succeed

Terra blockchain has been affected since the market decline of some of its tokens like the original Terra which is now called Terra Luna Classic (LUNC), TerraUSD (UST) which is now called TerraClassicUSD (USTC), and Anchor Protocol (ANC). TerraClassicUSD (USTC) is presently trading at $0.035 with a 24 hours increase of 21.2% while Terra Luna Classic (LUNC) is traded at $0.000117 within 24 hours decline of 26%. With the launch of Terra 2.0 which is the present LUNA in the market, there are diverse sentiments on its future. Some of the reasons why Luna 2.0 (LUNA) will succeed irrespective of the past history of Terra Luna Classic (LUNC) are: Correction of the congestion challenge. TerraLunaClassic (LUNC) past history. The rebranding. The investigation that the implosion was not an attack. Terra 2.0 (LUNA) recent run. Top cryptocurrency exchange listing of LUNA. Investors sentiments. Correction of the congestion challenge One of the reasons why the market implosion of Terra Luna Classic (LUNC), TerraClassicUSD (USTC), Anchor Protocol (ANC), and Mirror Protocol (MIR) was heavy was that top cryptocurrency exchanges that had them listed, suspended withdrawal and deposits on them. This was due to the fact that transactions are no longer completed as at when due which gave rise to congestion. However, the Terra team led by Do Kwon worked tirelessly to ensure that the challenge is solved. The team had a breakthrough which saw the excha...