Terra LUNA, LUNC Top Weekly-Searched on Bybit

Terra (LUNA) Flips Binance Smart Chain for DeFi TVL
  • Crypto exchange Bybit revealed LUNA and LUNC are the most searched tokens last week.
  • The third most searched is BTC, followed by GMT, GST, SOL, UST, FITFI, BNB, and ETH.
  • LUNA2 USDT Perpetual Contract is now live on Bybit.

The cryptocurrency exchange Bybit disclosed in a tweet the top 10 most searched tokens via its platform last week. Among the list, Terra’s LUNA and LUNC are the top 1 and 2 most searched tokens.

As Terra proceeded to create its new chain, Bybit suspended withdrawals and trading for LUNA classic and UST on May 25. LUNA classic was renamed LUNA to LUNC. Then, deposit and withdrawals for LUNC were resumed on May 26. On May 28, Bybit launched LUNA 2.0 for spot trading.

Bybit was one of the crypto exchanges that pledged support for Terra’s LUNA 2.0 blockchain. Existing LUNA and UST holders on Bybit will receive the new LUNA tokens (Terra 2.0 chain) through airdrop by Terra in their Spot Accounts.

The rebranding and launch of Terra 2.0 chain have gained both the new LUNA token and LUNC the first and second spot for the most searched token on crypto exchange Bybit last week.

Meanwhile, the LUNA2 USDT Perpetual Contract is expected to go live on Bybit at 11 AM UTC today. Users will be able to trade with up to 25x supported leverage via the platform. 

At the time of publication as per Bybit, the new LUNA is trading at $10.05, up 56.23% in the last 24 hours, LUNC is trading at $0.000116, down 25.25% in the last 24 hours, and LUNA2 USDT Perpetual is trading at $10, up 13.28% in the last 24 hours.

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Bryan is a gamer who became genuinely interested in crypto after his initial exposure to Play-to-Earn games like Axie Infinity and Pegaxy. He has basic knowledge of technical analysis and is keeping an eye out for interesting developments in the metaverse and GameFi space.