Terra (LUNA) trading volume surge 200% as market adjusts to death spiral
Despite the risks involved, Terra’s ‘insane volatility’ still serves as an attractive market for many short-term investors — mainly because LUNA momentarily gained 600% in value on May 14.
As investors try to recoup their losses while others attempt to cash in on Terra’s comeback, the trading volume of LUNA surged over 200% back to $6 billion.