Terra

LUNA hit its all-time high of $19.54 when it launched May 28, 2022. The coin fell sharply the same day, hitting lows of $3.63, before recovering to about $7 the following week.

The coin has a maximum supply of one billion tokens. Upon its launch, LUNA was airdropped to holders of LUNC (the old versions of LUNA, the utility token for Terra) and USTC (TerraUSD, the failed algorithmic stablecoin built on the network). Those who held a UST, a staking derivative of UST that represented UST held in Anchor, a lending protocol for Terra, also received tokens from the airdrop.

Thirty percent of the LUNA airdrop was issued to those who held UST or LUNA before May 7, 2022 – the date of UST’s collapse – and the rest will be issued to those that held LUNA or UST after Terra’s collapse but before May 27, 2022 over two years, after an initial six-month break.