Terra Luna Classic price has been trending upward since July, making higher highs except for the unexpected market-wide August 5 crash. However, following the development of the Terraform Labs (TFL) case and the subsequent liquidation of the company, Avalanche is seeking to buy back all the $60 million AVAX tokens that the Luna Foundation Guard (LFG) purchased as part of its portfolio to strengthen the UST algo-stablecoin.
How The $60M AVAX Buyback Could Impact Terra Luna Classic Price
coingape.com
15 October 2024 14:40, UTC