Mark Cuban Says He Won't Invest in Luna 2.0 - Coinleaks
Current Date:November 7, 2024

Mark Cuban Says He Won’t Invest in Luna 2.0

Billionaire Mark Cuban has stated that he will not make any investment in Luna 2.0.

Speaking to Fortune, the famous billionaire confirmed that he has not previously invested in either LUNA or UST. The billionaire also bypassed the Anchor Protocol, which is part of the Terra ecosystem.

The billionaire took part in the campaign of Iron Finance, a DeFi project that experienced a Terra-like collapse last June. IRON, the stablecoin of the project, lost its stable value.

After the collapse of Terra, the community decided to give the project another chance and voted for Luna 2.0. Many major exchanges, including Binance, have announced that they will support the airdrop of LUNA.

Terra 2.0 is scheduled to launch tomorrow. 30% of the tokens are expected to be distributed shortly, while the remainder of the airdrop will be distributed over the next two years.

Many seem worried that Terra might be able to rise again.

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