The price of LUNA briefly spiked around 90% overnight to an intraday high of $11.33 ahead of Binance’s airdrop but has since dropped back to around $8.26 at the time of writing.

As per CoinGecko data prices have risen to $8.26, which is 35% more than the previous 24 hours. However, overall, the price fell 56% from its opening price at $18.87 on Saturday.