The recent civil fraud trial in the United States has found Do Kwon and Terraform Labs liable for misleading investors prior to the UST stablecoin collapse in 2022. The US Securities and Exchange Commission (SEC) had charged Kwon and Terraform Labs of falsely leading investors about the stability of TerraUSD, the network's stablecoin also known as UST. The UST...
The valuation of LUNC Terra Classic at a market cap of $605 million raises concerns, particularly considering the project's current state of inactivity. As a community-led project that has become stagnant or defunct, such a high valuation appears to be disproportionate.
In my opinion, the valuation for a purely speculative token like LUNC should be re-evaluated...
Hi traders,
Just looking at LUNA and i am of the opinion we are in for another epic pump.
For context, FIRMLY believe
1) LUNA has further longevity as a coin considering the drawn out plans to recoupe investors loses/the big VC within original luna.
2) Do kwon is/has been using LUNC for liquidity to eventually pump LUNA back from the lows. (much to this point...
Check out the trade plan for ADA today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
LUNC will drop further after a few failed attempts to break above the resistance formed. Expecting another decline valued at -22% on the hourly timeframe. Trade with...
Friday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum .
With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this...
Terra Classic LUNC is made for those who cannot learn from history and which are doomed to repeat it.
LUNC/USDT short
Entry Range: $0.0003900 - 0.0004200
Take Profit 1: $0.0003100
Take Profit 2: $0.0002730
Take Profit 3: $0.0001920
Stop Loss: $0.0004620
The collapse of Terra's LUNA and TerraUSD cost investors over $40 billion.
Some of them lost their lifetime savings, others lost borrowed money and some even committed suicide.
This project made investors lose trust in the crypto space as well.
The CEO of Terraform Labs, Do Kwon, is facing criminal charges for building a Ponzi scheme in South Korea, Terra...
The collapse of Terra's LUNA and TerraUSD cost investors over $40 billion.
Some of them lost their lifetime savings, others lost borrowed money and some even committed suicide.
This project made investors lose trust in the crypto space as well.
The CEO of Terraform Labs, Do Kwon, is facing criminal charges for building a Ponzi scheme in South Korea, Terra...
I don't know, what exactly happened here, but something tells me, it is bad for humanity =)
Massive redestrebution of wealth happened here.
Trillions of Luna got bought in that small window at the bottom and get distributed now into the hype with 50.000% of profit in
less than two days
INSANE
