Terra Luna Classic (LUNCUSD)

[xZx]

i did read the entire article. when you have time, read various articles on south korea's parliament compelling kwon to testify. the article i posted never suggests kwon will face no consequences from regulators. regulators in s. korea are simply telling new investors not to buy.

you should also read the discussion our thread is having re: vitalik buterin's position, that LUNA investors must be made whole. VB was behind the legendary SHIB run, and gave india covid relief fund lots of SHIB while the run happened. corporate media helped, all the way.

LUNA's pro-fork people act as if LUNA is a bankrupt publicly traded equity. nothing could be further from the truth.

note how once dead-and-buried dogecoin hit a market cap of $71 billion because its investors were getting slimjim and other companies to tweet about it, and accept doge as payment. all while corporate media touted it.

but as soon as their doge promo was over media all admitted it has no intrinsic value. and tech changes fast. the market now knows, compared to newer deflationary cryptos, doge is just adding lots of supply daily.

to call dogecoin a currency, is to say we should inflate to avoid inflation. pretty hard to comprehend.

OTOH, baby doge coin is deflationary, while also a meme coin, and it's moving higher now during a bear market.

none of these tokens are publicly traded, none will ever go bankrupt. they are cryptos, that (like doge) could go totally dead while being accumulated, then run when media chooses to promote them.

so if LUNA burns a lot of supply, and puts a core business in that's viable, it can outrun doge, SHIB, baby doge coin, kishu inu, floki inu, dogelon mars, all of them.

bottom line: any meme coin that gets media promotion has far less going for it than LUNA. so if anyone calls LUNA "worthless" or "doomed" they look pretty silly.