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Nairaland Forum / Nairaland / General / Investment / Do Kwon’s Terra-luna Revival Plans Mean Terrausd Will Be Abandoned? (348 Views)
Tether Co-founder Thinks Terrausd Crash Could Be The End For Stablecoins / TERA LUNA. The Big Crash / Terra Luna Crypto Crash: Why Is LUNA Price Falling? (2) (3) (4)
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Do Kwon’s Terra-luna Revival Plans Mean Terrausd Will Be Abandoned? by hicliq(m): 4:38pm On May 25, 2022 |
https://www.heartzfx.com/do-kwons-terra-luna-revival-plans-mean-terrausd-will-be-abandoned/ Do Kwon’s Terraform Labs’ CEO is seeking to relist LUNA 2.0 while also dealing with a police investigation into the Terra/Luna collapse, which resulted in the TerraUSD stable coin losing its peg and investors losing millions of dollars. According to a story published on May 25 by the Korean website Heraldcorp, Terra CEO Do Kwon has contacted five crypto exchanges in South Korea. Despite the fact that Terra-Luna coins have been banned from numerous crypto exchanges, the CEO is attempting a resurrection of the Terra ecosystem. Do Kwon describe his plan to rebuild the Terra ecosystem in a message on the Terra research forum, including how new currencies would be distributed to investors who had lost money?
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Re: Do Kwon’s Terra-luna Revival Plans Mean Terrausd Will Be Abandoned? by Pierohandsome: 5:17pm On May 25, 2022 |
As long as the new token will pump high to the point of covering the losses of the investors on Luna Classic,no wahala. But I do not think it will be abandoned ,it will only be another token running side by side as more burning continues,no one knows the outcome right right now,but one thing I know is that Terra will hit a dollar mark this year,with my over 900k Luna token,I will be cashing out 900k dollars |
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