0.07 Entered and Doubled! The Secret Behind LUNA's Surge of 100%, Accurate Points Have Been Announced at the Base
Family! Once a sensational figure in the crypto world, LUNA has once again entered the public eye, but is it still the glorious LUNA of the past? The answer is no!
LUNA and LUNC both surged nearly 100% within 24 hours, with rumors that Do Kwon is to be released. Is this true or false? Is this a good opportunity to make a profit, or a trap?
First, the conclusion: LUNA might rise to 1 dollar, but for LUNC to reach 1 dollar, that is absolutely impossible! This surge is actually just marketing a LUNA T-shirt and stirring up emotions, a sudden spike in the short term.
Do Kwon was sentenced on December 11, and it is impossible for him to be released in the short term; he is most likely stuck in a sewing machine for 5 to 12 years.
So is this LUNA surge an opportunity or a trap?
Behind the surge: A CoinDesk reporter wore a LUNA T-shirt, which turned out to be the catalyst. Plus, TFL and SEC reached a settlement, and the community mentioned burning tokens, which is actually just something with little liquidity, hyped up by storytelling. The 24-hour trading volume increased by 450%, but fundamentally, there isn’t much backing.
Rise to 1 dollar? Forget it: The old coin LUNC has a circulation of over 55 trillion pieces. To reach 1 dollar, it would require a market value of 55 trillion dollars, which is far higher than the total market value of the global cryptocurrency market. The new coin LUNA 2.0 has a circulation of 130 million pieces, currently at 0.126 dollars, still over 800 times away from 1 dollar, and there is hardly any liquidity in the ecosystem, with many exchanges halting trading.
LUNA has often surged and then plummeted in the past. This time's rise could very likely be large funds taking advantage of these positive news to create some liquidity and then run away. Retail investors chasing highs can easily get stuck.
Previously, a fan entered LUNA at 0.07, and now it has already doubled for profit.
The good orders continue, and Da Mao will announce LUNA's latest developments and accurate points at 聊天室. For those who haven't entered yet, hurry at @大毛淘金 ! #美SEC推动加密创新监管 #美联储降息预期升温

