🚨 $LUNA • $LUNC • $USTC — CZ on Do Kwon: “Right idea, wrong execution.” 😮
Binance CEO CZ spoke candidly about the Terra collapse, saying:
> “Do Kwon had the right idea, but failed badly on execution.” 💣
📌 Context: CZ was referring to the concept behind Terra’s algorithmic stablecoin—an ambitious attempt to decentralize stability. While the idea itself was innovative, its real-world rollout ended in one of crypto’s largest crashes, destroying LUNA and UST, later reborn as LUNC and USTC.
💥 His comments have reignited debate across the crypto community:
Was Terra’s vision groundbreaking but rushed? 🤔
Do decentralized stablecoins like USTC still have a future? 🔄
Is LUNC just history—or a potential comeback story? 🚀
🔥 CZ’s takeaway is clear: in crypto, ideas are easy—execution is everything 💯
👇 What’s your view?
💬 Visionary or reckless?
📉 Total failure or a foundation for future innovation?
Market snapshot:
LUNA: 0.1654 | -8.46%
LUNC: 0.00004273 | -3.21%
USTC: 0.00744 | -8.37%
