TerraClassic, UST, Terra Luna 2, all pumping ! But why ?
I hear they're burning a lot of tokens... but , still doesn't make sense. The supply is still gigantic... especially Terra Classic, UST is still DePegged by a mile... AND Bitcoin is going lower and lower !!
WTF is going on !!
Pump and dump group probably.
Don't get lured into it. coins are dead.
Most probably they are trying to manipulate the price again but its not enough for Investors to trust this coin again. I also believe LUNA is already finished in this market, though I still have this but its already useless in my wallet. If you really some good development, most probably because of their burning system, LUNA needs a lot of time and full effort to at least have a good pump, just be careful with the little pump.
When a coin pumps then there's always two possible reason.
1. Whales pumping it
2. Manipulative buying by the team itself.
On times like this then this do really create some Fomo effect which do really possibly able to hook up investors just because they dont
really like for themselves to get left behind thats why you should really be careful on taking your self some action just because you've seen a shitty project
do make out some pump. Be careful on not to make yourself involved unless if you do love to gamble then go ahead.