Terra Luna Classic and Voyager are two projects nobody expects to attract a lot of investors anymore. Yet they're going parabolic ? Right at the bottom of one of the worst bear markets crypto's ever had ??
This is madness.
I totally agree with you that this is madness and i also have no idea why this is happening at the moment. I first noticed the crazy trading volume of Terra Luna Classic on Kucoin when i wanted to try out on of their trading bots for the first time and there the LUNC/USDT trading pair has the highest volume of all USDT trading pairs on Kucoin which i just can not understand. A lot of the trading volume on Kucoins obviously comes from the trading bots because that trading pair has a high volatility and huge volume which are both great things for a trading bot. That still does not explain though why the price of LUNC keeps climbing. I mean, who would buy that coin now?