Quote from: AnonBitCoiner on September 08, 2022, 01:08:32 PM

Quote from: Len Saldua on September 07, 2022, 02:42:40 PM

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.

Actually coins pump and dump depend upon the News rumour. Some days ago we seen best project Tornado Cash down from 32$ to 12$ because of bad News around there. Now Luna Classic pump reason is also new of tax burning. This burn will decrease the supply of coin. This is the reason all investor now investing in this coin.

Not news alone but it's one of the factors for the ups and downs of the cryptos. Take note that it must be a real news and not only a rumor but investors are crazy if they believe instantly without verifying if the rumors are real or not. Anyway, the effect is still positive because the price had rise but this shouldn't last longer if there won't be really a tax burning that will happen regularly.

You already state a reason on why luna classic is rising but what about the other coin called voyager? Never heard of this coin before but I think this coin is not worst as lunc so I am not offended if the coin is rising. Maybe they deserve it because they did something well.