What do you guys think?
What is the fate of the Luna Classic coin after the arrest of Do Kwon? Will after this bad news investors will continue to HODL the LUNC coin?
After being over bought, now LUNC enters into a correction phase which I think is a good one so better not to panic and analyze the trend with the effect of this news.
Honestly, the arrest might bring back the trust of investors to LUNC since many will enjoy that justice and of course this is a new opportunity for the new developer of LUNC to make their name for their own and better for them to totally disassociate this project to DK. We can’t tell the future trend correctly, if you didn’t trust this project anymore better to sell now and regret nothing.
Uncertain, I wasn't sure if the development will continue or if this will be the end of this project. Not really the time to get panic but something it leads to thinking negatively about what might happen this LUNC, it is probably many of the investors will definitely be worried about the situation.
Well, anyways, it was better to wait for the updates on the case as we can't draw any conclusion about the project. I'd really know that some people are still looking forward to making this project still alive and profitable but the chances for is so slim.