Post
Topic
Board Altcoin Discussion
Re: What will happen to LUNC after its founder is arrested?!
by
sayaya17
on 16/09/2022, 11:44:15 UTC
Normally the price of the LUNC coin will surely drop, the normal reaction of its investors or holder of the coin is that they will surely dump the coin, and it will lead to a very bad market response because of the situation. No one will think positive right now because of this news so if i were you i will sell the coin.

If we look at the price of LUNC which has dropped drastically since the news of Do Kwon's arrest, I think we can predict the possibility that the LUNC price
will continue to decline lower and lower. There is even a possibility that it will be close to zero and if it is like that it is already impossible to recover again,
the next thing that will happen with LUNC is it will be kicked out of from exchanges. Eventually LUNC will disappear and be replaced by other projects.
So don't even think about buying LUNC, although I admit the price is very cheap nowadays, but if we buy it, there is only make us lose money.
So if there are still investors holding LUNC, it is better to sell LUNC immediately, before LUNC could not be sold because there was no demand and
the volume was already very low.