ypto. We already heard that five people involved in scamming Luna have been arrested. This was supposed to cause the price of Luna to collapse, but today it has seen a further increase of around 26 percent LUNC. So it is not very easy to predict anything.
Yes, I was surprised by the price surge of this project after the arrest. I thought and I think many will think about the abrupt drop of its price but it was too wondering why it goes like this. But even it shows like that I was still don't have the confident of this coin for I believe that there is someone who use to hype this project and certainly, it was not sustainable, I'd see a trap waiting for those who tried to invest this project now.
It is surprising for everybody to see its price rising & made 2 consecutive green candles which is certainly a speculative move but not sustainable in the long term. Literally this project is dead & whatever attempts are made including Tax burn proposal, its not going to revive. Investing in LUNC means eventually you will lose all your investment.