Quote from: coin-investor on Today at 08:56:21 AM

Quote from: albon on September 14, 2022, 07:00:15 PM

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?

It's going down the drain, the arrest was expected to happen after the fall of Terra Luna, and Luna and all the other projects associated with it will fall, dump it if you have Lunam this is not the kind of project worth holding for long term profit, we've seen how it spiked in recent weeks but it will eventually go down, it's being used for pump and dump by unscrupulous traders, just ignore it there are a lot of good coins in the market and the arrest is just the beginning of Do Kwon woes, he will be sentenced for being responsible in the biggest Crypto fall out.

Then this pump is likely a trap. I really don't think there is a reason for its pump as this is not usual in the situation that the owner had faced nowadays.
I certainly expect a few days from now terrible drops are possible to see due big sell-off from the investors. I don't think it is a whale's activity but I could assume this was been a fake pump created by the members of this project.
Maybe it was best to ignore this pump and this project as we can expect nothing good from this project anymore.