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?
LUNC is up by 20% as of this writing. But don't be deceived by it thinking the arrest of its founder is not that giving a big impact on its price.
It's just that many traders are still playing in their market since the volume is still interesting.
In the long-term, the arrest of the founder will have a bad effect if there's no good progress happened on the way.
It's good to still trade LUNC up to this point but to hold it for long, no way.