Terra's Luna Sucker Rally
Terra's Luna Sucker Rally

Terra's Luna Sucker Rally

Over the past few days, crypto groups are asking whether LUNA is a buy for retail buyers. There is a warning from the stock markets patterns and my understanding is that this is likely a dead-cat bounce or a sucker's rally. The principle of minting/burning these coins to underpin the $UST token is a failed mission; the circulating supply shot from around 340million pre-collapse to a staggering 6.5TRILLION and still hasn't got $UST back to 10cents.


LUNA [2.0] - Hubris or guilt or...?

30 May 2022 1 minute read 0 comments CryptoEedjut

Following the emerging news of OTC bailouts of wallet holders being made above their crashing levels, the legal Team having jumped ship, the Korean Government wanting to question certain Luna employees  (or parties connected thereto) and other networ...

LUNA...it's all a matter of perspective

23 May 2022 1 minute read 1 comment CryptoEedjut

Terra's $LUNA crash has been a monumental lesson and reminder to all retail and OGs that this whole ecosystem is brand new and unregulated.  This will be remembered and some good teaching material for many years to come. In the past 2 weeks, you may...