Anti-Cryptocurrency Happy to See the Crash of Luna
Anti-Cryptocurrency Happy to See the Crash from Luna
One of the coins within the top 10 in the market is Luna. It was a genius concept, at first, to link the concept of UST with Luna. The position in the top 10 cryptocurrencies makes a testament to the ingenuity of Terra labs and the Luna Foundation. An interesting business idea. Luna is provable and it's not the same as coins like squidgame tokens. The token which took its name from the film made many people disappointed. However, Luna was different. You know who is the leader of Luna, where is Luna's head office, where is the laboratory to build technology from blockchain from UST and Luna.
Luna's technology allows UST and Luna to communicate with each other. If the UST is bigger than Luna, then there is a program to burn the UST. Vice versa, the main developer will burn Luna if this coin experiences excess coins or decreases in price. Again, no hope will be shattered when thinkers Terra and Luna build their blockchain. All of those are good times at the beginning of Luna. It all looked sweet before the market crushed UST and Luna became the dark history of cryptocurrency.
The founder of TerraLabs, Do Kwon must accept difficulties that are far from expected. Maybe they already have a plan to anticipate market problems in developing UST and Luna technology. However, TerraLabs Founder Do Kwon did not read that the crypto market is more ruthless than traditional trading. When there is a strong opponent against UST and Luna. Supposedly, TerraLabs Founder Do Kwon rearranged their technology quickly.
Even though Luna doesn't prove to be a regulator of the crypto market, her position as the top 10 in the crypto market has had a tremendous impact. There is a lot of speculation that makes anti-cryptos look for arguments to say that crypto has the potential for very high risk. With this opinion, anti-crypto seeks to find ground to generalize that the dangers of the crypto market are a definite reality.
Do Kwon had to study BUSD and USDT to find new coin stability. Even so, anti-crypto already has a way to destroy Luna and they have another way for the same event in the future. Does Do Kwon understand the dangers of the first destruction, I hope so.
Although other cryptos have had a bad time over the past two weeks. Luna is not the same as Bitcoin Cash. It's good for Do Kwon to learn from the Binance, Etherium, Hive, and Bitcoin Cash communities. Because this community has strong reasons to fight anti-crypto. A strong community with support for adoption keeps the potential of crypto from being destroyed. Do Kwon has to pay attention to this.
Some of the things to develop for the new Luna and Terra are building writing platforms like read.cash, Hive, Publish0x and such. This community can use Luna Classic for payment and distribution of commitments from a good community. In addition, the ideas of the authors on the Luna platform will help Do Kwon find the best way to maintain company stability, technology development, how to adopt coins, and many other benefits.
In addition, Luna Classic can take already created spaces such as nft, games, and new token development to strengthen their community. Something important came after the great disaster. If Don Kwon learns from past mistakes. Every time Luna develops the platform and application, at the same time, the loyalty to their coin will increase. The community has room to fight anti-crypto as well as attack anti-luna with good minds and intellectuals.
Lastly, K-Pop is a huge cultural force. Great potential of music, tv series, movies and many other things coming from South Korea. Do Kwon can take steps to collaborate with South Korean artists in promoting Luna while making crypto popular. After Samsung, then hyundai, then Luna can take a role in the promotion of technology originating from South Korea.
I think