LUNC (Terra Classic), the cryptocurrency mired in the Do Kwon scandal is seeing a resurgence. There are theories as to why it has risen 400%+ in last few days - one, the burn measure which passed (https://thecryptobasic.com/2022/06/09/new-terra-luna-classic-lunc-burning-proposal-receives-80-votes-in-favor-will-it-be-implemented/) and two, a classic pump and dump by the associates of Do Kwon (and other crypto opportunists and criminals), who reaped gains from the losses of investors in UST and the original Luna token. Certainly, it is possible that calls for his arrest and imprisonment also have helped the original Luna to begin to climb in price this week: https://cryptobriefing.com/meme-coin-wants-do-kwon-jailed-enter-jailkwon/ #lunaclassic #lunaterra #ust #dokwon #scandal #pumpanddump
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