One of the most pessimistic people may be changing his mind about altcoin Terra Luna Classic. For a while David Gokhshtein showed no sign of affection for Terra’s Luna Classic (LUNC). LUNC emerged after the collapse of the Terra ecosystem and the launch of Terra 2.0 with the new coin Luna. Here are the details
Gokhshtein was strongly against the altcoin project
Gokhshtein is the founder and influencer of Gokhshtein Media, a former US Congressional candidate. In a recent tweet, he seems to be softening his stance on LUNC. Apparently, he is excited that LUNC has come up with a new roadmap to revive the project and increase the price of the coin. The roadmap was created and supported by “Terra rebels”, a section of the Terra community that supports Luna Classic.
Gokhshtein was anti-LUNC for a while. cryptocoin.com As we have also reported, he once referred to LUNC as a lottery ticket that showed Terra Classic was of no use. However, it seems to have changed his mood. He now appreciates the coin’s recovery trajectory. But his latest tweet suggests it could be a sarcasm.
He even shared this sentiment in a separate tweet a few days ago. “LUNC is up 50% today based on this Binance burn alone,” he said. Gokhshtein went on to admit that he was tempted to buy LUNC. As it is known, Binance has announced that it will support the LUNC burn, which is a plan designed to reduce the supply of the token and support price recovery. After news of this broke out, the coin started to strengthen its foothold and establish a good recovery.
Latest situation on LUNC price
It’s a big deal for the ailing coin that people like David Gokhshtein are now changing their stance to express their support for LUNC. More people investing and the success of the token burn are key developments for the strong recovery. Still, Gokhshtein has a question about the project. And a question that needs to be answered about the ongoing debate between the South Korean government and Do Kwon: “How will South Korea freeze Do Kwon’s 62 million worth of Bitcoin?”. Kwon is the founder of Terra and is largely blamed for the collapse.
At the time of this writing, LUNC is ranked 33rd by market cap. It is changing hands at $0.00028 with an increase of 2 percent in the last 24 hours. However, it seems that the trading volume has decreased by about 30 percent. Time will tell if the increased support by the exchanges and the new roadmap will have a significant impact on the token.
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