There’s a surprise from Terra founder Do Kwon, who has become an icon of the crypto crash. Experts draw attention to this date. Because the tokens of the Terra ecosystem, which are famous for their volatility, LUNA, USTC and LUNC are possible to fluctuate sharply.
It could be a Do Kwon surprise for LUNA, USTC, and LUNC!
The crypto market has started to decline with the US Federal Reserve embarking on an aggressive rate hike path. However, what happened in some altcoin projects played an important role in deepening this collapse. Undoubtedly, the first thing that comes to mind is Do Kwon’s Terra (LUNA). The altcoin, which entered the top 10 in the crypto league, has collapsed dramatically. However, he later rose from the ashes like Phoenix!
According to various estimates, Terra’s collapse stole nearly $60 billion from the cryptocurrency market. However, about six months from now, the ecosystem is back on the agenda with cryptocurrencies. So much so that they continue to regularly generate information and perform unimaginable price cycles on their listings.
And now Terra founder Do Kwon will appear on the popular show Crypto Unchained Podcast. According to experts, this development is likely to cause unpredictable volatility for LUNC, USTC and LUNA. So, developments in this program are likely to be one of the next triggers to create price action.
According to podcast host Laura Shin, the episode with Do Kwon will air next Tuesday, October 18. In the next episode, listeners will be able to get answers to their most pressing questions about Terra, Do Kwon and their downfall.
Price manipulations of Terra tokens
Terra (LUNA) and its founder, Do Kwon, are notorious in the cryptocurrency market. Experts assess that the emergence of the founder of the project will likely shake the ecosystem cryptocurrency prices drastically. Meanwhile, the risk of foretelling the event should not be overlooked.
cryptocoin.comAs you follow, it should be noted that Do Kwon previously influenced the prices of cryptocurrencies of the Terra ecosystem. For example, LUNA, USTC, LUNC prices soared every time the developer denied or sarcasticly responded to news about legal and police prosecution. Interestingly, the episode of the Unchained Podcast with Do Kwon will air the day before the developer’s Singapore passport expires. There is also the possibility of deportation to his homeland of South Korea after this date.
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