LUNA Coin Future
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The second popular analyst, known by the nickname Clifton, focused on LUNA Coin. The issue here goes beyond the chart, as we have always mentioned, the guilt of Do Kwon is confirmed. The company will pay massive compensation, and we wrote that they sold their last remaining BTCs. At this point, the extradition of Kwon to the U.S. or South Korea is imminent. As lower and upper court decisions get overturned meaninglessly, the person responsible for LUNAโs collapse will pay the price.
Why is this so important? Because the Terra (LUNA) core team is gone. The new CEO is unsuccessful, and there are many alternatives to Terra. However, speculative rises could still happen, and for this, risk appetite needs to increase.the consolidation could soon end with a falling wedge breakout.
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