LIVEVitalik Buterin's Surprising Retweet: What Does it Mean for Terra (LUNA)?*
*Ethereum Founder's Cryptic Move Sparks Market Reaction*
_Vitalik Buterin's Retweet: A Blast from the Past_
Vitalik Buterin retweeted a post from Ansem, a cryptocurrency influencer, that had been shared on January 10, 2022. The post defended Terra (LUNA) before its collapse in May 2022.
*Implication and Impact*
_Implication:_ By retweeting the post, Buterin implied that the Ethereum community was correct about LUNA's demise.
_Impact on LUNA Price:_ Following Buterin's retweet, the price of LUNA dropped by approximately 8% over the next 24 hours to $0.6553.
*Terra (LUNA) Collapse: A Brief Recap*
_Terra's Downfall:_ In May 2022, the Terra ecosystem suffered a major collapse, triggering a chain of bankruptcies in the cryptocurrency world.
_Ansem's Promotion:_ Ansem is also known for promoting dogwifhat (WIF), one of the recently emerged memecoins.
*Buterin's Silence: A Mysterious Move*
_Buterin's Silence:_ Buterin's retweet did not contain any additional commentary, leaving the implication of his actions open to interpretation.