‌LUNA coin and ICX coin have different fates for two major Korean public chains‌

‌LUNA coin ups and downs‌: LUNA, as a public chain in South Korea and a platform token of Terra, was once used for stablecoin issuance, and its price once soared. However, in May 2022, due to the loss of UST anchoring, market panic caused by the loss of UST, LUNA prices plummeted, and the market value evaporated by more than 90%. After community discussion and voting, a hard fork was implemented to give birth to LUNC, injecting new life opportunities into LUNA, but the market has different views on its prospects‌.

‌ICX coin history‌: ICX is the token of the ICON project, issued by a Swiss non-profit foundation, and is the first blockchain platform in South Korea. It has experienced three waves of rises from the tail of the bull market to the decline of the bear market, and then to the big bull market. Although it is not a cross-chain leader, it has caught up with the popularity of the sector and has increased significantly. Through the review of ICX, it can be seen that its trend has experienced large fluctuations, but the overall trend is upward‌.

ICX is widely used in the Korean market and has connected many banks, securities companies, insurance companies, etc. in South Korea, promoting the application of blockchain technology in these fields. In addition, the South Korean government is relatively open to cryptocurrency trading, creating a good environment for the development of ICX.

The fate of LUNA coin and ICX coin is completely different. One experienced a plunge and rebirth, while the other experienced fluctuations and rises.