Cryptocurrency of the world’s most famous fraudster grew by 10% per day

Editor’s note: not financial advice!

Terra Luna Classic (LUNC), the token of the world’s most notorious cryptocurrency fraudster До Квон" href="https://noworries.media/biography/do-kvon/" data-bio-id="3665">Do Kwon, has unexpectedly shown a 10% increase in value. According to CoinGecko, Terra Classic bulls have successfully raised the price from a daily low of $ 0.8 374 to a daily high of $ 0.9 713.

Recently, the Luna Classic ecosystem has been in the spotlight due to the efforts of its developers. The update of the test network to version 2.0.0 is the latest achievement of the LUNC team.

According to analysts, if the bullish momentum overcomes the 24-hour high, the next target will be the psychologically important barrier of $ 0.0001. Breaking through this level could attract new investors and push LUNC to new heights.

However, experts have once again emphasized that until recently, Terra Classic was closely associated with Do Kwon, whose fraud caused thousands of users to lose their savings. There were also unpleasant cases in Ukraine.

Luna Classic is the native token of the Terra ecosystem, which collapsed in March. The Terra community voted to create a new network with a new Luna token. Thus, the old Luna coin became known as Luna Classic.