The future of LUNA 2.0: A gamblers dream or a great revival?

[PupperChan]

As you already know, after the downfall of the first TERRA LUNA coins, it left countless investors holding bags of worthless coins once was thousands, hell, even millions now worth mere pennies. This left many people thinking... What now? Since then, there have been discussions on how to recover the situation coming up with solutions such as splitting the network or making a new one entirely. The majority (Excluding public opinion) has fixated on making a new blockchain that would give birth to LUNA 2.0, otherwise known as Terra Classic. 

According to Terra, Terra 2.0 will, as quoted: “effectively create a new Terra chain without the algorithmic stable coin.”

The new Terra coin is set to launch tomorrow on May 27th, will be the  new blockchain associated with the Luna token. The old Luna will be replaced by Luna 2.0 and will completely sever its ties along with it. 

What does this mean for Luna 1.0?

This coin will stay as it is, as it was stated to co-exist. Holders of the old Luna, now renamed Classic, and UST will be given part of the 1 billion new tokens.

[Garf79]

Are you gonna buy any @PupperChan??

[PupperChan]

1 hour ago, Garf79 said:

Are you gonna buy any @PupperChan??

Nope, I dont trust Do Kwon and his team anymore. They are all shady and never gave any effort to fix or help anyone affected by the last luna. I will never support a failed project.