Do Kwon Surprise Could Boost LUNC, USTC, and LUNA

Nearly six months after Terra’s collapse, which according to various estimates removed around $60 billion from the crypto market, the ecosystem of cryptocurrencies continues to constantly produce data and display unfathomable price pirouettes on their charts.

The participation of the project’s founder, Do Kwon, on the well-known crypto podcast Unchained Podcast, could be one of the next catalysts that could cause unforeseen volatility and related price action for LUNC, USTC, and LUNA.

This next Tuesday, October 18, the episode with Do Kwon will be released, according to podcast host Laura Shin. Listeners will be able to find out the most important details concerning Terra, Do Kwon, and their collapse in the future episode.

Price manipulation on Terra – Do Kwon

While the inventor of the controversial project may appear, there is a chance that the event may be predicted, which might cause significant disruption to bitcoin quotations.

Do Kwon has in the past affected Terra cryptocurrency price movements. For instance, every time the developer rejected or caustically reacted to news of his legal and police prosecution, the prices of LUNA, USTC, and LUNC soared.

The developer’s Singapore passport is set to expire the day before the episode of the Unchained Podcast with Do Kwon is scheduled to air, raising the risk that he could be deported to his native South Korea after that time.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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