Investing In Luna 2.0 Is Like Sending A Scammer Money

Investing in Luna 2.0 is like sending a scammer money so he can send you your previously stolen money back.

Investing In Luna 2.0 Is Like Sending A Scammer Money

You know that classic attempt from a scammer to grab more money by asking their victims to send him more money, so he can send them their previously stolen money back?

This is exactly what the whole Luna 2.0 situation feels like. People lost millions and now they are investing in a shitcoin in the hope to get that millions back.

But there was an airdrop!? So they don’t invest?!

Yea, but in order for the coin to be worth something, other people will have to invest and put money into it, and there are people that are actively doing so. These are most likely the same people that already were invested in Luna before and want to make more gains to cover their losses.

But they are gonna lose all of it. And there are already people celebrating the new blockchain by making claims like biggest airdrop ever or most decentralized blockchain etc. People will never learn…

PeckShield – blockchain security and data analytics company – has identified scammers sending so-called “Wrapped LUNA 2.0” tokens to high profile Ethereum addresses. The ploy is meant to imitate the actual LUNA re-launch airdrop taking place.

LUNA 2.0 it is scam!

Investing In Luna 2.0 Is Like Sending A Scammer Money

The network’s native token will be LUNA 2.0, while the current LUNA will be called LUNA Classic and will remain on the collapsed blockchain.

Users who own the previous LUNA and UST will be eligible for an airdrop of the new cryptocurrency, with the amount received ranging in proportion to whether they owned the assets before or after the crash.

Source: https://www.reddit.com/r/CryptoCurrency/comments/v378h0/investing_in_luna_20_is_like_sending_a_scammer/
What do you think about this?

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.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Annie

CoinCu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

Recent Posts

Bitcoin Trader Turned $100M in His 20s—Now Reveals 5 Altcoins to Build a $50M Portfolio, With Memecoins Leading the Way!

As Bitcoin reaches unprecedented heights and the market surges, he's highlighting five altcoins poised for…

13 minutes ago

Which Crypto Will Explode in the 2024-2025 Bull Run?

With the crypto market reaching new peaks, many are eager to discover digital currencies poised…

18 minutes ago

Dogecoin and Shiba Inu Approach $1, but All Eyes Are on XYZVerse’s Push to $10!

XYZVerse, blending sports passion with meme energy, is set to make a significant impact, uniting…

26 minutes ago

Will Bitcoin Crash or Soar Past $105K in 2024?

Will Bitcoin Crash?" seems to be one of the most controversial questions, as the price…

2 hours ago

The Best Crypto for Passive Income? 10% Weekly Gains and 20% Final Surge—Qubetics Mirrors Cosmos’ Early Success!

There’s always that one coin people wish they hadn’t overlooked. For many, Cosmos ($ATOM) is…

2 hours ago

Cosmos Developer Interchain Foundation Sold 3000 ETH Today

Cosmos Developer Interchain Foundation sold 3000 ETH from its ICO today, totaling 21,600 ETH sold…

3 hours ago

This website uses cookies.