Renowned analyst David Gokhshtein reveals the factors behind LUNC’s return.

Gokhshtein Media founder David Gokhshtein believes that LUNC will not be a casino and will return if the community finds a way to legally exploit it.

Mr. Gokhshtein Said that LUNC coins are now like gambling. There will be a lot of losers and a lot of gains all the time, like a musical chair game where only some people can sit in the chair. And some people will get nothing.

He added that LUNC was only gaining popularity following the collapse of Project Terra, and it was being used as a fast-growing casino.

$ AWAY is led by a community and not by Kwon.

Half of them have jumped into the shit just to gamble. The other half are those who suffered from the collapse.

If they can find a way to build a legitimate use-case, it would be an impressive comeback.

— David Gokhshtein (@davidgokhshtein) September 17, 2022

In the latest tweet of Mr. David Gokhshtein tellthat LUNC belongs to the community, not Mr Do Kwon’s, and half of them go to it to use it as a casino. And the other half are those who suffer from Project Terra’s collapse, and he believes it can return if the community finds a way to legally exploit it.

Following the collapse of Project Terra in May, Terra’s original Chain was renamed Terra Classic, and on 28 May 2022 it was renamed Terra Classic.debut Terra 2.0 to support future use under Terra, the old Chain coin was renamed LUNC.

This is a big challenge.

Will Chen, former Terra project developer, spoke out on the keynote: “Who is the LUNC whale and who is the network operator?” and how much community ownership of the project?

and he also said that It’s hard to attract projects to Terra Classic until you know who runs the game.

Terra coins, both LUNC and LUNA, were both affected by the latest news of Terra CEO Do Kwon at the Singapore Police.saidHe is no longer in this country.

Source : U.Today