When Luna is a meme coin

Luna token or Terra collapsed this year. Many other memorable events bring down the crypto market.

However, Luna has changed and turned into a meme like coin.

Is Terra coming back soon? Let's find out:

Terra Founder

Terra founder Do Kwon was infamous for wasting billions of dollars and still walking free.

Someone created a meme coin to make him go to jail.

Regulations step up

Countries like Singapore have been closely regulated by the recent impact of the crypto earthquake. Their financial regulations put crypto companies under jurisdiction to oversee and manage to hopefully return investors' losses in the future.

Crimes continue

Even though the Terra collapsed, many other tokens or coins will be slowly affected. Those collapses will be slower and unrecognizable.

Luna meme coin

Luna classic or previous, refer as Luna, becomes a meme coin. Since the Terra labs abandon the project, the price will become easier to influence through the internet.

If more people join the community, it may become another meme coin like Dogecoin in the future.

But that is not erasing the fact that Terra lab has rugged pull their investors, and they will face regulations in the future.

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Photo by Luis Villasmil

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