Terra’s tokens were invented by Kwon Do-hyung (aka Do Kwon), a South Korean national. Since the collapse of the two cryptocurrencies, Kwon has come up with a few plans to revive the coins but none has worked so far.
Experts say that the tanking of LUNA is a black swan event, rare but plausible and investors should learn a lesson from the event.
This came as a surprise to the crypto community as Dr Doom is a longtime crypto skeptic who called Bitcoin “the mother of all bubbles.”
Some of the world’s biggest brands, including Microsoft, Starbucks, and AT&T, are already accepting digital currencies.