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Home ยป Breaking News: Vitalik Buterin, the Founder of Ethereum, Shares a Tweet Regarding Terra (LUNA), Resulting in Price Movement
Ethereum

Breaking News: Vitalik Buterin, the Founder of Ethereum, Shares a Tweet Regarding Terra (LUNA), Resulting in Price Movement

By adminMay. 31, 2024No Comments1 Min Read
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Breaking News: Vitalik Buterin, the Founder of Ethereum, Shares a Tweet Regarding Terra (LUNA), Resulting in Price Movement
Breaking News: Vitalik Buterin, the Founder of Ethereum, Shares a Tweet Regarding Terra (LUNA), Resulting in Price Movement
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Ethereum Founder Vitalik Buterin Retweets Tweet Regarding Terra (LUNA)

In a surprising move, Vitalik Buterin, the founder of Ethereum, took to Twitter to retweet a post about Terra (LUNA) that was shared before the token’s crash in 2022. Buterin’s retweet seemed to suggest that the Ethereum community had been right about LUNA all along.

The original post that Buterin retweeted was made by Ansem, a popular cryptocurrency influencer who is known for promoting memecoins like dogwifhat (WIF). In the post, shared on January 10, 2022, Ansem defended LUNA, but just a few months later, the Terra ecosystem experienced a major collapse, causing several bankruptcies in the crypto world.

After Buterin retweeted Ansem’s post, the price of LUNA saw a decrease. As of now, LUNA is trading at $0.6553, representing an 8% decline in the last 24 hours.

Please note that this article does not constitute investment advice.

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