Why do LUNA coins and ICX coins have different fates?LUNA coin's fate is full of twists and turnsAlgorithm stability mechanism failure: LUNA, as Terra's platform token, was linked to the stablecoin UST, but UST lost its anchor, causing LUNA to plummet.Market value evaporation and trust crisis: The sharp decline has caused heavy losses for investors and shaken the trust of the Terra ecosystem, resulting in a market value evaporation of over 90%.Hard fork and rebirth: Through community discussions and voting, a hard fork was implemented to give birth to LUNC, injecting new opportunities into LUNA, but the market prospects are still controversial.ICX coin is relatively stableEarly launch and bull market opportunities: ICX was launched earlier and caught up with the tail of the bull market. Although it experienced fluctuations in the future, the overall trend was upward.Project background and popularity: Backed by large physical companies, with high market recognition, and catching up with the popularity of cross chain sectors, the increase is significant.ICX has a wide range of applications in the Korean market, connecting multiple banks, securities companies, insurance companies, etc., promoting the application of blockchain technology in these fields. In addition, the South Korean government's attitude towards cryptocurrency trading is relatively open, creating a favorable environment for the development of ICX.
LUNC
T
-7.40%
LUNA
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