LUNA coin and ICX coin, two major Korean public chains, have different fatesThe ups and downs of LUNA coin: LUNA, as a public chain in South Korea and a platform token for Terra, has been used for stablecoin issuance and other purposes, causing its price to skyrocket at one point. But in May 2022, due to UST losing its anchor, causing market panic, LUNA prices plummeted and its market value evaporated by more than 90%. After community discussions and voting, a hard fork was implemented and LUNC was born, injecting new opportunities into LUNA. However, the market has different views on its prospects.The history of ICX coin: ICX is a token of the ICON project, issued by a non-profit foundation in Switzerland, and is the first blockchain platform in South Korea. It has gone through three waves of rise from the tail of a bull market to the fall of a bear market, and then to a bull market. Although not a cross chain leader, it caught up with the popularity of the sector and saw a significant increase. Through the review of ICX, it can be seen that its trend has experienced significant fluctuations, but the overall trend is upward.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.The fate of LUNA coin and ICX coin is completely different, one has experienced a sharp decline and rebirth, while the other has experienced fluctuations and rises.
LUNC
T
-7.40%
LUNA
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