- LUNA plan to buy $10 billion in BTC.
- BTC trades above $40k.
- CZ says we are still in the early days of crypto.
The crypto space continues to experience wild volatility due to many global factors that are happening right now. Currently, the whole market cap of the crypto space amounts to over $2 trillion. This amount is $1 trillion lower than the total market cap of the space in November 2021.
However, some investors in the space take this market dip as an opportunity to bag as many crypto assets as they can. Recently, the Co-founder of LUNA, Do Kwon announced the network plans to buy $10 billion in BTC. Indeed, BTC is facing mass adoption of tokens soon.
This made Bitcoin enthusiast Bitcoin Archive react in a tweet:
MicroStrategy bought ~$3.5b #Bitcoin in total since it’s first purchase 19 months ago.Now Terra announced pla ...