40B Terra Crumbles, Do Kwon Eyes Guilty Deal 🙈 – Will LUNA Cry or Moon?

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A pastel dusk over a provincial U.S. courtroom; somewhere a cuckoo clocks the billable hour for the tenth time that week. Mr. Do Kwon-once absolute monarch of algorithmic fairy-tales-now consults his tie as if it were the last depositor petitioning for mercy. Should he pen a mea culpa in a leaky Montenegrin notebook or bluff behind another austere legal brief? The tokens, poor orphans LUNA and LUNC, merely twitch like nervous generals awaiting the whistle of incoming artillery. 😬

  • Negotiations for a guilty plea proceed on tiptoe-Bloomberg’s source coughing into handkerchief № 7 of the day.
  • LUNA and LUNC shiver-investors recalibrate yesterday’s brave delusions into tomorrow’s cautious sigh.
  • Do Kwon, already found guilty of paperwork hooliganism in Montenegro, faces new performances from both U.S. and South Korean choruses-and each libretto contradicts the last.

You can almost smell the chalk dust of the judges’ benches: U.S. prosecutors polish their finest Latin to remind the gallery that a stablecoin which isn’t actually stable is, in the final accounting, oxymoronic comedy. Somewhere in a solitary cell, Mr. Kwon weighs eighty million tiny betrayals against the single grand one of a plea, while blockchain teenagers hurl popcorn in Telegram groups.

Do Kwon’s mounting legal troubles

If life were a Chekhov play, this act would open with a dusty Montenegrin passport center-stage, followed by a bankruptcy filing delivered on crumpled parchment. Kwon, like a minor landowner whose estate has been mortgaged to the moon, now listens to prosecutors recite his own whitepaper back to him-ironically, in the very accent it once mocked. A possible deal in Brooklyn would soothe one jurisdiction’s theatrical thirst, yet theaters remain booked in Seoul and Podgorica; curtain calls abound. Bravo! 👏

LUNA technical picture

At thirty-four kopecks shy of two dimes, the chart resembles the trembling line a heart monitor might draw after a decent scandal. Above it, the Bollinger Band looms like a border official asking for paper; below it, support slouches on a tavern stool mumbling “$0.148 or bust.” The RSI sighs at 44.75-as bored and non-committal as a tax clerk on Friday afternoon.

Volume leaps up ~40 % like a drunk uncle at wedding karaoke, while open interest sneaks out the side door: a polite but decisive ghosting. Should price muster courage for $0.169, the crowd might tip its hat toward $0.176 or, heavens, $0.190; should the floor collapse instead, expect letters to be posted from the $0.148 soup kitchen.

LUNC technical picture

LUNC lounges at $0.00006116-three zeroes plus pocket lint-less a price than a metaphysical shrug. A garden gnome with a tiara on its head would fetch more at the village fair. The upper Bollinger Band plants a caution flag at $0.00006464; only mosquitoes defy it. RSI 46.37 signals that last week’s despair has nudged the coin from an unheated attic into a moderately heated hallway.

Volume and derivatives squabble like siblings-one rushed ahead 17 % yesterday, the other tripped over open interest and spilled 3.62 %. Could a break above $0.00006417 carry us to the fabled $0.00007? Or will the coin trudge back to $0.000057 like a provincial clerk returning to his eternal office? Only the candle knows, and it is already half melted. 🕯️

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2025-08-12 08:11