LUNA 20 falls by 77 in 14 days as Do Kwon takes Twitter account private

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Tyler Moore

Two weeks after Terra’s ecosystem restarted through LUNA 2.0 airdrop, the coin has seen its value plummet to new lows after its price dropped by 77%. According to Coingecko data, the coin is currently trading for $4.33. The speculations came into light after self-proclaimed Terra insider FatMan alleged that Kwon and Terraform Labs lied about making the new network community-owned. He claimed that “TFL owns 42M LUNA, worth over $200m.”