A Million $USD bet Luna Over $88 in March 2023? (Terra Chain)

The non believers of Terra chain continues to grow and with some force. A whale by the name of AlgodTrading two days ago proposed a bet that LUNA would be below $88 in a year. Interestingly creator of the Terra chain chimed in and by participating in the bet.

The Negative Twits

It all started with AlgodTrading putting out negative twits toward Terra chain.

Then it gets even more intense as AlgodTrading accusing LUNA as just Bitconnect.

The believers of LUNA then chimed in with their opinions and gloves where worn ready to exchange blows.

$1 million bet

https://twitter.com/AlgodTrading/status/1503103705939423234

- AlgodTrading

In addition Do Kwon was so confident that LUNA would be higher than $88 by next year he rebutted back asking if the bet could be raised to 90% of AlgodTrading's net worth.

Do Kwon is so confident he even try proposing an additional bet that UST would not de-peg.

Yet with the original $1 million bet being place an escrow was in order.

Cobie of host of UpOnly was the lucky person to be selected and the money by both parties were given to Cobie for safe keeping.

Bet goes up to $10 Million Bet?

Someone else on twitter accepts Do Kwon's proposed bet and sets $10 million in Dai.

Now Cobie has in total $22 million in cryptocurrency as escrow on the bets.

Cobie takes the bets seriously and makes sure the funds are accessible at all times.

What do you think will happen to LUNA price one year from now? $22 million is on the line for LUNA to either be higher or lower than where it is today.

None of what I write is financial advice. It is for entertainment purposes only. Thanks for reading!

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