I think so man.

I feel weird about all this shit.

I know almost nothing about Terra/Luna/WLUNA.


From what I understand is that WLUNA follows Luna. Its NOT Luna. Its it's own coin on the ETH blockchain??? I think???


So with that, Coinbase is suspending trading on the 27th. Coincidentally, that's when Terra releases Luna V2.

Also, I think if you swap wluna to original Luna it burns the WLUNA.

I'm not sure on that.

My mind is all over the place with Luna.

I do know alot of exchanges are buying up wluna. I think the exchanges are going to do a mass burn off of WLUNA. It is separate from Luna and is only contractually connected to Luna.


I think that contract has been broken and WLUNA is going to be it's own thing.


Those exchanges are accumulating because WLUNA only has to get back to 1% of it's all time high to make billions.

Now imagine it going back to 10% of its ATH.


Since WLUNA could become independent of Terra/Luna, the possibility is there to burn half and decreasing the total coins in circulation.


I think that's why Coinbase has been vague and I think that's why exchanges that dont even trade WLUNA are accumulating.


I must say, its totally worth my 50 bucks.


This ride is fucking crazy.