While the last 30 days has been a blissful month for most of the cryptocurrencies, Terra’s Luna 2.0 has seen no effect. This is because the currency has dropped by 24.37% against Bitcoin in the last 30 days. Also LUNA has plunged by 89.8% from its all-time high on May 28.
Meanwhile, Terraform Labs Do Kwon , who has been completely silent since then, today in the early hours he took to Twitter to write down his thoughts on decentralized networks.
Do Kwon : Crypto Needs Decentralized Money
He made a note that the crypto space is in need of decentralized money which is censorship resistant.
Decentralized networks need decentralized money – obvious today more than ever — Do Kwon