Dogecoin co-founder once again criticizes Terra 2.0


Dogecoin co-founder Billy Markus, who appears to criticize the Asser TerraUSD Stablecoin on Twitter, is now claiming that the upcoming launch of Terra 2.0 will show the world how “dumb” cryptocurrencies gamblers actually are. A week ago, a reboot by Terra CEO Do Kwon was flagged off by the community. It won a 65 percent majority in the community vote for the new project. According to Kwon’s proposal, the current LUNA token will be renamed LUNA Classic, while a new LUNA-only blockchain will be launched on Block 0 on May 27.

Marcus has not explained in detail the statement made in his latest criticism of the Terra project, but it is easy to conclude that Dogecoin’s co-founder believes that things can get worse even after Terra launches its new chain.

A week ago, Marcus posted a controversial tweet after the TerraUSD crash, describing 95% of cryptocurrency projects as “scams and trash”. Adding to his original tweet, Marcus said that those who are going to be “triggered” and “lashed out” on his tweet are “scammers”. While the dogecoin creator’s tweets came at a time when the crypto market was booming with the scam project.

Meanwhile, the Terra team is working closely with several centralized exchanges to support the upcoming airdrop for their community while keeping up with their revival plan. 35 percent of the LUNA tokens will be given to holders of LUNA and UST. A large portion of the token will also be allocated to Terra dApp developers and the entire ecosystem.

The founder of Terra, Do Kwon, said the motivation for restarting the currency was to support the broader platforms built around Terra.

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