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Wouldn’t You Instantly 2X With Luna Fork?

Binance

Cryptocoins Exchanges / Binance 168 Views

Hear me out,

You may have seen my “Calculate your Luna V2 after fork” conversion post.

First of all I was wrong, 10,000,000 ($2,000 worth) Luna V1 would end up being 153.xx Luna V2.

1 Luna V2 would need to be worth $10-$15 for you to stay even at $2,000 if they airdropped.

BUT, assuming everyone doesn’t dump immediately, and they do bring it out at the equivalent investment price right off the bat. Wouldn’t you just instantly 2x your investment since they don’t take the what could now be “meme” Luna v1 version away from you? Unless they rug or pull the contract 100% to 0.00000 you still technically have 10,000,000 Luna V1 AND 153 Luna V2 each worth $2000 each? You could just dump it and put it right back into Luna V1 or Vice versa? Thoughts?

TLDR: If they airdropped the equivalent $ investment in Luna V2 to Luna V1 holders they don’t really have the power to clawback your Luna V1 in doing so. Wouldn’t you instantly 2x and have Luna V1 and Luna V2 at the same value (assuming they don’t pull the plug, start Luna V2 IPO at <$1 or somehow clawback which I don’t think is possible)

Edit: Well you can’t dump more than 10% instantly because of 2 Year lock but still

submitted by /u/Atsoc1993
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