Three Reasons Why Terra Classic Is a Zombie Crypto Token By CoinQuora
— Coinquora, Classic, Terra, Zombie, Tokens, Returns, Regan, Reasons, Token, Crypto — 1 min read
Bloomberg analysts argue that Classic has a relative lack of value and is a relic of Terra's past. LUNC still has buyers across exchanges despite flatlining at near zero in the collapse of Terra’s LUNA and UST. Mike Regan and Misyrlena Egkolfopoulou argue that there is a class of risk takers scooping up Terra Classic (LUNC) across exchanges. The Bloomberg reporter argues that percentage returns earned on staking and rewards and promised returns are indicators of zombie crypto tokens. Regan argues that investors believe in the potential and promise of zombie tokens like Terra Classic. (DOGE) and DogE) (Crowdfunding-funded by Bitcoin, which is currently trading at $0. Source