Guys, I need to say something about the recent movements of LUNC. I've been following this ecosystem daily for a year, and today's 70% surge seriously concerns me.

Let's start by recalling the facts. Do Kwon, as you know, is the person behind this project. If you ask what a manipulator means, that's exactly the term used to describe people like him. He was caught trying to escape the country with a fake passport, and now he's in jail. South Korea and the United States are waiting to prosecute him. But that's not the main issue.

What do you see when you look at the chart? A full one-year downtrend. Every day, it goes a little lower, causing investors to lose more and more. No significant project news has been heard, the ecosystem hasn't developed, yet it continued to decline. Over the past month, trading volume has been almost negligible—around $23,000 daily volume. Seeing such a sudden 70% increase in this situation... is very telling.

Do you remember Terra Station collapsed last month? USTC was supposed to trigger this rise, but it happened without any news or developments. The same move occurred three months ago. Back then, it retreated from the 7 levels and returned to the same place. Now, I see a similar spiral. It could bottom out and return to the same point again.

Entering this rising asset is very risky. LUNC has trillions in supply and is susceptible to manipulation. Without any fundamental changes, we should expect that sudden surges will fall just as quickly. I have to say this because I’ve made over 100 videos on this topic and followed it closely.

My simple advice: Never open a position with all your money. Absolutely avoid risky trades. If there’s any significant development, I will share it. But right now, you need to approach this rise with caution.