Dogecoin founder Shibetoshi Nakamoto has turned to his Twitter page to offer his thoughts on the recent news surrounding the introduction of Luna 2.0. This comes after the company that is responsible for Luna, <a href="https://www.cryptoknowmics.com/news/terraform-donates-additional-1-2b-to-the-luna-foundation-guard/">Terraform Labs</a>, made an announcement that confirmed the launch of Luna 2.0.

Nakamoto revealed to his 1.5 million followers on Twitter how luna 2.0 will demonstrate to the world exactly how truly dumb crypto gamblers actually are. It's likely that the founder of Dogecoin is referring to how silly it would sound if there are still crypto investors prepared to invest in the new version of Luna, considering how many people lost a significant amount of money to the crash of its predecessor.

[embed]https://twitter.com/BillyM2k/status/1529477014985486338?t=inpnu556fniuUTvZKyp1bw&amp;s=08[/embed]
<h2>The Unveiling of Luna 2.0</h2>
Luna 2.0 was officially <a href="https://twitter.com/WatcherGuru/status/1529430578092810240" target="_blank" rel="nofollow noopener">announced</a> today with the promise that it will be a brand new blockchain. Applications that were previously running on the earlier version of Luna (LUNA Classic LUNC) will not be transferred on the new chain. Instead, these applications will need to be upgraded to Luna 2.0 in order to continue functioning. The new blockchain will be launched on May 27th, along with an airdrop for eligible LUNA and UST holders.

Following the highly publicized Luna crash, its founder announced his Terra Ecosystem Restoration Plan, which essentially involves creating a new and upgraded Luna blockchain without the UST stablecoin. The proposal has now passed with 65.5% votes.

There's a lot of skepticism going on in the crypto community about the launch of Luna 2.0, as there is a current lawsuit against Terraform Labs and its founders. There's a lot of work to be done by Terraform Labs if Luna 2.0 is to be a success, considering that the crypto market is only just recovering from the recent crash.

Dogecoin Founder Says Luna 2.0 Will Show How Dumb Crypto Gamblers Are

After the announcement of the proposed release of Luna 2.0, Dogecoin Founder commented that this will show how truly dumb crypto gamblers are

Kay is a content specialist who has a particular interest in the finance and cryptocurrency industries, among others. He is a frequent contributor to a number of finance and cryptocurrency-related websites, where he offers readers with informative and educational articles on the cryptocurrency and financial markets. Aside from that, he is an avid supporter of blockchain technology.

Dogecoin Founder Says Luna 2.0 Will Show How Dumb Crypto Gamblers Are

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