could TERRA LUNA classic ($LUNC) go back to $1 dollar?

Jatiluhung

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Wheel of Whales 🐳

Quote from: kurniawan05 on May 31, 2022, 06:54:00 PM

For a classic LUNA it will be very difficult to touch 1 dollar considering the amount of supply is so large, but for the LUNA V2 the price, as you can see for yourself, has touched the price of 18 dollars.

Yes, it is true. Of course, youre right and everyone knows that the supply of Terra Luna Classis is unlimited, so the supply continues to grow. And yes, that is indeed the reason why it is impossible for $LUNC to return to $1 or even $0.1 unless it's burned from the start, as suggested by CZ binance. However, Do Kwon has explained that he will not burn and will make Luna 2 as a solution, even though there is a lot of opposition from the community, but he is still adamant and finally Luna has just been traded and the price has reached $30. then dump back to $5 and now it's gradually rising back up.

but I myself don't want to look at LUNA anymore because I see her reputation which is now disappointing many people. Although I enter maybe only to the extent of following the hype and leaving when I have made a profit. because it is too risky if for the long term.

CryptoYar

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Quote from: RussianEnglishTranslation on June 01, 2022, 12:50:01 PM

Quote from: CryptoYar on June 01, 2022, 05:28:24 AM

Quote from: Jatiluhung on May 14, 2022, 03:08:16 AM

There are so many questions that I come across about Terra Luna. starting from whether to rise again? will it return to $1 ?
~

Sir, Do you know the total supply of Luna classic? It is 6.53 trillion and to reach this price, Luna's marketcap should be 6.53 trillion, which is many times more than bitcoin's market cap. In fact it is more than whole crypto market.

I can't believe you guys are investing in v1 and v2 after it was outed as a scam. Do you hate money? I think exchanges are going to pump and dump v2 on retail investors and then pick the next coin to hype. Personally, I'm only trading on DEXs now, no KYC, no bots. My portfolio is filled with multiple L1 chains with EVM compatibility, like Aurora, CNDL, Celo, and HBAR.

I'm not interested in this shit.

Just helping him to understand that $1 is impossible for luna classic. As I said before, with 6.53 trillion total supply it can't even touch $0.5 in near future but he/she is expecting $1 from it.

RussianEnglishTranslation

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Quote from: CryptoYar on June 01, 2022, 05:28:24 AM

Quote from: Jatiluhung on May 14, 2022, 03:08:16 AM

There are so many questions that I come across about Terra Luna. starting from whether to rise again? will it return to $1 ?
~

Sir, Do you know the total supply of Luna classic? It is 6.53 trillion and to reach this price, Luna's marketcap should be 6.53 trillion, which is many times more than bitcoin's market cap. In fact it is more than whole crypto market.

I can't believe you guys are investing in v1 and v2 after it was outed as a scam. Do you hate money? I think exchanges are going to pump and dump v2 on retail investors and then pick the next coin to hype. Personally, I'm only trading on DEXs now, no KYC, no bots. My portfolio is filled with multiple L1 chains with EVM compatibility, like Aurora, CNDL, Celo, and HBAR.

hd49728

legendary

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Not your keys, not your coins!

Quote from: d3nz on June 01, 2022, 02:24:30 AM

Luna 2.0 is much better than the Luna Classic in terms of price prediction. I think that LUNA 2.0 will only reach not more than $20 and we all know that whales are taking advantage of the market and panic of the holders of LUNC since they will know that it will be dumped on the market and since we are on the verge of the bear market it could reach below the $5 before the end of this month.

It is only another pump and dump game from Do Kwon and Terra team. They will try to pump LUNA to claim that Terra 2.0 is successful and its success will help them to cover failure and loses in Terra 1.0 (Terra Classic now). I don't believe in Terra 2.0 when it is managed by Do Kwon and my belief lost after all his bad decisions in the depeg death sprial.

Quote

It would be much better to buy and sell LUNC than to hold it. It could reach much dipper since there are still flaws in the network of Luna Classic that still can be fixed by the team of Do Kwon.

It is good advice because Luna Classic will not recover in near future. Many reasons. Do Kwon and Terra team still own both chains: Terra and Terra Classic. It will make community fearful about future of Luna Classic.

Moreover, the issue with UST has yet been resolved. So people still feel fearful that another massive token mint will appear.

In addition, market makers won't build up a game in near future and pump Luna Classic to help small investors or gamblers get rich and become millionaires easily.

CryptoYar

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Quote from: Jatiluhung on May 14, 2022, 03:08:16 AM

There are so many questions that I come across about Terra Luna. starting from whether to rise again? will it return to $1 ?
~

Sir, Do you know the total supply of Luna classic? It is 6.53 trillion and to reach this price, Luna's marketcap should be 6.53 trillion, which is many times more than bitcoin's market cap. In fact it is more than whole crypto market.

d3nz

sr. member

Activity: 1372

Merit: 264

Quote from: rodskee on May 31, 2022, 09:35:54 PM

Quote from: Jatiluhung on May 14, 2022, 03:08:16 AM

There are so many questions that I come across about Terra Luna. starting from whether to rise again? will it return to $1 ?
and I also can not respond because of my limited knowledge about this.
maybe here friends can explain a little about the possibilities that can happen to this Terra Luna coin.
I will appreciate any of your opinions. because good conclusions can not be drawn if only done alone. it requires collecting data from multiple sources and many people.

seeing it now? LUNA comes to reach back 8 dollars now and yes this increases instead of dumping back to 1 dollar and this is a great return as it goes 19$

look at the movement 7d Low / 7d High
$3.63 /
$19.54

this seems to be the start of recovery from the saddest part of LUNA this year .

___________________________

But if you are asking about the Classic LUNA? maybe this cannot touch 1$ this year for certain .

Luna 2.0 is much better than the Luna Classic in terms of price prediction. I think that LUNA 2.0 will only reach not more than $20 and we all know that whales are taking advantage of the market and panic of the holders of LUNC since they will know that it will be dumped on the market and since we are on the verge of the bear market it could reach below the $5 before the end of this month.

It would be much better to buy and sell LUNC than to hold it. It could reach much dipper since there are still flaws in the network of Luna Classic that still can be fixed by the team of Do Kwon.

rodskee

full member

Activity: 2576

Merit: 205

Quote from: Jatiluhung on May 14, 2022, 03:08:16 AM

There are so many questions that I come across about Terra Luna. starting from whether to rise again? will it return to $1 ?
and I also can not respond because of my limited knowledge about this.
maybe here friends can explain a little about the possibilities that can happen to this Terra Luna coin.
I will appreciate any of your opinions. because good conclusions can not be drawn if only done alone. it requires collecting data from multiple sources and many people.

seeing it now? LUNA comes to reach back 8 dollars now and yes this increases instead of dumping back to 1 dollar and this is a great return as it goes 19$

look at the movement 7d Low / 7d High
$3.63 /
$19.54

this seems to be the start of recovery from the saddest part of LUNA this year .

___________________________

But if you are asking about the Classic LUNA? maybe this cannot touch 1$ this year for certain .

ibuddy122505

sr. member

Activity: 1066

Merit: 261

Sometimes worst advice can be recipient. If you get fun from the volatility, basically you can pocket up certain dollars. It's not easy as that to trust coin after massive collapse, trust issue matters. If people didn't learn, they'll get rekt. New rebranded LUNA 2.0 has arrived at 18 USD in spite of so many dissatisfaction over this network collapse. The original Terra has rebranded to Terra Classic, which can't be contact 1 USD.

kurniawan05

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Activity: 1708

Merit: 13

KUWA.ai

For a classic LUNA it will be very difficult to touch 1 dollar considering the amount of supply is so large, but for the LUNA V2 the price, as you can see for yourself, has touched the price of 18 dollars.

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: Captain Corporate on May 31, 2022, 04:46:49 PM

What we should focus instead of the current situation would be to just ignore all of this, and try to be in a situation where we can actually make money with less risk. Luna going back to 1, or the "new luna" going to 1 or whatever, none of this matters because it has too much risk. Just ignore it, ignore the creator do kwon, ignore the team, ignore even the community that still supports it, and move on to something new. That way you could find yourself something that will make some more profit, and it will be a good idea. I never really liked Luna to begin with anyway, and after this? Its not even a question, wouldn't invest even 10 bucks.

We do have our own decisions because there are people on which no matter how hard you do make out some advise or suggestions but still wont really stop on getting involvement with these shit projects
like luna where everything really goes down through the hype but there are still who do continue to invest or make involvement for the hope of making big bucks or profits in a short time.
Thats why there are people who do play with fire despite of the high risk and the past bad experiences that they do able to see or experience on that core or past LUNA and now
it does have 2.0 then there's still people who loves to deal with.

Captain Corporate

hero member

Activity: 2170

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What we should focus instead of the current situation would be to just ignore all of this, and try to be in a situation where we can actually make money with less risk. Luna going back to 1, or the "new luna" going to 1 or whatever, none of this matters because it has too much risk. Just ignore it, ignore the creator do kwon, ignore the team, ignore even the community that still supports it, and move on to something new. That way you could find yourself something that will make some more profit, and it will be a good idea. I never really liked Luna to begin with anyway, and after this? Its not even a question, wouldn't invest even 10 bucks.

dezoel

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Leading Crypto Sports Betting & Casino Platform

Quote from: coco23 on May 30, 2022, 11:24:07 AM

I don't think anybody is serious about continuing the "classic" Luna now. The devs started the "new" Luna, which is basically a rollback. Unfortunately they can't rollback the recent events, so they will have to come up with a new, more stable system. They will also need a re-branding, I doubt that any investor will touch projects with this name and history in the next time.

The sad thing is, there is no logical argument about what they will change in order to make the new one not face the same situation. Like let's assume they did a new UST, what makes us or them to think that the same thing can't happen to that one?

We all know very well that the very same thing could happen to it as well, and in return happen to "new" Luna as well. They are just trying to milk the cash cow right now and nothing more, they lost a lot of money because of what happened and trying to recover it, and they are just hoping that they could get back to being rich, and they are using our money to get there as well and giving us false hope for it.

coco23

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Quote from: Luzin on May 30, 2022, 11:13:52 AM

Quote from: d3nz on May 30, 2022, 10:04:49 AM

If the OP is talking about the LUNC then, it will not happen. You will see the big difference between the market supply and market cap which is really huge and I think that getting the price of $0.005 will take 4 - 5 years, others are comparing it to Ethereum Classic which is a huge mistake for holders.

Do Kwon will focus on the new Luna, they will give the new Luna development portion more. Then for LUNC it will probably be left to the market or community. LUNC is a failed project, hoping to return to 1$ just a dream. Lunc has returned to trading on Binance but the price is ruined. The new Luna has also entered, but on Binance it can't be traded yet. Even before entering Binance the price of Luna Baru has already dropped by 60%, perhaps this is due to many sell-offs to recoup losses from Lunc.

I don't think anybody is serious about continuing the "classic" Luna now. The devs started the "new" Luna, which is basically a rollback. Unfortunately they can't rollback the recent events, so they will have to come up with a new, more stable system. They will also need a re-branding, I doubt that any investor will touch projects with this name and history in the next time.

Luzin

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Activity: 1400

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Quote from: d3nz on May 30, 2022, 10:04:49 AM

If the OP is talking about the LUNC then, it will not happen. You will see the big difference between the market supply and market cap which is really huge and I think that getting the price of $0.005 will take 4 - 5 years, others are comparing it to Ethereum Classic which is a huge mistake for holders.

Do Kwon will focus on the new Luna, they will give the new Luna development portion more. Then for LUNC it will probably be left to the market or community. LUNC is a failed project, hoping to return to 1$ just a dream. Lunc has returned to trading on Binance but the price is ruined. The new Luna has also entered, but on Binance it can't be traded yet. Even before entering Binance the price of Luna Baru has already dropped by 60%, perhaps this is due to many sell-offs to recoup losses from Lunc.

d3nz

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Quote from: Cling18 on May 29, 2022, 09:24:57 AM

Quote from: Republikcoin.com on May 28, 2022, 10:37:48 PM

Quote from: Lubcub62 on May 26, 2022, 08:04:12 PM

You are right. Even now, Luna's Binance Trade is not being held again. deposits and withdrawals were again suspended. this happened after Core Developer Terra got approval to burn 1.3 billion UST from its community pool after voting.

There is no new, bigger hope for LUNA because with what happened to LUNA during the dump, it has made things worse for LUNA and investors and traders are very sorry for having bought LUNA in the past before the dump occurred. And now the development team is starting to work on making improvements so that there is new hope for LUNA, this is something that will be very difficult for LUNA to get.

LUNA has ruined the lives of lots of its investors so I don't think it could regain their trust again or even attract more investors because of what happened. It already has a bad reputation and it will only be a big risk to invest in it again since it couldn't stand firm as a coin. I don't think it could recover again or even reach $1. Its damage to investors affects its trust rate negatively.

If the OP is talking about the LUNC then, it will not happen. You will see the big difference between the market supply and market cap which is really huge and I think that getting the price of $0.005 will take 4 - 5 years, others are comparing it to Ethereum Classic which is a huge mistake for holders.

uelque

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Quote from: Pejoh Asu on May 30, 2022, 02:02:04 AM

Many are pessimistic about Luna's future, but a few days ago I speculated with an investment of about $ 150 Luna, currently it lost about 30% but I was still optimistic that in the current year Luna soon entered the 100th place, it might be difficult to make Luna triumphed like before But I'm optimistic that I will rise after 6 months.

I doubt it. I have not seen any coin that recovers after a huge fall so I really doubt people that keeps on saying that luna can still recover. What is going to happen most likely is that it will stay on where it is now and stable on that price or it will completely die. The developers and the team behind will never bring back the value of Luna no matter how hard they try. So you guys are just wasting your money investing in it. It is much better that you guys just find another good coin rather than putting your hopes in Luna. There is no hope left in Luna and you just have to accept it.

Pejoh Asu

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Many are pessimistic about Luna's future, but a few days ago I speculated with an investment of about $ 150 Luna, currently it lost about 30% but I was still optimistic that in the current year Luna soon entered the 100th place, it might be difficult to make Luna triumphed like before But I'm optimistic that I will rise after 6 months.

Roman_Picisan

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Quote from: Cling18 on May 29, 2022, 09:24:57 AM

Quote from: Republikcoin.com on May 28, 2022, 10:37:48 PM

Quote from: Lubcub62 on May 26, 2022, 08:04:12 PM

You are right. Even now, Luna's Binance Trade is not being held again. deposits and withdrawals were again suspended. this happened after Core Developer Terra got approval to burn 1.3 billion UST from its community pool after voting.

There is no new, bigger hope for LUNA because with what happened to LUNA during the dump, it has made things worse for LUNA and investors and traders are very sorry for having bought LUNA in the past before the dump occurred. And now the development team is starting to work on making improvements so that there is new hope for LUNA, this is something that will be very difficult for LUNA to get.

LUNA has ruined the lives of lots of its investors so I don't think it could regain their trust again or even attract more investors because of what happened. It already has a bad reputation and it will only be a big risk to invest in it again since it couldn't stand firm as a coin. I don't think it could recover again or even reach $1. Its damage to investors affects its trust rate negatively.

the failure of the rise of Luna at the launch of luna 2.0 which caused the price to not survive and immediately drop, the contents of the Luna myth are like a dim moon that needs a full moon to rise. lol

kotajikikox

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If this is going to happen then i should say that we need to be more focus in buying it back? but look the trading movement of terra luna now, it seems that people dont wanna waste their time and money believing here and just go out and find something worth and not to this scam project(scam says by many people now)

But I bought a Hundred Bucks for Luna because it is not that big to spend and risk so lets see what will happen soon,

Quote from: Republikcoin.com on May 28, 2022, 10:37:48 PM

Quote from: Lubcub62 on May 26, 2022, 08:04:12 PM

You are right. Even now, Luna's Binance Trade is not being held again. deposits and withdrawals were again suspended. this happened after Core Developer Terra got approval to burn 1.3 billion UST from its community pool after voting.

There is no new, bigger hope for LUNA because with what happened to LUNA during the dump, it has made things worse for LUNA and investors and traders are very sorry for having bought LUNA in the past before the dump occurred. And now the development team is starting to work on making improvements so that there is new hope for LUNA, this is something that will be very difficult for LUNA to get.

you can only have HOPE now mate, because LUNA is a scam project that tend to fool people and yes they successfully made it there to the maximum gains.

poodle63

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Leading Crypto Sports Betting & Casino Platform

Quote from: Republikcoin.com on May 28, 2022, 10:37:48 PM

Quote from: Lubcub62 on May 26, 2022, 08:04:12 PM

You are right. Even now, Luna's Binance Trade is not being held again. deposits and withdrawals were again suspended. this happened after Core Developer Terra got approval to burn 1.3 billion UST from its community pool after voting.

There is no new, bigger hope for LUNA because with what happened to LUNA during the dump, it has made things worse for LUNA and investors and traders are very sorry for having bought LUNA in the past before the dump occurred. And now the development team is starting to work on making improvements so that there is new hope for LUNA, this is something that will be very difficult for LUNA to get.

the so called improvement that is basically just forking the luna classic doesn't seem to be taking that much effort and the result was also like a futile attempt.
lets be real, this new luna could be losing its value like literally suddenly since it's fluctuating a lot, the classic luna is also having its value fall into oblivion.
In the future both of the coins could be as useless because fork isn't gonna do that much in term of recovery I assume.

Topic: could TERRA LUNA classic ($LUNC) go back to $1 dollar? (Read 1118 times)