could TERRA LUNA classic ($LUNC) go back to $1 dollar? - page 5.

arifteguhr

sr. member

Activity: 1246

Merit: 252

Quote from: traderethereum on May 17, 2022, 11:13:27 PM

But we also don't know what will happen to Luna later because it looks like Luna can still survive at the bottom.
If people still want to invest in Luna, let them be and hopefully, they can analyze the risks before acting.

I see that Luna price is still low because there is news from the team about the voting for proposals that have been submitted by the team, they also have a discussion forum to receive the best suggestions for the continued development of the Luna project for the better. So investors and traders have high hopes for a massive recovery, which is likely to be realized if the community supports it.

bitterguy28

full member

Activity: 2002

Merit: 175

★Bitvest.io★ Play Plinko or Invest!

After what happened to LUNA this past days/weeks? maybe this is not an easy task to answer because LUNA have come so High recently then just after a several drops? it fell down this hard?
Lucky that i sold all my Terra Luna in January so I saved my funds and now planning to invest in different altcoins.
sorry for the losers .

traderethereum

hero member

Activity: 2870

Merit: 574

Quote from: BuNga_cute on May 17, 2022, 07:32:16 AM

Quote from: traderethereum on May 17, 2022, 06:56:32 AM

Why are you still curious about Luna after the crash happened to that token?
We do not know if Luna can go back to $1 because this token has lost the investor's trust, although right now, you can see the trade for this token continue.
Maybe people still want to make a big profit from Luna so they buy and sell this token and wait for the time.
You can only hope this time and wait like the others if you want to see Luna return to $1.

In my opinion, it is impossible for LUNA to return to the price of $1, after a very drastic price decline, LUNA will definitely lose the confidence of
investors. So we no longer need to be curious about LUNA's future, it's better if we move on from LUNA and look for other more promising projects.
It's too risky if we decide to buy LUNA right now, even though the price of LUNA is very low, I doubt that LUNA can recover again. So expecting
a big profit from LUNA is like a fantasy. So think carefully if we want to invest in LUNA, do not let us regret in the future.

Yes, it's very difficult for Luna to gain the trust of investors again after what happened with them.
There are many more promising projects and I'm sure we can find some good ones.
But we also don't know what will happen to Luna later because it looks like Luna can still survive at the bottom.
If people still want to invest in Luna, let them be and hopefully, they can analyze the risks before acting.

TimeTeller

hero member

Activity: 2716

Merit: 588

Quote from: bitkanu on May 17, 2022, 07:08:35 PM

Impossible to happen with terra luna. Inflation was so crazy and holders are complaining about this. With the current value of luna and how many billions of money needed to pump it back again tot he $1 rate. The wall become even bigger once you are pumping the price of luna to go up and the developers have no money for this caused by they are bankrupt. Doing the fork was the way for them as this doesn't require billions money to pump luna again

What I am curious about this project is, are luna developers really bankrupt?
Or they are hiding their wealth in other means, like the money they got from selling their bitcoin?
I don't think the devs are the ones who suffered most in this catastrophe, but it should be the holders who didn't know that this is coming to this project.
I don't want to think badly to the Luna team, but I have the feeling that they know this is about to happen, so they already took care of their pockets before this happened.

bitkanu

hero member

Activity: 2184

Merit: 513

Moonbet.io | Web3 Casino

Impossible to happen with terra luna. Inflation was so crazy and holders are complaining about this. With the current value of luna and how many billions of money needed to pump it back again tot he $1 rate. The wall become even bigger once you are pumping the price of luna to go up and the developers have no money for this caused by they are bankrupt. Doing the fork was the way for them as this doesn't require billions money to pump luna again

PrivacyG

hero member

Activity: 784

Merit: 1735

Crypto Swap Exchange

Quote from: bittick on May 17, 2022, 10:21:58 AM

Trillion marketcap for a failed project like this? this is a non sense thing and what in the world of company that already achieved such more than 6 trillions capitalizations?

Not if you take burning into consideration. Keep in mind the price for one LUNA was over $70 at some point and it did not have a trillion dollar Market Cap because the supply was much, much lower. I know burning is probably not what will happen, but this is still a possibility.

-
Regards,
PrivacyG

Bonenx14

sr. member

Activity: 1033

Merit: 250

Leading Crypto Sports Betting & Casino Platform

Quote from: AakZaki on May 17, 2022, 10:30:44 AM

Even earlier I had time to open FB Vitalik is also ready to help. But I don't know if it's just nonsense or true. I think at this time luna is suitable for scalping, Luna's movements are so unstable.

Vitalik involvement is not a bullshit, because he also provides the best solution for luna, you can't compare them with shit influencers to try to manipulate prices, so I think you should be wiser in judging things because they will be helpful for the Luna community.

AakZaki

legendary

Activity: 2310

Merit: 1076

zknodes.org

Quote from: Ararbermas on May 16, 2022, 06:40:54 AM

No one knows the future of LUNA on this situation because obviously it is getting worse up to now, and there's already some rumours that the team of luna has a plan to launch a new token in the market instead of fixing the project itself, where in, because of some reason , so on that case if it's true surely it will become more unpredictable for LUNA if there's still a chance to recover or not.

True, no one knows the future but we can predict from the steps they will take. Actually this is very unreasonable, like a token that is a scam. But from some social media news I read that Luna has sold their bakup assets in BTC. That they use to buy UST to stabilize the price. There are also offers from Polygon, but Luna must log into the Polygon network. Even earlier I had time to open FB Vitalik is also ready to help. But I don't know if it's just nonsense or true. I think at this time luna is suitable for scalping, Luna's movements are so unstable.

bittick

hero member

Activity: 2296

Merit: 506

Cryptocasino.com

Trillion marketcap for a failed project like this? this is a non sense thing and what in the world of company that already achieved such more than 6 trillions capitalizations? that doesn't even make sense to happen. Im sure putting like 0.0005 USDT or even less makes more sense compared when you are mentioning less value than your prediction. something that already dumped so hard like this has no chance to go up again to reach 1 dollar valuation for each coin. You should not be a delusional guy. This is based for yourself.
Think rationally and you know if this will not go back to the 1 dollar again

manok jepang

full member

Activity: 757

Merit: 101

with a very large decline like now I think luna is unlikely to be able to rise back to $ 1, because if a token experiences a deep enough decline then it is very difficult to grow back, because luna takes time and process to be able to make terra luna grow again moreover, the current price is very far from $1, which is $0.00018 for a while I personally avoid tokens like this and prefer tokens that have strong fundamentals such as coins that are in the top 10 CMC.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: Jatiluhung on May 14, 2022, 04:08:16 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.

With 6 trillion coins printed into existence and currently in circulation rn? It def will not go back up to 1 USD. Think about it, 6 trillion USD market cap? Lmao. Just stay away from LUNA, it'd be dumb to buy it in hope of making it big. Do it to scalp a small gain here and there but don't scam yourself into thinking that it'll go pump to 1 USD and you'll make a shitton.

And if anything, this project is dead. If not this year, give it a couple of years. Their community is on a different level of hopium if they think everything will be ok after this.

ringgo96

sr. member

Activity: 1540

Merit: 276

#SWGT PRE-SALE IS LIVE

A very big destruction that has occurred, and terra luna took a long process to be able to get back up, and for the achievement of 1$ is certainly a very high value to achieve because the current price is so low, but if team luna really wants to make a big recovery of the coin then all can happen and in the near future, Because in the crypto world anything can happen and it is difficult for us to predict exactly.

BuNga_cute

full member

Activity: 1736

Merit: 116

Quote from: traderethereum on May 17, 2022, 06:56:32 AM

Why are you still curious about Luna after the crash happened to that token?
We do not know if Luna can go back to $1 because this token has lost the investor's trust, although right now, you can see the trade for this token continue.
Maybe people still want to make a big profit from Luna so they buy and sell this token and wait for the time.
You can only hope this time and wait like the others if you want to see Luna return to $1.

In my opinion, it is impossible for LUNA to return to the price of $1, after a very drastic price decline, LUNA will definitely lose the confidence of
investors. So we no longer need to be curious about LUNA's future, it's better if we move on from LUNA and look for other more promising projects.
It's too risky if we decide to buy LUNA right now, even though the price of LUNA is very low, I doubt that LUNA can recover again. So expecting
a big profit from LUNA is like a fantasy. So think carefully if we want to invest in LUNA, do not let us regret in the future.

traderethereum

hero member

Activity: 2870

Merit: 574

Why are you still curious about Luna after the crash happened to that token?
We do not know if Luna can go back to $1 because this token has lost the investor's trust, although right now, you can see the trade for this token continue.
Maybe people still want to make a big profit from Luna so they buy and sell this token and wait for the time.
You can only hope this time and wait like the others if you want to see Luna return to $1.

jostorres

hero member

Activity: 2464

Merit: 585

Quote from: CaVO32 on May 16, 2022, 03:52:17 PM

Now, lies how sincere is Do Kwon in rebuilding this project. But if in case he will continue to rebuild this, it would take time and no one knows to what extent he will develop these new plans. Remember, he can always say they haven't benefited from this current crash, but in my mind, they already have pocketed a lot of money because of this project. So they are not too worried about themselves not getting any from this current situation of Luna. The holders can just hope for the best because the current price tag in the market is really really discouraging.

It is clear that his plan is not to revive Luna or anything like that. His plan is to keep being rich and that’s it. They already have millions of dollars, and maybe they spent a lot of it to recover but they had tens of millions of dollars at one point, maybe over 100+ at the peak level? So that means, if this chaos cost them that much money, and they have only a few million dollars, that is not good, after paying everything off, they can't just leave and be fine with it, they will hate that, they saw so much money, they can't just accept the current situation.

This is why I believe they are trying to do this just to get rich all over again using their "reputation" which is in shambles right now.

asriloni

legendary

Activity: 3038

Merit: 1024

Leading Crypto Sports Betting & Casino Platform

Is this for real? Luna version 2 will be worthless but you can expect luna v2 to worth at least a few dollars but im not sure about this since the trust from the community already gone. The supply will be going back to the 1 billion again but in this case the trust was the most important thing and so when someone hodl thousands luna during the peak price of old luna and he was being compensated with low amounts of luna and he was facing permanent lose for their investment.
Going back to the $1 is impossible thing for the old luna but not for the new version of luna.

adaseb

legendary

Activity: 3738

Merit: 1708

I don’t think it will ever go back to its previous market cap. After what happened do you think anyone will trust the project anymore? Would you ever use their UST stable coin? Most likely not.

If it does relaunch I think I’ll be pumped at the beginning however I don’t see it ever surviving. The way they handled this entire matter was unprofessional and trust is just lost. Let’s just hope the small holders of UST get made whole at least.

Jatiluhung

sr. member

Activity: 784

Merit: 399

Quote from: wheelz1200 on May 16, 2022, 07:37:46 PM

Quote from: Jatiluhung on May 14, 2022, 04:08:16 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.

Not a chance. They liquidated themselves into a complete mess. Too much coins now for it to ever even sniff anything near $1. People will talk about it for a bit and eventually it will be worth zero. Don't bother

youre right, well a few hours ago it was announced that there will be terra luna version 2. and the current terra luna coin will become $LUNC coin and the new coin will be $LUNA. this signifies there won't be a coin burning attempt like many suggestions have gone into the terra team themselves. because without burning it is impossible to return to $1 with the current supply. but burning also requires a lot of money and seeing as their assets are far from being expected, they are still large and in fact few. then maybe that's also the reason they prefer to make new coins.

wheelz1200

legendary

Activity: 3640

Merit: 1407

Quote from: Jatiluhung on May 14, 2022, 04:08:16 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.

Not a chance. They liquidated themselves into a complete mess. Too much coins now for it to ever even sniff anything near $1. People will talk about it for a bit and eventually it will be worth zero. Don't bother

Oilacris

hero member

Activity: 2996

Merit: 609

Okay lets check out its circulating and total supply.

Circulating Supply
6,532,236,077,580

Total Supply
6,907,376,873,282

Source: https://www.coingecko.com/en/coins/terra-luna

So if we do speak about $1 then how much the total cap?
It would be surpassing Bitcoin.So it does mean its impossible.

Topic: could TERRA LUNA classic ($LUNC) go back to $1 dollar? - page 5. (Read 1024 times)