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Topic: could TERRA LUNA classic ($LUNC) go back to $1 dollar? - page 7. (Read 1024 times)

legendary
Activity: 2982
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
It will never go to the $1. I just remind you that if this token has no chance again to go to the big rate like that. The fact that the supply was more than 6 trillions and with 1 dollar value and the marketcap will be even doubled compared with the biggest company in the world like apple. This is a non sense thing to see a company with garbage product can surpass apple just used FOMO. That thing will never come true
sr. member
Activity: 2310
Merit: 355
The HYPE is on, now they are trying to pump LUNA so those who are trap can still have the chance to sell their holdings. Be greedy when others are fearful, this is the quote circulating on social media, it looks like everyone jumps in when they saw 1500% pump today, this is risky and you should be ready for whatever the result is. Many already lose money with LUNA, just use your extra money and invest at least a small amount of money. If LUNA can hit $1, most probably it will rise higher but of course this will take more time.
full member
Activity: 2086
Merit: 193
Not going to happen due to increased supply and latest agreements between CZ- Luna CEO. In the best case, price can double at this point but it will go down more, in my opinion. Don't jump on Hype and use stop loss always.
What’s the current deal between CZ?
LUNA can burn their supply, and that could be a game change especially if they are going to burn more supplies since right now minting is not possible. There’s a lot of new investors because of the current HYPE, we can’t really know what’s next for LUNA and since the team promise to stay, $1 can still happen in the right time and many will surely be happy to see that price again with LUNA. High risk, High reward better to know your side now.
hero member
Activity: 1974
Merit: 856
It will never go up to $1. There are too many tokens now in circulation. For the past days we saw an exponential downward spiral where more and more LUNA were minted in a desperate attempt to maintain the peg for UST. Unfortunately there are too many UST still outstanding and LUNA's marketcap is already way too small to stay a reserve currency for all those UST. I would stay away from LUNA, whatever they try to save it, it won't be to the benefit of the current UST or LUNA holders.
legendary
Activity: 3248
Merit: 3485
Nec Recisa Recedit
For what I can remember in the history of all cryptocurrencies no one has ever been able to recover from such a collapse.
not only the "fundamentals" are lacking at the technical level, but also at the community level there is a sentiment against "the old value".

let's talk about a rise x10000! basically this is science fiction!
in practice, it has been clearly seen how such a coin can collapse... the exact same situation can occur again in the future!
full member
Activity: 994
Merit: 137
★Bitvest.io★ Play Plinko or Invest!
There are so many questions that I come across about Terra Luna. starting from whether to rise again? will it return to $1 ?

It is highly unlikely. Even if the coin miraculously recovers, it will not be easy to restore its old glory and people will be sceptical. Simply put, this experiment failed miserably. And the future of this cryptocurrency seems bleak.
newbie
Activity: 19
Merit: 1
Terra is off the rails now. No amount of fundamentals or technical analysis can predict the price. People are just gambling, many are aware of this, some aren't
sr. member
Activity: 756
Merit: 394
There are so many questions that I come across about Terra Luna Classic. 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 classic 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.
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