Dam Luna got some guts for sure. They are not doing well with the first project and here they come up with idea of LUNA 2.0, I mean how they believe in them so much that people are going to invest into that name? Does anyone really has a good idea what’s going on with their devs.
Exactly they have huge community members, and actually, they still have many investors. And the community and investors still also want to gain a return on their investments, although they have lost much, they still want their money back. So, what else to do? It is a good idea by building their reputation back again and make the new Luna to be accepted in the community at first, spreading hype again, and while progressing their project with good development. I can not ignore that the development and idea of Luna are actually interesting and convincing, however, I am also not sure again whether the coin will survive long term or not, because the previous crash problems will happen again or not.
Yeah, but it will take some time before they can get back their reputation because it has been damage and have even been exposed before as part of a big project that also fell in the past.
So how can they repair that kind of damage? And even if they have huge community, some of them are reluctant and we don't know maybe goes after them in a court of law and sue them?
And with that, I'm not convince that they can enjoy the support in an instant and it could be a different road for them specially that we are in a bear market already, bad timing.