Topic: Luna 2.0 keeps falling - page 7. (Read 869 times)
This is almost the end for the Luna project as the price still keeps falling. We don't know what will happen to this, and just seeing the price is down. I think the investors don't like this and will leave the project as soon as possible and will never join the Luna project. Many other projects can give them a big return, so why are they still staying on Luna. People are already losing their trust after losing the power to stay at the previous price. So we only watch how this project can survive, which I doubt.
In my own opinion, I think Do Kwon has purposely wanna make Luna 2.0 so that he has additional funds to pay for his impending taxes and other legal issues that he is facing right now. Now that LUNA’s future is so uncertain after this update, expect that it keeps going down and may treat it as the new Shiba Inu later on.
I even wonder that anyone still sees this altcoin as having value anymore, after all fork of a disappointment will results in a disappointment, same case with the luna v2 it's just the same thing instead they are going with the rebranding getting away from their responsibility of recovering the value of the luna classic.
in the future this altcoin gonna go down so bad since currently they are still heavily influenced by the new event that is the forking and the vested distribution, after that finally come to an end, the value gonna be going down so hard.
in the future this altcoin gonna go down so bad since currently they are still heavily influenced by the new event that is the forking and the vested distribution, after that finally come to an end, the value gonna be going down so hard.
No doubt. people already lost their trust to this project, they were only selling their tokens to the market. they have no faith anymore with this project. the price may decline even deeper from time to the time. I do believe this is another luna 2.0.
The first luna already gone to the bottom and it seems like this fork coin will be following the lunc token.
It's just the matter until so many FUD will come caused by the dump that happened with luna. This token gives only short term confidence to the investors.
The first luna already gone to the bottom and it seems like this fork coin will be following the lunc token.
It's just the matter until so many FUD will come caused by the dump that happened with luna. This token gives only short term confidence to the investors.
Luna 2.0 token loses 56% since last week whistleblower accouses terraform labs of owning shadow wallets .
The Luna pride fork is a joke really. I don't think anyone with half a brain would expect anything to happen here. People who you see buying this are likely delusional and just trying to cash in on the many people that they think will be dumb enough to buy it. It's sad!!! Oddly enough, many crypto users are expecting the new Luna to get back on track, but how does that happen?
People are losing a lot again in LUNA 2.0. It was $ 19 at the time of the first list but it is constantly decreasing. And it's down to $3 now. It's playing with people's emotions. And it just Continuously fucking people hard earned money. I don't know if it will ever recover. But it is too hard to recover previous position
The chances of surviving on the longer term for luna 2.0 is 1000 to 1% chance, very slim if you ask me, this isn't a project you should invest money on right now unless the price tanked once again, many are already dreaming for 100$ per Luna 2.0 just like before but I believe it's never going to happen again.
That is true, the chance that Luna will survive is slim, the coin is like mimicking the old Luna, the coins are very volatile and this is bear market, which means it is volatile for people that bought it to lose. When I posted this yesterday, Luna has also gone done more. The coin is decreasing in value everyday. It is not a worthy coin to buy. The only time that someone can invest what he can afford to lose is when the market is bullish again, maybe the price will increase by that time.
It seems that Investors will not buy this coin again, even sometimes they think this is a scammer's project, so seeing and hearing this news from investors, I have more and more doubts about Luna.
There is no strengthening in the luna coin, the base price is affected by the existence of bitcoin, they are very dependent on the reaction caused by bitcoin, there is no big hope in the future, that the luna coin will return to the green pepper, rather than hunting for luna coins, it is better to look for altcoins another more potential, because even if bitcoin has increased, it is not necessarily luna will return to the normal path, many things that make this coin will not grow again
my decision not to buy terra luna 2 turned out to be right. because I myself saw the news when Do Kwon launched Terra Luna 2 it turned out that he and the Terra team were being summoned by a court of law in South Korea. so I see a very big risk. and it turned out to be true.
The panic of the sellers is still visible since Do Kwon's Twitter account has been locked to the public.
The panic of the sellers is still visible since Do Kwon's Twitter account has been locked to the public.
Did people actually even expect anything here? A serious question. Honestly, the only people I see that would actually buy this would be people who expect themselves to be the ones to profit off of the late investors, kind of like a small-scale event of what happened to the original Luna. Kinda bizarre really how people still didn't seem to learn that this coin is dead, and any fork that comes out of it. I honestly think this Luna fiasco is what normal people see (and expect) when they hear of crypto, a big sham.
The chances of surviving on the longer term for luna 2.0 is 1000 to 1% chance, very slim if you ask me, this isn't a project you should invest money on right now unless the price tanked once again, many are already dreaming for 100$ per Luna 2.0 just like before but I believe it's never going to happen again.
Can you see Luna 2.0, the price was above $19 when the coin was forked from Lunc, it decreased to around $3.4 when bitcoin was below $30000, bitcoin increased to around $32400 and Luna increased to $12. Bitcoin at $31000 now but Luna at $3.9. if bitcoin decreased to like $27000, this will significantly affect Luna price. This coin is not worth holding during this time until if bear market has ended. If you buy this coin, know that you are gambling.
Simply no one trusts them anymore and this scenario is almost the same when they first experience the massive dump. I Luna hype is over and they will need more time to gain again the trust of traders and investors to buy the Luna 2.0. I don't actually expect that they will recover easily after the airdrop because those whales that got back again their extra token will surely exit immediately once the new fork token is listed which really happened on the first week of luna v2 listing.
Don't buy this coin unless there's a clear sign that the team has already gained the trust of investors. This token is a death trap!
when LUNA 1.0 fails, then I don't think anyone will push LUNA 2.0 any further than the CEO himself. however, heavy losses were caused by LUNA 1.0 a while ago, and it really made people's confidence fade. it will not attract anyone else to invest in LUNA 2.0 other than to return their profits and sell as quickly as possible. Well, maybe this is just an analogy that I made, but personally, I will also do the same thing, which is to try to recover as much of my assets as possible, and look for other more trusted investment places.
I am not surprised when Luna falls and does not have a good price, even after the fork, the big investors have already left the project and will not return to them.
They are very sad about Luna's loss and will not support the project anymore.
But I am not sure how long this will happen to Luna because if the developer can work hard and try to convince the investors and ask them to back to the project, the project can raise and get a good price.
I think the developer should give more proof to the investors and public about what they did and how they can survive in the hardest situations so the investors and public can know if the project can survive.
They are very sad about Luna's loss and will not support the project anymore.
But I am not sure how long this will happen to Luna because if the developer can work hard and try to convince the investors and ask them to back to the project, the project can raise and get a good price.
I think the developer should give more proof to the investors and public about what they did and how they can survive in the hardest situations so the investors and public can know if the project can survive.
We have not yet seen more tokens being unlocked after the vesting period will end. This may contribute a lot to the next dump that will be happening with luna. It's very hard to face the reality if the future of new luna will be the same like old luna. So far UST holders have become biggest losers in luna's case. They need to find something to be used to get out from the market. They are dumping their luna to make sure they will able to recover some amounts of money to their pocket.
It's so easy to say if luna will be dead for the second time soon.
I think locking out Do Kwon twitter profile is also a bad move for Luna. Im not sure why the founder doing unncessary things to make it worse for his project. Of course people wanted an update on progress of Luna and doing this might cause negative feedback on them. They should be transparent as possible for now to gain the trust again of the community and I think what he did is make it worse than good.
The market is indeed very volatile, and this is not only the case with Luna 2.0. Almost all coins/tokens were corrected when BTC fell. So, in my opinion, although Luna may not increase over the next week or two, it could probably increase over the next month or two as long as the speculators on the exchanges aren't freaks who are always trying to make money shorting these coins as they go. decreases over time, and makes up for the shortfall as its value increases.
Of course, it does, imagine it managed to switch from version 1 to 2.0 in just a matter of a few months? The investors are being fooled here and I pity them as much as they lose their investment in this kind of scam. They really need to get their money back and for those who suddenly lose their money in a span of a week, they need to sue the CEO and do the necessary things to get back their money or just move on with things that will benefit them in the future and stay away with these kinds of frauds.
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