Topic: Luna just became the new Shiba Inu (Read 460 times)

The lose of luna holders from post-attack and preattack is too much for this new Luna to recover. Buying the new Luna simply just giving away your money for the liquidity exit of old Luna investors that want to exit on this shit project. Developer and validators are just supporting this project because Do Kwon paid them to do so and they are already exit there money during the attack since Binance allow deposit and withdrawal during the attack instead of temporary delisting it.

There's no future for this token that decided to fork instead to solve the previous issue. People are just too dumb to still buy the new token despite the project is clearly no future at all due to there previous mistake.

DON'T BUY LUNA! IT'S A SCAM!

I think it's very risky if you want to go back or buy Terra Luna again, because LUNA has sunk very deep where the price has fallen close to 100% and I think it's very difficult for Luna to grow higher in the future, because to build the confidence of investors and crypto users  it's very difficult especially Luna's condition is still slumped at this time.

Coins like LUNA can happen with other coins, this is not the first time so we must always be vigilant, the most important thing to convince investors is that the LUNA team immediately pumps up to the maximum, buy back or keep the price is the next thing to do so slowly dev. and investors will come back and LUNA will be great again.

no one thought that a coin as good as terra luna could have such a bad time, where currently terra luna has sunk from the crypto world even though LUNA 2.0 has just been released, but i think they will not succeed because the trust of investors and other Crypto users has been lost to LUNA, I think at this time Luna's slump is worse than the Shiba Inu which is still valuable to this day.

Since Luna has now been identified as a scam project. So everyone is advised to be aware. Investing here means wasting your liquidity. I don't know of any instance where a scam project has been successful once it has been scammed. The Luna team is still trying to figure out how long they can hold on it. The price of Luna 1.0 has dropped so much that it is even lower than meme token. It is impossible to regain.

That's probably may happen as even those who are riding and playing with this coin will fear risking their money,

the next thing that may happen is completely lose everything and developers will just go by the wind
and embrace the fate of this asset.

It's better to invest if you know the concepts just like how most investors who still holding and riding with
Shiba, they are still enjoying even the value is falling. There are still people who keep shorting this coin.

I think the destruction of luna is more severe than the shiba inu because the decline in LUNA is very deep, which is almost 100% and while some exchanges have removed LUNA from their lists, while the shiba inu currently still has value even though it has fallen and we are still seeing shiba inu in any market including binance, so in my opinion currently shiba inu is better than LUNA.

Whenever a project fails like this they always have a hard time growing up again, investors don't want a second chance from developers, once you screwed things up its over, even the new Luna won't make a difference, it will lose its position in time and the few investors will just keep looking out for advantage.

If anyone have common sense then probably they will sell their LUNA holding just after the fall of UST because team failed so how can we trust with them on their another project? Yes speculation can keep the project alive even without the team for example DOGE but Elon is behind the reason for its alive and in anytime the things will change but who is behind the Luna even if there are whales still the influencers are lacking to keep it like Shiba or Doge

Lol, this is a worse comparison mate, Shiba inu team knows where they are heading not Luna, you shouldn't compare the two projects, I know that Shiba been meme coin is also adding up here that's why you used Shiba as an example but you will be shocked.

Yes, you are right Luna recently had a very terrible accident where the price fell by almost 100%, causing all the holders to suffer huge losses, and currently LUNA has become like a Shiba Inu that has been discarded and left by the developer its, even worse than the shiba inu,

I believe and solemnly think that Shiba has much more stability in concept and project than LUNA, since LUNA died for me, it no longer generates a bit of confidence, I imagine that investors will be so disappointed, upset and will not trust even half a dollar in this project, for me the only project and currency that will never disappoint me will be the BTC, Trusting in an altcoin at the moment is as dangerous as going to the most dangerous country in the world thinking that they will not rob you and take away everything you have and that possibly kill you, that's how I see any altcoin right now.

LUNA is slowly dying and even if there are a bunch of speculators trying to still make some money out of the coin we can see that the volume is slowly subsiding, at some point the volume will be so low that this will scare even those speculators and the price will finally reach the level that LUNA should always have which is zero, I am really sorry for those that invested a massive amount of money on LUNA but I hope they learn their lesson and understand that an altcoin can always make those kind of dumps regardless of how popular it could be.

Shiba is a memecoin but it will never be like Luna, losing 100% of its value in just 4 days, nothing more than a ponzi scheme. If I had to choose between buying Luna or shiba, I would choose shiba, luna is dead and never expected it to come back to life. By the way, what price did OP buy luna on the 14th? and now look at the luna chart how negative are you now. How much has your property depreciated?

Panic went away and now you can say Luna will not die.

For recovery or pumps, you will have to wait for a long time. Because whales were out and they will wait for a long time in order to start their accumulation again. Without whales, LUNA or LUNA Classic can not be pumped.

The game is created and manipulated by whales, not by retail investors or speculators.

I agree that you can call LUNA as LUNA INU if you want but I see it deserves that name.

Altcoins can die easily and another altcoin has terrible death is CLAMS: https://coinmarketcap.com/currencies/clams/. It was a top altcoin in 2017 but now, delisted and no trading volume. I witnessed terrible crashes of CLAMS in 2017 but honestly what happened with LUNA is blowing my mind.

It's not fair to compare Luna with a Shiba Inu!!! There is a big difference from the beginning, Luna was a high-class coin carrying a large and important project, but it was subjected to an unfortunate accident or mismanagement that led to its collapse, while Shiba was nothing more than a trivial meme coin that had no project and no future, now that Luna collapsed, it can be said that There is a comparison in terms of crazy trading only, because of the crash that happened and some people think that Luna can return to $ 1 and get rich, this is an illusion.

Do you mean luna to be a meme token now?
I think it's too fast to conclude, indeed, currently the Luna token is falling, but there is still hope that in the future the Luna token will recover, this is very difficult to predict.

Agreed but people are blindly comparing good token like shiba inu with scam coin like luna which was not comparable. Im still seeing so many dumb people in the market that is still actively investing in the crypto market. They are thinking if this coin can still alive despite the fact a huge dump that already happened with it.
I like how people called this as another inu token that was related to the spam copy cat token. The new fork coin will be coming very soon and i expect another chaos will be coming to the luna again. people have no brain by still buying this scam coin and they will be yelling this was a scam when they will be loosing their money again. How stupid people these days

I think there will be a best time for LUNA, I don't know when, there must be a time to get such great profits and make other people rich, I think so, in the shiba inu I myself am late on the radar, and want to get another chance by turning my face to LUNA, hoping for a lot of profit, good luck. these days, a lot of monitoring information from blockchain sites. id , and many get positive values against LUNA. therefore I am interested even though the price is not what it used to be, at least I will make it a long-term crypto asset in the future.

Yeah, that's really tough for Luna so if there isn't an update from the dev and team, I don't think Luna is going anywhere and will still be down there. But if people still want to invest in Luna, they should be careful because there is no certainty when the price will go up. But I wonder what the devs and team will do after Luna's price crash because they never expected the project to be like this either.

Luna is done, it won't recover, this is a demonstration of a spiralling death of a coin tethered to USDT. They will be the next coin investigated and shut down for clear manipulation and fraud. Anyone playing with Luna is gambling with a get in and get out quick strategy. You don’t actually believe in the longevity or use case of the coin. it can never be compared with Shiba Inu.

Base on the current situation of Luna coin, can not compare with Shiba Inu Coin, because Luna project has failed and many people lost they fund and even commit suicide along the side because of yield life savings amount lost, base on that the trust on luna project is not longer authentic, rather than trade with caution, if your trading or investing on Luna Coin

It's no longer about trading, but investing in LUNA now is just like gambling, but they still dare to buy in the hope that it will return to the price of tens of dollars, I just laughed hearing that. In fact, after LUNA resumed trading, after a few days a lot of FUD was circulating, it actually made LUNA go down again. The info I got The terra team will create a new coin in lieu of LUNA, and LUNA is handed over to the community.

it literally is more bad than shiba inu, in the case of shiba inu it’s reaching another height of valuation because of innovation, it started out from low price and then climbing up, but with luna it just lost its price like a literal shitcoin.
you just never gonna find this kind of thing happening in shiba inu, instead its just gonna happen in luna because its worse than a shitcoin.
at this point you better off investing in shiba inu because guess what it’s just better in every aspects, at least shiba doesn’t scam you to oblivion.

There's no problem with the smartcontract code but the mechanism of algorithmic stable was the main concern in this case. when UST gets burn and more Luna minted from the contract but the worst thing is when more and more USDT burned and the inflation rate to minting luna was so high and this is triggering people to convert their UST into the luna.

I remember at that time so many people are also burning their UST for luna. These people were dumping their luna from the contract to the market as the price is still so high.

When people burn UST and they will be getting $1 worth of luna. This is triggering the massive sell happening with luna.

If I just look at its price and number of tokens in circulation and forget about the previous mistakes, I believe it is not an exaggeration to say that it is no different from the other memecoins in this space. But let's be more honest with ourselves about what we've seen with the way it behaves. It's a damn thing in this space and there are still a lot of people who believe in short-term developments in the last few days in recent days, after reaping the benefits of their one-sided dirty game.
I'm sure there will be hype again regarding the plan to restore Luna and get new people to think about their future, but we probably don't need to care about this anymore because, other than that, there are many more serious and reliable products in this space. I hope those who have seized the opportunity of the last few days have been able to hold onto some other good cryptos like BTC and ETH, so stay out of the crowd's navigation and panic to avoid these large pitfalls in the investment space.

It's ironic to compare a coin that has different projects and concepts, LUNA could collapse instantly as it is today indeed because of developers who underestimated the warnings given by researchers in the cryptocurrency field, mistakes from developers who did not accept and tried to research the technology and security that owned by luna and eventually LUNA became what it is today, different when the developer received directions and tried to fix then LUNA would not die like this.

are you sure you said coin shiba scam i want to ask you is bitcoin a scam? at this time all coins price went down even bitcoin itself also went down, from which angle do you say shiba coin is a scam? please provide detailed sources.

There is big difference between the two. Luna had a very big plan which failed on execution. Shiba is different, because it gained popularity out of influence. Further it got boosted through the development team. Shiba Inu success came out in an unplanned manner and the success is being taken forward. With Luna things were going good, but something at the middle have collapsed Luna along with the entire market. People find Shiba as an opportunity to profit, though it is a memecoin. With Luna considering its ATH people will risk a very minimal amount buying it.

I don't know where you get this idea though, LUNA and SHIBA are different. Luna failed already that's why the price is so cheap right now. It's the failure of the people behind that really cause the down fall of this project. Do you think that investors are going to flock and buy it just because it is cheap? I doubt that they will make the same mistakes here. And I don't think that it will recover soon as well, the damage has been done.

Even myself i was totally shocked seeing its current value in the market, because everyone thought that Luna will still be more valuable in the long run. But let's say Luna is an exception, and majority of the coins in the crypto market are only for temporary gains, and they will be left undervalued the rest of the days. Sad to say, but Luna end up just like Shiba Inu, and until now its still uncertain about its future value. Well, its really good to invest in coins with high utility case, but the problem with majority of the investors, they don't even know what coins are those, so they end up investing in shitcoins or meme coins.

Looking at the current Terra Luna News, it does not help with the current market at all.  The market reacts badly when Kwon give a details on how it will recover Terra Luna.  According to the news, Terral Luna is proposed to be forked leaving the old one as Terra Classic as $LUNC and the new Terra as $LUNA.  With this probably we can see another crash on the current Terra Market.

Looking with Luna coin value right now why not compare with meme coin, actually most worth and profitable meme coin than Shiba Inu because meme coin begin with lower values, but Luna reach 100$ and become top coins market but have drop until lower price and become shit or meme coin right now. But still have many exchange market keep believing for listing this coin although have made thousand investor losing much money. But many exchange market just removing pair withdrawing only but keep exist listed there, Binance still available with BUSD pair trade.

No we cannot compare Luna on a Meme coin especially on Shiba inu because obviously there's a big difference, and indeed i never see Luna makes hypes in the market and collapsed afterwards like what alway happened to shiba and other Meme coin as its very known that they're for hype only.

I think we need to understand the situation of Luna and infact these happen for the first time on luna.. So stop comparing it to meme coin.

Luna has never been delisted by Binance, the trading was paused but it was resumed already there is a huge difference between delisted and paused.  How can Binance delist a token that has a $billion volume?


Indeed, I am not seeing Luna recover its ATH soon, but if it recovers 5% to 10% of its ATH, there will be lots of instant millionaires who bought when its price crashes.


I think the LUNA market had been somehow stabilized with its floor @ $0.002xx.  Many speculative investors are jumping in wishing that the price goes up at least 10 cents.  But the recent statement of the LUNA founder keeps the most of big investors at bay.  This is when Kwon Proposes 1 Billion Terra Tokens [1].  This statement may possibly mean that there will be lots of Luna's recent buyers to lose.

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[1] https://watcher.guru/news/terra-founder-breaks-silence-reveals-how-the-network-could-be-revived

It's true that the LUNA team will definitely give their best to save LUNA's future, but with a lot of losses by the LUNA holders I have a little doubt
that they can save LUNA. Because currently LUNA's reputation is very bad and it is threatened with delisting from several exchanges. But comparing
LUNA with Shiba Inu is a different matter, because Shiba Inu was created only as a copycat of Dogecoin. While LUNA was created with clear functions
and can provide solutions to problems in the crypto world, therefore the demand for LUNA was so high and made it into the top 10.

However, due to changes in the dynamics of the cryptocurrency market, LUNA experienced a drastic decline and a panic sell occurred. Need a miracle
to save LUNA in my opinion, therefore it is possible that LUNA holders have to accept the bad fact that they lost their money. This is the risk of investing
in crypto, because bad things can happen to the coins of our choice. Therefore the importance of diversification when investing, if we experience a loss
on one coin, we can still get profit from other coins.

This shit is dead and nothing left from this token instead of bunch of scalpers and speculators in the market. This is quite different from shiba inu which was increasing from nothing to sometime but this is coming from something to nothing. have you read the whole proposal? if you have been reading it before and i guess if you will never try to buy luna caused by you will never get new luna and your old luna will become worthless. The new proposal intend to create the new token which will be distributed to the holders holders of luna before chainhalt

If it touches it ATH, it will be a miracle come back. Even if it can achieve it, it takes many time, months or 2 years.

The big issue with $LUNA now is how it will survive first. It need to be supported by a sensible revival plan from Terra team. If they can not resolve it, can not burn token, it won't go to any far from today price.

Even more shit might happen because when people lose trust, they will panic sell.

I see that the LUNA team is trying their best for the future of LUNA. And yes of course in the last few days I saw LUNA going to the moon but I think it will be very difficult for LUNA to break the barrier to $1 or $10 because we all know LUNA holders of course are waiting to take profit and I think it will cause quite a sell big .

As crazy as it may sound Shiba Inu is better than Luna, I never thought it would come the day I would say Shiba Inu was better than another coin which should tell you how bad Luna is at the moment, if I am honest Luna seems to be on track to become the next bitconnect and it will eventually disappear, if you want to enter the speculation game then you are free to do so, just remember to use a very small amount of money so in the case you lose it this is not a big deal for you.

Well, good luck to you and to your 1 million tokens but what you did there was too risky. Haven't you heard that binance and a few exchanges are now delisting this coin? And by the time comes that others will follow, there will be no way for you to sell this coin even at a cheaper price.

Other than their price that is now close to each other, I also heard the supply of luna have gotten bigger but I think this wasn't enough to treat luna as a meme coin. Meme coins like shiba inu was already expected to go down low but no one expected that luna will end up this way. Shiba inu is only functional tho and have some chance to increase a little but luna is doomed.

As of today, there are 6531.4B LUNA tokens in circulation. As a consequence, LUNA will never reach ATH again. It even has no chance of becoming $1. LUNA's market capitalization would reach $6.9 trillion if it were to go to $1 again. A marketcap of $690 Billion would be achieved even with a LUNA of $0.01. Luna will survive as long as the hype continues. Of course, Luna is an option if you have a lot of money and don't mind dealing with infinity. Don't be caught in the trap again.

Luna is dead or soon will die, but Shiba Inu is still here with almost $7 billion of marketcap.
Although this coin is just a hype coin for me, I wouldn't compare it to Luna because Luna is like a scam coin, it will not recover anymore.

Shiba is one of the coins that benefited during the bull run hype, now it's correcting as the market is bearish in general, but it's still surviving.

I don't know if Luna can repeat its ATH in increasing her price as high as yesterday because Luna lost the trust of investors and it seems they have forgotten about Luna and left her. But at its current price, Luna can become a meme coin and I'm afraid it will be a coin pump that is carried out by a group of groups. But if you believe Luna can increase the price back to $1, that would be a huge advantage to people who are still hopeful and have already bought Luna in bulk. If you don't have a problem waiting for the price to increase again, you can still hold onto Luna while waiting for the time to come.

Predictions are mostly off when it comes to Bitcoin. Imagine that, only one of those whom you follow had the correct one and it might just be a lucky guess.
About Luna, it's not the new Shiba Inu because it has a project to back it up. But the only problem here is when investors are disgusted about what happened. It may increase again, no doubt, because of it's cheap price but look out for those who are stuck because they will sell anytime and that means another dump. Less purchasers and more waiting to sell just to escape is not a healthy market anymore.

Honestly, I was standing outside watching the play they were doing. It was really dramatic. But what I see in Luna now is that they are trying to save the situation, but let's look at the truth now. We have seen a lot of investors who have lost all their assets and are really stuck. And who is the seller? Who is the buyer? I'm not sure what their V2 plan is going to do, but I personally recommend it to anyone who is contemplating getting involved with it. If you're not involved or have made a little profit in the past few days with this shitcoin, you should be satisfied and not continue to FOMO according to it. As for the next developments, I think it will not escape the financial fraud investigations and soon see the CEO pay the price. I have seen the most unethical person I have seen in the crypto space, and it is a pity for his human life.

Shiba Inu is one of the coins that have trend in the market and have also made so many hodlers millionaires and also sent people back to trenches. The same thing was applicable to Terra Luna. These coins don't just pump, they rise for a reason and fall for a reason. Those who bought Luna as if the. For Long term, have big losses and even got their accounts liquidated while those that waited for this terrible dip, made enough profits from the coin. One thing is to have capitalz and the next thing is Know the coin to bagged.

Oh well, it looks like those who have luckily bought the dip when it was either at 4 or 5 zeros are now happier than ever. I see that someone who bought LUNA for only $4 worth of LUNA now have almost $400. They love to gamble no matter where the future holds for LUNA, so yeah I think that it is now treated like "Shiba Inu".

If I did gambled back then for only a small amount, I could have made big money too. But I choose not to, because I am not a fan of it anyway. I still go for Bitcoin as the best coin for long-term investment, especially doing DCA (dollar-cost averaging).

seeing how Luna's graph moves are indeed very stressful. I'm sure some of Luna's investors are thinking about how Luna will be able to return to her best price. it would take a very long time if that were possible.
some must have come out even though at a loss. and those who still believe can buy again at the most basic price. and right now we can see improvements happening quickly from Luna.
a different case, of course, from what happened to Shiba.

Luna is a good example on why we should not trust new smart contract code even if audited. The algorithmic part was the problem here in my opinion and how it got exploited using a lot of money.

That possibly will come true or not at all, the investor has 2 choices to leave and stay until recovery which I think is impossible to back to the price at $100+. The difference is Shiba's statistic is not too extreme while Luna is more like a jet coaster under a 90° degree angle. So If I have a choice, I will leave it and move to another investment. Even I have lost 100%, at least not soo deep as other people, and now someone is taking advantage of this and got profit at least 200% when but it is under $0.0001.

This tragedy with Luna is proof that you can lose everything in a single night and also you can get a lot if you have the gut to take the risks.
Luna as of now is like a gambling more than trading imo. And it's trying really hard to get back up again. It's kinda amazing seeing all the supply and their marketcap.

A lot of people spent big money to catch dip when luna fell and almost all lost when luna price crashed, including seasoned investors, not just new investors.

Yes, investing in Luna today is like playing the lottery waiting for our luck to come. Luna is nothing more than a shitcoins pump and dump . This is a great lesson for the whole market, not every investment in topcoins will always be safe and profitable.

Luna's situation today is really disappointing to the crypto community. This is why many people are getting discouraged to enter in this market because of project like this. Failing without a warning even if we know the people behind the project. How can they run after them even if their faces are publicized? They can always give the reasoning of bugs or something like that. But at the end of the day, they are the ones benefitting from this but the regular holders are the ones suffering from this catastrophe. Lesson learned, better stick with btc. Even if it goes down, there's very high chance that they can recover.

Shiba entered as a memecoin and now the progress is big in terms of development and partnering. In the last 24 hrs through its self burn process Shiba have burnt 1 billion Shiba tokens which isn't a big value against the fiat value. By the same time a whale titled BlueWhale0073 have bought 110 billion Shiba tokens. So, Luna entered the market as a much expected project and has now turned to be a memecoin.

LUNA already made that gains because investors were lazy to read the whitepaper and they trusted what the developers are claiming and thought an algorithm based stable coins would be the biggest adventure and if anyone invest in them thinking that it would rally, it would be wishful thinking.

Despite saying that, i wont be surprised with the team coming out with a new project and restart the process once again  .

Luna is a new Doge or a new Shiba Inu, basically it is no difference. Both Doge and Shiba Inu are meme coins, people call Luna to be the same as a meme coin because it looks like has no future. But I think it is too early to claim this, Luna team still makes some efforts to rise Luna price again. Achieving $1 is possible if the team can make a good solution. Burning may be one of the ways, but I think it is not enough to bring the price to $1 again. The team must make a bigger effort.

Let's see from 3 types of categories of people about this.
1. Investor: he will buy for the long term and will not occasionally sell in the short term. For whatever reason, investments only fall on Bitcoin.

2. Trader: of course only intends to trade it within a certain timeframe, more specifically short-term trades. Usually, they trade on altcoins. When coupled with investment intentions, for example, the LUNA incident should serve as a lesson.

3. Speculators: who mostly bet on shitcoin expect the price to rise to $1. We often see Shitcoin holders: Dogecoin, Shiba, and now a new type of Shitcoin has emerged called LUNA. Is it suitable to invest in LUNA? possible, if you are ready to bet with all your own finances.

No one is expecting that Luna will end up like this, the reason why those who came to invest huge amount for Luna, also loses huge funds this time. This made us realized that there's no consistency in crypto, its impossible to be profitable all the time. But if we always follow the most basic rule, invest what we can afford to lose, then we will never lose this much.

I don't know if they are still eligible to hold or not, what I'm sure is that many traders, whales or investors also know the risks,
moreover the trust in LUNA has also been lost, if I had to choose, I would prefer SHIBA over LUNA for the long term

But if he had succeeded in making profit everyone would be calling him a wise investor. Now everyone will be blaming him. That is how strange life is. It is sad that Luna is down and those who hold it do not know its final destination yet. Everyone is apprehensive and lost with what is happening right now in the market. Once in life everyone has taken a decision that went the wrong way and no one should behave like they are wiser now.

Just noticed Luna is ranked 33 by CoinMarket Cap now. Not saying it deserves that, but coins ranked around 30 usually respond well to market volatility. Especially coins that have fallen and are trying to get back up.

This is what happened in the last few days are not good for crypto Market. Luna incident broke people's trust and now it's very hard for any country to accept or legalize Crypto. Top 5 coin with best ecosystem suddenly become memecoins and made rich people poor. Shiba Inu is much better than Luna because it's not down like Luna.

You should watch the latest Alexander Lorenzo video where he says he discovered quite a few whales are holding Shiba in their portfolios. Not saying it's a proper investment, but I think it's better than Dogecoin for fast gains. Get in, 100X, get out. That should be the strategy with these meme coins. Now Luna is no meme coin, but it's probably on its way to become the most talked about crypto in history, after Bitcoin and Ethereum.

Shiba inu is scam itself, every bull market new scamcoins are created, scammers create them to steal money from sheeps and then when bear market comes they kill by dumping it to 0, luna was the first, then next bull market they create new ones, it has been like this since 2010. Only scammers win here, suckers that believe in these scams are the ones that suffer the most.

Shiba is the basis of most misfortunes now because they have printed a trillion dollars of this currency and the main purpose is to raise the market capacity to the maximum extent possible in the least possible time.
So we can see the similarity between what is happening with Sheba and with Luna team printing a lot of coins to increase them MarketCap

Although it is very risky to buy LUNA as of this time, there are still a lot of crazy enthusiasts who are "dreaming" to become millionaires by just buying at low prices. Yes we see that LUNA did rebounded for a bit from $0.00009 to $0.0004, and some are very happy of their gains as the LUNA/BUSD pair was being enabled again on Binance.

This might be the new hot "memecoin" in the making, but still I won't be buying even at least $10 worth of it. With an almost 7 billion worth of supply, I don't think it's possible anymore for us to see LUNA pumping even further to at least $0.01.

Hopefully this incident has thought some investors to be more caution with crypto investment and understand the importance of "invest what you can loss". i see so many people complaining about how they have invested all their life savings, i think that's a pretty irrational and careless behavior on the part of this investors. We should all learn a lesson from this. people should know how to manage risk.
The luna circulation is too huge to expect a $1 price, i doubt this will happen except the team are willing to buy back and burn to reduce luna in circulation.

https://bscscan.com/token/0x156ab3346823b651294766e23e6cf87254d68962?a=0xdd1e16e9b7dd8f047b982c771a30b526c35e1bf0

see this transaction in just a day can get $ 60k busd with a capital of $ 100 .
clearly this is not my wallet, i only got this from one of the groups i follow.
I hope Luna can hit $1 in the near future considering how quickly they collapsed.

IMHO, I guess the Terra Luna is in a very tough and complicated situation now, because of the recent event that test the capacity of Terra Luna as a platform. Anyway the Terra Luna team is planning to fork Luna before the attack, but it has gotten mixed reactions in the crypto community even CZ of Binance has tweeted against it, so what was next for Terra Luna? thats a million-dollar question that needs to be answered so for now let us wait and see and it might be better to avoid LUNA until the situation is unstable. 

I can't see any gambling on here. I can only see money thrown away or a desperate attempt to speculate on an altcoin that has literally been stopped at the blockchain level.
In practice its value and its use can only tend towards 0 to become more and more negligible.
regaining the $ 1 PEG is just as science fiction, we have just witnessed the death of a "stable coin"

Some said its the new Doge because of its huge supply, many speculating they can achieved $1 in no time but this will not happen until no burning of supply happens, this is the ultimate weapon for tera to recover stop minting, repeg ust and so that they can burn more luna coins on circulation, if this happens luna price have the possibility to recover at least a dollar. 

The supply has been stopped now. Possibly this will be a hugh pump and dump now. I believe this is due to some traders believing on some hype.

Luna has been considered dead and got delisted by some exchange such as Binance. However Cz resume the trading, most likely they are done keeping bags now and waitimg for a huge come back.

that's better rather than seeing your money gone to the zero. To be honest scalpers are making bunch of profit while the old holders of luna was crying so hard. this caused by when you are seeing the total circulation and talking about 10 cents just like when you are beliving this blockchain worth even more than ethereum or major companies in the world which did not even make sense for me.

That's why its never be a good choice to invest while the fear still happening on some project and guess there are many people who's continuously getting wreck for thinking that they are buying at the dip. Lets just hope that everyone can get over with this challenges they experiences and learn something huge lesson for believing on what they think a good project.

there is a college student who lost a lot because he bought LUNA...

I joined a Facebook group and then the guy shared about his huge loss, he stupidly used his college money to buy LUNA. in the LUNA telegram community, many have suggested buying LUNA at the current price but I don't believe it's a wise call because the price of LUNA has been badly destroyed. investing in LUNA today is really a big risk, don't give your money to irresponsible developers like LUNA developers.

It's irrelevant who made the prediction, because all of those idiots are just guessing along with the rest of us.

"Nobody knows" is true of any coin's future price, so there's no point to even writing that but do you or anyone else really think a coin that's supposed to be pegged to a fiat currency is ever, ever going to be worth 10x what it's supposed to be pegged at (i.e., $10)?  We can rule that out pretty quickly, especially given the fact that Luna has already been closer to $0.10 recently and thus has people fleeing as if there were a bomb strapped to Do Kwon's suicide vest as he's approaching and bragging about how everything is just fine and everybody else is stupid.

Exactly and people should not only focus on terms of the prices of cryptocurrency or they are just here because of money like an investment. They must first appreciate the real use of cryptocurrency, like how it works or the real use of it in our daily lives.

Speaking of Luna and UST, I was really surprised about it, I didn't expect it will go that low, -100%, gross. It seems it is impossible for Luna to reach it even $1, the supply is extremely high, as time goes by it will be abandoned or forked, depending on the decision of the team.

By the way, I was one of those Hodlrs that got burned... I sold at $36 though, but still lost a lot. Do I expect to get my money back ? No, because that's the risk you take in crypto. Overall the entire crypto space has crashed, but I'm still in profit.

It's not a scam token if it's making people money dude. The minute it went to zero, the old LUNA project perished... along with UST. This new token is an entirely different thing, no longer promising DeFi or 20% returns on Anchor... this token is all about survival. Things aren't looking good for Terra Luna right now, but there's always a chance it will go back up to something like 10 cents or something like that. If that happens... that means tremendous gains for many of us... hardly a scam.

Beware on buying and holding $Luna tokens at this moment. There's a plan to reverse the blockchain before the attack occur and obviously this move will save only the Luna holders that holding there tokens before the tokens and the rest of the community that bought Luna during crash will be out of the picture since it will burned. This is how selfish the Luna devs and themajority of the token holders supports this to save there own asses. I suggest everyone to stop giving liquidity to this scam coin because the current Luna tokens is useless.

Read and educate ypurself before buying coins in exchange especially like Luna. Read more updates on there twitter and browse the comment section.

It is definitely true that the whole crypto space is based around speculation and hype to a very large degree and sometimes very important factors of a project like use-case, the team, the roadmap and so on are not that important in terms of popularity as they should be in my opinion. I mean if use-cases and functionality would be the most important factor then meme-coins (or shit-coins) would not even exist or would be dead within a day or two again but with Dogecoin and Shiba-Inu we have two shit-coins that are even in the top 20 of all crypto projects.
Regarding Terra (Luna): The investment into Terra is now very very speculative because no one knows if this project completely dies or recovers again. If it recovers i think a very high profit is possible. Maybe i will invest a few bucks into Terra too.

I think it is too early for this kind of conclusion because Luna as of now doesn't have clarity on its future so whoever is buying it now is more or less gambling.

Shiba Inu has a known total supply and circulating supply, the comparison is uncalled for at this moment especially when a lot of people are still licking their wounds from the Luna crash.

I know it sounds crazy but hear me out. Crypto is mostly about speculation, lets be honest. Of the 30 or so predictions I heard on YouTube and Twitter about "how high" could Bitcoin go in this bull run ( the 2021 / 2022 bull run ) only ONE got it right ( I won't tell you which one, but I'm sure many of you can guess who ) Most others were way, waaaaaaay off !
So regarding LUNA, and given its past history ( prior to the collapse ) and notoriety I think we're looking at the new Shiba Inu. Why so ? Well basically I don't see how the price can get much lower. One day ago in fact, the price was pretty close to the price of Shiba Inu. But forget the price. LUNA is now the most speculative play in crypto. Could it go to 10 cents ? how about a dollar ? Ten dollars ? Nobody knows. In the short term most likely will go to 0.0000010  but longer term anything could happen. And by the way, was there a single Influencer who saw this coming ? NOT ONE ! So if Shiba Inu made 100X or whatever, I think LUNA can match or even set a new record. It's no longer about the failure of UST or the lack of foresight of the founders, it's all about speculating that LUNA could one day become a good ( not great ) project again. Now let me go check my LUNA balance... Just bought 1 million tokens