Yeah but the same hype as Solana before. I would not be surprised if the price of luna will be going down again after it will be reaching another peak price again. It's not about how high the price that can be achieved by luna but it's about how strong the project that can make the price to be sustain for the long term. We know luna was a strong coin but this doesn't mean after luna is slowly going up again and it can't decrease again.
We have learned so well from what happened with ADA and SOLANA about how big the hype when the pump happened and then they are going down a lot.
I expect the same movement will be happening with this coin as well
Yes sir exactly SOL show same case as LUNA and we also saw ADA in top 3 that was hyped based and LUNA is also in Hype but i think the business model of the LUNA is impressive as compared to the ADA and SOL. UST is its main reason USDT is not good for long term Holding but UST is more Secure may be this make it possible to Hold possition
Top 3? so it means that it will be just behind Bitcoin and then Ethereum? That's really ambitious if we are going to look at the bigger picture. And as much as we love Terra, I don't think it will have enough push to go and land to the top 3.
There are a lot of solid coins, like BNB or even ADA that is occupying the top 5 spot. So Terra will have to overthrow them. But it's going to be very difficult as they have established their community of investors already.
Sir the reason which i am considering easy for the LUNA is the Total market capital difference between SOL ADA and XRP is too much low and in this week i am oberving the increase in market capital of LUNA is $3B if next week is same for LUNA then Luna will make correction level and then Try to compete USDC and BNB that will take time but in the mode of Hype its possible.