I remember people predicting this coin up to $500 before the crash and almost everyone used to say that, this is a very strong project. Hold it for the long term and it will make you rich. Then many people believed in it and invested their hard-earned in buying it.
Then one day its stablecoin ( ust) was depegged and to save that stablecoin the Luna team minted this coin to an astonishing extent. And the price started to look like it is a meme token.
Now its predictions have started again, again it is being shown as a strong project I am afraid people will fall for this deception again.
It’s disappointing that people have such short memories but that's just the way they are, they're in self-denial about what's happening and they want to believe there’s still a chance for them to recover their money or at least to diminish their losses, but I’m sure that sooner or later we’ll see a major collapse of this coin and this time I don’t think there's going to be any way to save it and it will crash so hard that it’ll finally become worthless.Then one day its stablecoin ( ust) was depegged and to save that stablecoin the Luna team minted this coin to an astonishing extent. And the price started to look like it is a meme token.
Now its predictions have started again, again it is being shown as a strong project I am afraid people will fall for this deception again.
that is true. with the arrest warrant being issued, i don't think this LUNC will rise their price in the coming months. much more if Do Kwon will be jailed. better sell while they have value. i don't think waiting for the bullish trend will give you profits on this project. people will regret if they will not do something right away. but in any case, it is their money. they can do whatever they want, right? but don't blame anyone if they will totally lose on this one.
