Topic: Terra Luna Classic pumping - can it last? (Read 1014 times)
Your expectation is quite high if you look at the current market conditions I believe we can not expect such huge movement in the LUNC until and unless BTC also moves. I would suggest leaving it and look any other coins that have potential rather than depend on this coin. You are in profit at the moment you can consider booking some profit or can take out the principal amount rest you can hold because I don't see it has the potential to keep growing but it can pump and dump and that we can not deny.
every coin price that is pumped is very risky for a dump to occur. so I think the pump that happened to LUNC won't last long. but LUNC looks to do a healthy pump. so the possibility of dumping will not take place quickly. even if the LUNC coin will go down then I think the decline will be slow. but now after Do kwon's arrest then I think it's very risky to get into LUNC. better to be safe.
People dind't care anymore with the risk. they keep pumping no matter what happened with it. If you are thinking that's a healthy pump and then it seems you never understand crypto. It's dumping again to the dip again. The fees being burned is so small. People are not interesting anymore to hold this coin. I expect the price will be going to the bottom again. It will happen very soon.
I hope Terra continues to pump and can last until the end of the year, I have a long target with Terra which is to sell when the price reaches at least $1, it seems impossible because there are still 3 zeros behind the comma but when the market is red they can pump of course when the market is rising then faster to recover.
Terra Luna Classic gets support from Binance, of course this makes good news and makes Terra Luna Classic experience a Pump,
but indeed the whales are the ones who control it, we don't know what will happen in the future, but we know how Terra Luna is now.
Yes I'm sure everyone knows, and the choice is yours.
luna classic increase never lasts long, the pump itself is short lived mainly because most holders aren't really trusting luna anymore. moreover they all already know that eventually the whales will make a massive sell off to the luna and these increase are just some kind of illusions. even the supply of luna already reflect the circumstance that it's gonna be in, it will never reach its former value ever again.but indeed the whales are the ones who control it, we don't know what will happen in the future, but we know how Terra Luna is now.
Yes I'm sure everyone knows, and the choice is yours.
It's surprising that binance already supports lunc, but that doesn't mean lunc won't continue to fall apart. Investing in lunc can still make a profit with news like this or will be pumped by sharks but the risk is too high. So if anyone wants to invest in lunch, they should also consider the risks they face. Lunc now is no longer topcoins but just junk coins so it's hard to say anything in advance.
Terra Luna Classic was previously in trouble. I'm afraid this is just part of the whale's strategy to take more money from new people who see the coin with a pretty deep drop.
This is what it is and people who lost money in it the first time but are still putting their money into it now will get hurt a second time. Once a business defaults it is very hard to regain the trust of its customers. And this is how I see Luna now. Today, I read on Twitter where the CEO of Luna, Do Kwon was disclaiming an article that claimed his funds was frozen. It means there is still so much problem in his camp. Anyone trusting that coin now and investing in it will be risking their money.
Your expectation is quite high if you look at the current market conditions I believe we can not expect such huge movement in the LUNC until and unless BTC also moves. I would suggest leaving it and look any other coins that have potential rather than depend on this coin. You are in profit at the moment you can consider booking some profit or can take out the principal amount rest you can hold because I don't see it has the potential to keep growing but it can pump and dump and that we can not deny.
Some investors want to take risks without realizing it. Investors often forget the general idea that Terra will pump but have no reason. There is no change in their supply in the amount they are burning. Because the supply is much higher than Burning. Observation must be done before taking risk or else big disaster can happen.if i remember correctly, the current supply of Lunc is 6,7 trillion tokens, an extremely large supply. it is known that lunc recently received support from binance, the exchange is burning lunc every month, from September 26 to October 4, the number of tokens burned was 5.5 billion lunc.
if this holds up, binance will also take many years to bring the total Lunc supply back to 10 billion and it is unlikely that binance will support the lunc burning until the target is reached, they just said they would stop burning on notice
the risk of investing in lunch is still very high, so you should consider it
Until now, LUNC still survives and pumps for almost 2 months continue to occur, of course not all pumps are carried out by developers, I'm sure many investors also hope that LUNC will skyrocket again, of course there are many reasons and I also hope that LUNC can recover soon even though it is currently facing many problems.
I am fairly new to crypto and in July I took a gamble on terra luna classic when it was 0.00009 and it is now pumping. Can someone explain why this is and what the chances of it lasting are?
I have been following it more closely over the last week as it has began getting more and more attention and apparently a lot is happening over the next few weeks which is driving the price up currently but not sure what it all means?
How realistic are the chances of it reaching $0.01 or $0.10 and how long will this take? Months or years?
I am not selling just yet but this is seeing the best returns I have had in crypto so far so may take out my investment soon and let the profit ride.
I have been following it more closely over the last week as it has began getting more and more attention and apparently a lot is happening over the next few weeks which is driving the price up currently but not sure what it all means?
How realistic are the chances of it reaching $0.01 or $0.10 and how long will this take? Months or years?
I am not selling just yet but this is seeing the best returns I have had in crypto so far so may take out my investment soon and let the profit ride.
LUNA Classic's pump is only attributed to the burning mechanism recently approved by the community. It seems that Binance has been the only exchange who burned most of LUNC's supply, causing a short pump in market prices. But I don't think that will ever lead LUNC towards $0.01 and above because the project already lost investor confidence. The community should re-brand the coin to help bring a fresh image to the masses. Only then, it may be possible to attract huge investors into the project. Not only Terra Classic would be needing investors, but also prominent developers willing to build dApps on its ecosystem. AFAIK, most developers moved from Terra to other chains after the coin went all the way downhill in an instant. Some competing projects offered grants to help attract developers into them. Considering that no progress has been made regarding the development of the Terra Classic project, I'm afraid the cryptocurrency will remain a speculative asset for a long time. At least, we have other coins to choose from. Just my opinion
Your expectation is quite high if you look at the current market conditions I believe we can not expect such huge movement in the LUNC until and unless BTC also moves. I would suggest leaving it and look any other coins that have potential rather than depend on this coin. You are in profit at the moment you can consider booking some profit or can take out the principal amount rest you can hold because I don't see it has the potential to keep growing but it can pump and dump and that we can not deny.
Some investors want to take risks without realizing it. Investors often forget the general idea that Terra will pump but have no reason. There is no change in their supply in the amount they are burning. Because the supply is much higher than Burning. Observation must be done before taking risk or else big disaster can happen.
Yes I Think Terra Luna Pumping and It will pump gradually in future. I strongly Believe That i will cover my capital from here. I have huge loser from Terra Luna. Recently we are following team of Terra Luna are very active. So i think it will do good in future. So i wat to take some risk from Terra Luna. Thankyou.
every coin price that is pumped is very risky for a dump to occur. so I think the pump that happened to LUNC won't last long. but LUNC looks to do a healthy pump. so the possibility of dumping will not take place quickly. even if the LUNC coin will go down then I think the decline will be slow. but now after Do kwon's arrest then I think it's very risky to get into LUNC. better to be safe.
People dind't care anymore with the risk. they keep pumping no matter what happened with it. If you are thinking that's a healthy pump and then it seems you never understand crypto. It's dumping again to the dip again. The fees being burned is so small. People are not interesting anymore to hold this coin. I expect the price will be going to the bottom again. It will happen very soon. some people think about profit with all the risks they don't think about and only think that it will only get big profits from Terra.
sometimes i feel silly a lot of people say Terra will pump, Terra will recover like a joke at night.
but maybe if it will pump after that it will be dumped again like last time
People dind't care anymore with the risk. they keep pumping no matter what happened with it. If you are thinking that's a healthy pump and then it seems you never understand crypto. It's dumping again to the dip again. The fees being burned is so small. People are not interesting anymore to hold this coin. I expect the price will be going to the bottom again. It will happen very soon.
The luna coin will easily be used by whales to profit from pumps and dumps, when binance's support burns the supply of lunc the whales will act triggering a rise in the price of lunc and many traders will assume that lunc will return and that is an opportunity to recover past losses. 
Terra Luna Classic gets support from Binance, of course this makes good news and makes Terra Luna Classic experience a Pump,
but indeed the whales are the ones who control it, we don't know what will happen in the future, but we know how Terra Luna is now.
Yes I'm sure everyone knows, and the choice is yours.
luna classic increase never lasts long, the pump itself is short lived mainly because most holders aren't really trusting luna anymore. moreover they all already know that eventually the whales will make a massive sell off to the luna and these increase are just some kind of illusions. even the supply of luna already reflect the circumstance that it's gonna be in, it will never reach its former value ever again.but indeed the whales are the ones who control it, we don't know what will happen in the future, but we know how Terra Luna is now.
Yes I'm sure everyone knows, and the choice is yours.
Getting Lunc back to the old position of the old Luna is a near-impossible task.
Did you hear about binance announcing support for burning transaction fees for Lunc? I heard the number of burned lunc will update weekly and last until the notice to stop, this seems to be Binance's attempt to save Lunc. That is the main reason for Lunc's recent strong growth, not any pumping by the whales here.
While this is good news for the launcher as well as anyone holding a Launcher, we don't know how long binance will support it. Once they announce end of support will be extremely bad news for Lunc, so still have to be careful with Lunc.
Terra Luna Classic gets support from Binance, of course this makes good news and makes Terra Luna Classic experience a Pump,
but indeed the whales are the ones who control it, we don't know what will happen in the future, but we know how Terra Luna is now.
Yes I'm sure everyone knows, and the choice is yours.
luna classic increase never lasts long, the pump itself is short lived mainly because most holders aren't really trusting luna anymore. moreover they all already know that eventually the whales will make a massive sell off to the luna and these increase are just some kind of illusions. even the supply of luna already reflect the circumstance that it's gonna be in, it will never reach its former value ever again.but indeed the whales are the ones who control it, we don't know what will happen in the future, but we know how Terra Luna is now.
Yes I'm sure everyone knows, and the choice is yours.
Today LUNC experienced another increase. because in reality there are still many who believe and speculate that the Burn Tax will make LUNC continue to rise even if slowly.
this is very high risk. because news about its founder is bad news. but looking at the LUNC market condition, it's even positive. something is opposite at this point. so we have to be more careful. if you want to force entry. then use the money that is ready if you have to lose a lot. Binance does support the Burn tax which triggers price increases. but still very high risk. because the price movement became so wild.
this is very high risk. because news about its founder is bad news. but looking at the LUNC market condition, it's even positive. something is opposite at this point. so we have to be more careful. if you want to force entry. then use the money that is ready if you have to lose a lot. Binance does support the Burn tax which triggers price increases. but still very high risk. because the price movement became so wild.
Terra Luna Classic gets support from Binance, of course this makes good news and makes Terra Luna Classic experience a Pump,
but indeed the whales are the ones who control it, we don't know what will happen in the future, but we know how Terra Luna is now.
Yes I'm sure everyone knows, and the choice is yours.
luna classic increase never lasts long, the pump itself is short lived mainly because most holders aren't really trusting luna anymore. moreover they all already know that eventually the whales will make a massive sell off to the luna and these increase are just some kind of illusions. even the supply of luna already reflect the circumstance that it's gonna be in, it will never reach its former value ever again. but indeed the whales are the ones who control it, we don't know what will happen in the future, but we know how Terra Luna is now.
Yes I'm sure everyone knows, and the choice is yours.
Hello all - I still hold my 3 million Luna classic but things are not looking good lately.
I took out 25% of my investment at 0.0005 and maybe I should have took more but it was the first time I had experienced a 5x in crypto so wasn’t sure at the time what was best to do.
If we do find another pump to 0.0005 I will take out the rest of my investment at least and probably some profit too as things do not seem to be going the way many had hoped for this project and I am starting to feel I may as well take some profit and put it into better coins.
I took out 25% of my investment at 0.0005 and maybe I should have took more but it was the first time I had experienced a 5x in crypto so wasn’t sure at the time what was best to do.
If we do find another pump to 0.0005 I will take out the rest of my investment at least and probably some profit too as things do not seem to be going the way many had hoped for this project and I am starting to feel I may as well take some profit and put it into better coins.
You could have sold all but well it is your decision, at least you already got your investment back (if you happen to buy before it goes up to 5x) and some profit.
At the current price of Terra Luna Classic, I think it will take some time before it goes back to $0.0005 again that is if there is another group to pump the price.
No one knows for sure how far the chances of the price of Terra Luna Classic can reach $0.01 or $0.10 in the future although in the last few weeks LUNC has increased by 60% but the price has not increased significantly. Therefore, it is better to hold on for the long term because LUNC is trying to implement a burn system so that LUNC has the potential to experience significant price increases again in the future.
With all the scandals and confusion plus the total number of Terra Luna supplies, I don't think it will go up to $0.10 unless the team managing the token pump it hard.
No one knows for sure how far the chances of the price of Terra Luna Classic can reach $0.01 or $0.10 in the future although in the last few weeks LUNC has increased by 60% but the price has not increased significantly. Therefore, it is better to hold on for the long term because LUNC is trying to implement a burn system so that LUNC has the potential to experience significant price increases again in the future.
I'm not too sure this will last long because as we can see there are many rumors circulating that the CEO of the project is being chased by the police so that if the CEO is arrested it will automatically affect the price of Lunc. I can't guarantee that Lunc is very unsafe to invest in long term because if any bad news comes the big whales will throw Lunc and you can learn from what happened in the first beginning.
Terra Luna Classic gets support from Binance, of course this makes good news and makes Terra Luna Classic experience a Pump,
but indeed the whales are the ones who control it, we don't know what will happen in the future, but we know how Terra Luna is now.
Yes I'm sure everyone knows, and the choice is yours.
but indeed the whales are the ones who control it, we don't know what will happen in the future, but we know how Terra Luna is now.
Yes I'm sure everyone knows, and the choice is yours.
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