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Topic: Terra Luna Classic pumping - can it last? - page 3. (Read 953 times)

full member
Activity: 854
Merit: 102
September 13, 2022, 02:22:26 PM
#92
How realistic are the chances of it reaching $0.01 or $0.10 and how long will this take? Months or years?
The most realistic question for now is how long will Terra Luna Classic last on the market? If you find this answer, of course you will find the answer how long the price of Terra Luna Classic reaches $0.1 or $0.01. Because what we think about now is not how much Terra Luna Classic costs, but what we think about is whether Terra Luna Classic will be removed from the exchange. Didn't I make a question comparable to yours?
legendary
Activity: 3178
Merit: 1128
September 13, 2022, 02:03:23 PM
#91
lately LUNA classic is on the rise again, it seems that there is good potential for those who have invested here, they benefit from very cheap purchases. Lately, I often find talks about LUNA until some of them say LUNA is really recovering and they have started investing here. even the media say. source: https://www.coindesk.com/markets/2022/09/08/crypto-terra-luna-classic-surges-as-traders-speculate-on-new-supply-burn-rule/
You may believe that it is recovering and the price is looking like it is doing fine, but first of all it is nowhere near its old levels so it is not even a recovery just yet, it is recovering from the lowest points and that is a good thing but that doesn't mean that we are going to end up seeing a lot of highs from luna classic neither.

However, assuming that we would end up with a good recovery here even to a point where it becomes a top 10 coin one day, that doesn't mean that we can still trust it. Remember this was a multi-billion dollar market cap coin and in the end it dropped to a point of cents and that means we could end up wit the same thing again so I do not think that we should trust it right now.
legendary
Activity: 2296
Merit: 1038
Leading Crypto Sports Betting & Casino Platform
September 13, 2022, 02:30:12 AM
#90
I'm not sure it came from new investors' confidence to buy the classic Luna until the price went up today, because I know maybe a lot of people lost a lot of money on the LUNA price that fell a few months ago and it brought down a lot of people, so if I were you maybe I'm not going to enter the crypto market which is currently not fully recovered, so it's just a matter of time and not sure it will hit $0.01 or $0.1 because of course before it hits the old holders will sell it first to get the profit, so consider all inputs from all the communities on this forum so you don't lose money
Investors are currently watching Luna. Since this is a scam project, many people stay away from it. However, what is working behind the current price increase of Luna is their burning mechanism. The developers of Luna Project propose that they will burn at 1.2 percent per transaction. So far this proposal has been approved by various exchanges such as Binance and others. That is why the price is increasing.
Yes, I think that's why there are many investors who are traumatized by the previous incident where many people lost a lot of money on the LUNA project, I think people will be very careful when they enter here, it's just a whale game inside.
legendary
Activity: 1176
Merit: 1056
September 12, 2022, 08:04:04 AM
#89
I'm happy what the team did to continue to pump Luna classic, I'm sure this is the beginning of the next pump, there will be the next pump to make Luna enter the top 10 ranking, based on data they have a large bitcoin stock so it will be easy to make Luna survive and skyrocketed again.
Team is most responsible for setting Luna on the path to destruction. They could have saved their platform from destruction if they had wished.But they are trying now instead of trying then. Not sure how long they will be pumping. At any time Luna market can be dumping.Those who have enough profit can consider holding more.
full member
Activity: 1162
Merit: 106
September 12, 2022, 05:32:43 AM
#88
I'm happy what the team did to continue to pump Luna classic, I'm sure this is the beginning of the next pump, there will be the next pump to make Luna enter the top 10 ranking, based on data they have a large bitcoin stock so it will be easy to make Luna survive and skyrocketed again.
sr. member
Activity: 1358
Merit: 253
September 12, 2022, 04:59:30 AM
#87
Always interesting to follow the development of Luna, 3 coins namely Luna Classic, Luna and Stable Coins have been ranked and even Luncas now ranked 26th, 3 coins pump to billions of dollars, and will be a bet if it doesn't work, I'm sure there will be the next pump, So buy now.
sr. member
Activity: 1792
Merit: 293
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
September 12, 2022, 04:24:00 AM
#86
lately LUNA classic is on the rise again, it seems that there is good potential for those who have invested here, they benefit from very cheap purchases. Lately, I often find talks about LUNA until some of them say LUNA is really recovering and they have started investing here. even the media say. source: https://www.coindesk.com/markets/2022/09/08/crypto-terra-luna-classic-surges-as-traders-speculate-on-new-supply-burn-rule/
full member
Activity: 1092
Merit: 100
September 12, 2022, 04:11:31 AM
#85
nowadays this altcoin has become a coin meme and I don't think there is any reason for long term investment. the price of LUNC is currently in the range of 0.0004 and to reach the price of 0.1 is not an easy matter after what happened to this altcoin before.
my advice if you have made a big enough profit you should sell it and determine the best point to buy again. Currently the price of LUNC is dropping quite dramatically when the price of bitcoin and other major altcoins is rising, and it is likely that the price of LUNC will continue to fall in the next few days.
legendary
Activity: 2492
Merit: 1332
September 11, 2022, 11:58:07 PM
#84

How realistic are the chances of it reaching $0.01 or $0.10 and how long will this take? Months or years?
Judging from its history, LUNA had a bad experience before because it was attacked and the price was destroyed until it was worthless. Talking about price, I think we can only see how LUNA classic can overcome it and get back the trust of investors today. but lately LUNA classic seems to have started to be trusted again but to reach $0.01 or $0.1 still can not be determined the exact time.
I think you may be making a bad reading about what's happening with Luna, no one is really trusting in Luna once again, the ones that are at the time investing in the coin are speculators and nothing more, as soon as there is any indication that the movement that we are witnessing is about to lose any strength they are going to abandon the ship as fast as they got in, and when that happens I expect that we are going to see another crash for Luna.
sr. member
Activity: 630
Merit: 250
September 11, 2022, 02:08:01 PM
#83
The last few days Terra exploded, the transaction volume was more than $ 3.8 billion and made the luncak position ranked 25th, even yesterday was ranked 22, this was a positive and optimistic sign that we could party again with Luna.
Yes, of course we want to party again with Luna, but we are afraid of being cooped up inside while the party is over. You have to understand that so you don't get stuck with a fake party. Don't take the risk, there are lots of good coins out there to invest in.
hero member
Activity: 1316
Merit: 593
September 11, 2022, 10:16:33 AM
#82
I'm not sure it came from new investors' confidence to buy the classic Luna until the price went up today, because I know maybe a lot of people lost a lot of money on the LUNA price that fell a few months ago and it brought down a lot of people, so if I were you maybe I'm not going to enter the crypto market which is currently not fully recovered, so it's just a matter of time and not sure it will hit $0.01 or $0.1 because of course before it hits the old holders will sell it first to get the profit, so consider all inputs from all the communities on this forum so you don't lose money
Investors are currently watching Luna. Since this is a scam project, many people stay away from it. However, what is working behind the current price increase of Luna is their burning mechanism. The developers of Luna Project propose that they will burn at 1.2 percent per transaction. So far this proposal has been approved by various exchanges such as Binance and others. That is why the price is increasing.
legendary
Activity: 2296
Merit: 1038
Leading Crypto Sports Betting & Casino Platform
September 11, 2022, 09:14:03 AM
#81
I'm not sure it came from new investors' confidence to buy the classic Luna until the price went up today, because I know maybe a lot of people lost a lot of money on the LUNA price that fell a few months ago and it brought down a lot of people, so if I were you maybe I'm not going to enter the crypto market which is currently not fully recovered, so it's just a matter of time and not sure it will hit $0.01 or $0.1 because of course before it hits the old holders will sell it first to get the profit, so consider all inputs from all the communities on this forum so you don't lose money
member
Activity: 614
Merit: 25
September 11, 2022, 09:06:43 AM
#80
Hi all,

I have my Terra Luna classic on Binance but have watched a few videos today advising those who have it on Binance should move it onto another exchange as Binance are not agreeing to the 1.2% tax burn like the others are.

I personally think Binance is one of the best exchanges so would rather keep it on there, is there anything wrong with me holding it on Binance?

Might be obvious to some but I don’t understand what is going on to be honest with it all, I am just holding until it reaches a value I am happy with then I will sell.
hero member
Activity: 1064
Merit: 638
September 11, 2022, 07:50:23 AM
#79
Terra continues to pump even though the market is sometimes red, it looks like the developer will continue to pump and they pay dearly for some of the top influencers to convince investors, the influence of influencers is certainly very large on Terra Twitter almost every day entering the trending topic.
Luna team has abandoned it they are working on their new project ( luna 2) and trying to grow its ecosystem. While the old project is being run by the community and they have recently passed a proposal that aims to charge tax on every on-chain activity. The tokens obtained from this tax will be burnt so that the supply can be reduced.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
September 11, 2022, 06:50:36 AM
#78
Terra continues to pump even though the market is sometimes red, it looks like the developer will continue to pump and they pay dearly for some of the top influencers to convince investors, the influence of influencers is certainly very large on Terra Twitter almost every day entering the trending topic.
What a combination of terra developers they have done all the coins are rising simultaneously. Perhaps they are trying to drastically raise the prices of almost all of their coins. Meanwhile, Luna Classic is in a big uptrend even though it is trying to correct a lot. Terra Luna is suddenly trading above $6 from $1.90 few days ago. The USTC is no less in some respects. Each coins pumped as high, ignoring the bear market from their positions. Now it remains to be seen how reliable this pumping event can be.
hero member
Activity: 2744
Merit: 517
★Bitvest.io★ Play Plinko or Invest!
September 11, 2022, 05:45:26 AM
#77
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.
for Luna classic (LUNC) it looks like the pump this time is not a pump by chance. but there is indeed good news in the LUNC community. because as we know that the LUNC coin has been held by the community. so it depends on the community itself. but so far the event burn tax has been approved by many exchanges. if you want to know more you can read the news on CMC. for 0.1 I guess it will take years. because seeing the supply in circulation is so large that it is impossible to implement in the near future.
Well, I hope it has given a chance, and also the Luna community will still be able to trust them otherwise, we expect nothing from this pump but a chance to scam investors. Even though the project will remain supported by the investors, still I have doubts that it will even rally more and yes, that seems impossible to reach that price knowing its total market cap... We only just hope but, of course, we don't expect more from this project.
legendary
Activity: 2268
Merit: 1011
Be A Digital Miner
September 11, 2022, 05:13:30 AM
#76
Terra is supported by a very ambitious team and owners, they don't seem to be letting a long built project die in an instant, and now they're starting to show that they have the money to build a pump and of course I'd prefer to invest in LUNA even if it's for a small amount.
Are you talking about terra 1.0 or terra 2.0?
Check out Do Kwon's latest interview.
https://www.youtube.com/watch?v=YF_MZvD5ao4&t=0s
He talks about the new tera 2.0 project and that his team will be working on it, but what terra 1.0 is is still unclear.

Pumps and dumps are possible, but there are no serious projects left in the terra 1.0 ecosystem.



That's the reason its hard to believe that this pump will be consistent since they already created the terra 2.0 and dev clearly put some good insights about this. But now the classic one is pumping and I'm doubting to buy because what always bothering on my mind that those incident of sudden huge dump may happen and I may get caught again for second time around.
This ecosystem will be dead without a functioning stablecoin. And practice has shown that it is very difficult to make a decentralized stablecoin, and the use of centralized stablecoins entails the risks of blocking these coins. First you need to burn billions of unnecessary coins and attract developers, and this is a long process.

It is considered that the burning is still going on, but the hardest thing is how they can entice developers back into the ecosystem. In this world, anything can be regained but once trust is lost it can never be regained and an ecosystem will never be able to develop without developers.
Personally, I don't believe luna can recover, these rallies are just hyped by sharks to create traps to take profits. Hope everyone does not get too absorbed in this small rally because when it is sublimating, everyone forgets to take precautions, the possibility of a sudden dumping makes people unable to react.
sr. member
Activity: 672
Merit: 265
Blackjack.fun
September 11, 2022, 03:38:20 AM
#75
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.
for Luna classic (LUNC) it looks like the pump this time is not a pump by chance. but there is indeed good news in the LUNC community. because as we know that the LUNC coin has been held by the community. so it depends on the community itself. but so far the event burn tax has been approved by many exchanges. if you want to know more you can read the news on CMC. for 0.1 I guess it will take years. because seeing the supply in circulation is so large that it is impossible to implement in the near future.
sr. member
Activity: 2520
Merit: 329
September 10, 2022, 04:41:20 PM
#74
The last few days Terra exploded, the transaction volume was more than $ 3.8 billion and made the luncak position ranked 25th, even yesterday was ranked 22, this was a positive and optimistic sign that we could party again with Luna.
I am pretty sure it is fake and not real. People do not realize how big 3.8 billion is and they are acting as if this is just a good day for luna, the reality is that in a normal situation that would be record shattering levels of volume, but nobody believes that it is real. You could continue to trust that it is the real thing but in reality we all know that it is not going to be the real thing.

This is why it is much better if we could just end up with something much better such as bitcoin, that is a real volume and it actually does bring in some profit to people if you hold it long enough, the potential is unlimited and it will stay that way for a long time.
member
Activity: 812
Merit: 13
Crypto bookmaker and casino
September 09, 2022, 07:01:59 PM
#73
The thing that allows Terra to survive even Pump is that they have a strong community, if we pay attention to social media, Terra often advertises and has a strong social media community so I'm sure that Pump is still early, there will be many pumps next especially now that it has entered rank 25.
The team want to gain the mind of investors again so they will want to pump it some investors can change there mindset about it to further invest in it. Terra team are on a legal battle right now and they would want to please investors to invest in it by pumping it so that we can take a glance at it again. The terra team wants the price so keep going up which is not a bad attempt to invest in it.
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