terra luna is still not masive pump, especially to recover prices, although yesterday's pump was quite high.
Luna from the price of 0.5 dollars when the price dip yesterday was at the price of 1.2 dollars, aka an increase of more than 100 percent.
while USTC from the price of 0.011 the lowest price yesterday was above 0.06 dollars, meaning an increase of 500%, or so 6x from its lowest price.
But how long it will sustain is the question? We cannot go with a project just by looking at it's value pump but we need to check if it can sustain on the same numbers and these coins may have 10x increase but the very next moment they can go zero. I am wondering why people are still believing in these coins when there are lot of potential coins out in the market.
If a project can go bankrupt once then it can happen again and at the moment there are no legitimate owner of this coin and we should be blaming ourselves of we lose money in it.
that increase shouldn't be even mentioned in the first place, when an altcoin went bankrupt, the price tanks to the point of hitting all time low where its only 1% of its all time high, its safe to assume that such increase like 500% increase that was mentioned is nothing but a fad, it will eventually pass, the increase in value also not meaningful im sure its not gonna be sustainable as well. because its just artificial pump and dump in the first place, the whale also needs to liquidate their luna that they gained from pumping earlier, its not like the pump will always lasts until it hits all time high eventually it will have an end and with luna im pretty sure hitting 500% increase is already its peak performance. anyone with logic would refrain from investing in these coin because these are just shitcoins, even more so with luna where even the founder are facing lawsuit and more likely to be at fault.
some random people that think luna gonna be reviving at best I think is just a shill for those that artificially pump luna just for the sake of making an exit liquidity.