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What are your thoughts on LUNA? What will happen in the next 24 hours? Will it go to 0 or up?

It's going to take a miracle to safe Luna right now, the chance of going to Zero is very high, I also lost some money to Luna but I made sure its what I was ready to lose anyway, this will serve as a warning to everyone that chooses altcoins before Bitcoin, there is no better coin than Bitcoin, period.

I bet money on Luna while many are panic selling.  It is a gamble yes but if the investment is a success and Luna recovers at least 25% of its ATH, it is a huge profit for me.

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Devs are doing their best so I  think it is early to say that LUNA will be going to zero.  There is always hope as long as the developer do not give up on the project.  We don't know what will be the next market trend of LUNA in the next 24 hours but I am sure the project owner are creating contingency plans to solve the current issue of LUNA.

It is already panic selling because I see the price jump drastically to the lowest price and seems it is hard to rise higher and get to the higher price. But if miracles are coming to that coin, the price will rise again. Otherwise, the price will go to another lowest price and even, the coin can get delisted from all exchanges. It is a critical moment for that Luna and we don't know if that Luna can survive and pass this test. I can't imagine how big the investor lost before when the price is jump down.

It will not go to 0 because as long as it has buyers, it will not go to 0 but I don't think in the short term it will go up.
TBH, with what happened to LUNA and with what is happening right no with the market we might see LUNA under a penny.

If the developers will not make a solution to what is happening right now to them and if they will not fix the problem regarding UST then they will be in an absolute disaster (even though they are right now already). If you want to make a huge risk, you can trade LUNA short term on exchanges where it is listed now but don't hold it mid to long term. Good thing I didn't buy this one because I'm also eyeing on this coin for quite some time.

The problem with LUNA is that it prints more algorithmically to try to prop up UST, which is a futile exercise at this point. So the supply has grown from 300M to 1.5B and may continue to grow without limit, and without a cap, until the price is zero.

https://messari.io/asset/terra/chart/sply-circ

Anyone putting money into the token is making a bet that the developer will do some kind of emergency decoupling of LUNA and UST with a software patch. That might occur but, at that point, what's the point of LUNA? It becomes just another shit coin and one with a profoundly huge supply meaning sub-penny status forever. Outlook is not good and any investments right now in it should be viewed as you providing immediate liquidity to UST holders. Probably not a role you'd want to play - you're not speculating, you're trying to bail out UST which will bankrupt anyone who tries since the sell side on UST is unlimited as long as it stays below a buck.

this will be going to the 0 value. You must also see how dip the price right now. There's no hope for this token, im sure that if people are also aware about this troo. Even when there was an announcement for the UST burn and this doesn't give any impact to the price of luna. It was still dropping so hard to the bottom. I suggest you to take a look at the chart of terra luna right now. This is the worst token after bitconnect

LUNA is impossible to be zero, we can only see that it is minus 99.99% that is the maximum of the existing decline, spot trading cannot be more minus than that unless LUNA is completely out of circulation. I see luna like Soft rug, only a small chance of recovery, one way might be to migrate but it may not be possible to get the trust of the community back.

as long as luna is still being printed continuously, the price will fall to the bottom. maybe the price will actually be lower than the Shiba inu. luna and UST are diseases in the crypto market this time. these two coins had a huge influence in the market crash. this project is dead, there is no more hope for luna.

I did the same I got in with $20 at 3 cents and will add more if it further drops many are giving up to Luna but why not take a chance the next 24 hours are crucial if they go to zero I'm ok with my losses I tried to send my Luna to my Exodus, even Exodus is having issues with trading this is one situation that hurts the market all coins are in red I hate looking on my portfolio right now.

As for me, i dont see any real use in Luna even when thier token was at all time high. I never touched or traded Luna. And im not really surprised seeing it go down. Moreover, more exchanges are delisting luna. So it should probably goto and unexpected all time low.

This is my 4th bull market and soon to be my 4th bear market, so I have been vaccinated a long time ago against scam projects like this one. I never touched it myself too, solana is another scam too, 99% of pos projects are all scam.

LUNA is pretty much dying right now and all the holders that are still holding on to it will lose their money.
Since it has already lost more than 99% of it's value it is very hard for it to recover the price.
Only a miracle can save it right now. Tough time for LUNA holders.

TERRA (LUNA)
Every day this DOWN is getting more and more due to the massive sale of the LUNA coin and the loss of investor trust in LUNA. and to this day LUNA coin is like shitcoin RUGPULL

it took a miracle for Luna to bounce back, or just stay in the market and not get to 0. and I saw a Tweet from Binace if the price of Luna's contract drops below 0.005 USDT, binance will continue to delete the contract. this is too dangerous for Luna's survival. for now being a bad tragedy for Luna, the holder should not be provoked by rumors. try to keep Luna, because this depends on the holder and also the Luna team.

This coin already abandoned by its developers who prefer to save stable token and dump luna. New announcement was not helping so much. I think that you are getting a bit surprised to see that if the price was worth nothing right now. So many people are loosing their money right now and comeback is almost impossible to happen with it. You need to read some latest news about luna and so many people are also seeing this as a big phenomenon after big connect in the crypto. The billions project can go zero in a few days

Most importantly OP, what we should inquire to know is what is happening to those individuals who invested in LUNA? if you did, please share your episode...it will be interesting to know how you are handling the situation. Did you convert the remaining of what was left after the drop in price to another crypto or safe coin? or are you holding on waiting patiently and believing that the price is going back up and you will recover?

dang, current price is under 2 cents, yikes!!

At this point, I don't think LUNA is coming back. It already lost its ground and its investors are backing out so soon. And if they're to come back, I think they might want to introduce a change of contract address and force its holders to swap in like a ratio of about 100:1 to scrap off and boost up the project.

I wouldn't even thought it would have a dead cat bounce from the chart, the frustration is in the head of those who invest in it. Glad I'm not, most of my portfolio was in Bitcoin, Ethereum and other stablecoins that are backed by real assets, though there are rumors spreading that other stablecoins would be next. Not gonna stay calm but I'm DCA'ing some Ether or Bitcoin from here on out.

I heard that USDT was actually regulated, how true is this? Also BUSD from binance got its own license too so I think they are better than UST marginally, I know Bitcoin is the best place to invest but its no denial that BTC isn't a stable coin, volatility will forever be around BTC.

Sadly, the coins that were one of the high ranking ones just disappeared. This will be one of those moments that can't be forgotten. How can forget the current situation, this token has turned into a useless shitcoin. I'm worried that some of the holders will become depressed because of this. It's hard to say now, it's so horrible.

The crash is really a heart breaking for those who have heavily invested on this alt. Who would've thought that a top 10 coin in the market ends up this way.
Now, that's an interesting question. Are people's risk appetite enough to take the risk on re investing on a coin who just lost 99% in a 24 hr period? Coz that seems like everyone is abandoning this alt plus Binance has suspended Luna withdrawals.

Terra blockchain stopped at block #7603700. Validators are wary of manipulating the protocol with token voting, amid significant additional LUNA issuance and lowering the cost of a potential attack.

https://t.me/forklog/25478

I am grateful to have released my LUNA before this tragedy occurred. I can't imagine if I'm still a LUNA holder. this must be stressing me out.
I earn quite a lot from trading LUNA assets. but looking at the current prices, I'm not sure all will be able to improve in the future.

This ecosystem is bankrupt. What do you usually do with bankrupts?
Maybe there will be large funds that will buy this project for a very cheap price, and then there will be a pump.
__
https://twitter.com/terra_money/status/1524812171179327488?
Blockchain is up and running again. They probably want people to sell their tokens very cheaply first.

With the speed of correction and considering the current price of $0.01217, i do not think it will go to zero. It all depends upon the team and how they are going to sort their technical issues which was flawed from the start. Yes they had a lot of hype and many made a lot of money but the market caught up with the flaws and it reflected when everyone started dumping.

so many exchanges out there already try to delist this altcoin, I guess its fate is pretty much obvious, it could hardly regain its former glory.
after all this coin is the reason that this bearish market could become this bad, not to mention the UST that even after do known selling so much btc just to make it go back to $1 again he miserably failed.
I think the cryptocurrency market better off without this kind of coin, where it happily sacrifices the entire market just to fix its own ass.
binance delisting gonna starts soon and you can expect things gonna go downhill from there for this one altcoin I guess even the founder doesn’t give flying cow in regard of LUNA instead he’s focused more in UST.

It's different for Bitcoin and Ethereum, they have a cap which LUNA doesn't. that is why people keep dumping it over and over. While on the other hand, Bitcoin and ethereum would be hard to mined as days goes by, they are in total separate ways with Luna. Unless eth POS migration will be this year, maybe people would really start dumping it also.

Miracle can only save this coin, I don't know if this is already abandoned by its developer but its on worst situation right now and there's a lot of mad investors because of this most probably LUNA will not rise for more Months, hard to tell but for me its better to get away from this so called stable coin because its not safe anymore. Better for LUNA to declare bankruptcy, at least that can be a good exit for them but with a bad reputation that will last for the history of cryptocurrency.

It is good to diversify our investments as we can get some profits if something sudden happens like what happened to the Luna coin so that the loss is not severe, it cannot happen to the stablecoins like what happened to TerraUSd because there is a difference between stablecoin backed by fiat money and an algorithmic stablecoin, as the terraUSD stablecoin algorithm is the cause of the crash. I think that what will happen soon to the Luna coin is that it will be removed from the exchanges in which it was listed and this will be the end of this coin that gave all investors a hard lesson.

Luna Allready much less 0.0011Done. It may never be able to stand up again.There are many reasons behind this. In fact, the team could not capture the market well.Unable to hold the market due to various negligence of the team, Luna eventually became a scam.

Need to find with Kwon as the owner of Luna coin, I think he most wanted person know what happen with Luna coin and make price srop drastically. Still not way from Luna owner how keep responsibility and male Luna coin back to the top price. I don't believe Luna owner will give good thing for all holder. Last night I bought little and hope can reach higher price but was disappointed price drastically drop, after dip on $0.02 have new dip price again.

LUNA is a scam token, but i'm sure there are still many who hold it and don't want to sell it so the possibility to zero is still small.  what big bad luck for those who have invested a lot of money in LUNA.  LUNA deserves to be delisted from all exchanges.

luna has reached 0.xxx but not to 0 round, if luna reaches 0 I'm sure LUNA is dead and stopped trading
Luna's incident can be used as a lesson if you want to invest in crypto because anything can happen

What else will the luna market end at this moment. Many say Luna has reigned the most this year. This time it was really Luna Year.But for some of these mistakes, their market has vanished today.Luna may never get up again.

Another scam token appear. This will become the new meme token and i would like to call this as luna inu. The new meme token that based on the luna blockchain as a machine to printing the new tokens with crazy inflation and then dumped to the market.
I just wanna know how stupid the people who bought this and the price is almost touching to the 0.00009.
Scam coin! becareful and you should always avoid to deal with this kind of coin.

many possibilities happen to LUNA, between 50:50 it is certain that the price of luna is going down but it does not rule out the possibility that LUNA will continue to survive at a fairly low price like other coins that have lost trust from investors

Luna needed community help...  but unfortunatly, only had ShitInvestor fleeing out.  No Hodler. So whoever elaborate this fall.. understood Most of the crypto community is just little speculator not deserving a true financial freedom.
You cant win if you cant fight.  Because the FIAT system will Fight to Death.
But it is okay,  we still have of Dollars... losing value everyday... and more taxes to pay.

No idea..currently the price of luna is really falling. I think, people are racing to withdraw their assets right now, and some have given up and even quit cryptocurrency. Honestly, I wanted to buy some Luna a while ago, but until now, the price hasn't stopped falling. however, if you restrained Luna, then it would be a very big decision. this is the same as an earthquake, where Luna is the center of the earthquake. the damage to Luna really affects those around her. if you are already holding it at a high price, it is your decision now to hold it or sell it. however, even selling it I don't think will make you any better. I think, the price of luna will continue to decline. this is the worst drop on a popular altcoin since I got to know crypto. the decrease even reached 99% within one day.

its now almost zero, you can buy  millions of Luna with just hundreds bucks!

seems the project failed,  the team has closed the discord and telegram group!  and the most important:  the price for UST is now only  0.1 USD

I don't know how even can solve this problem , it's dying!

It will not die, Do Kwon just need to eat his ego and accept the fact that UST can't be save anymore. They are trying so hard to peg the UST to 1$ while LUNA is suffering because they keep increasing the supply just to balance it to the UST but nothing is working and price is plummeting so hard. The team can easily solve the price of LUNA if they will just abandon UST since they can burn excess LUNA tokens and denominate all the token holders LUNA just to control again the price. I don't know what shit Do Kwon hitting right now but he should face the problem properly or go to jail in silence.

Buying tokens right now is suicide because there's trillion of tokens right now and increasing.

I also like to believe that since now I'm a holder of Luna now having bought it when it crashed and I'm now 90% down not good at buying at the right time because it further crashes their admin in their telegram channel and twitter keeps everyone updated, it may have a chance but they need to do a lot of work now, many exchanges are thinking of delisting it I hope they will have a change of mind.

The development team and Do Kwon chose to keep UST instead of Luna so luna's death is not surprising. They have been and continue to add hundreds of billions of luna tokens to save UST but it won't work. Luna is dead and UST is just sooner or later.
Don't buy luna or ust at this point, it's too risky and to be honest, Luna hasn't bottomed yet  and catching luna is now an act of suicide.

today the whole exchange started delisting luna, and the price has gone to 0. this is over, there is no more hope for this project. and we know in this case who is to blame. the founder of terraform lab is the cause of this failure and he is the person who is most responsible.

https://twitter.com/doowannam/status/1524915757938667521?s=21
https://news.mt.co.kr/mtview.php?no=2022051308574726920&MT_Tv
"According to credible Korean news site Money Today, Do tablekwon requested to police for emergency protection as investors have been visiting his house."

If he wants to be responsible for what happened to LUNA, then he should not let LUNA lose value in the market because now almost all exchanges have suspended LUNA and even removed LUNA from the list of existing exchanges. This is very painful for LUNA holders at this time.

Now LUNA has disappeared in the market, some days the price has dropped more than 90%, even today the price has dropped more than 99.98%, a week ago the price was still $80 and now the price only $0.00005488, but I'm sure no one will buy LUNA.

I don't see any coin that came from $80 crashing to $0.0002 as of current price now and I don't expect this coin to reach $1 easily and I consider this coin as a dead coin, I was wondering how many people invested to this coin and lose all of their investments.

For real tho, this is crazy considering the price was high just a week ago or so but look at them now. And I've seen quite a lot of sad news regarding the poeple that lost quite a lot of their money because of Luna. I don't know how they gonna make this right. And not to mention a bunch of big exchanges are also delisting Luna from their market. What a week.

I also don't understand why Luna can drop drastically like that,
i'm sure people who invest in luna and find out they lost a lot of money are really shocked,
whether this coin will recover we never know and it's better to follow the progress

A lot of uncertainty happens in the forum but what we can do is only wait for the team to give us the next step for them to recover from this mess. It's hard to recover LUNA to the normal condition in a short term but I believe that Terra stable coin will back to as it should. Now many exchanges delist $UST and many exchanges ban deposits and withdrawals for LUNA so what we can do is only wait until there's an official announcement. If you believe this project will survive just hold tight like Do Kwon said but if not better to cut loss.

Crypto market is a totally uncertain place. The entire LUNA ecosystem is on the verge of collapse. I don't think it can recover at least from where it went down. The team is cutting off their support and communication. Even their stablecoin could not hold its own value.

A very difficult project for us to accept, because the price decline that occurred was so large that some exchanges wanted to suspend the coin, and currently many investors have suffered heavy losses and they can't do anything but sell at a time when the decline continues, this all happened because there was a problem with luna owners so the team just followed the existing flow.

https://www.globenewswire.com/news-release/2022/05/13/2442779/0/en/GAM-Holding-AG-is-not-in-negotiations-with-Terraform-Labs-to-support-the-Luna-stablecoin.html
"
GAM Holding AG is not in negotiations with Terraform Labs to support the Luna stablecoin
May 13, 2022 05:18 ET | Source: GAM Holding AG"
https://ml-eu.globenewswire.com/Resource/Download/5964c791-a5b9-436a-8e12-b164e4a87112

Dont know about future but its supposed to be end now because binance delisted it today but something is phissy now again they listed this token on their exchange and i saw there is already too much volume in luna trading pair also they posted about no more minting in luna now whats thats mean only they knows whats they want and what internally going on!!

Previously all exchanges suspended trading on Luna, but it's new news that Binance announced a resume listing for Luna, actually Luna hasn't been forgotten even though a few hours ago Luna trading was delisted. I read about Luna about to announce big news on twitter but I'm not sure it will recover the price of Luna coin.

What will happen to Lunar became Last Zero. All exchanges are delisted together.People have left Luna Market. People have lost all roads from Luna.Luna has now become a scam.This is the first time I've seen such a popular point zero since I worked on cryptocurrency.

Almost exchange have delist with Luna coin and price could be zero, I have invested little fund on Luna coins because I tjink have drop price but always have lower price for Luna coin. Maybe for holder can forget what happen with Luna coins and try get back recovery on other trading coin. Right now Luna as shit coin with zero value and not any chance can recovery

I think it is hard for Luna to back to the initial price before de-pegging incident on UST.
If Luna manage to reach $0.1 later, there will be many rich people because their money will multiplying at least more than 100x from now.
Lets see the UST value first, if it going stable $1 then Luna will recovering quick.

They will not be giving you any reason to be hopeful. I mean Luna is gone and Do Kwon is basically just wiping his tears with 100 dollar bills at this moment. I believe that all of the money is out of the market, Luna team and their opponents took out everyone and they are just going to count their money while everyone in the market cries.

I never had any Luna so I am not bothered by it, I have few others that went down of course because of the market but that's fine, there is nothing wrong with that. I do not know what could be done about this, but I know that it's not going to be that shocking if you ask me if it just ends up dead.

It will be gone, nothing more than that is required to know actually. I mean think about it, it was around 80+ dollars just last week, now it is under 10 cents, if something crashes this hard, do you really think that there is even a small chance that it would recover? Maybe it will reach to 1+ dollar if they are lucky and work really hard and convince enough people, but that is a big enough drop that being 1*-2 dollars wouldn't really matter.

I am sorry but luna is gone, throw the dirt on it and say your graces and just move on. The market will recover though, we have seen plenty of dead projects before and we recovered from all of them eventually.

[/quote]Yeah and i have bought some and scaling the market, i make decent profit

They are still active on their own forum to find the solution but yeah this is not the best way to do that caused by the solution will always bring doubled edge knife for them.

This can't be solved even with burn mechanism and this can only be done by the profit companies. The main concern is they are intend to release the fork version of luna token. I know this is a better way but so many people owned old lune and they will be owe caused by the fork