Bitcoin Forum

As Usual, The coin has the potential to recover, but at present things are extremely uncertain.

Because, Founder of Terra creator Terraform Labs, tweeted on Tuesday: “Close to announcing a recovery plan for $UST. And He Hangs tight On His Words.”

He added on Wednesday: “I understand the last 72 hours have been extremely tough on all of you – know that I am resolved to work with every one of you to weather this crisis, and we will build our way out of this.

With adequate work, I believe the coin will recover in no time Luna has not crashed so there is every possibility of recovery from the current crisis phasing the network. If every hand will be on deck to work with the team in their plan to burn some of the coins and also stake some it will help reduce the circulating supply and that will take out whale from holding a large amount of the coin that could lead to future manipulation of the market. I believe the team is taking the right step at this hard time for the community.

All matters on how they would really be doing or making plans on recovering it up but dont expect for it to reach ATH.
https://www.analyticsinsight.net/will-terra-founders-last-minute-rescue-plan-help-ust-regain-us1/
FOUNDER’S LAST-MINUTE RESCUE PLAN HELP UST REGAIN US$1?
Dont know if they do have chance for some recovery but lets see.

Luna will never recover. The market is already on its way to vanish.People will stop trading now. many exchanges have already suspended trading. Binance Exchange may soon suspend.Recovery would have been a long time ago but now it may not be possible.

If you are still believing what do kwon said and you must be stupid enough as a someone that believe with scammer rather than try to accept the truth if luna already dead. This will never recover again. It's done for luna right now. just ignore any tweet created by do clown. This guy has bunch of money on his hand and that's why he has no care with others who have been loosing 100% of their investment caused by the terra luna dump. People must be stupid enough still follow do clown

The incident of Luna is very dramatic and terrific. The price drop is very drastic.
I think that it will be very difficult to turn back the price again. However, it doesn't mean that the percentage is zero. there is still a chance that Luna can rise up again although may need more time to grow and progress. But, it will happen if:
- Developers really focus and are concerned with this condition and make their best progress based on their fundamentals.
The community doesn't panic about selling again and again
- Stop spreading bad news about Luna again

I did see some exchanges halting trading with Luna. It's definitely a sad time for those who have already bought something of it and then just lost a lot because of it. Maybe it will tarnish but it can be recovered? You will never know. It's always going to be with the developer that has started it. Maybe they would find a way but it would be very difficult and it would take time.

Yeah, there are chances that it can recover but I don't think that it will be back to its former.

It's always wiped out and close to zero from its price so if someone thinks that have lost money on this coin can his/her money can be recovered. Don't expect a lot.

What's gone is gone and treat it as a loss that you can learn from. Treat every word the foundation says with a grain of salt and you don't have to put trust and confidence on it at all times.

I'm sure teraluna will recover and will bounce back to its original price but luna will take a long time maybe.
Because right now Luna's position is very bloody with a very very low price bounce, no one even thinks it will happen to Luna.
And what the big investors Luna felt was also painful with the losses that happened to them spontaneously.

It seems luna is dead on binance, last price was 0.0005.

Price will decrease more due to arbitrage on UST/Luna.. when and if the arbitrageurs can bring UST back to 1$, you can think about re-invest in Luna.. but as long as arbitrage is on-going and network congested, it can fall easily another 1000% from here..

This is their latest tweet 3 hours after they halted the Terra blockchain,

 that is the right to do now checking on Hotbit where I bought my Luna the trading has stopped the value when down to 1 sat the group chats comment is still off which is the right thing to do, it's a bloody week for the Crypto market but I doubt it's the end, it's on Luna only but what happens to Luna is very challenging for all of us here.

do you still believe what he said?
Come on guys, enough of the bullshit he's said so far, no one will believe it. terra(luna) is dead, nothing can recover when it falls so deep. even worse, there are already many exchanges that have started delisting luna&ust. this indicates that there is no hope for this project anymore.

trading is still available
https://www.binance.com/ru/trade/UST_BUSD?

LUNA Go Forward Proposal
This document is intended to be a living breathing document. Will be updated over time through discourse with the community.
https://agora.terra.money/t/luna-go-forward-proposal/7136/5https://agora.terra.money/t/luna-go-forward-proposal/7136/5

It's over, I am patiently looking forward to how they will solve this problem when some people have already take their lives because of the huge loss Luna brings, I knew someone who lost 1.6 million dollars, he is someone I know so well, I am just trying to hard to calm him, telling his family not to leave his side, I doubt Luna will make a come back.

I'm not sure about LUNA's recovery because with a large decline in LUNA, it will reduce investor and trader confidence in it.
So the potential to recover becomes very difficult for LUNA in the long run because it is about a coin's name and also the quality in it that has started to be tainted.

With the same status as before? I highly doubt it. But for sake of profits, it will still be alive since it create huge volume on trading since its quite trending now. I was hit by the incident of this as I have ust, didnt managed to convert it right away to busd or usdt due to locking time of binance, thats why I was able to to recover mine I think half the price. Totally unfortunate, and especially hit a lot of Luna investors whom bought at literally at the top.

It's dead. luna will never come back again later. The price is going so deep and the total supply was almost touching 1 trillions which were impossible for the price of luna to be pumped again. I think that you must forget this. Luna has no chance again tor regain its value at least not for now. No hope for luna this token will be done after luna fully delisted from binance. i hope that binance will consider UST too

No one can say that what exactly are going on. But it will be difficult to say about luna recover . I hear that Binance unlisted luna from their spot, future margin......

Almost everyone never expected that the price of Luna dropped drastically like it is now,
I also saw on the news a lot of people were stressed because of it,
the market is currently back up and hope that the price of luna will also rise again although indeed we don't know how long this will last because the market is still unstable

It will depend if Do Kwon will still try to recover the Luna. There is a possibility it will recover soon but it might take years and get listed again on exchanges. And, I think that Terra is really a great project, and hoping they will resolve this kind of issue and make a comeback, some people are still waiting and holding their luna even though its value really plummeted and currently trading for the value of $0.00005425.

I'm not sure what's going on, but I just checked the circulating supply na coinmarket: https://coinmarketcap.com/currencies/terra-luna/

https://i.imgur.com/Cg3H1w4.png

Is this some kind of bug? Can someone explain this?

Damn, never expected many to sacrifice their life savings for Do Kwon's pocket.

Just going to Reddit and seeing those "I lost everything" posts is already depressing enough.

I never imagined that Luna's prize would drop that much, it was just beyond my imagination or the imagination of many people. Including me and my friends circle, Many have invested in it. We are all going through losses now. It is difficult to say whether Luna will be able to recover, as all the news that comes after it is detrimental to Luna's future.

i Hope  well recover this project

It's not a bug because Luna detailed data on Coinmarketcap has not changed from the start, so I was surprised at the time of Luna bullish price why people pumped Luna, even though they knew the risk of investing in coins that had no maximum supply limit. So it's best to avoid investing in pumped altcoins because of the hype, especially since coins don't have a maximum supply limit.

I don't think this project will still recover as you can see the UST is also struggling to get to $1 again. I accepted my lose and my investment in Luna is now gone and all I can do is miraculously wait for it to recover again, Imagine some people who buy Luna at $90 they probably regret it.

They're focusing on recovering $UST not recovering LUNA token, I assume when $UST is recovering they will make a new brand LUNA token with the new system. Well, it's only my opinion and I'm interested to see what will happen in the future because Do Kwon said he will have a plan for recovering $UST.

I no longer think about the project's resilience as now so much has happened and we are all seeing it happen as the biggest scam in the crypto space. Now their credibility in this space is gone, and how will they regain the trust of the community, who have lost a lot of money and also committed suicide because of the funds involved Luna ecosystem. I also watched some people around me try to buy more Luna and hope for her to recover, but the joy was short-lived, and they continued to wallow in business with losses they thought would trigger a gauze can.

Those who experienced losses with LUNA, please be patient and patient because it was completely unexpected by everyone at this time after seeing the previous LUNA developments as long as the market was still in normal conditions, but for now I think many people will stay away from LUNA.

Of course, it is too time consuming for someone to monitor the development of Luna coin as it has caused huge losses to thousands of investors, so it is better to add the top altcoins to the list of recommended coins to invest in bear market.

yeah reminds of the 2017 bubble finally popping, seeing big crypto projects vanish and tons of people losing their money is devastating

but, to answer OP's question, this coin is dead, binance delisting Luna was the final nail in the coffin

there are some people saying that Luna are planning to do a rollback? sounds crazy, but it's probably just users trying to cope

That was hard, unfortunately. This is what we called risk in investing in a project that doesn't have a backup plan, unlike Shiba Inu. To assess how this situation went on, we can't decline such a doubtful view of this project and less likely it will recover after Binance was giving up on it. We neither expect this to happen, however, the choice of luna for investment seems not really at its best. I presume that many are suffering losses to this unexpected abrupt decline of Terra Luna but we don't have to think this will be the end of this project, maybe we have to hold it for awhile, let us see what will happen during the next halving.

This is really unfortunate for LUNA, hopefully they can still recover if this algorithmic stable coins really work then they must recover from this catastrophe otherwise this is a failed stable coin, they still have Bitcoin reserve and for sure this will be use for the recovery plan they said on social media account lets wait for it, the damage is really bad LUNA price almost 0 today and delisted on Binance and many exchanges, lets wait for any updates on what will happen within the next few weeks.

Any effort will be difficult to make to restore Luna price condition, because if they were able they would have done it from the start so as not to cause all this to happen, so I think there is no hope for Luna and I would like to convey my concern for all the huge losses to all investors.

we heard alot sad story due this rug pull. Many news in tweeter spread sad news how investor lost their huge money. Even some of them use hot money from their saving. In local group i see alot people claiming they frustation with this condition and even want to suicide. From this case we must set proper plan about our investment and never be greedy when we get good profit.

That feels like Deja Vu. The 2017 bubble popping up in 2018 was indeed disastrous.
I am just concerned about those people who lost their money completely in this LUNA crash.
Many of those people would now lose faith on crypto as a whole and may be never invest in any cryptocurrency.
There's nothing we can do from our side as well. We can just give our moral support because so many people lose their money.
Luna was one of the top 10 coins and such a thing happening to one of the top 10 coins is really defaming crypto.

This is a sad story experienced by Luna investors who invested heavily in Luna coins because I read on Reddit that many people suffered losses of hundreds of thousands of dollars. I can't imagine how their fate will be with Luna's sharp decline and it looks like it's over because Luna is very difficult to increase, even to only reach $1. It's a difficult situation but some people take advantage of this by buying Luna in bulk in the hope that Luna's price will rise again. But the chance to go up won't be any bigger but who knows.

I felt that. Think about it, almost every shitcoin mooned like crazy and the next thing is that the crash hit most of us like a truck.

Well, I saw the news that their blockchain got suspended from operating as Terraluna is trying to modify the protocol to prevent more people from minting the LUNA tokens, as its supply has inflated to 6.5 trillion.

You are right at present things are extremely uncertain.Lona Allready has lost her position.Once it falls, it is not so easy to come back to that place.Day by day Luna will be decreasing price.Everyone thinks Luna has scammed.Many people have lost money with Luna.I don't know what happened to Luna.But I think Luna should return to its former position.

If indeed the team works hard to deal with the problems that LUNA is currently facing, I am sure that everything will return to normal, although the current situation is indeed very bad so we do not have the spirit to see luna's current condition, if the LUNA team does want to sacrifice for the current coin holders then everything will be fine, although later the recovery is done gradually but rest assured all the current losses will pay off.

to return at the highest price I'm sure it will be very difficult for LUNA. even when the team is doing it hard.
the moment the LUNA team chose to add coin supply to the market was not the right moment. Many LUNA Holders finally panicked to see the current price. although we are currently seeing a slight improvement in the price of LUNA, that will not answer the anxiety and disappointment of the holders who have already lost a lot.

Luna made a big surprise, a few days ago the price was still more than $ 50 and made me sure that I would pass ATH again this year, unfortunately stable coins from Luna were indicated to be used for unnatural things so that the market immediately responded quickly, I was sure it was almost impossible if Luna will recover, investors have a lot of experience like Luna.

What the LUNA Team did was something very risky. Maybe it cannot be said that it is like Bitcoincash. But I think this is a hard time for the whole LUNA team and investors because LUNA had the worst crash of all the cryptocurrencies currently available. I wish all the best.

LUNA has lost 100% of its value, it now has SCAM status and investing now will be like playing the lottery. It's sad that such a once major project collapsed so quickly, like a house of cards. I would now see it as a kind of lucky investment, by buying $100 worth of tokens, like a meme-coin investor sometimes does with the hope that there will be steep growth.

This project can only recover with a complete overhaul of tokenomics, the pegging system, minting, and other mechanisms. If the developers can recycle all that and present a good product, more secure and sustainable, maybe LUNA will rise from the ashes. In the meantime, it is one big disappointment.

To do this of course will take a lot of thought, effort and money. And the intentions of the founder and the developers.

Do Kwon the founder of Terra or LUNA himself has also yet to announce any further preventive or corrective steps or what he will do to save LUNA at this time.

I hope there will be good news for investors regarding this.

As you said, the reshuffle of the team is very influential on LUNA's survival, it's just a matter of time what the team will do. Hopefully your $100 can give you the best or nothing.

I am not sure how they will be recovering from a situation like this. Their project plan was almost solid proof and the team was able to convince the investors and they had a lot of dedicated investors and a correction exposed their algorithm based stable currency.

Terra is trading at $0.0001137 and UST is trading at $0.1658 and it is an almost impossible task to make a recovery from this position.

Currently the price is lower than you quoted above, so there is no hope for the price to be recovered from the current price crash, but there is always something unique about cryptocurrencies and will Luna be able to recover the price with the efforts made in the future because currently Luna has regained her trust from Binance to reactivate Luna coin trading.

The only solution to the problem today is hard fork, which Do Kwon, the CEO of Terra creator Terraform Labs, writes about: https://agora.terra.money/t/terra-ecosystem-revival-plan/8701 This hard fork not only provides compensation to the holders of Luna and UST, but also to preserve the community and the developer ecosystem.

LUNA has experienced a DUMP of up to -99%, if we ask whether there will be a recovery?,
of course the answer is YES!, because LUNA's CEO still hasn't given up on doing good things to LUNA,
but investors' trust has indeed been lost, so we can't say LUNA will recover quickly

how come back?, I think Luna is over and we should stop caring about it. They announced that users will get new tokens or they will use the remaining amount of LFG to buy back luna and then burn it. It's all a farce, a scam that tries to suck the blood of investors a second time.

I don't hold Luna but I hope we will learn from Luna, Crypto are risky even if you invest in top projects there is no 100% guarantee so please analyze when investing and should only use idle money to invest.

OP didn't ask about the possibility of Luna recovering soon (now), he only asked whether it is possible or not to recover.
As the founder and the team don't give up yet, I assume it is possible for Luna to recover although it may never reach its ATH again. Regarding the market responses, it is normal to happen now because they are afraid about the current situation in Luna. But if the founder and the team of Luna project can show good progress in recovering Luna price, people are probably interested to buy Luna again. And the exchanges will reopen again Luna trading then. So, nothing is impossible as long as the founder and the team want to make serious efforts.

I want to say so sorry to all Luna holders in advance. Luckily I've been TP Luna from the start.
In this case, Luna is currently on the verge of death, the price that has fallen super drastically has made all Luna holders inflamed, heated up, went bankrupt, and even chose to commit suicide.
And if you look at the graph, from the current conditions, especially Luna's value and the delisting of several exchanges, it will be very difficult for Luna to return to normal prices. If Luna could survive the rug pull alone, they would be very grateful.

Luna draws a dirty tactic and it turns out like having an exit scam. It is a big shame for the developers who gives hope to the investors but now, that hope has gone totally. Many have fallen into their plan, and even known exchanges like Binance got fooled as well. I'd don't just think this will happen to Luna in the first place because we could this project tradable to many exchanges. Really be surprising but yes, scammers are really smart that is hard to predict and know their plans.

Not really yet with drop drastically until lower price right now will recovery to higher price for Luna coin above $20 until reach $50. I think if you have small fund could trying buy back Luna coins but not with bigger amount. I worried will have trouble again but if you active controlling Luna coins price and buy when drop you have get much profit, although have stop trading awhile on Binance but I see have back trade again right now.

What a huge amount of money got liquidated for last few days and it happen so fast so I don't think new investors will them for the new developments they made if they really want to revive this project. And also I believe that new people will come to it will just do a pump and dump scheme since its really hard to trust to hold it because many people are now afraid on how LUNA sustainability works in future.

in general luna has failed to run the project like luna system and they may have left with the money because the devloper in the end couldn't save UST by increasing LUNA's supply so it happened as it is now

this will be another big project that will fail very soon. i don't think there will be recovery here. do you really think that they can recover? just look at the previous project Basis Cash, because now there are rumours saying that the dev of this failed project was also Do Kwon. so yeah, i don't think this project can recover the trust and their market. another sad story in crypto history. but can the investors run after them? i don't think so.

developers team need doing extraordinary effort to solve their problem. minting luna didnt solve at all and even make it worse everyday. Binance Ceo decided to suspend Luna trading in several pair ,and give pressure to Do Kwon and team to solve it immediately. No Luna trading pair Luna/Busd reopen again after CZ get commitment from Luna dev. we will see this progress could make investors trust back or not.

Things could not get this worse if they only heed the Binance team's suggestion to stop the chain right on time many have doubts about their recovery plans and if they implement the recovery plans the biggest question is will investors get back to trust them again, some bought Luna when it went crashing will these have values if they implement a relaunch, there are talks of snapshots until now the community is waiting for the next move and it should be a good move that can bring the community to trust them again.

the key in Luna recovery only about trust, if investors have no more trust to DO Kwon and other developers team imposible luna could rise again. no one will buy luna and invest it for long term if this condition not going better. Luna need new backers for ventures to get their investors trust back.

Well, it is very hard to say that Luna will recover in the near time.
We know that LUNA price is depends on UST price because the mechanism of UST and LUNA.
As long UST price is not $1, we can't say that LUNA price will recover. I am currently keep an eye on UST price and ready to buy LUNA.

I don't think that Luna will recover now. It's now become Luna Inu a meme coin. Supply is now in trillion and totally destroyed. Some people took risk when it was down after Binance news of delisting and made decent profit after Binance resume trading News come to market. Now Luna is just a memecoin and all their system totally destroyed.

You sounded so sure as if you are a god, but you are wrong. No one can say exactly how the market will behave and that is what everyone is witnessing now. I believe Luna will recover. But I will suggest that those buying it to make sure they do not do so with profit making in mind. They should buy like risk takers, and whatever comes out of it should be taken as part of risk.

Not everything is as simple as I initially thought. LUNA is not so easy to buy, the exchanges either delisted or blocked the input/output of assets.

I recently read that the team has already published an action plan to restore the asset: https://twitter.com/terra_money/status/1524654729753956352


I also read that the possibility of rolling back the blockchain to when the attack began, as well as disbanding Terraform Lab, is being considered.

It looks like UST will have a depegging, this can be their first solution? 
Anyway, recovery up to $.5 is possible to happen but considering its total supply if this thing happens most probably LUNA will jumped again into the top positions. Better for LUNA to have a good burning mechanism right now so they can still attract new investors and a good chance for its recovery. Having a trillion of supply can’t give you a $1 value, that’s too impossible to happen for now.

After seeing a big recovery from almost zero to $0.00675 (https://coinmarketcap.com/currencies/terra-luna/). I came here to check if you guys are considering on buying this coin, and based on what I read, looks like the majority of you think that LUNA is already dead, so I'm not gonna touch it, just watch some update and do a timely action.

Infinite supply you should say? We do know on what are the things to happen if we do have this kind of supply.People are really just too hopeful that it could reach out those extents.

As long they wont able to resolved it out or simply having burning of coins then there's no way that they could really get more investors even with that de pegging you do say.

People are smart but there are indeed people who do really loves to play with fire.

you have to prepare for the worst on this coin if you are a holder. don't believe right away about the promise of the dev regarding the recovery of this coin. because for all we know, they are already preparing to disappear without a trace. we can't trust what they are saying to the public, because they can be doing the opposite. so for potential buyers, better don't get involve. or if you want to try buying in this dip. better use your extra extra funds where you are expecting no return.

Recover and gain their price or even close to it? I don't think so, we are talking about money here, will you trust a bank where you deposit $1 million and when it files for bankruptcy you only got $100k in return in the case of Luna it's even worse.

They may attract new investors because it's become a speculative asset but these investors are ready to dump the coins anytime
it's hard to build a community with Luna because of what happened and what happened to them is a reminder to always check the mechanism of the coin you're investing in, they are noW a bad part of Cryptocurrency history.

what happened to luna is the worst thing in the bear market right now but i suggest to bet on buying it at least 10$ because we know the luna project is a mature and conceptual project even though the price may not return to the previous price but we can take profit with a few cents increase

Luna developers wouldn't allow it dead and worthless whatever challenges the coin is facing now is surmountable, I believe Luna developers are working round the clock to put it back on track, it developers would surely consider burn some of the coins, host it recovery process might take a long time before coming back to reckoning among the popular cryptos, Luna price made some remarkable improvement on Binance though it value has been down after the price dumped massively, though I can only invest in it with the amount of money I can afford to lose to avoid touching stories.

Much better though if we stay out of Luna for the time being. Let the people behind fix things first and at least gain the reputation back because it is totally damage now. Few cents profits is not good, you have to buy tons of Luna, but the thing is the risk involved. So for me, it's better to pool the money somewhere is so that you won't get caught and surprised if the price didn't recover soon because of the bear market.

after several options that Luna did to restore the price it didn't seem to work and I totally agree with your opinion for now it's better to stay away from getting a fatal loss.because in addition to the drastic destruction of the project, investor confidence in Luna was only a few percent and this is one thing that might make it very difficult for Luna to catch up with the price.

Luna will still retraced back to a dollar price but it will take time. People behind the projects are working immensely on thr projects. I advised that any one investing in the coin should bagged at least $10 worth of the coin and then leave it for long term purpose. Because few months or years from now, the coin will pump massively and alot of people will benefit from the coin. Patience is needed at this period of time, because it's not easy to see your money go down in drains.

I think you should also consider the inflated amount of LUNA supply that already reached trillions, it's not gonna be easy for this coin in reaching $1 again for that simple fact. and also LUNA lately has become more or less like meme coins that basically become very volatile coin with zero underlying.
If any I think most of the current luna holders will just gonna dump their luna and move over to the new LUNA v2 and starting over again

I might have to think that anything can be done to crypto like what happened to Terra Luna, they are dropping prices lightning fast, it doesn't take a month per day Luna from $119 to $0.0001.

Recovery is like that, we all think maybe not, but it can be done, today they burned today Terra luna flew to the moon.

Terra Luna will definitely bounced back to a dollar price. Do Kwon is working on the project with other teams to put it back to limelight, and Luna was even burned which boost it's price to the moon. Let's be patient and wait for the team to do their work, although it will take time but Luna will stand once tall again. It's just a critical moment for Luna and the Crypto market. The only thing and the best alternative to do is to bear with the team and bagged more Luna for long-term.

well, the loss and trust that is currently no longer on LUNA's side will make it very difficult. I'm just curious what steps will be taken next. until now UST and LUNA continue to lose their price, and even become meaningless. maybe the CEOs of LUNA and UST are trying to turn things around, but with a product without a max supply like LUNA, and also the huge loss of people making it very difficult for this project. there may be some support out there, but I think it's still not enough. Well, for now, we can only wait.

The most important thing lost is trust.A lot of people are upset that they have lost large sums and their savings, although there were no direct prerequisites for this.If the developers start all over again and work more transparently, then there are minimal chances.

If it's said that Luna will recover again, it might be a bit difficult because everyone also needs faith in Luna's growth and to see Luna grow and heal like before is a bit impossible because what has happened has forced them to return to Luna or give back their trust in Luna.
What Luna has to do now is to give them confidence again so that Luna's price will recover quickly.

I think it is very difficult for the development team to make Terra Luna back up as before, because most crypto users have doubts and have lost faith in LUNA, That is the main factor that becomes a big challenge for the development team to make Luna recover, but if the development team are persistent and serious about managing this project, chances are that Terra Luna can grow a little.

I doubt it can recover to be honest. Most coins I've seen that falls just like what happened to Luna have never recovered no matter what kind of recovery plans the team or devs behind do they just can't bring the value back. Maybe because people are already afraid on investing in it and that people already lost their trust to the coin and to the team. And we can't blame the people, who wouldn't lost a bit of trust if they lost a lot of money due to what happened. Many got traumatized I assume, and there is a possibility that some of them might leave crypto for what happened especially newbies that invested so much money in it.

the question is if you are an early LUNA investor, do you want to invest your money again after you experience a big loss?

most investors are not stupid, they have a big trauma, so when they are deceived, their trust will not come back easily. LUNA has disappointed a lot of people, only those who don't know what happened to LUNA might want to invest in it (I'm not sure people don't know what happened to LUNA).

Lots of people have bought during the lowest price of Luna so lots of them are just waiting for the small pump to sell their investment and I guess that would make the value drop again. It will be hard for Luna to recover because most investors have lost their trust in it and it has now a bad reputation. There will only be small pump and dump that could happen but I see no future with this coin anymore.

The term "potential" should not be attested with LUNA any more because LUNA is no more a potential coin.
Either the Terra ecosystem had a huge flaw and someone took the leverage out of it or it was everything a well planned strategy.
But in the end it's the users who suffered huge losses which is why I think nobody will ever trust Terra foundation again.
People just wants their money back and I don't think they will ever invest in it again.
So the chances of LUNA recovering is very very small.

LUNA can never be saved because it has fallen too far in the LUNA Team it will cost a lot besides the cost to make a buyback, and it will not be possible. so Do kwon decided to create a new LUNA that doesn't depend on UST stable coin

Do you believe what they are saying? No, I definitely don't. No one can trust what Dokwon and his team say anymore. The only way to restore everyone's trust is for Luna's team to pump money and restore Luna's price but this is not going to happen either because they are not stupid enough to spend their money to save the community. Luna is dead and nothing more should be expected of her, let's take that as an expensive lesson we all must learn.

if I was a victim of LUNA investors I would not repeat saving LUNA coins my trust has been lost to the founder of LUNA. if someone returns to invest in LUNA, it could be something he knows, it's not stupid, it's up to each person's rights. like they said they would hold an airdrop for the victims of LUNA's investment which they promised on their twitter account

i don’t think yes because a lot of capital will be needed to recover. You probably know how big investors can recover their lost money by relaunched luna from this luna project. Moreover, they will not be able to return to the market very soon because to be relaunched, a new community has to be formed. And must be contracted with large investor groups.

The CEO of luna literally facing lawsuit as of now in korea, I think LUNA gonna be hardly reaching its former glory again, with all the law suits if something went wrong i'm sure it's gonna be such a trainwreck.
regardless LUNA has now become a shitcoin I think the volatility that current LUNA has alone already making this coin a low quality altcoins, instead i'd recommend anyone just to move on into other altcoins that are just better
and not repeat the same mistake all over again.

Yes, After Do Kwon published their recovery plan, A new problem arrives which is the law suit. I'm sure that the attention of the CEO of Terra will shift into the Law suit that can result in delaying the recovery plan. And addition to that, The Terra team legal team resigns which makes it harder for Do Kwon.

If ever Terra recovered and their UST is pegged again, I don't think the old Terra investors will trust the team same way before the crash.

More than a week has passed since this topic was opened on May 12. The Luna foundation has announced a few recovery packages, but they were not very functional solutions. It seems impossible to me to rebuild it after such a drastic demolition. It is strange that the stock markets still do not delist persistently. Normally, Luna should have been delisted already.

The way Luna dumped, no one expected from such a powerful project. When a project is dumped in this way, people lose trust in that project, as a result of which the team tries to recover and bring back the project later, but no effective result comes. So it seems to me that luna will have to go a long way to get them back to their previous position, which is a matter of whether it is possible or impossible. The Luna team going to fork  and gives birth to another new coin. Performs such activities the biggest question now is how effective it will be to recover the huge losses.

This is no longer an easy task.

Users have lost confidence in the cryptocurrency market in general, and all aspirations are for the market to recover. What further complicates the scene is how scammers take advantage of Luna's situation and delude people into returning the project or the return of trust in him, and offering instead a scammed currency.

Never. If anyone thinks Terra Luna will be recovered then I would say it is a complete lie. Recovery is never possible in the position that Luna has taken now People have now moved away from Terra Luna. All the investors who invested have moved away from Luna today.And no matter how much Luna announces, she will never recover.

I don't know for sure about this, but if we talk about recovering or not, there are already a lot of people arguing about it, from those who believe Luna will recover, they say, With a good level of quality work, they believe that Luna will recover. within a short period of time from the state of crisis they are currently experiencing.

On the other hand, most of the people here say that Luna will not enter her recovery period again even it is very difficult to happen, and there are some of them who say, Luna is now in a state of the market that will disappear, there are two debates here, is it possible that Luna will recover quickly or take time, or maybe Luna won't have a recovery period anymore, so that in more detail later we will wait for market conditions to improve and research on the market, especially the coins we are discussing, namely Luna coins

It is very difficult to get back of the current situation of Luna. They left the market with the Luna Mint up to the highest slap. Think about it, if it recovers then how much will be the market cap ? I don't care if they can recover it or if they have any attempt to recover because it is impossible at the moment.

Yes it will. Greatly.

The Luna community has seen luna as a project that can never recover and get back to its All-Time High but it will.

The Luna Foundation Guard, which acts as steward for UST, is currently aiming to fund over $1 billion to resurrect the stablecoin.

Instead of making LUNA recover I think the devs will take responsibility by switching to a new version of LUNA. Of course, the LUNA version must be able to cover the shortcomings of the old LUNA, if they succeed, the losses in the old LUNA will definitely be replaced too. Unfortunately we don't know when it will run, I hope the devs act quickly on this, a lot of them have gone crazy because of LUNA.

A criminal is always a criminal, just in case you guys didn't know that do kwon is also involved in a similar scam scheme so chances are that this guy has a plan to scam investors for the 3rd time. I wonder why this guy was still outside roaming around. A big criminal like this should be suffering already inside the jail and got beaten up by other criminals.

The supply of the coin is too huge, I think that was over trillion already and for it to up its price, they will need serious amounts. Amounts that no one can ever imagine. Restoring the price up to a dollar is still going to be a struggle but like you said they are not stupid enough. Scammers are wise guys. They already have the money so why will they need to re deposit it again.

Yes, I believe the Teraluna team will restore the conditions they are currently experiencing. and in this condition they don't just let go, but they are still trying to find a way out so that Teraluna can recover and be trusted by investors again. because of the current conditions, we know that not only terraluna has decreased but there are still many altcoins that are experiencing the same thing at this time, even though terraluna has a much lower percentage. and to recover takes time and the trust of investors.

It's better not to think of any hope from them. They've got a lawsuit and cases that they have to face that will make them put into jail, they can't work in jail unless they'll be given that favor but I don't really think that they'll get special treatment. Or maybe, they will since they've got a lot of money. Honestly, it's already down and the chance of Luna and its tokens and other projects to get up is very little, you don't think them to be liked by the investors when they're down already. A pump and dump is likely for projects like these.

It’s false allegations towards the wrong coin.Most of us clearly know,their won’t be any good openings in this.But unfortunately we still believe the fortunes will help us.So with my knowledge,it’s impossible one.Because the traders who hold the Luna was in extreme anger.The marketing team of the LUNA was not make a clear allegations on this LUNA update.So LuNA will not come back with same old potential.Better to skip it for future investment.

In fact, the issue has been raised for several months but has no action been made to settle it down, they just let the rumors and speculation spread around. This is obviously an exit scam, they are one of those projects that looks promising and many people had fallen into them but in the end, they just leave and carry the money of the investors. I would say that they are wise scammers, they just wait for the right time and they make the market situation the cause of everything which perhaps, was really their intention.

Unfortunately, from what I'm seeing, this looks like Luna's death knell. Why? DeKwoon's greed! The unofficial community census after the initial depeg fiasco was a massive burn, after the mining death spiral experienced by the UST coin. People were already sending tokens to the burn address. But he totally ignored them because he knew he would lose money, and instead chose to print a totally new coin, and named the old coin Luna Classic and UST Classic. Now look what's going on. Also coupled with the fact he has financial issues with his country and was allegedly called out by Anonymous (a White hat hackers group) to be responsible about a dead coin

honestly, i don't think this is going somewhere. i hope those holders are already trying to get out of this mess before it eventually died down. i believe, the LUNA team is just buying time here for the people to forget this failed project. maybe after couple of months, we will see the truth about their motives here why they rushed their new version.

They should get out before the price of it will be going 0% just like on what happened into its mother coin.High likely it  would happen again into those forked or version 2 i would say.

Trust is something that cant really be given back once its been broken and any project and team behind did make out some shady things in the past then it cant really be forgotten and into those things been
created after will really not be getting any possible support ahead since people arent that dumb to commit on the same mistakes that they had experienced in the past.

For those who had just been dragged with the hype and shills then its better to get out early rather than on ending up regretting just because you havent considered on acting fast.

Is it not over yet? Dokwon and his team deceived the entire market. Abandoning hope from them, I dare to assure you that luna and terra really have no hope of recovery. It is a sustainable coin based on community trust, but as Dokwon rejected all luna lovers, there is no hope that luna will be recovered. He will go to jail for his deceitful actions which is what people are looking for more than luna's little recovery

Unfortunately, from what I'm seeing, this looks like Luna's death knell.If Luna were worth just $1, it would have a market cap of $6.5 trillion. That's more than five times the entire cryptocurrency market — currently $1.24 trillion.The only way for Luna to recover the $80 price would be to burn enough Luna tokens to bring the circulating supply back to around 350 million.

Those who believes in them are those who want to minimize their losses and sell it again for a higher price. They already broken the trust  of a lot investors here and a lot has already lost confidence in them. We know that since it's ba bear market but what happened to LUNA was far more worse than a bear market and you better know the difference in it.

Problem is not with the coin or its economic structure, the problem is now with the "trust". Investors around the world are having rage against the owners now. This can't be trusted at all. They have lost the money which can't be recovered. The project is now unrealistic.

I am one of those people who will no longer trust LUNA, I agree with you, what happened to LUNA was very bad. So go ahead if there are still people
who believe LUNA will recover again, maybe because they have a large number of LUNA, then they still hope they can sell the LUNA they have.
In fact, I believe that LUNA is dead and it is almost impossible to gain the trust of investors again, after what happened to LUNA. Many investors
have been harmed and traumatized by LUNA. Instead of me being a victim a second time, I prefer to invest in other coins. Because there are still
many other coins that have more potential than LUNA. For me, trusting LUNA again has a very high risk.

And this project can't be trusted anymore after their tragic issue. Many people have been hopeful before, putting some money on this thinking it was reliable but unfortunately, with just a twinkle in their eyes, it started to dump and worsen the situation. The team trying to revive with a different market strategy but it is just a failed attempt as people neglected to give trust again with them.
Luna project is dead already in the eyes of the people around, though it still exists.

It will be hard to trust Luna again or anything that comes from the Terra/Luna team.

Most people thinking (hoping) that there will be a successful recovery, or reboot, are simply hoping they can recover some of their losses, but I don't see it happening.

Luna's return to her former position is not much of a dream right now The way a great project like Luna suddenly lost its value was a blow to people's confidence. Of course, people don't have the same confidence as before. Moreover, many theories are circulating like Luna was a scam project. The case against Luna's founder
And the rest of the crypto market has no chance of getting better at the moment.
All these factors are also preventing Luna from getting back to her position. If all these things get better then hopefully Luna will go up because nothing is impossible.

It's over for this project, the people behind has been exposed, many lost their money and obviously trust on the projects. So there will be no way for them to recover.

Their investors started to look for other projects already, maybe some have move on despite the money that they have lost and never come back again. But for sure, those who lost millions will have to come after the project itself and see how the Korean government will handle this case and give back the compensation for those investors.

A lot of people have lost huge sum of money due to that incident, and it kinda hurt their reputation. Though there were also some who took advantage of the falling asset but the supply went beyond the roof and there's no way Luna is recovering.
Now, for the new version I don't think it would become huge just like how they run it for the first time. People already have trust issues with the team and there were a lot of good coins to choose from in the market.

It's true because a trust is very difficult to get.
Moreover if they have dealt with money, they are very disappointed that the investors are no longer sympathetic to the square.
Even if one day they wait for them to come back alive and recover, but their worries will still be there when they want to try again to buy the teraluna.

A few days ago, I was having a conversation with a friend about USTC and its chances of recovery. It was then valued at $0.005, and we thought it is/was impossible to see any kind of recovery. However, we were proven wrong a few days later, since it climbed up to $0.05, jumping 10 times its previous value. It'd be a decent opportunity if someone had actually bought at half a cent.

However, despite that effort, I highly doubt that it'll ever return to normal, same goes for Luna. There might be a small recovery, but it'll be nothing compared to what it was in the past.

They are dead, there are just people thinking it will still get there in its ATH once again, Binance was probably having a huge stash of these LUNA to dump on investors as well, we may never know the intention that they still support them but it's my wild guess.

I don't think there is any chance of recovery. In fact, the moves they made afterward, I think, hurt the investors even more. A lot of people lost a significant amount of their investment. At the same time, confidence in cryptocurrencies has been shaken.

They are still trading, the developers are still active.  Indeed Luna developers messed up big time but declaring they are dead isn't right IMHO.  They are barely keeping to survive but  I think there is always a possibility even in a little chance that  Luna is just buying time for us to forget about their fiasco, then doing massive advertising and promotions to hype their project when the hot news of their failure died down and majority of us forget or doesn't care anymore.

Nope, because the creator itself moved to the next project which is called LUNA 2.0 so the money lost by the investors are complete loss but for the team there is no regret that is the beauty of shitcoins still we have people can't realize the investment on shitcoins are not good. :P

After all, Luna 2.0 is (at least for Do Kwon) a tool for people who have lost their investment in Luna to regain money. In my opinion, regaining trust is impossible and it is only pretending to be goodwill not to be accused of scam. However, in my eyes, this is one of the biggest failures in the cryptocurrency market, and it will never recover.

I believe that it will never recover, but there is a bit more to it then that. It's not going to recover but not because it went down, many things go down and they recover, it is not the failure that will keep it there. I believe it will not recover, mainly because of the fact that how it failed.

If you fail one way, and you recover while keeping that same thing, then you are not going to recover at all. This is why I believe that we should try to make it work as much as possible but if we can't then we should let it go. Luna is gone, it failed, and if they do not change their ways, and keep it the same way, then they will never recover and will get the same problems again.

Luna will never recover. To those who still believe that there will be a Lunar recovery, I would say that they are completely foolish to think of recovery.They tried hard but could not even get close to recover. The team must have given up hope that Luna would never be in a better position again.And people have moved away from investing in their platforms.

LUNA, LUNC or USTC are just a pump and dump coins now for me and they have no chance of recovery at all.
What does recovery mean to you OP? Do you mean LUNA will reach it's ATH at around $110? Just look at the current supply of it and you will see that it's impossible to happen at all.

Trust is a big factor to every crypto project and the trust of the community towards the project is already broken. Though there are still some who are solid Lunatics (that's what they call to their community), still I don't see any recovery for the project at all. I'd rather invest my money into meme coins like DOGE than investing a project like LUNA or LUNC or anything related to Do Kwon. I'm still waiting for LUNA to crash again or at least become a dead project or an abandoned project. It happen already and I believe it will happen again soon.

That's correct, it's nothing more than a pump & dump coin, possibly conducted by people manipulating the market in an attempt to get investor's who lost money hopes up, or/and people who are trying to take advantage of its extremely volatility. The following chart is of a few weeks ago, USTC jumped from $0.005 to a few cents in a matter of minutes and then proceeded to pump and dump several times.
https://i.ibb.co/nshF6Y4/UST.png (https://ibb.co/Y7vxP1J)

It is 100% just a pump and dump coin. I mean this "new" luna is nothing that different from the old one and people are acting as if they finally figured out a way to get out of that pit, which we all know is a big lie. Nobody that gets into this will get out alive, they will all lose money, and why? Because they think they are smarter than everyone else, and they think they could make a change and that's the problem.

When everyone else tells the world that Luna is a dangerous thing, if people are getting in, they are aware of the danger and they get in anyway. This is something risky and they shouldn't do something like that. They take that risk with overconfidence and they will lose.

I find it extremely difficult to believe that there are people who still hope/believe in its recovery. There are certainly some who can't accept that they lost their money and don't have anything else to lose at this point.

However, in my opinion there's a large amount who are trying to take advantage of the high volatility, which is similar to other shtcoins. Plain gambling.

LUNA recovery is not possible like before. They lost a capital from the market. And the trust that people had in them.  Now it is no more. They have launched the new LUNA in the market which is constantly dropping in price. And those who invested in their new LUNA are now in for a big loss. I don’t think LUNA can recover again in any days

Many think that Luna will end, but I'm optimistic that Luna has a clear mission in the future, they have done re-branding and I'm sure Luna will recover but of course it takes at least 2 years, now it's time for Luna's invest Suggest with a large amount, with only $ 100 so I'm sure the year can now increase 300%.

Their so-called rebranding was nothing more than a wack job, honestly. While it could possibly see some kind of recovery (minimal compared to what it was), I don't get why people are willing to trust such a coin, whose developer screwed over thousands, leading to billions lost. Why are you willing to take such a gamble with your money? I'd rather invest in Bitcoin, Ethereum, Polkadot or something else rather than this.

Trust me on this since I invested in old Luna and make 30x on it. I also followed the Terra teams and try to understand everything from it cause my investment. The thing is both old Luna and new Luna are done for. Not even worth any money or to be considered as a serious investment except if you're feeling lucky and want to gamble with $50-100.

For me not so money investors lost lot of money thats why the other investors are not anymore to trust the dev. Whey because they have a chance to happen again and the dev will create a new token again. Ithink luna where not survive it it will be no more ath again .

It could recover but it will not boom anymore because it has lost its investor's trust and its reputation is already ruined. It was a potential coin before but lots of things happened that made its image worse. They even created a second version of it which is quite ironic because if they weren't able to handle Luna before, how are they going to make the second one successful? If the developers will do something great which will regain the people's trust, I think it could still recover a bit.

hope Luna, The bottom line is that even with the burns that LUNC and LUNA teams are working on,

yes

   Actually, it's not too complicated that today's market has too many options that bring profits as well as accept risks. I see many old cases that are still very good, and even new projects are gradually shaping the future of the market with trends.
Anyway, one person will have different views on them, just hope we all will always be sane enough in this market.

The creation of new ventures gives people more time to abandon unsuccessful previous initiatives. Nobody is interested in the initiative, which makes the Luna situation horrifying. Because it is an irrefutable reality of the market that once a project is thought to have a bright future, investors tend to invest significant capital in them in order to capture enormous profits at the end of the project, Luna was once a strong project that drew a lot of investors and traders. I believe that the project team overhyped Luna and failed to account for the coin's liquidity, which led to the coin's decline and eventual crash. The Luna case was bad, and it had a negative impact on the market since those who invested money in the project had to withdraw due to their heavy loss.

It will never simply go back to it's glory days. Today Luna doesn't have enough support from the community given that they have a very bad past that makes them lost their community. People are just hyping it for profits and not for the actual project. Hoping that Luna will recover is just a myth. There are much more better projects that big investors wants to put their money on and Luna will never be their options. Luna doesn't have a charm anymore to those big investors that really bring up Luna to it's glory days. Imagine how much money they lost in this project, It's logical that they will never return investing on it. I believe that no one will invest on a flop project unless they are on short term and just aiming for short term profits. 

I am 99% sure that LUNA will not recover, because from my experience in cryptocurrency if a project that has failed and investors no longer trust the project, it will be difficult for the project to rise and restore investor confidence, because the most important value from a cryptocurrency project is trust, so if that trust is lost, then the project will also disappear (failed), therefore I'm not sure if LUNA can recover and the price can increase again.

It will still have its supporters and antis, that is the general nature of everything that I see not only Luna but some of the top altcoins also have had some fud and over time if they still maintain and develop. development, it will also make sense for them to regain their position.
Personally, I find that today when startups are rushing to develop crypto products is a joy, we will see more quality products, as well as more security.
Anyway, this is a topic to nibble on, or to give yourself a chance.

we know that CEO Luna makes too many losses. it is very difficult to replace it all and I am very sure that no one believes in this project anymore. Besides that, until now, people have only taken advantage of the price volatility that has occurred at LUNA to take advantage of it. However, to recover, I also feel it is very difficult and maybe impossible.

The team is scattered and disorganize, I wonder if there is anything left for the team with Luna. The last time I check, Kwon was been hunted for the projects failure and he is well known to be found according to the media, how would the project survive with this kind of temsion. People are done already with Luna, the only reason why some investors are still hanging around is because they want to have back their lost investments which in my opinion is not possible and other investors are still hanging around because of the promised airdrop they are gradually distributing to the affected victims.

You're comparing FUD other coins have faced in the past with a token that crashed and created a huge amount of chaos on the market. Two completely different scenarios. Personally, I believe that the only remaining supporters of Luna are those who didn't have the chance to sell when it wasn't too late and are doomed to hold these valueless coins, as well as those who purchased them at dirt cheap prices. Both are hoping a miracle happens and some day in the very far future, Luna manages to make a significant recovery in order to get rid of these coins.

I'm also one of those who purchased a small amount of coins for the sake of buying them, but I'm not anticipating that I'll sell them for profit.

I wanted to leave the most unbiased opinion, because there are actually many crazy scenarios in this market that make me fail to see that nothing is forever, even failure or failure is indeed fair. static.
I am quite comfortable here because I am not stuck and there is no need to pay attention to development. The fact that it still has liquidity and is supported by a number of forces after that remains a mystery, not too much ambiguity about both those who have lost a lot and also the opportunity to buy the low price of LUNC.

of course not, because in my opinion there is no hope for Luna anymore, so if I were you, then I would not think about investing in Luna, because it is difficult to get profit from invest in Luna, since many investors have been disappointed with Luna and don't believe to invest in Luna again, therefore I'm sure that Luna won't be able to recover or maybe the percentage for Luna can recover by 0.1% (this is my opinion).

you are right, because the trust in Luna has completely disappeared from the public. luna will never experience its heyday again like before, the effects of old problems will be remembered for all time and will always be a red flag for investors

There are investors that want to play in a hot tub through reinvesting into these projects that have been already proved to be a scam and no signs of recovering.
Well, the thinking is that who knows if it recovers and then they hold thousands or millions of it. That's why it's like the thinking that they'll be getting a jackpot with these projects.
But IMHO, instead of getting into these projects like Luna or Lunc or UST, it's pretty much saving time if they just avoid and ignore projects that have already collapsed.

People still review the Luna platform. I invested in this Luna Coin. I got a lot of success, but even though I got success, I kept thinking about the future. But later on there I failed miserably and lost many dollars invested. Since then I have been very disappointed and find this Luna platform absolutely disgusting. I never trust this Luna platform for recovery and never review it. One should never think that which is not possible.

Amidst all this people look at the bottom level as an opportunity to invest. In that way the project will be alive and attracts investors. Some could get lucky to make big profit out of it. It have got a bad reputation through some issues. The team have taken measures to protect the project, however things didn't favour.

When it comes to altcoins it is all about luck when we invest on these kind of projects that have succeeded once and failed later. Once again they've reached the market. In simple people prefer investing a little, maybe something unfortunate too can happen in the crypto market which is common.

Re-investing? Does it mean they are those old investors of the luna coin? But if they have profited at first and have sold before it collapsed then I think it's fine and maybe that means they know how to play the game. If not and they are one of those who lose big time then I don't think it's a good idea to engage on it again. One mistake must have learned us a big lesson already and we must corrected it because if not, we will only look like a fool.

AFAIK there are no more UST and the other LUNA coin but you are right that we should avoid them or this new luna coin because they already have a past bad record. There are still plenty of great out there which can give us a peace of mind.

The essence of the problem here is that the people behind the project taking advantage of our greed, who are not alert enough, are very susceptible to incidents that I feel really bad for them.
They know they can lose but they still accept it, I think with the current market we have too many options for the opportunity to increase wealth, and forget about luna watch it as a dead product.

Besides the fact this coin failed investors and probably caused many people to go bankrupt or even end their lives due to outstanding losses.
The face of the project, Do Kwon is now known for being allegedly prosecuted by authorities in South Korea and the United States.

There is no people would hold this coin in the long term and would sincerely believe and miracle is possible.
The only reason Luna still have some relevance to this day is because the disaster it represented for the altcoin community and the traders who dare to speculate for short-term profits.  

Better not to lose out time with Luna and move your attention onto more promising and serious coins.

This project put a stop to many investors' lives, and there is no coming back from that, only a fool will still believe in such a project to make a successful return, they have ruined their reputation and the name is now painted red, no one in his right set of mind will invest in such project. Once a project tarnished its name in the crypto space it is over, even if they try to clear their mess it still won't make a difference.

The price of Luna has dropped drastically since last year but until now it seems that the price of Luna does not have the potential to increase again. Therefore, it is difficult to make a definite prediction on the future price of Luna as it will depend on a number of factors, including market demand, adoption and competition from other cryptocurrencies.

People do not want to hear the truth but we wouldn't keep mute because they refused to learn. If have the money to invest in altcoin, Luna will be out of my list of favourite because there is nothing happening on that coin, the previous investors are waiting to cashout their losses and people are not having interest, the volume has gone down to the lowest and infact, the developers has moved into another projects. The investors that are in the market are all waiting for the right time to invest in other new projects and not this ones that have died already and could trapped their money as liquidity exit.

I think with the current amount of supply, the price may not come back like you saw in 2020.
But from here I can learn to be a Holder, not all coins can be held, we need to sell them as needed.

Yes, I believe the Teraluna team will restore the conditions they are currently experiencing. and in this condition they don't just let go, but they are still trying to find a way out so that Teraluna can recover and be trusted by investors again. because of the current conditions, we know that not only terraluna has decreased but there are still many altcoins that are experiencing the same thing at this time, even though terraluna has a much lower percentage. and to recover takes time and the trust of investors.

The cryptocurrency markets are volatile, and prices can fluctuate rapidly. Recovery is always a possibility, but it depends on many factors, including market conditions, investor sentiment, and the actions taken by the development team behind the cryptocurrency.The announcement of a recovery plan for $UST, which is a stablecoin and is a part of the Terra ecosystem, could potentially have a positive impact on Luna's price, as Luna is the native cryptocurrency of the Terra blockchain.

But in fact until now there has been no recovery. Only a madman builds his house well and then destroys it, then he will say he will rebuild it as before. People couldn't believe what he said, if it contradicted previous events.
It's a hoax. And he will create new hoaxes to cover up the previous hoaxes.

I don't think Luna will recover anymore, because it will be very difficult to gain the trust of people again, and after all Luna's team and developers have also left Luna, it will be very difficult for Luna to rise again

Right. LUNA is not believed to be able to return to its previous position.  And I don't think investors will be attracted to LUNA again. Luna has done a lot of damage to millions of people that cannot be forgotten. So Luna's recovery can never be expected. Personally I will never be attracted to Luna and will never invest in Luna in future days.  Because I lost a huge amount of money because of Luna crash. My interest in Altcoins in particular has waned a lot since the Luna crash

Luna's reputation has been badly damaged and Luna's founder has been arrested by the police as a money laundering crime and taking investors' money. will not be able to recover LUNA, who wants it will only waste money and time. there are still many potential coins like ARBITRUM that can be researched for the future

nothing is impossible but in my view it cannot be recovered after do kwon was caught at the airport trying to travel to Dubai with a fake passport now being held in a prison in Spuz, north of Podgorica it is difficult for luna to recover.

I don't think LUNA will ever recover considering how things went with them, even if they decided to come back people will be scared to invest in other to avoid losing money

I don't think Terra Luna coin can recover. Because it will be very difficult to attract new investors. Before this, many plans were made to recover Luna but they did not work. The biggest challenge is that new coins are coming to the market frequently and those coins are trying to attract investors. So recovering a coin that has lost reputation is really a challenge.

99% of many think that LUNA can't recover anymore, I think so too. I hope there are no surprises that LUNA is back alive, if it recovers there might be an extraordinary surprise from the team. if you think about it, if I become a LUNA team, it will be useless if the LUNA project is thrown away. because they already have great power. it's just that it takes big bucks to burn to bring back interested investors. there must be rich people who want to be the owner of LUNA

Exactly! Even the whole team behind developing this coin truly knows the reality that it got more chances to crash and can't recover anymore than to prosper in the upcoming years/season. Well, as of now, there's no telling yet about its future but considering the fact that the team is not doing anything anymore is already a risk to Luna believers that someday it will still recover. It will be miracle if ever, but it's still better to keep some safe distance, just to be sure.

Actually in this case expecting them to recover is tantamount to giving them false hope that will not end because of their condition we know that they can no longer be cured. Especially in this case we know that the rumors about Do Kwon getting caught now has left them even more devastated and that is something that is for sure.
Right now those who are there just have to be able to let it go because after all the money can't be returned and they have to start looking for projects that are truly feasible instead of continuing to expect something like this.

indeed 99% of investors are very disappointed with losing their money to LUNA. and do kwon is now a prisoner of crime. For example someone wants to be the founder of LUNA version 2. This will be a big news because the impending recovery is very significant. For example, if Elonk Musk is interested in becoming the owner of LUNA, I think investors will be interested again

Its seem take miracle looking on Luna coins will recovery to higher price, due developer have been already in prison seems impossible with Luna coins keep exist in the exchange market. I have bad experienced with one potential coins last three years although have been listed on Binance exchange and price above $5, but the owner that coins got problem and have been in the prison until make that coins dropped drastically before delisting on market and not any values yet until right now.

Just waiting moment only for Luna coins seems have dropped price again and not have chance recovering to higher price without have new developer acquisition and bring good progress for Luna coins.

Stop guys. don't be so naive like that. Leaving Do Kwon and entering Elon is just like leaving the lion's den and entering the crocodile's mouth because regardless of anything they are still the same in terms of characteristics. It's just that Elon knows the momentum better and he doesn't want to take the risk of being criticized too much even though many don't like Elon.

It is possible to realize that Elon's influence is still there but connecting him with Luna will not help anything and in fact this is like suicide for Elon and Elon knows that.

ok guys. I'm just telling this example there is a miracle against LUNA nothing more. there are still many potential altcoins like LUNA. many people have different views, it's just that when the moment of the treasure moment is missed it makes me regret it...?

I don't think Luna will recover anymore, because it will be very difficult to gain trust in people again, many people have been disappointed with Luna, including the team and developers who have also abandoned Luna.

My take on Luna's recovery It's worth noting together that regaining trust is a complex and challenging process, especially in the cryptocurrency space where a lack of regulation and oversight can lead to high levels of uncertainty and risk. Luna's recent challenges and reported neglect by its team and developers have understandably caused disappointment among its users and investors.

The cryptocurrency market is highly volatile and unpredictable, and a recovery is always possible. Yes, It may take time, effort and concerted effort to rebuild trust and confidence among its user base, but it is not impossible.

Do you have any official statement from the developers of Luna about them stopping the support of the coin?
Because when they re-branded and launched the new luna, I had assumed they would try to provide further support to try to re-gain the trust of the community even if that meant to work without the leadership of Do Kwon.

If what you are saying is true and even the developers gave up on Luna, then it is safe to say this is a dead project.

Alter Finished A FUD Games Now What A Amazing Questions I Think LUNA Now Can,t Recovery Previously Moments And Just Wait And See What Will Be Happening In Future With LUNA.

Exactly, people will not trust them anymore, so it's better to abandon this project and look for a new investment opportunity. I'm sure the team understands this, so they might already be working on a new project. However, they will still take care of Luna to avoid any legal consequences for their scam. There are many promising projects in the cryptocurrency space, so there's no need to force ourselves to invest in a project that has already lost its credibility.

Luna recovery is very uncertain. Because the developers of Luna have tried several times to recover it. But all efforts failed. Due to the crash of Luna, many have fallen into huge losses. As a result, no one can easily trust this coin. And that's why recovering it must be a challenge.

Lawyers for Do Kwon claim fraud is invalid because $LUNA is a currency and not a security. This is for the $40 billion collapse of Terra Labs Terra USD.
https://cointelegraph.com/news/do-kwon-lawyers-reportedly-dismiss-sec-s-securities-fraud-allegation

Crypto is full of miracles, we don't know what will happen in a matter of seconds, a little hope for Luna returns to normal, I think it can be but it is very heavy, for those who still believe in Luna, please continue to hope

Yeah, anything can happen in the crypto market, but LUNA will need a lot of changes and lots of good sentiments from many people. Most people in crypto already know about the incident that happens in LUNA and they don't want to invest again because they don't want the same thing to happen again with their money. LUNA will probably recover but for LUNA to reach $100 again will surely be really hard in the next bull run.

Luna will recover if their project goes well, but don't expect Terra Luna to be like before, my target for Terra Luna is $3 to $5,
because if supply circulation is still like it is now in 2024 I'm sure it will be there but if the total supply is met then it will be difficult to reach $ 5.

Well we have some good news for Luna. A Korean court has ruled in favor of Terra Co-founder Hyun-seong Shin. It has ruled Luna is not a security and no arrest warrants was issued.
But I do not think this does help Do Kwon in case with US. https://www.binance.com/en/news/flash/7520738

I think, it is possible that the market may change in its favor in the future. However, it is important to maintain a diversified portfolio and not rely too much on a single asset. Abaout The question of whether Luna will ever recover is a tricky one. On the one hand, the founder of Terraform Labs has indicated that a UST stablecoin recovery plan is coming soon, which could help stabilize the Luna ecosystem. However, the specifics of this plan are not yet known, and there is still a lot of uncertainty surrounding the situation.

The chances of Luna coming back again are slim. People have stopped trading in Luna due to the poor condition of its market. Luna has already been scammed many times. And with very little chance of its coming back in the future, people have lost faith

I don't think Luna will be able to recover it's price because it has been dumped hard and went to almost zero. So from that price it's almost impossible to recover as many users brought it from the deep. Again team isn't taking any action to recover some of its price. So we should far away from this project.

This is almost a year old thread. Since the founder Do Kwon was arrested last time, we just do not know where it leads to next.

The future of Terra Luna is uncertain these days and the reputation is highly affected because of the damage they have caused last time for their investors and the entire cryptocurrency market.

My answer is a straight no for sure. End of the line for Terra Luna.

You must be a very great believer to still believe that Luna has the potential of making a come back.
It may take a miracle for that to happen, but then I also believe in miracles.
However, I think it will take a whole lot for the coin to be revived, the damage done is too deep.

The first thing that you said might be a good news and will help recover Luna coin but there might be more than it on why their company have collapsed. What ever they do, they can not bring back the confidence of the public anymore so for someone who is still rooting for them, it would be better for you guys to move on.

It's been a long time now and there are now lots of new project which has a better potential than Luna but we must be careful now when in investing and its better to not put your 100 percent trust in the coin because some of them are like Luna who are only gaining the publics trust but deep inside, they have an evil plan.

Luna will not be able to return to normal because investors have lost confidence in it, and one thing that needs to be known is that there may be many out there who will be like Luna.
but projects in crypto are still trusted because people still believe.

I don't understand why people still keep talking about it and making this thread pumping. LUNA crashed almost a year ago, it's kinda obvious that it's not gonna recover.

How important is trust and I think it is very expensive for sure to restore lost investor confidence in Luna,
many people don't expect that Luna will return to normal because it's impossible,
for the crypto project itself there are still many who believe it is true.

I don't think it will be easy to gain the trust of people again after what happened to Luna, many investors are disappointed and feel fooled, so it will be very difficult for Luna to recover.

Luna coin can recover if a miracle happens; it is almost impossible; this currency collapsed and lost all its value and lost the confidence of investors in it and giving investors and traders great pain that cannot be mitigated with time, supposing it can recover, how will it regain the trust of the crypto community and how can someone risk his investment in it after all that happened from its reckless team, I see that Luna coin is a page in a book and it has already been folded, so I'm giving up on it, and it's good that there are so many good alternatives on the market that have replaced it.

it will never recover I mean people are already moving on, there's no need to hold onto some shitcoin like luna when there is so many better and good project released in the meantime.
everyone attention now shifting over to arbitrum and sui, they already forgets that luna even existed, so I don't think it will eventually recover, instead it will just stay like this become highly speculative shitcoin.

after a year of this thread, we all know by now where this project sits. but i think some of those who got screwed on the first failure still got a hold of their coin hoping that they will get back what they have lost. but from the looks of it, not a follower nor supporter of DK, he only used this project to enrich himself. i don't think he had a long-term plan for this project to begin with.

will never recover, because of that incident, unless all the team and devs have been replaced, luna is just the name of a project nothing too special about it maybe even vitalik could have created luna v3 and he published that the project is under his control, with soon the old luna will be forgotten.

Definitely not! The founder is gone and LUNA has caused a massive crash in the cryptocurrency world. It would be very difficult to recover from the impact damage he had dealt. The price of LUNA has been crashing and it is very difficult to regain the trust of investors. People will think you are stupid or crazy if you choose to invest in funds.

It’s pretty difficult to recover it, because people’s never trust LUNA. Thousands of investors lost their money in this project and there are no possibility to get refund. Now mostly investors are focusing on the new project as like still Arbitrum hype is ongoing. So i don’t think we should include LUNA in our portfolio.

A project that once produces negative results does not build people's confidence. Luna took investors' assets. Now I am skeptical whether it will be a very difficult task to re-attract investors to the project by rebuilding confidence. We often see Luna coins that have a small pump but it doesn't last long. I think investing here will do nothing but stress for the investors.

There is no hope for the death, so I don't also think Luna will recover again; nevertheless even if the project change ownership, they might have little improvement but they can never be trusted in cryptocurrency space because they have caused a lot downfall to some cryptocurrency investors.

Correct. Indeed, many people do not want to hear the truth, especially for those who are just starting to invest in crypto currency. What's more, they invest in cryptocurrencies without doing their own research but just hype so that many of them are trapped in losses. Especially for those who have invested in LUNA, it seems that there is no hope of recovering the losses they have suffered because LUNA capitalization in the crypto market continues to fall very deeply and it is very difficult to get back up.

Hughes investors lost their huge investments due to LUNA's sudden crash. and since the supply of old LUNA was huge, they developed new LUNA by renaming the old LUNA as LUNC, but the strategy by which they distributed the new LUNA did not cover even 50% loss. so everyone lost trust in LUNA and no one trusts luna like before  And this is why luna recovery is very complicated. so I think Luna is the worst choice for investment right now.  It will never return to its previous position even though the team is trying hard to recover it

It is impossible to recover the money of those who invested in LUNA. Because those who invested lost all their money. No one imagined that such a big project would be destroyed like this. But we have to be careful if we are in the wrong place.  We have to withdraw the money from there to invest. Otherwise there is a possibility of losing our money.

How one coin will recover which fully failed and token price fall from 100$ to 0.00008. People lost so much in this project. Many people staked USTC to get high APR on stable coin which turned to be a big loss. now how people will again trust on this project with same person. I don't believe that Luna will recover at this stage, even if they recover, fear of losing will be still there so I think it's better it choose other coin.

Reducing the circulating supply through coin burns and encouraging staking can indeed have a positive impact on a cryptocurrency's ecosystem. By decreasing the supply of available coins and encouraging long-term holding through staking, it can help create scarcity and potentially reduce the influence of large holders, often referred to as whales, who may have the ability to manipulate the market.

no, I don't think Luna will recover, because something is already dying, it will be difficult to heal, therefore I am sure that LUNA will not recover, because many investors have been disappointed and traumatized by LUNA, so investors will not believe to invest in LUNA again, therefore in my opinion, LUNA will definitely not be able to recover and even if LUNA can recover, then the possibility is a very small.

In terms of investment, I also understand that there are many criteria to be able to return to buy or hold it, but honestly what happens around it after its existence, it still has supporters and opponents. The expression on the price line shows that it can also be fomo with many people, albeit risky and risky, and it is better that if people don't like it, they can stay away from it and trust many options. different in this market.

No one can say for sure whether Luna will recover or not. However, the Founder of Terra Terraform Labs issued a statement indicating there is a recovery plan for the UST cryptocurrency. I think the Founder creator of Terra Terraform Labs expressed his determination to work with the community to overcome this crisis and develop solutions to deal with it. While the current state of things is uncertain, the potential for recovery is still there, and it's important to keep abreast of developments and official announcements regarding Luna.

Luna Coin recovery has a long way to go, because many people has lost trust on the Luna Coin, which the dip of the market not supposed to dropped below expectation as a result new investors that came into Luna community for a business without back up fund's, which is very risky that clash Luna Coin for some months back and up to date, it has not been received.

Everyone, except the LUNA team, seems to agree that Luna will never recover and that the UST price will never return to $1 USD. Broken trust will be extremely difficult to repair. A project that lacks trust from both investors and the community is certain to fail.

The statement is good, it's just that the old PR (homework) hasn't been finished yet. is this the best solution for everyone who has entered and invested before. I'm just general. restore old wounds first and then gain the trust of the user again. yes. if you remember bitter indeed and this is a trading risk even though the Founder creator of Terra Terraform Labs has given an official announcement on one of the social media in this case on Twitter.

after the project collapsed, there are still many people who believe it will rise, and some investors are still loyal to their belief in LUNA. however for me it is difficult to return, bearing in mind that it is not easy to get investors' trust back, especially for big investors, where investing in LUNA is like doing a lottery, especially now that we are in a bearish period, so there are still many other altcoins that are more worth investing in

It is true that it will be very difficult for Luna to regain the trust of investors,
the collapsed project really paid handsomely,
we also need to be realistic to see Luna can revive and for me it is difficult but let's see.

if you want Terra Luna to return to $ 1, of course that's impossible,
because Terra Luna's current supply has increased very much and has been rebranded to Terra Classic,
yes I myself don't expect much from this coin, because this coin is dead for me .

I think if any token loses its confidence, it will be very difficult to regain its position again. People lost a lot in luna because it was in the list of strong and good coins in the market and people had a lot of investment. Be that as it may, after losing and being cheated once, I don't think people will ever invest in this token again or trust the words of its founder. I personally cannot invest in any token that has cheated me once and made a loss,because the market is still full of many good and strong projects.

Even though there used to be a thought in my mind If Luna was acquired by BNB I believe it would be able to turn the game around and turn things around, but according to reading this development it is no longer possible because there are many reasons why binace was reluctant to take over after the project collapsed because if the interpretation is more to lose than to gain I think . unless a miracle comes.

in this financial market, different coins and tokens coming in and out of the space its very hard to regain trust  for any project (COIN) which has devalued, over a period of time and now trying to pick up it's peak from crash. many investors won't be so blined to get in such project (COIN). Even with the rebranding tho, we never can tell the future of luna. FINGERS CROSS

It's better not to hope that Luna will get back up I think it will be very difficult and will only be a waste of time,
investors' trust in Luna has been lost and it will be difficult to restore it,
but back again this is crypto no one knows what will happen next.

I don't think it will have the chance to recover from that kind of fall out and crashed. Many people lost their life savings and no one will ever will trust Luna again, its just a dead project that only making if alive are traders, other than that it is considered dead. Better to move on now and get into a project that can last for long term and of course it can be trusted.

honestly luna is done for, anyone thinking it could eventually recover are just wishing something that's good to be true.
it's quite literally abandoned project and dying, there's just no future for this coin, other than being manipulated heavily by some whales.

NO! It is like a meme coin now. With the actions made by Luna Team before, making a new token will not make them recover. Just another cash grab for them. Better stay out of it. Many people loss their money and don't let Luna team do that again.

Now some actions are being taken by the team to increase the incineration tax rate. This will reduce the excess number of Luna Classic coins. Many hope that this will become some kind of renovation of Terra. This idea was supported by several exchanges, including Binance. We follow the result.

it's even worse than meme coin right now honestly, it's just a remnant of scam coin where many of the one that seeking profit from it just actually trying to go against the wave fighting against manipulation and usually just lost their money.
this is just shitcoin that have really bad history right there that people should avoid, i also still wonder to this day why many are so eager thinking that this coin will recover, no it wouldn't and will never recover ever again.
this coin just pure abomination that should be avoided thats it.
even if this coin could somehow recover gaining fraction of its former all time high, eventually this just gonna scams again.

Luna will not recover and will never recover at the price it used to be before it went bankrupt,
this is true even though CZ supports LUNA but to return a price above $ 10 it is very impossible,
because LUNA already has such a large supply like other memecoins.

true, it's total supply is ridiculously too much for a coin that's not supposed to be meme coin yet here we are, it's generally just a wishful thinking that luna will ever recover, those thinking that way are surely can't just move on.

i see the total supply of LUNA is very large (similar to meme coins), i think it's impossible to reach the price like before. the LUNA team might be able to make coins again but what is hard to get is public trust, and without that trust the coins that are made will not be as big as the previous LUNA.

I agree that to this point it may be almost impossible for the project to recover it's previous trust, value and volume. However, it is not impossible.

There could be a way, if developers actually cared to give Luna some case use which would increase demand for the coin, paired with some serious burning taxes to steadily reduce the total supply.

All those things are unlikely, tho. I am not even sure whether there is people developing Luna anymore or not.

It still has a marketcap of 500 million USD and decent trading volume. I don't know why people still risking their money on Luna Classic. It will neither go back to $1 nor burn its supply. The one who benefit there are the whales who convince people to FOMO on it. Some are lucky to catch the bottom and profit very well from it, but it won't happen to anyone.

I think they can still recover and learn from their mistake especially when they get all the support they needed from some of the big investment company, they can kick start again and i know people will jump in again to make huge profit when the price return back to it's orignal price before the crash

aint no way luna will recover, i have more confidence on FTT then Luna. how much money people lose on Luna and where it goes ? i heard that FTT have recoverd around $4 billion from its asset.

There is no hope for LUNA to recover because this project has been abandoned by the community and its developers,
we know that Do Kwon is now a fugitive and he is the biggest scammer in the crypto world,
so forget about LUNA and go to other investments, because there are still projects trusts like Ethereum, XLM, or XEM.

LUNA will not go anywhere, even the potential to fall below $ 0.5 is still very large,
because we know the total supply of LUNA is 1 billion coins and Circulating Supply 285 million according to coinmarketcap,
if LUNA circulation increases and demand is not there it will obviously decrease every time ,
so it's better to avoid coins like LUNA especially since they are already considered a scam.

If that's true  Luna Will Recover, at least it gives hope to investors, because he also mentioned working with everyone to overcome the crisis and build a way out of it. However, the success of the recovery plan is yet to be seen, and it is important that investors keep a close eye on further developments and make an informed decision because In total, the fraud caused a market value loss of $40 billion.