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LUNA went to ZERO, causing inflation. What is going to happen next? Is there any chance it will rise again in the near future?

won't. Everyone's trust has been lost in this project. I doubt if Luna can come back. it's just a matter of time until all exchanges are delisting luna at the same time, and binance already does. maybe next kucoin, huobi, or gate.io, there is definitely no hope for this project.

This project is completely useless now.
Due to this project now many people have bankrupt.
No one had really seen such a day in their trading history when their asset falls to negative 90%.
Really feeling sad for the people, who have invested in the coin and now in huge losses.
With this we can say that the time of LUNA has also ended completely, as many exchanges are in a line to unlist the coin.
Binance has successfully done it, next other big exchanges are working hard to get the coin out of their trading eco system.
BTC's bearish market has really affected the whole altcoin's markets. Wishing for speedy recovery of the market.

I guess that if you can find another thread that was also talking about the same thing like this. There's no chance for luna to go up again. The only chance if luna will be going down even deeper from time to the another time. I think that if you have money that invested in this token in the past and you must let it go. So many people are feeling depressed after they were seeing their money gone to do kwon's wallet.  Do kwon is laughing for anyone who have been loosing in luna

This incident caused us a lot of concern from being in the top position they are now in 1078th position in the Coingecko ranking and from having more than 100 exchanges now only traded in 2 exchanges

https://www.coingecko.com/en/coins/terra-luna#markets

But on Coinmarketap there are still a lot of markets for Luna but it will not be for long
https://coinmarketcap.com/currencies/terra-luna/markets/

If you're still holding Luna or have taken a chance by buying the crashes you're chances of recovery is not good it will be a steep climb back and I doubt if they can regain their position.

Looks like it's gonna be zero sooner.
Binance delist LUNA futures pair and suspended spot trading for LUNA and UST.
Who's gonna buy that huge supply now?

I feel very sorry for them being victims, This shows how fast cryptocurrency can make or break someone.
Crypto is very volatile and unpredictable

i think luna won't. focus on polkadot ecosystem

It may trade in the Satoshi range for a time but there's no coming back from this. The supply increased to at least 170,000,000,000 coins as they were minted to try to reward UST buyers so there are an ENORMOUS number of LUNA out there to buy. People are buying 300,000 or 1,000,000 as a joke right now. I just picked up 300,000 for less than $10.

So nobody who held it prior to the debacle is ever going to be made whole again unless the devs pull an Ethereum and rewrite the blockchain. That would royally piss off everyone who bought the coin recently though, and make the whole "you'll get rewarded with LUNA for buying UST" premise absurd.

I assume the same that LUNA will never recover this has become a 100% decline in a short time, well many people went bankrupt in this coin even the former holders were very disappointed with what happened, the decline was so drastic that I guess all of them did not believe in it LUNA, what's more, astonishing is the current price of $0.00002196 it doesn't reach a penny really really bad.
We can conclude from some statements that the Terra Luna project will never recover even though there is BTC support behind it.

None.... or at least we can say that as long as they have no recovery plan that can change the sentiment of investors into this project, LUNA has no chance to recover at all.

Every time I see the price of LUNA in Coingecko, I feel terribly sad for those investors who bought at the peak and those who gambled their money when it went down because for sure there are some investors who gamblers their money and tried to buy LUNA as well hoping that it will rebound at some point but it didn't went the way they wanted but it goes down even further.

On Coingecko, it has almost 7M total supply and with that huge amount of supply it will be hard for it to go up especially now that there are doubts to the investors if they want to invest into it. On the other hand though, even though I believe that this will not recover anymore I still think that there is still a chance for it to recover (at least around 0.0000000001% chance). I mean anything is possible in crypto right and we've seen unexpected events happening like this one but even though this will recover, I doubt that it will reach 2 digit price again or even a dollar TBH.

Coins that have dropped significantly like Luna will be difficult to get up again, I experienced several coins like Luna and still hold but there was no development, we better forget Luna and focus on investing in other coins that are more promising.

It's dead, period. I don't think any coin that has dumped THIS much in this short of a period of time could ever recover really. EVEN if we do give them the chance to recover, just the fact that this dump happened (and that it affected a LOT of people immensely), I don't think there'd be a lot of people willing to invest/use the coin anymore. There'd always be that fear that they may be the "next" to be fooled and manipulated. That's just the label for the coin, only initially rich people would invest here if they ever want to anymore, I don't think you'd be seeing any more risk takers in the LUNA market.

Considering its current value right now, I don’t think that it will recover. Definitely not this very soon. And more than that, the confidence of the people with LUNA has also been destroyed due to this event, likewise, many exchanges are also removing it to their systems. In this fall, it will be hard for LUNA to get back up again for sure.

You have to look at the order book that was sold on spot binance trades that there are tens of billions being sold now, so that means that the supply of Luna coins has increased, so it's better to avoid investing in Luna coins even though Luna/Busd has not been delisted in spot trading .

It will not recover again. you should try to ask do kwon to dump all of its UST and then put the bitcoin reserved funds to the luna. Do kwon can pump it with billions of money that already acquired by him through dumping bitcoin in a loss. That stupid guy become the most wanted person int he world right now. If you a part of old investors of this token and you will not see your money again. The inflation was too high to be recovered again.

That is what is called a bigger coin affected by hype, this coin strengthens when the market is in a severe correction, then in the near future the luna completely loses its selling value, it is a strange thing for new coins to strengthen so quickly in these conditions, even potential coins like bitcoin actually corrected without pause in market conditions like this, let alone such a coin, I'm not sure luna will strengthen again at high prices, because now it is very difficult for luna to reach its highs

Hopefully not. It died because it needed to. Because it was a major ponzi scheme. You don't want it to recover anyway... Trust me, shitcoin like LUNA should stay dead. It is best for everybody in the space. If it somehow gets recovered, then this time it will be a even bigger ponzi scheme and there will be even more victims. Check reddit, there are suicide posts everywhere. This shitcoin should never ever recover.

I think it's almost impossible to happen, people have lost their trust in Luna and UST, besides that the market has started delisting and suspended trading on Luna and UST.

I hope that Luna coins should die and cannot be traded on any exchange, because if there is a temporary increase there will be many victims of losses from trading Luna shitcoins, any Luna coins should be removed from any trading list.

Lately, there have been a lot of threads discussing LUNA, it doesn't stop because this is very crucial where the LUNA project is predicted to become another crypto competitor. But this is how the crypto world can all become untrustworthy if you are not vigilant. We have learned a lot that investing and trading in crypto should be as risky as possible. And from this LUNA incident, maybe in the future traders and investors can be more careful and not save too much money in altcoins in the long term. At least awareness about Bitcoin is a top priority.

cryptocurrencies and anything can happen here, such as the LUNA problem, where the token that was expected to compete with coins in the TOP 10 CMC has failed miserably because currently LUNA cannot be traded on any exchange, I am very optimistic that the development team will do various ways to make LUNA shine back, although it was a big disappointment but we still have to wait for good news from the team.

It will be Zoombie project, in fact they are doing something to raise it up and keep the dead...

There are many projects that have not had the instant disaster in the relationship of how well this project was seen, but they are still listed out there, catching the unsuspecting, eating brains.

I hope that those involved who have lost all their money can somehow recover.

Luna is the most uncertain project now. It's down so much that it looks like it can't recover. Because this project has lost credibility. Investors will turn away from it.
But Luna is trying to recover. It has risen 88% in the last hour. Is it a sign that another wave of down is coming?

The fall in price of LUNA as well as UST, was a sad experience. To think the price kept crashing with no support in place got everyone worried and disappointed. Currently the price is at 0.00006busd and it quite cheap if you are intending to add more to your portfolio so as to quickly recover your loss.

It seems that once they lose credibility which is not easy to restore,
Luna really keeps going down and it's really hard to see her recovering and if it does it looks like it's going to take a long time,
better be realistic and don't have high expectations

Never. Simultaneously de-listed from all exchanges.They have lost this project from everyone.There was a coin in a very good position. No one could have imagined that this project would be scammed so soon Many people have invested in this project and lost millions of dollars.Unable to bear this condition and loss, many people have committed suicide.There is no hope of recovery.

LUNA is the major scam of this millennium. This project will be a lesson for many investors. This story turned out to be cooler than Bitconnect. I don't know what needs to happen for the price to recover, because now thousands of hamsters are buying millions of LUNA for pennies. It seems to me that no one will make them rich.

Nobody knows. If the whales decided to pump it since it's totally down from the ATH and high price that it was, then we'll see to it that a pump is happening.
But if not, and all of us have decided that there's no need to invest on it then it will die eventually. It all goes with the idea that nobody will really know the real answer. It's still part of the volatile and speculative market. Many hopes for the high price that it can go back since they're stuck and have lost a lot of money on it.

This is not like Bitcoin when it dumps it becomes an opportunity to buy.
Luna is one example of altcoins that are forgotten once they are dropped to hell. Binance delisted them, I think that's already a big clue that it won't be coming back.
You may want to just get over it and look for a new project that has better future in this crazy week of dumps. There's a lot of them and they are way cheaper now.

It seems that the future of the Luna coin is not clear and the investment in it is still full of risks for those who want to buy it because more than one exchange platform has delisted it. As for me, I invested in it with a small amount on Binance, and the good thing is that Binance opened trading today for LUNA / BUSD & I am waiting for what will happen soon, maybe the price will improve a little, or I will be lucky if a miracle happens.

The future is unclear now for LUNA considering its current trend, many investors won’t come again on this project or we can say that LUNA is already a dead project because of this. Will you still trust a project that from a peak price after 3 days it drops almost 99% which makes a huge panic in the market. LUNA was a good one but right now its not so better to be careful if you are still planning to buy it.

The price is almost worthless, how can this recover again?
https://coinmarketcap.com/currencies/terra-luna/

I doubt it will recover again, this is just one of the biggest bad news this year, and because of this, we are now back in the bear season again.
Prepare for another huge news, we shouldn't be surprise because we are in crypto, anything is possible here, both bad and good news.

This is a dead project already, 100% drop makes this a total worthless coin and I’m actually feel sorry to those who got liquidated because of this, and lose all his money I just hope that you will still focus on your goal and still think about opportunities in cryptomarket. Don’t give up your life, just move on and start over again not with LUNA anymore.

This is just a reminder, similar things happened before, and for sure we will see it happening again! People just go with some hype without much thinking, and I know some people who got in Luna, now they are thinking this is the bottom, and they're buying more! Is there a sense in that?

Well, some people will never learn! I didn't invest anything in Luna, and I advised some people it's look fishy, but they didn't listen! So, I guess we can't do a lot about this! People should learn how to invest and how to research some project before doing it! Lucky guessing and going with hype is not working, at least not in 99% of cases...

Yes, of course expecting LUNA to be able to rise again, is something that is very painful if you are currently holding LUNA. it only took 2 weeks then LUNA immediately fell into a free fall like nothing could hold it back. almost all exchanges have liquidated LUNA, even local exchanges in my country have done the same thing, everything seems to no longer trust LUNA. no more trust can be given to LUNA at this time.
but I agree with you guys, this is not something that will make LUNA holders have to give up because there are many other opportunities that can be done in crypto.

I don't think so.

The Do Kwon proposal is absolutely nuts and essentially means that one person is once again controlling the chain in its entirety.

I disagree with the sentiment that LUNA community is valuable - it used to have a very engaged community but most of the self-professed "lunatics" have now turned against Do Kwon given the large losses.

Certainly not worth the risk entering into any positions right now in my opinion at any price.

This is the latest news about Terra's recovery plan coming from the Terra founder I don't know if it's worth it because he already admitted that



There will be a reset of network ownership but not everyone will be compensated i don't see in the post that those who bought the crash will be compensated read the article and see who are those who will be compensated

Breaking: Do Kwon proposes Terra revival, including token redistribution plan (https://cointelegraph.com/news/breaking-do-kwon-purposes-terra-revival-including-token-redistribution-plan)

Once the project went from top to zero, I doubt people will recover from these losses and they won't regain the investors trust into this project ever again. This isn't like crashes with the other coins where it's still has a chance to recover back but this case though this is going to be difficult for them to even recover and it would take time if they ever fix this.

In the near future? Nah I doubt it. The price is very low as of now and it's hard to believe that it will recover to its glory days, at least not in the near future. In the long run, perhaps? Maybe. Everything is possible at this point. Not to mention after those fiasco from "hero" to "zero".
They are trying really hard to keep their stablecoin stays afloat and I don't know really know whether their new proposal regarding this matter might do the work or not. Time will tell, and surely people are hoping that it will work, but will it, tho?

Currently, very many exchanges are delisting for LUNA. Well, the moves are really bad, in fact the worst so far. however, it looks like binance has not delisted this coin. although I think this coin has become powerless, or no longer valuable, but very many people are starting to buy this coin at a very cheap price. Personally, I bought this $10 coin, and will hold it until it becomes worthless. it is very unlikely for this coin to return to its high price again. but I hope that each holder can get a few percent of their assets back.

In the title, many friends said that their trust in Luna was shaken. I totally agree with these comments. Although he says that the team will evolve their projects in various ways and in different ways, and draw them into action in a different phase, I don't really trust this. Because it is obvious that the project team does not predominantly hold their own luna icons. Or there's no other explanation for that rugpull threw when the project started to decline. No matter what they want to do after this time, they cannot do anything else under their own name within this project. Because people distrust these names. On the other hand, when we look at it, they caught a serious fomo saying that the ad is not good or bad. So it can be anything.

I am not sure Luna will ever recover in the future since the price is fallen deeper and seems, can not rise again.
But no one knows what will happen after this drama but many people already left this project because they lose too much because of the drops.
Many exchanges now delisted Luna on their site so it will be very hard for Luna to get their trust again.
But people still buy and sell Luna in the existing exchanges and I guess they use Luna to do scalping trade to try to make a profit from Luna.

Luna has no capability left to recover itself from this huge dump all this shows its current statistics, people must admit this truth who are still expecting a miracle with Luna and still investing their hard working money in this shit coin. It's very surprising to see that some people are still supporting this crap although this is not going to bring any benefits for them except loss.

Since many of them invested a lot in LUNA and they have already lost in LUNA that's why many people still support LUNA to have a miracle to recover after this disaster. Do Kwon already proposing creating a new Token with 1B supply but of course many investor didn't agree with that since it's like abandoning the old LUNA. And since some the people are desperate to fast recover they agree with what Do Kwon plan.

you are right. Seeing this mess, no one can guarantee that LUNA will be recovered. in fact, when LUNA's price hit $1, it was a pretty awesome thing. for now, I don't have much hope with this coin, but I do stock even if it's not much, and accept the risk. well, binance still hasn't delisted this coin, because of that, I think this project is still being maintained. although I don't have much hope, but hopefully the price can go up again even though it's not much.

I agree that it is impossible for LUNA to recover after a huge dump that occurred in just a few days. Don't dream that a miracle will happen to LUNA,
later it will be more painful if we have high hopes for LUNA. In my opinion, LUNA holders must learn to accept losses, indeed saying it is easy and
doing it is certainly not easy. Especially for investors who have invested in large amounts, they will definitely still support LUNA and hope that LUNA
can recover again. Even though they just couldn't accept the fact that LUNA had become a scam, I didn't expect LUNA to be in such a serious situation.

Binance supporting a failed cryptocurrency!
This really seems to be what the owners of the project are trying to do and it is clear that Binance exchange is working to support it in what he is trying to do. This support from Binance offers two obvious reasons:
1- The owners of the project are seeking to revive a failed project to escape the legal consequences, especially since security research has been launched by the authorities to determine the parties responsible for the incident.
2- Binance platform, at the latest, may be one of the biggest affected by the collapse, by losing part of the profits from trading on Luna, as well as Luna's tokens in its hot wallets, which have become worthless overnight.

i am still see this possibilities, and if we see current price it recovered more than 30x from its bottom two days ago while Do Kwon release survival plan in neat time. major exchanges still list Luna even binance relist it again after delist for a while. looks like Luna got support from many people although we should not hope price could above $1.

this coin has become a new shitcoin for most of traders nowadays, the total supply is even already too much I doubt it could ever recover back, having valuation of $1 alone is already such a feat considering its total supply that is already reaching trillions.
regardless I guess do kwon just gonna starting over again having new altcoin or even rolling back to it past snapshot for luna specifically.
the current state of LUNA is already beyond any help so I wouldn’t expect something great coming out of this coin, anyway it’s already ever reached 0 I see no reason why so many people still holding on to it.
there are many that bought at really low prices but guess what, this coin soon become obsolete.

If calculated from the ATH price of $120 and the current price of 0.0003, then Luna has split more than 400,000 times.Yesterday Luna bounced back from the bottom but it's nothing compared to what it caused. There's no way Luna could come back, people have lost all faith in it. Today's trades are just short-term speculation, nothing more than gambling for fun.

Binance has just temporarily suspended Luna trading to protect the traders from a free falling coin, but once people became aware of what's going on, they eventually resumed it. Though some other exchanges are delisting it, some few others are resuming as well. There were still people who are actually buying it. I myself even thought Luna would die down immediately, but no I guess they're trying to revive the project back. A lot of people are actually FOMOing right now lol

This is one coin and situation where you need to dig deep before you invest, this made a disruption in the market and it will have a long term effect, there's an existing proposal to fork the Luna and there's a proposal to have a burning mechanism, either way, there will be casualties, either from the past or the present investors or both so invest at your own risk and money that you can afford to lose because you will likely lose here.

Investors are waiting for the best moment from Luna, they want to take part in Luna's recovery, market manipulation can be done by the development team to save Luna from the Death Hole. The green graph is waiting for crypto users, just a little Luna Gives a green color to the graph, investors will hunt Luna with varying demand. the development team will do whatever it takes to save Luna.

I don't think there is still something like the best moment the supply rose to trillions they should have stopped the chain when Binance CZ asked to do but they are non-compliant, they think they know better, there is a fork proposal and there is a burning proposal I don't think any of the two can get the old price back, there is still no decision only proposals, whatever plan they implement there will be investors that's going to lose. 
The price now is speculative and manipulated it's very risky to invest now, but very tempting.

https://i.imgur.com/ID03Kzu.jpg

If the development team really does rescue Luna for now, I think it could be great for investors and traders who are hunting for Luna, but who can be sure it's true? because I haven't read any news or statements from the Luna team regarding this issue so I still need to know the truth about this because I don't see any recovery in Luna's price for now.

From $86 to basically dust, I don't think there's "recovery" on that. Some may still buy it for the purpose of just trying because it's also cheap and it looks good to have loads of amount of it in your wallet but the problem is where you will exchange it if ever you make a little profit from the small fluctuations. The selling amount is higher than buying.  
Might as well just move on and look for a new project to invest your money with. It will just be a waste of time, effort, and money if you buy it again.

I do not remember such a coin that would give a profit to its investor during the day equal to 500,000 percent. It is this high volatility that makes traders forget about the danger of such investments, hoping to get a profit calculated in incredible percentages. Of course, not everyone will be able to make a profit, most will lose their money as always.

Most of the investors who bought LUNA when there's no bad incident happen to them lose their money due to the exploit happen to them but for people who bought at the deepest price they already earn many folds. But for people who think about entering since they got FOMO for other people maybe they should think more twice as the dev is planning to create new coin and might their investment may gone.

It's 50/50. One day it could be if they fix it and then people would of wished they got in. Best thing to do is throw a little cash at it. Maybe one day it will pay off.
My friend put in $50 earlier today, at one point it was worth $40, now it's worth around $60.  Could go any way from here. It's a proper gamble.

Taking into account the sensitivity in the crypto market, and how long it takes for a project to build a good name, and then only to destroy it because of the money greed. Luna will always be a pump and dump, only eventually to die completely.

I have a doubt luna will never see the high price again because with too much loses future investors will think twice if they gamble on this project. It was delisted on binance and that alone the risk is high though it was listed back again yet it has the hard times recovering. Let's see what's gonna be the next plans and moves of the team to try to save this project.

from the news that i read, LUNA investors in Singapore have reported Do Kwon to the police, they are demanding the losses they received and they are reporting with fraudulent investment demands.  there are a lot of people who lost big because of the price fall that hit LUNA and it has made an imprint on the minds of investors so i think it will be difficult for LUNA to recover because investors trust in LUNA is definitely lost.

Due to its continuous supply and difficult level of adjustment. In my opinion, LUNA will be easy to regain control Even though LUNA is currently trading it may drop to $0.0003 after the first big gain So for now big and small investors have time to buy more LUNA due to inflation.

Luna also has a huge supply this time and those who invested during the dip are just taking profit from every small recovery. I don't think LUNA would reach the same high peak again because lots of investors have lost their interest on it and they felt disappointed with what happened. However, it's still an opportunity for others to buy during the dip then they will sell it when the market recovers.

The fact that it goes zero, investors had already panicked and sold their coins. I think Luna is over, it will not recover anymore so we should be careful on playing with this coin because it's still trading now in different exchanges.

It's worth it if you invest what you can afford to lose, like some people who bought on Luna after it gets delisted on Binance. Most of them are holding millions of Luna which are a lot worth now and they profited more than 500%.

And it would take a while for Terra foundation to recover its loss and they need to provide the best strategy to way to protect their investors' trust and people who are new to investing.

yes you are right there is no second chance for luna, it is very difficult to go back to how it used to be. and even if all the luna coins minted during the crash were burned, it would still not be able to restore investor confidence. there will always be worries currently holding luna/ust in the future, they will always think about the possibility of the same case happening again. so I think this project will die.

ithink not. In my opinion luna cant recover this time the reason is when you look the supply of luna it will be huge so many luna mint this time and the total supply is almost 6t and the mcap is allready high. Ithink luna cannot recover anymore.

Luna coin had a little rise from the bottom yesterday. When I say a little bullish, it's 10x, but it's far from the old price, even if there is a 10x price increase. I think this coin should no longer be supported and should be delisted from most exchanges. They are still trying to save, there is nothing to save. This was the result of unlimited token issuance and high interest rates, which did not seem like a sustainable system from the very beginning.

Even if it recovers, then the luna is not in optimal condition, today there is a slight movement against the luna, but as you said, the number of luna coins is quite large, it is difficult to push it to a higher price, the hype factor was bigger yesterday, and proven that luna is not a stable coin that has the potential to strengthen after a major correction, it is difficult for luna to strengthen again in the future

With or without recovery, Luna has caused huge damage to the market and sent many investors into despair even there have been many reports of many suicides because of investing in Luna. Luna is the worst ponzi project in the history of crypto what it caused is worse than bitcoinnect 2018 brought. It has lost investors' confidence and whether it comes back or not, I hope people stay away from it now so they don't have to suffer another similar pain.

There has been a concerted effort by the Luna Foundation Group LFG in dousing out the fire before it spreads. I heard CZ of Binance has agreed to help but I also read elsewhere he denied the help. So I'm watching

And I would say it was hopeless to think it will recover as for sure nobody would buy them if they will turn back. With the damages that it brings to the community and the trust that has been destroyed, it is definitely hard to gain it back again.
Terra Luna is one of the scam projects that exist, something we need to be careful in choosing the project to invest in as it even was listed to reputable exchanges still not the assurance to be safe. In fact, Binance is also a victim of their actions and exit scam tricks.

All of these are true, they are too late to take action they just rolled up a plan and it will be roll-up soon I don't want to give a bad scenario given that they already have one now and it will exist for a long time, but any plan that they are going to roll up will be met by criticism because whatever plan they will have there are investors that will still at a loss and it's hard to get the trust of the investing community.
This is the same guy who is now getting a dose of his own medicine he is

I'm sorry for those who believed in the project and invested a lot in it, but in my opinion the luna will never recover, they have all lost their trust and exchanges compete to see who first delists the token

its depend on Luna team management.in My opinion they have a strong team.Currently we saw they plan for new road Map with new Idea.The Main reason to decrease the price is ust problem. And we all know that. If they plan on their currently supply to decrease with good planning then it will go again on top. but right now we all have to wait for news.

if you mean up by a few tens or hundred percent it might just be because binance and some big exchanges didn't delist LUNA , they will continue trading. But with current supply even if it is cut off the supply is over 5 billion when it was set and that means they won't be able to really get back to tens of dollars.

We can't deny the fact that there are still players who will choose this coin as a pump and dump asset.

They can take the risk and play along with the market movement and try to short as much as possible to gain some amount
then avoid playing long to lose a lot.

If you are aiming for a long-term project, better to sort the market and look for other coin to invest your money. Else,
you are also willing to risk and try your luck with Luna.

Do Kwon has not yet named a clear mechanism to resolve the situation. The coin is now used exclusively for speculation on the exchanges. The only positive thing may be that the coin has not yet been delisted from exchanges. But that's probably because the exchanges are now earning good commissions on it. But it seems to me that the ending here will be bad.

Today's Luna is still the same as it was a few days ago and the decline continues where the LUNA Coin price is the highest in an increase of $0.0005 US Dollars in the last two days. This is a very good sign; maybe the price increase will continue. I think so. but today the decline is quite pronounced now it is around $0.00017, and I expect the price to continue to increase and higher until it reaches $1 during this year

For LUNA will be recovered ever it seems to take time and it can't happen overnight like turning the palm of the hand.

there is already too much supply circulating in the market, of course this will make it more difficult for LUNA to increase,
to get at least $ 0.1 only LUNA must have more Marketcap than Ethereum, this makes it difficult, somehow Do Kwon solves this problem,
because many institutions have dumped up to -99% I'm sure LUNA will come back is real

Yep. Currently, the foundation wants to use its remaining assets to compensate only the remaining UST users, but not Luna stakers.
This is not good, no one will ever stake Luna anymore
Luna is gonna be zero sooner

Billions of new coins were printed.The developers sacrificed their holders to save ust... and Luna is waiting for a new life and with a new price.

It's almost having the same marketcap like bitcoin. Bitcoin is having around 700 billions marketcap and remember if this time the total circulation of terra luna was around 6.9 trillions. That means 690 billions marketcap once terra luna will be achieving the same marketcap like bitcoin.


Im not sure about this and what institution? Did you see how binance has got nothing from their investment. VC and institutions that already invested in this company has been loosing a lot.
They got nothing from what they have invested before

Despite the mixed opinions of others, I chose not buy LUNA because I know it’ll come down to the Earth even if the founder announced on Twitter that they will be having a LUNA fork and also planning to destroy UST once and for all. I don’t trust their long term plans. Even if there will be a fork airdrop ongoing for those who are holding LUNA, they will dump it anyway. So both LUNA and the newly forked LUNA, will both go down anyways.

I ended up buying Bitcoin instead at the $30k range.  ;D

Currently LUNA is doing a renewal and they want to get back on their feet, and all need a process because of the huge price decline so that to bounce back they have to trust the investors so that they trust this project again, because very many investors feel aggrieved by the incident and some exchanges are also experiencing this problem, In the near future I think it is difficult to bounce back to the highest value.

Currently the terra luna project is in recovery and many predict that the project will rise again in the near future, and they have again made a statement to eliminate disappointment for investors who have lost many assets, In this case the team must work hard so that terra luna does not enter the ponzi scheme project that wants to seek personal profit, Hopefully this process will run smoothly and can cover some of the investment assets that have disappeared.

There are many speculations that the luna team can recover it for various ways of development carried out for the sake of the community, but based on the news that they do not support the efforts of Do Kwon proposal, but nevertheless they will provide updates periodically because it will greatly affect the Luna project.

LUNA's ecosystem restoration tactics can perhaps be clearly analyzed which tends to be insane, as doge's founder suggests.

If they take a "healthy" step, it may be a bit difficult to rebuild the ecosystem considering that the total capitalization has fallen drastically while the supply is too high. Not just a loss, but the trauma that early holders felt was too deep.

I think that team of LUNA knew that some day their reward system will bring such result! but what they expect?? why they did this with their users?

LUNA will never recover in term of its previous price.

Before the crash, its price was around $80, with 764M coins in circulation, giving it a market cap of $61B.

But they increased the number of coins to almost 6.8T in 3 days (added 1.8B on 5/11, 185B on 5/12, 6.7T on 5/13), so if you simply divide the market cap before the crash by 6.8T, you would get $0.009... let's round it up to $0.01, or 1 cent.  So even if LUNA can get back to its pre-crash market cap, what was worth before at $80 is now only 1 cent.

What bothers me is that if a company wants to increase the number of outstanding shares, they would announce the board recommends it, but still goes thru the process to get shareholders to vote.  Not here, Do Kwon and his board just quietly did it, and diluted LUNA value to nothing, but did not tell investors NOT TO BUY...  Looks like a big scam to me, especially now that the UST is back at $1 and stable.

 
Don't know how I would feel about it if I had bought it at the 100$ range...

  Bought Luna for the first time ever at 0.00000something after it collapsed
next day did 3000% up sold some and put sell orders for the rest of the free bag in case it recovers

Hope it does so it buys me a Luna lambo

 Luna is the next Shiba dog coin  ;D

The hell are you talking about ? UST is 92% off it's peg and currently sits at 0.0895
Where do you get this $1 figure from ?

good catch...  i was looking at USDT (tether), not UST (terra)...  thanks.
( terra, tether, smh...  should just invest in titties and have some fun  ;D )

still a big scam to add $6.7T to the number of circulating coins though (unless you know something else I missed).

I'm not mad about buying before it collapsed, whatever the price was, when there were 764M outstanding coins ...  that was fair and square.

I'm mad about buying more when it started to get below $1 while they were adding 6.7T coins in 3 days, and kept diluting its value, while not telling investors about it in advance, or NOT TO BUY.  Didn't know they could do that because any publicly traded company would need to have its shareholders vote if they want to increase the number of outstanding shares.

UST is their priority but its current price is still below $1 and I think LUNA will be their biggest sacrifices since based on their plans, LUNA is not their priority and if you have this you can just get small amount of money if they are going to release their new token. Well, its good for me that I only bought small amount of LUNA and what ever their plan is, I just hope its for the benefit of everybody.

solution is not good for luna victims, or maybe compensation will not enough to cover investors losses. Do Kwon face serious problem with many investors around the world now , even some of them report Do Kwon to police. during this police investigation , survival plan that proposed could disturb and maybe could not running well.

Their survival plan is quiet not good but of course we can’t expect them to compensate all the losses since that’s a market result and not them, but at least they are trying to make a plan to revive this project and hopefully they can come up into a better plans. Fork might not be the best option for now, they should listen to the expert and follow their advices. Their’s a big security threat against them, if something bad happen to DK that could be the end of everything.

There will be no compensation and recovery plans are not sustainable just a heads up
Luna Foundation Guard has now dumped $2.4 billion from its Bitcoin reserves in failed attempt to defend TerraUSD peg (https://fortune.com/2022/05/16/luna-foundation-guard-dumps-bitcoin-reserves-terra-usd-peg/) only 313 is left out of over 84k Bitcoin now how can they sustain their ecosystem if almost all of the reserves are used up, they have a lot of mistakes, Do Kwon will have have to face all the accusations now of his mismanagement

I think the printing of new LUNA coins had already stopped a few days ago.  If you look at the Total circulating supply, it stopped at 65B and nothing is created after it.  The problem is that the huge inflation of token in just a matter of days that make its price drop so much.  I don't think that the market will recover soon or more probably it is better to consider our Luna investment as a lost.

There is no way LUNA is making a comeback, he is not even planning to burn the coins but planning to create another blockchain and then lure investors once again. Binance invested $1.6 billion in it from what i understand and everything is burned and Do Kwon does not care about any investors, he made his money with the scam and i wont be surprised if he comes again with a new project  :D.

it has died, the project itself has abandoned by the devs now that they are planning in making forked version of current LUNA regardless though it’s gonna be such a useless effort because
its just gonna decrease the value for both of the original coin and the forked ones.
I just see zero chance of luna regaining back its former glory because its just already being considered as shitcoin even right now so many traders are already putting this coin at the same level of meme coins, shiba coin in this case is just better honestly.

If you are not willing and ready to take that big risk, better not to touch this asset.

Like what you just mentioned, people around are tagging this coin as another meme asset, more on speculation and more on
relying on pump and dump manipulators.

It will hurt your investment a lot if you don't know how to play with this kind of business. It's much better to look for other
project to invest your money, the chance is far better unless you wanted to play and take that big risk.

Previously I was very fanatical about LUNA because from time to time the price of luna was increasing, but after a big problem that suddenly occurred, where binance had removed LUNA from their sales list, I really don't think that luna will recover from the slump because this project has been abandoned by the developer,

Reported from Twitter @WatcherGuru that LKB will report to the court about the Terraform case which resulted in prices continuing to drop to 100% which is interesting again if this is granted then all assets can be confiscated, will this be possible?
Apart from this, there are indeed more investors in Luna, which eventually fell and could not be recovered.

News source:
https://twitter.com/WatcherGuru/status/1526892163056951296
https://watcher.guru/news/terras-do-kwon-drowns-in-legal-waters-as-south-korean-law-firm-issues-lawsuit

With proper planning they can come back but it requires investor and maximum promotion. Investors have also lost a lot of money from luna so no one can easily trust the new one. Luna token has delisted almost all exchange with loss all biggest investors community and traders.

To be honest, I wanted to buy some when it dropped to $1. But I didn't. Even if it was unsuccessful, it could have been a good try at the time. But today it went down to zero. In this market, trust means everything. Luna has completely shattered people's trust. After this time, nobody trusts Luna again. At least I wouldn't trust it. :)

Yup, and that trust is no longer with the people that have looked how good it was before. But today, not anymore.
It's completely a different situation right now and people are no longer willing to throw huge money on this. For pennies, that's what I'm seeing and that's an amount that everyone afford to lose and maybe they can hit jackpot but, they've already accepted that it's a loss for them.

Yeah right, most of them if not all but the majority who before support this project already move on

to find new project to invest their money, they all accept the fact that interest coming from big investors already been shifts
due to the fact that the massive dump can't no longer be controlled.

moving forward or still try to risk some spare playing with the pump and dump market movement, it's up to the investor
who can afford to lose.

It's up to everyone if they still think that there's such money on this project. Well, probably there is but it's true scalping and quick trades but having it as an investment.
I think that everyone is going to agree that it's no longer reliable and if they'll ever invest on it, they might say that it's a no and that's not going to ever be part of the conversation again.

I think Luna has the potential to recover, if the market can improve, I'm sure Luna will immediately enter the top 50 ranking, now let's focus on Luna invest and I'm sure you can profit at least 5x in the current year.

I don't think LUNA has any chances of recovery, considering the rapid crash in the project and the lackadaisical attitude of it's developers in stopping it's downtrend, this is a big source of worry and consign, investors wouldn't want to take any risk again, they would rather choose another project, I believe LUNA is gone and might not bounce back again, lot of it's investors lost huge amount of funds in the project, it's a pity a once thriving LUNA in cryptocurrencies market gone down the drain, this sole crash of LUNA reinforced the fact that investing in Bitcoin or ethereum is credible and reliable.

There will still be investors that would follow the hype, despite this series of dump with Luna and Ust. Still, there will be some of those that would be putting their trust in other projects that are likely as these two because they're not Luna and Ust.
The different of the investors that are aware of these projects that don't look good, they'll secure themselves buying bitcoin as their main priority investment before they throw hands to another project whether it will be good or bad.

Terra must skyrocket and reach at least $ 50, if this year cannot reach $ 50, I am sure Terra will die and be left by investors, this is an important lesson for Devs. that when they make decisions that are contrary to market law with the aim of big profit, it will certainly be easily known.

I am not sure if LUNA will rise again as it was before, because many people lose interest in Luna and there is no more Trust in the project anymore. Since I started trading, I never see a coin that dip like LUNA, because the dip is too much, so Luna have lost the trust from the entire cryptocurrency community, I am not sure if it will bounce back again.

Terra Luna will have to struggle to realize that $50 price in the market and I think it will be very difficult for Terra Luna at this point because to reach that $50 price after such a huge decline, it will certainly take time and a lot of struggle for them. Terra Luna.

Currently the LUNA team is working hard to revive the value of the coin that has dropped dramatically, and they want to replace the classic LUNA with a new LUNA so that the price change will increase again in the near future, but I think this will be difficult because many investors are starting to doubt the coin so they will look safe first and do not want the loss to be felt a second time.

Only time can tell about Luna's recovery, most of the investors who invest big amount of money on luna are losing 99.9% the trust is also loss this time and it is really hard to trust on the projects that make us disappointed.However the future is still depend on the teams development plan in the near future so lets just wait for the next update.

If the investor's trust has lost so much in Luna, it will be very difficult for Luna and her team to recover Luna and provide a good update, especially this year because Luna's party still really needs investors at this time. And that has become an obstacle for the Luna team at this time.

I hate to say this but I don’t think it will recover. As you can see, Do Kwon is facing a lawsuit from a South Korean law firm and also a tax evasion case of approximately 78 million USD. With these bad news going on, LUNA will plunge even further even with the proposed fork. Most likely those who have hold some LUNA will just simply dump the newly-forked tokens and even drag the original LUNA and UST into it.

His chances of making LUNA relevant again are zero to very slim. This will just end up as a new memecoin instead.