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There are so many questions that I come across about Terra Luna Classic. starting from whether to rise again? will it return to $1 ?
and I also can not respond because of my limited knowledge about this.
maybe here friends can explain a little about the possibilities that can happen to this Terra Luna classic coin.
I will appreciate any of your opinions. because good conclusions can not be drawn if only done alone. it requires collecting data from multiple sources and many people.

Terra is off the rails now. No amount of fundamentals or technical analysis can predict the price. People are just gambling, many are aware of this, some aren't

It is highly unlikely. Even if the coin miraculously recovers, it will not be easy to restore its old glory and people will be sceptical. Simply put, this experiment failed miserably. And the future of this cryptocurrency seems bleak.

For what I can remember in the history of all cryptocurrencies no one has ever been able to recover from such a collapse.
not only the "fundamentals" are lacking at the technical level, but also at the community level there is a sentiment against "the old value".

let's talk about a rise x10000! basically this is science fiction!
in practice, it has been clearly seen how such a coin can collapse... the exact same situation can occur again in the future!

It will never go up to $1. There are too many tokens now in circulation. For the past days we saw an exponential downward spiral where more and more LUNA were minted in a desperate attempt to maintain the peg for UST. Unfortunately there are too many UST still outstanding and LUNA's marketcap is already way too small to stay a reserve currency for all those UST. I would stay away from LUNA, whatever they try to save it, it won't be to the benefit of the current UST or LUNA holders.

What’s the current deal between CZ?
LUNA can burn their supply, and that could be a game change especially if they are going to burn more supplies since right now minting is not possible. There’s a lot of new investors because of the current HYPE, we can’t really know what’s next for LUNA and since the team promise to stay, $1 can still happen in the right time and many will surely be happy to see that price again with LUNA. High risk, High reward better to know your side now.

The HYPE is on, now they are trying to pump LUNA so those who are trap can still have the chance to sell their holdings. Be greedy when others are fearful, this is the quote circulating on social media, it looks like everyone jumps in when they saw 1500% pump today, this is risky and you should be ready for whatever the result is. Many already lose money with LUNA, just use your extra money and invest at least a small amount of money. If LUNA can hit $1, most probably it will rise higher but of course this will take more time.

It will never go to the $1. I just remind you that if this token has no chance again to go to the big rate like that. The fact that the supply was more than 6 trillions and with 1 dollar value and the marketcap will be even doubled compared with the biggest company in the world like apple. This is a non sense thing to see a company with garbage product can surpass apple just used FOMO. That thing will never come true

There is really nothing that I could see right now that Luna could do to make it go back up too much. I hope that it would, at the end of the day too many people lost money and I would love it if the price goes back up so that everyone would earn, why wouldn't I want people to earn, but I doubt it. This is the dilemma of the people who are realistic, if you are saying the truth that you believe, then it will be quite difficult for you to get liked because you are saying things that people do not want to hear. I keep saying not to invest in Luna anymore, but many people think that I am just a hater, when in fact I am just trying to protect them.

I think it's almost impossible to happen, people have lost their trust in Luna and UST, now luna has an enormous supply of more than 6 trillion, to reach $1 then the marketcap will be more than 10 times the current BTC marketcap.

can if terraform labs want to buyback and burn the total supply currently circulating. currently the total supply of luna is 6t, if burned in half or even left less than 1t, I think it's possible. But if they don't, don't expect Luna to go up. I even doubt that Luna can maintain the current price.

I read all the replies friends above. and said it would be very difficult if terra luna had to go back to $1. and the thoughts of friends above are very acceptable because it is as you and all of you said, namely with the current supply it is very unlikely to return to $ 1. unless the team burns coins. and i see comments suggesting do kwon to burn terra luna to reduce circulating supply.
even CZ binance came to the point of commenting on this and suggesting the same. and what's interesting is the problem with terra's BTC which doesn't seem to have been used to buy back to restore the price. and CZ commented on this in her twitter. The point is CZ says where is the BTC which they say is for UST backup, why isn't it actually used for backup? Cz Binance Twitter (https://twitter.com/cz_binance/status/1525448766274289664?s=20&t=1aT5-oODM3k2Qwf64Es2Xw)

Paranoia with thoughts of a failed project. Look at their justifications; at least, that is how I would expect these guys to compensate for their mistakes.
And personally, I don't participate in the game that people think is luck here because it only has to fail :) , I have also seen some friends who have spent money to buy again when the price of the fish is too much 0 but they still suffer the pain of not controlling their own money. For those who have money left over, pay attention to buying coins like BTC ETH BNB... because it won't fail like LUNA. Take a look at the last few days after strong market volatility. I'm sure you guys elephants have hoarded more crypto for their own use and will have the tricks to push the market price again. We sold investors will spend money again to save the losses and scenarios during this period, which perhaps will be even worse.

CZ Debunks Rumors that Binance Invested $300m in Terra (LUNA)

https://twitter.com/cz_binance/status/1525754773626097669

Binance's CEO has also urged the Terra team to be more transparent, in particular in regards to on-chain transactions.

https://twitter.com/cz_binance/status/1525754777170231298

I don't think it will come back anymore to that price, and it might just be the end of Luna. It has just collapsed to the floor and can never go back to its original glory with what happened to it. It's like making Bitcoin history again with the price increase you will make. It can be a gamble on what it could be again, but that's speculation.

Definitely NO way with current circulating supply and how fuck up the UST is. In case it will go back to that price again, They will need to burn all those Trillion Luna supply and make it below 500M Luna circulating supply again. It will need billion dollars fund to make it happened and in case they take the hard fork way, I'm sure no one will ever trust Luna again and those old token olders will rush to deposit on exchange just exit with good price.

Luna already show the hell on it's investor by doing poor leader in times of attack. This will not happened they allow UST to solo received the attack and leave Luna out of it. They can always buy back manually once the attack is over yet Do Kwon is very egoistic to continue the UST pegged to Luna code.

One more thing, reserve funds have not been used to save the Luna ecosystem, he only sacrificed investors who were deeply injured. if he really cared about Luna he should have acted quickly, but on the contrary it seemed as if he wanted this to happen.

I heard that do kwon is not using his bitcoins as a peg recovery effort. but there are some tweets that say it's been done, but not able to restore the situation as before. There has been a lot of speculation about terra's bitcoin reserves, but nothing can really be proven because from the start the terra development team seemed closed about the matter. even cz had to suspend luna's trade yesterday so he could be responded to by the terra team.

but in my personal opinion, if terra still has funds (bitcoin) there is still hope for it to recover.

Honestly speaking, I doubt it, but for the sake of fairness let us give them an ample time to implement a solution that they want to do, and let us see what will be the outcome, its a big problem that needs a big solution so it's up to them, Anyway $1 per Luna was still possible if they can successfully fixed the huge Terra Luna problem.

I think a lot of people started buying when Luna was up thousands of percent after the crash.
I noticed something odd which was quite significant between one of the exchanges going up 1000% more at the same time the trust wallet went up to 2000% more.
is this manipulation?
many of those who have bought have problems.

Expecting this token to surpass the old ATH that has ever reached by bitcoin to surpass 1 trillions marketcap? Is this a joke or what? You can answer that easily based from tokens that still int he circulation. There was no possibility even a mircle will not even make the price to go back again to the 1 dollar.
The price will still remain the same right now.

This coin will remain zero and this will be last forever. Those who have been investing this early already lost a lot of their money. I see no possibility for the recovery to happen.

Do people still want to invest in Luna after the dump that create a huge chaos almost all around the world? Come on,  people, I hope this will bring a clear message that investing in altcoins is too risky if you didn't know what you were doing. It does happen in the past where a certain project pumping too much due to hype of the market but as time goes by there will be a point of time that these hyped coins will eventually crash. This is not the first time I saw a crash about crypto currency since it does happen often in the past so consider yourself lucky about your investment if you choose Bitcoin instead of hyped altcoins.

the high-risk speculative move is "okay". you can try it maybe it can work in a specific situation like this and price has surged from
0,00003 USD to 0,00024 USD ...
those who likes to take risk, they can always made an attempt. but if they don't sold on the right time it is very likely to remain "with nothing in hand" and they are playing with a bomb that's it's like to explode ::)

I have read many comments around social networks of people who buy thousands of tokens hoping LUNA it will return at least to 1 dollar ... this is the problem, I consider it a reckless risk especially in the case of substantial investments...

It seems that good news about Luna Terra's fate is starting to emerge starting from CZ's support and there are rumors of vitalic tweets that seem to be helping Terra. I myself decided to buy several tens of thousands of Terra Luna coins. for only $10.5 dollars. so I will not feel lost even though the price will not go up. but if the price goes up then it will be great luck. I think the risks and rewards are worth it.
I still see hope in Terra even if it's dim. because I saw that many exchanges started to open spot trading to luna/usdt like indodax and binx dan luna/busd like at binance. Of course, the exchange will not take this step without good reason. Stay DYOR.

No one knows the future of LUNA on this situation because obviously it is getting worse up to now, and there's already some rumours that the team of luna has a plan to launch a new token in the market instead of fixing the project itself, where in, because of some reason , so on that case if it's true surely it will become more unpredictable for LUNA if there's still a chance to recover or not.

it's not a rumor anymore but a few hours ago do kwon via his twitter has announced it. i.e. there will be a launch of luna 2 and luna classis will be $LUNC and new luna will be $LUNA.
even though I see the majority of comments are looking forward to burning the current Luna supply. and buyback for UST. as suggested by Cz binance on his twitter account. But maybe Do Kwon has other plans that we can't predict yet. and Do Kwon said he will not leave terra and will continue to fight to rebuild Link (https://twitter.com/stablekwon/status/1526258293714190336?s=20&t=OzuBLvm_B6CftDmDebuoeQ)

Now, lies how sincere is Do Kwon in rebuilding this project. But if in case he will continue to rebuild this, it would take time and no one knows to what extent he will develop these new plans. Remember, he can always say they haven't benefited from this current crash, but in my mind, they already have pocketed a lot of money because of this project. So they are not too worried about themselves not getting any from this current situation of Luna. The holders can just hope for the best because the current price tag in the market is really really discouraging.

Yes, it's like what you said. and we can also see that their reputation has been destroyed and it is very difficult to build a reputation to be trustworthy again. and I also think they have nothing to lose and today the price of luna fell again after the community found out that the assets that terra had to back up prices turned out to be very few
that is :

Sourch Link (https://twitter.com/LFG_org/status/1526126716388749313?s=20&t=OzuBLvm_B6CftDmDebuoeQ)

Okay lets check out its circulating and total supply.

Circulating Supply
6,532,236,077,580

Total Supply
6,907,376,873,282

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

So if we do speak about $1 then how much the total cap?
It would be surpassing Bitcoin.So it does mean its impossible.

Not a chance.  They liquidated themselves into a complete mess.  Too much coins now for it to ever even sniff anything near $1.  People will talk about it for a bit and eventually it will be worth zero.  Don't bother

youre right, well a few hours ago it was announced that there will be terra luna version 2. and the current terra luna coin will become $LUNC coin and the new coin will be $LUNA. this signifies there won't be a coin burning attempt like many suggestions have gone into the terra team themselves. because without burning it is impossible to return to $1 with the current supply. but burning also requires a lot of money and seeing as their assets are far from being expected, they are still large and in fact few. then maybe that's also the reason they prefer to make new coins.

I don’t think it will ever go back to its previous market cap. After what happened do you think anyone will trust the project anymore? Would you ever use their UST stable coin? Most likely not.

If it does relaunch I think I’ll be pumped at the beginning however I don’t see it ever surviving. The way they handled this entire matter was unprofessional and trust is just lost. Let’s just hope the small holders of UST get made whole at least.

Is this for real? Luna version 2 will be worthless but you can expect luna v2 to worth at least a few dollars but im not sure about this since the trust from the community already gone. The supply will be going back to the 1 billion again but in this case the trust was the most important thing and so when someone hodl thousands luna during the peak price of old luna and he was being compensated with low amounts of luna and he was facing permanent lose for their investment.
Going back to the $1 is impossible thing for the old luna but not for the new version of luna.

It is clear that his plan is not to revive Luna or anything like that. His plan is to keep being rich and that’s it. They already have millions of dollars, and maybe they spent a lot of it to recover but they had tens of millions of dollars at one point, maybe over 100+ at the peak level? So that means, if this chaos cost them that much money, and they have only a few million dollars, that is not good, after paying everything off, they can't just leave and be fine with it, they will hate that, they saw so much money, they can't just accept the current situation.

This is why I believe they are trying to do this just to get rich all over again using their "reputation" which is in shambles right now.

Why are you still curious about Luna after the crash happened to that token?
We do not know if Luna can go back to $1 because this token has lost the investor's trust, although right now, you can see the trade for this token continue.
Maybe people still want to make a big profit from Luna so they buy and sell this token and wait for the time.
You can only hope this time and wait like the others if you want to see Luna return to $1.

In my opinion, it is impossible for LUNA to return to the price of $1, after a very drastic price decline, LUNA will definitely lose the confidence of
investors. So we no longer need to be curious about LUNA's future, it's better if we move on from LUNA and look for other more promising projects.
It's too risky if we decide to buy LUNA right now, even though the price of LUNA is very low, I doubt that LUNA can recover again. So expecting
a big profit from LUNA is like a fantasy. So think carefully if we want to invest in LUNA, do not let us regret in the future.

A very big destruction that has occurred, and terra luna took a long process to be able to get back up, and for the achievement of 1$ is certainly a very high value to achieve because the current price is so low, but if team luna really wants to make a big recovery of the coin then all can happen and in the near future, Because in the crypto world anything can happen and it is difficult for us to predict exactly.

With 6 trillion coins printed into existence and currently in circulation rn?  It def will not go back up to 1 USD.  Think about it, 6 trillion USD market cap?  Lmao.  Just stay away from LUNA, it'd be dumb to buy it in hope of making it big.  Do it to scalp a small gain here and there but don't scam yourself into thinking that it'll go pump to 1 USD and you'll make a shitton. 

And if anything, this project is dead.  If not this year, give it a couple of years.  Their community is on a different level of hopium if they think everything will be ok after this.

with a very large decline like now I think luna is unlikely to be able to rise back to $ 1, because if a token experiences a deep enough decline then it is very difficult to grow back, because luna takes time and process to be able to make terra luna grow again moreover, the current price is very far from $1, which is $0.00018 for a while I personally avoid tokens like this and prefer tokens that have strong fundamentals such as coins that are in the top 10 CMC.

Trillion marketcap for a failed project like this? this is a non sense thing and what in the world of company that already achieved such more than 6 trillions capitalizations? that doesn't even make sense to happen. Im sure putting like 0.0005 USDT or even less makes more sense compared when you are mentioning less value than your prediction. something that already dumped so hard like this has no chance to go up again to reach 1 dollar valuation for each coin. You should not be a delusional guy. This is based for yourself.
Think rationally and you know if this will not go back to the 1 dollar again

True, no one knows the future but we can predict from the steps they will take. Actually this is very unreasonable, like a token that is a scam. But from some social media news I read that Luna has sold their bakup assets in BTC. That they use to buy UST to stabilize the price. There are also offers from Polygon, but Luna must log into the Polygon network. Even earlier I had time to open FB Vitalik is also ready to help. But I don't know if it's just nonsense or true. I think at this time luna is suitable for scalping, Luna's movements are so unstable.

Vitalik involvement is not a bullshit, because he also provides the best solution for luna, you can't compare them with shit influencers to try to manipulate prices, so I think you should be wiser in judging things because they will be helpful for the Luna community.

Not if you take burning into consideration.  Keep in mind the price for one LUNA was over $70 at some point and it did not have a trillion dollar Market Cap because the supply was much, much lower.  I know burning is probably not what will happen, but this is still a possibility.

-
Regards,
PrivacyG

Impossible to happen with terra luna. Inflation was so crazy and holders are complaining about this. With the current value of luna and how many billions of money needed to pump it back again tot he $1 rate. The wall become even bigger once you are pumping the price of luna to go up and the developers have no money for this caused by they are bankrupt. Doing the fork was the way for them as this doesn't require billions money to pump luna again

What I am curious about this project is, are luna developers really bankrupt?
Or they are hiding their wealth in other means, like the money they got from selling their bitcoin?
I don't think the devs are the ones who suffered most in this catastrophe, but it should be the holders who didn't know that this is coming to this project.
I don't want to think badly to the Luna team, but I have the feeling that they know this is about to happen, so they already took care of their pockets before this happened.

Yes, it's very difficult for Luna to gain the trust of investors again after what happened with them.
There are many more promising projects and I'm sure we can find some good ones.
But we also don't know what will happen to Luna later because it looks like Luna can still survive at the bottom.
If people still want to invest in Luna, let them be and hopefully, they can analyze the risks before acting.

After what happened to LUNA this past days/weeks? maybe this is not an easy task to answer because LUNA have come so High recently then just after a several drops? it fell down this hard?
Lucky that i sold all my Terra Luna in January so I saved my funds and now planning to invest in different altcoins.
sorry for the losers .

I see that Luna price is still low because there is news from the team about the voting for proposals that have been submitted by the team, they also have a discussion forum to receive the best suggestions for the continued development of the Luna project for the better. So investors and traders have high hopes for a massive recovery, which is likely to be realized if the community supports it.

With too much bad happening to LUNA nowadays? even a Penny is hard for this coin to be predicted because this will sounds like a misleading scenario .

LUNA once a Best coins specially when it reached the ATH but now that it has been denied by the biggest exchange ? wondering if there will be a easy recovery for this coin.

I think to reach 1$ for terra luna at this time is a very difficult thing, because the price decline that occurred is very large and this project also there is a threat of removal by several large exchanges that are currently very disappointed and feel harmed by the project, then if there is a new update made by the team to again lift the price of terra luna then it takes a long time to get the highest value as it has ever happened previously.

I don't think it will happen so. My friend spent $4 near the bottom on Kucoin. It's with 200+ now. Holding until the final network snapshot on May 27th, and dumping the spike that will likely occur just before the snapshot.

I think it is very difficult for terra luna to return to $1 because the current decline is very deep, besides that what makes terra luna even more devastated is that binance has removed terra luna on their platform, of course this will boomerang for its development in the future, even if the development team can raise Terra Luna's popularity again, it will take a long time and process and of course there is very little hope of success.

So, will you pay luna tokens with your money and burn it when luna foundation didn't have funds on its LFG to be used to buy back and burn the token? CZ was saying it as he doesn't know if LFT already empty and people didn't know where the funds are going on. There are so many questions about the reserved funds that have not even answered yet by luna team for this.
There are bunch of critics in twitter regarding this. This is not even solved and another problem already appeared like south korean was taking a serious investigation for luna. Luna even owe the taxes

In the first place why they need billions in circulation though?

Anyhow, I agree with most of the posters here, it will be hard to get back to where it was previously. It they survived this bear market then good for them. But I don't think that investors will likely pour their money on any project that Kwon Do will touch in the future. They have learn their expensive lessons from this person already, and maybe he is one of the most hated crypto personalities right now.

well, seeing the price of LUNA which used to reach hundreds of dollars, it was a pity. thinking about the price in the past, I think $1 is not a difficult thing if this project is still as it used to be. Unfortunately, the flaws in this project lead people to think that even $0.01 is very difficult to achieve. I think the CEO is also thinking the same thing, because of that they are planning to launch LUNA V2. however, for now, the price of $1 is a very difficult price to reach, even when looking at the marketcap of this coin, it makes people depressed. Personally, I'm also still holding onto this coin, but I'm not expecting so much.

The price of luna is still dumping right now. bitcoin has been making it to have the worsts performance again. People are still betting into fork but im sure that majority of people didn't even agreed with the new proposal as they want burn not fork.
We will see whether the price of fork coin will be even worthy than the old luna or not. Im feeling skeptical about the future of this company. I feel something shady happened with it.

People are still dumping and they didn't care anymore about the final snapshot. This drama is also become even worst

Terra Luna has gone down too deep now, I think it's no longer possible for them to get up, especially since the developers didn't save the coin, they even added more supplies to make the price drop even more.
no one could recover with such a heavy devastation like the current Luna.

They can burn the tokens, or relaunch as Luna 2 or whatever but I highly doubt they will get the same trust as before. Also to make matters worse. Stocks are crashing, crypto is crashing, nobody is going to invest in this risky project anymore, at least not now.

I don’t see it being in the top coin market cap coins again. However this is crypto and weirder things have happened. Like the whole Ethereum and Ethereum Classic launch.

But the vote also doesn't necessarily push the price up because what investors have experienced is very painful and many of them doubt that Luna can go up to $1 again.
Maybe Luna can go up to that price, but I'm not sure it will happen anytime soon because it also requires the trust of many investors to return to Luna.
In the meantime, we can wait a bit to see what the outcome of the vote will be and what Dev will do.
And if it can bring about a big change for the Luna project, I think the price is still likely to go up again.

Luna became a coin that made many people suffer. People do not want to believe this decline and hope that it will return to its old levels. That's why he's after buying from the lowest levels and making a lot of profit. but I don't think it will come back to old levels. even if that happens, it may be after a very long time.

Maybe after the voting is over but somehow Do Kwon can convince the Luna community to fork because many people are against his decision, so the old Luna community is still hoping that something big can happen to minimize the losses from the Luna coin crash.

So, it went down like 50000% or something, is there a chance it might go up 3x what it is now?

The old Terra Luna is already dead, so don't ever expect it to come back to $1 in its current form, but if a hard fork happens on Luna as it was talked about and a new version of Luna with a lower Total Supply and the old coin is abandoned the Luna could get its value back by A bit of support, I heard that Luna 2 will be released soon as 35% will be distributed to old Luna holders and 15% to newer Luna holders, the coin team is doing everything they can to bring Luna back to life I hope they succeed.

Yes, I totally agree with you that Terra Luna is unlikely to be able to repeat the achievements that have been made in recent years, and everyone is so if very disappointed to have to buy this token again, but for those who want to try investing with Luna, it's worth it You change your plans and choose more potential coins like polygon matic and solana because these coins have a very good future,

This dream is never come true, because of LUNA circulating supply. If it will reach 1$ then LUNA will overtake even Bitcoin. So, it’s never possible for the current 7 trillion of LUNA supply. I don’t know team will take decision or not if burn supply which they minted for the several times otherwise there are no hope LUNA will go back at least 1$ in the future.

The only way is through burning, the current supply has inflated so much that it reaches trillions, I doubt it could ever reach $1 ever again unless they do a massive burning.
Not to mention that so many traders out there entry in LUNA market when exactly the value has become so low that you could get millions and even billions of LUNA at relatively low value,
the early LUNA holders of course gonna be mad if they just burn the LUNA and not make a new ones, fork does make sense I guess.

I would understand if the question was UST, because that is pegged to 1 dollar and even that will not return to 1 dollar ever again, we all know that it's depegged and will stay that way. However, if the question is Luna, that is even more unlikely because we are looking at something that is quite low on price and will not recover.

This is of course a warning sign to all the other stablecoins that are algo based, get away from them as soon as possible. I personally invested in some and got away. Just realize that what the market after is just money, no matter how they do that, so it is totally a difficult situation to be in at any given moment.

There is no chance to go up again. even the announcement that came from the new proposal didn't give impact to the price of this coin. The price of UST and luna keep dumped so hard to the bottom. people have been loosing a lot of their money. Im sure that now so many people that hodl UST have been trying to sell their UST to the market. going 3x from the current price was almost an impossible thing. UST keep dumped so hard and the inflation is still going on.
There's no hope anymore for this coin. So many people who bought at the bottom are still believing this can make them become new millionaires

That is the reality. People have become so emotionally attached to these coins that they are buying these coins at every dump. One of their hopes is that the coin will recover and regain its previous marketcap. But in reality the chances of this being possible are very low, as there is already a lot of negativity in the market about this project which will be very difficult to overcome.

So the good thing is to give up all hope from this coin and look at other projects that have a lot of potential for the future.

A lot of people have bottomed on Luna, many investors are holding millions of Luna tokens. let's say if Luna goes back to 1 dollar a lot of people will become millionaires thanks to Luna, becoming a Millionaire with luna this is too much of an illusion. The question is who will pump the money to bring Luna to $1 and let investors sell them.
I think Do Kwon won't be that stupid, they decided to fork luna just to compensate for a small portion of people who lost money for holding Luna before. This is considered the perfect escape plan.

Luna will not back from his old value,because most of the investors loss their hope on Luna. Instead of making your investment in shit coin Luna. You can blindly inverse on the Ethereum,it will give you double or triple of invested money in a few months of time period. Just hold your Ethereum for the long run for the good profit.

to luna holders or those who are new to investing with luna, I hope you don't have high hopes for the development of LUNA in the future, because currently the price of LUNA is almost close to zero, and I think this coin is dead because it's been abandoned right now by the developers, but even if LUNA can grow again I think it will be very difficult to reach $1.

after what happened to Luna and UST. even people are getting scared and worried about USDT. and if you look at the market in the past week. USDT sales volume increased rapidly. because maybe they are scared. What happened to UST they feared would happen to USDT as well. but what amazed me was that the massive sales of USDT didn't seem to have any effect on USDT. which indicates USDT can still be said to be safe. because it turns out that when the big sale hits them, USDT can still hold on to its price. it signifies the team's preparation and the quality of USDT is very good. although now I see people starting to choose BUSD as their stablecoin of choice.

There are so many new luna holders because they have been speculating for instant riches from the expected recovery to happen soon, instead of the prosopal program from Do Kwon overriding the suggestion to stay focused on developing the old tokens and not burning the supply, but they just focus on the purpose of the new luna tokens so it is very sad that the recovery of investor funds is not being restored as it should be.

Not an expected statement among the old investors of the Luna. Why you guys speaking about the coin which already had his funeral last week. Being a investor,who will again invest on this shit coin. If anyone invest on this Luna again. Surely it’s like missing of your suitcase with bulk of dollars. Don’t do this blunder again.

nothing can be expected anymore from luna except a regret for those who invest their money for this trash coin, and for those who want to take a chance in adversity I hope to sell it soon and don't become a second victim because luna is no longer tame like a dog discarded by the owner

Now to invest into Luna is really a question. I would invest into Luna only if i can kiss that money goodbye. Too maybe risk it to take some risky profit. But the way its still dropping its unlikely that it will go back to 1$. They need to fix a lot of things to make this project great again.

There are still so many delutional old and new investors of luna. Bunch of these people were on the binance telegram group. They keep talking bullshit like the price will be going to the moon again after 1000000% dump that happened with it but yeah i guess some people become crazy as they are loosing their life caused by luna. The government is still investingating the luna developers. That's good thing to remind them to use their logic to think the possibility for luna to go to the moon again or not.
This product is done for now. This is already dead project.

This is a Year time question mate to be answered , LUNA had become a Scam project nowadays and with this? who will invest for this coin to attain again that 1$ value ?

I can feel that you are one of those who had been locked in the dumping and now desperately needed at leas 1$ price to get out , If I were you ? best to keep the coin for long or sell it now , depend on your needs and trust about this currency , but for me? i will rather keep it as it has almost no value nowadays.

I did see it a few days ago. but usdt has much longer experience than UST so I don't think USDT will collapse at this time like UST. so the worries of USDT users have now subsided. even USDT has been in crisis a few times and has even been hacked in the past. but they always get through tough times. and get back up. Armed with this experience, I think for now there is nothing to worry about USDT. even though I still saw the USDT sell-off increased yesterday and many have switched to BUSD. but now it looks stable and balanced again.

UST and USDT are built on different collateral. With USDT, it is fiat-backed stable coin. With UST, it is crypto and algorithm backed stable coin. The part of algorithm makes it very vulnerable to collapse.

BUSD is similar to USDT that is fiat-backed stable coin. So no matter what happen on the market, stock to crypto, they are safe because one dollar is one dollar forever. It is just their purchasing power can be lost by inflation only. USDT and BUSD don't lose its peg like UST if their stablecoins will continue to be 100% backed by fiat.

Indeed, our best choice is to just hold the LUNA that we have, because selling the LUNA that we have now will only make us lose money.
Being forced to sell at a very low price like now, only makes us more stressed because LUNA is already very worthless. We can only hope
that LUNA will recover again in the future, although to be honest I'm not sure LUNA will recover again, know that many investors have been
harmed by the decline in LUNA prices. It is certain that experienced investors have lost faith in LUNA and may not buy LUNA again. Maybe
if someone still buys LUNA, it's because they still believe in LUNA's future, that's also definitely not a lot. Or it could be that the person who
bought LUNA was a newbie who did not have a good knowledge of the crypto world. The conclusion requires a miracle for LUNA to return to
the price of $ 1, because it is almost impossible for LUNA to recover from its current condition.

USDT is always stable and balanced in every condition even when it is in trouble, and from that everyone can also conclude that USDT is a stable token that already has a very strong foundation so that it can always be stable in all conditions and will not experience anything like that experienced by UST at this time.

the developers of Luna seem to have given up, they can't save this Luna coin anymore, this can be seen from their Tweet on Twitter. now that Luna has fallen too deep in just a few days, I don't think this coin will be able to rise again. if indeed the Devs want to save this coin then they have done it when the coin fell not too deep.

It is sad that with a single mistake or bug in the system can make the whole project collapse in an instant. I guess this was one of the disadvantage of cryptos. That is why we must choose wisely and more important is don't be greedy but sell when you think your profits are already huge so that you won't regret if something bad that will happen eventually.

Once trust is lost it will be hard to regain it again, this is why I don't think luna can recover as most of the people and most of the exchanges have already made their decision final and that is to abandon this coin permanently but for sure the people behind this are going to pay for what they have done in the public.

It's good if they want to pay for all other people's losses with openness, but all of that is true or just sympathy to attract their attention so that they return to trust in the square.
And I also think that even if they wait for them, all the losses they have experienced have been paid, but they certainly won't easily believe in the square anymore and they will also be more careful.

We need a lot of money and new reserves, I can't imagine where you can find so many new investors in such a market now.The reputation of the project has been lost, people have suffered huge losses that they will never recover.

It will be very difficult for the team to build new trust in the circle of investors now, especially when the conditions are not possible because investors have suffered huge losses so it requires a lot of motivation and time to be able to trust Luna again.

That circulating supply issue could have been solved if Luna team wanted to, but they failed and they are never going to recover. If I had as much money as they had, I would simply just get as much luna as I possible can, and even UST, and then end up burning them and getting them out of the circulation and that would be awesome.

I personally like to make them realize their mistake face to face so that people would actually be voiceless, they would stay speechless when you show them how they could have forgot about their personal gains and focus on something that is a bit more personal but they do not do that and they just care about the money in their pockets and prefer not to fix it.

The amount of coins that they have at this point is the reason why it would keep it being a problem. 6.5 trillion coins means that if it is 1 dollar then it would be 6.5 trillion dollars and right now bitcoin is 555 billion dollars in marketcap, hence why I believe that it would be funny to imagine that.

The best I can see right now would be 0.01, so 1 cent, in that case it would be 65 billion dollars, and that is the best it could ever reach, which is doubtful. Even 0.00001 would be a challenge at this point, which is 650 million dollars and its going under that level, just wait and see. I know that its looking higher now, but it will get there.

after what happened today where the price of terra luna fell too deep, the decline almost reached 100% I think it is very unlikely that the price of LUNA can return to $1, but even if it happens it will not be easy, LUNA take time and a long process to It to make LUNA able to re-develop and be liked by its users.

Even this project turns out to be shit but its not really bad to play with the price yet increase in 20-50% is really just good for you to play on but of course this do really impose huge risk.

Dont anticipate nor hope about getting to 1 buck.
Current supply?
6,907,313,084,536

You cant expect that it would really be going that far but you could actually make out some money or profits on playing its price movement.

It does make sense though, I mean we are talking about USDT not being that great neither, nobody has any reason to believe USDT at all, why would we trust a company? At the end of the day, Tether is just a regular company and people trusted 80+ billion dollars which makes no sense to me at all. They could literally get away with all of that money and there is nothing anyone can do about it.

Sure, you could sue them and all, and the owners of the company could be looked after all around the world to be jailed, but if they are in the nation they are based in, and they could take their money out, then they could be doing something free to them so why trust something so dangerous?

If you do your research you will find that it was a scam from the start. People shilling UST and Luna now are bag holders trying to dump on moonboys that don't know any better. Technically, there is no way to recover the chain because it hyper-inflated Luna into the trillions of supply and there is no way to stop it without a fork. Nobody trusts Do Kwon, so a fork won't fix the problem. Fortunately BNB chain and NEAR are reaching out to Luna developers to migrate to their chains and CNDL is offering dev bounties as well as airdrops for people who lost money in the Luna scam. They have a bounty program to test their new chain, which is technically superior to Luna anyway.

It will never happen. Only people that can't think properly will think if luna will able to reach $1 again. The marketcap will be 6 trillions for a scam project like that. That doesn't even make sense but so many crazy people in the various groups like CMC was thinking that will likely to happen.

It's not easy to recover the whole of disaster that already made by luna developers. I think you must also aware about so many projects dead were unable to be recovered again.

I think this is a funny question. Cause now the Luna's supply is more over 6.5 trillion this is a huge amount . If luna go back to $1 dollar then it will take the all market  ::). Now let's come and talk about burning , Before talking about burning, let me tell you that Lunar founder Allready has said that burning will not do anything. So there's no chance to burn this coin by team as if they have not the ability to burn this huge amount . So at the end of the day i think it will be disappear so don't invest in luna for long term . If you wanna trade on in do short-term trade and take the profit out

gonna be frank that the distribution system for luna 2 doesn't seem really fair if the newest holders could get millions of coins with just few dollars investment.
it's just as stated by the former binance CEO that maybe it's just better if the LFG gives reimbursement instead of just forking the project because it seems like the LFG team behind the LUNA just wanna get away and maybe walk away from this billion dollars disaster and start anew with the LUNA v2 that doesn't really seem fair in the eyes of veteran luna holders.

The team's intentions may be very good, but those intentions will be in vain if they don't have enough funds to carry them out. I still think that forking the network is not going to solve anything, I think that at this point no one in their right mind would invest again, but there are still many investors in the original chain, and the team must think about them and the amounts of money those investors have lost.

$1  ::)

Why in the world would anyone buy luna at this point.  How much writing needs to be on the wall at this point.  If anyone needs to throw theor money away just throw your bitcoin at a charity rather than buy this hot garbage.  Seriously, it's over for luna.  They've been exposed.

You are right. Even now, Luna's Binance Trade is not being held again. deposits and withdrawals were again suspended. this happened after Core Developer Terra got approval to burn 1.3 billion UST from its community pool after voting.

This may be good news but it won't have much effect either. so you are right instead of wasting money
better leave it to a charity.
put money by buying luna which is high risk and has lost trust. not recommended. but still everyone has their own thoughts and choices.

I also think that now LUNA is garbage, and those who think LUNA can come back are those who have already bought it either before the crash or after, thinking that they will hit the jackpot if LUNA can reach high prices again.
Moreover, the scammers have taken this opportunity by creating a new LUNA token 2.0 https://cryptopotato.com/scam-luna-2-0-tokens-are-already-running-wild/
and this will make it even more difficult for the LUNA team to re-raise this token, the right words are the game is over.

It's bad you have to be careful. Many bad guys took advantage of the moment of panic. You have to be more vigilant. Of course, all investments are very risky and sometimes we have to do it. But hoping Luna gets back to 1$ is like a dream. This is because Luna seems to be giving birth to a new Luna through the HF proposal, so as long as Luna's circulation gets bigger it will reduce its value. Luna's HF team has received approval from several companies so it is likely that the old Luna will be uploaded because of her algorithmic failure. Maybe next they will focus on Luna 2.

the main reason that caused UST to collapse is simply the fact that UST has its nature of being algorithmic instead of USDT that are conventionally pegged with dollar 1:1.
UST reserved its value with dynamic investment instrument like bitcoin that could have bearish market alone is already such a big mistake, the market eventually gonna have correction and if some big correction happens the fall of UST can't be avoided.
Instead, USDT just gonna be fine because its just better from its underlying system.

The new luna worth around $5 for now. This is also very far from what speculated by mostly of new luna holders. I meant the old olders who airdropped by new luna have been getting small amounts of their investment and some are even getting vested for 2 years.
This is if the price can be dumped even more. The new luna was also so garbage as fuck. The developers are so garbage. The funds were gone. People got nothing.

There is somebody still "investing" in "new Luna" after recent events?

There is no new, bigger hope for LUNA because with what happened to LUNA during the dump, it has made things worse for LUNA and investors and traders are very sorry for having bought LUNA in the past before the dump occurred. And now the development team is starting to work on making improvements so that there is new hope for LUNA, this is something that will be very difficult for LUNA to get.

Yeah, bet it.
With the fork that has currently been trading some exchanges, there goes those folks that have been riding the hype and FOMOing with it. The new Luna was launched and priced in before trading happens @ $17 and now it's down to $5. That's how quick it goes as it's being launched.
Well, it's just a day and we don't know how low or high it can go. But before anything else, I won't invest on it anymore and even there's a plan of recovery or what they call it, I don't trust it anymore.

LUNA has ruined the lives of lots of its investors so I don't think it could regain their trust again or even attract more investors because of what happened. It already has a bad reputation and it will only be a big risk to invest in it again since it couldn't stand firm as a coin. I don't think it could recover again or even reach $1. Its damage to investors affects its trust rate negatively.

the so called improvement that is basically just forking the luna classic doesn't seem to be taking that much effort and the result was also like a futile attempt.
lets be real, this new luna could be losing its value like literally suddenly since it's fluctuating a lot, the classic luna is also having its value fall into oblivion.
In the future both of the coins could be as useless because fork isn't gonna do that much in term of recovery I assume.

If this is going to happen then i should say that we need to be more focus in buying it back? but look the trading movement of terra luna now, it seems that people dont wanna waste their time and money believing here and just go out and find something worth and not  to this scam project(scam says by many people now)

But I bought a Hundred Bucks for Luna because it is not that big to spend and risk so lets see what will happen soon,

you can only have HOPE now mate, because LUNA is a scam project that tend to fool people and yes they successfully made it there to the maximum gains.

the failure of the rise of Luna at the launch of luna 2.0 which caused the price to not survive and immediately drop, the contents of the Luna myth are like a dim moon that needs a full moon to rise.  lol

Many are pessimistic about Luna's future, but a few days ago I speculated with an investment of about $ 150 Luna, currently it lost about 30% but I was still optimistic that in the current year Luna soon entered the 100th place, it might be difficult to make Luna triumphed like before But I'm optimistic that I will rise after 6 months.

I doubt it. I have not seen any coin that recovers after a huge fall so I really doubt people that keeps on saying that luna can still recover. What is going to happen most likely is that it will stay on where it is now and stable on that price or it will completely die. The developers and the team behind will never bring back the value of Luna no matter how hard they try. So you guys are just wasting your money investing in it. It is much better that you guys just find another good coin rather than putting your hopes in Luna. There is no hope left in Luna and you just have to accept it.

If the OP is talking about the LUNC then, it will not happen. You will see the big difference between the market supply and market cap which is really huge and I think that getting the price of $0.005 will take 4 - 5 years, others are comparing it to Ethereum Classic which is a huge mistake for holders.

Do Kwon will focus on the new Luna, they will give the new Luna development portion more. Then for LUNC it will probably be left to the market or community. LUNC is a failed project, hoping to return to 1$ just a dream. Lunc has returned to trading on Binance but the price is ruined. The new Luna has also entered, but on Binance it can't be traded yet. Even before entering Binance the price of Luna Baru has already dropped by 60%, perhaps this is due to many sell-offs to recoup losses from Lunc.

I don't think anybody is serious about continuing the "classic" Luna now. The devs started the "new" Luna, which is basically a rollback. Unfortunately they can't rollback the recent events, so they will have to come up with a new, more stable system. They will also need a re-branding, I doubt that any investor will touch projects with this name and history in the next time.

The sad thing is, there is no logical argument about what they will change in order to make the new one not face the same situation. Like let's assume they did a new UST, what makes us or them to think that the same thing can't happen to that one?

We all know very well that the very same thing could happen to it as well, and in return happen to "new" Luna as well. They are just trying to milk the cash cow right now and nothing more, they lost a lot of money because of what happened and trying to recover it, and they are just hoping that they could get back to being rich, and they are using our money to get there as well and giving us false hope for it.

What we should focus instead of the current situation would be to just ignore all of this, and try to be in a situation where we can actually make money with less risk. Luna going back to 1, or the "new luna" going to 1 or whatever, none of this matters because it has too much risk. Just ignore it, ignore the creator do kwon, ignore the team, ignore even the community that still supports it, and move on to something new. That way you could find yourself something that will make some more profit, and it will be a good idea. I never really liked Luna to begin with anyway, and after this? Its not even a question, wouldn't invest even 10 bucks.

We do have our own decisions because there are people on which no matter how hard you do make out some advise or suggestions but still wont really stop on getting involvement with these shit projects
like luna where everything really goes down through the hype but there are still who do continue to invest or make involvement for the hope of making big bucks or profits in a short time.
Thats why there are people who do play with fire despite of the high risk and the past bad experiences that they do able to see or experience on that core or past LUNA and now
it does have 2.0 then there's still people who loves to deal with.

For a classic LUNA it will be very difficult to touch 1 dollar considering the amount of supply is so large, but for the LUNA V2 the price, as you can see for yourself, has touched the price of 18 dollars.

Sometimes worst advice can be recipient. If you get fun from the volatility, basically you can pocket up certain dollars. It's not easy as that to trust coin after massive collapse, trust issue matters. If people didn't learn, they'll get rekt. New rebranded LUNA 2.0 has arrived at 18 USD in spite of so many dissatisfaction over this network collapse. The original Terra has rebranded to Terra Classic, which can't be contact 1 USD.

seeing it now? LUNA comes to reach back 8 dollars now and yes this increases instead of dumping back to 1 dollar and this is a great return as it goes 19$

look at the movement 7d Low / 7d High   
$3.63 /
$19.54

this seems to be the start of recovery from the saddest part of LUNA this year .



___________________________

But if you are asking about the Classic LUNA? maybe this cannot touch 1$ this year for certain .

Luna 2.0 is much better than the Luna Classic in terms of price prediction. I think that LUNA 2.0 will only reach not more than $20 and we all know that whales are taking advantage of the market and panic of the holders of LUNC since they will know that it will be dumped on the market and since we are on the verge of the bear market it could reach below the $5 before the end of this month.

It would be much better to buy and sell LUNC than to hold it. It could reach much dipper since there are still flaws in the network of Luna Classic that still can be fixed by the team of Do Kwon.

Sir, Do you know the total supply of Luna classic? It is 6.53 trillion and to reach this price, Luna's marketcap should be 6.53 trillion, which is many times more than bitcoin's market cap. In fact it is more than whole crypto market.

It is only another pump and dump game from Do Kwon and Terra team. They will try to pump LUNA to claim that Terra 2.0 is successful and its success will help them to cover failure and loses in Terra 1.0 (Terra Classic now). I don't believe in Terra 2.0 when it is managed by Do Kwon and my belief lost after all his bad decisions in the depeg death sprial.

It is good advice because Luna Classic will not recover in near future. Many reasons. Do Kwon and Terra team still own both chains: Terra and Terra Classic. It will make community fearful about future of Luna Classic.

Moreover, the issue with UST has yet been resolved. So people still feel fearful that another massive token mint will appear.

In addition, market makers won't build up a game in near future and pump Luna Classic to help small investors or gamblers get rich and become millionaires easily.

I can't believe you guys are investing in v1 and v2 after it was outed as a scam. Do you hate money? I think exchanges are going to pump and dump v2 on retail investors and then pick the next coin to hype. Personally, I'm only trading on DEXs now, no KYC, no bots. My portfolio is filled with multiple L1 chains with EVM compatibility, like Aurora, CNDL, Celo, and HBAR.

I'm not interested in this shit.

Just helping him to understand that $1 is impossible for luna classic. As I said before, with 6.53 trillion total supply it can't even touch $0.5 in near future but he/she is expecting $1 from it.

Yes, it is true. Of course, youre right and everyone knows that the supply of Terra Luna Classis is unlimited, so the supply continues to grow. And yes, that is indeed the reason why it is impossible for $LUNC to return to $1 or even $0.1 unless it's burned from the start, as suggested by CZ binance. However, Do Kwon has explained that he will not burn and will make Luna 2 as a solution, even though there is a lot of opposition from the community, but he is still adamant and finally Luna has just been traded and the price has reached $30. then dump back to $5 and now it's gradually rising back up.

but I myself don't want to look at LUNA anymore because I see her reputation which is now disappointing many people. Although I enter maybe only to the extent of following the hype and leaving when I have made a profit. because it is too risky if for the long term.