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The Luna 2.0 airdrop is near, do you think that Luna can make a comeback and proof us wrong? Or whatever Luna does it won't matter anymore? Because I haven't seen a project that stand on its feet after making such a mistake,  they always go down.

Let's see how events play out in the long run, luna chances of making a bounce back are slime coupled with the fact that not many of their investors are happy with the route the CEO is taking in process of the recovery. But to some extent few exchanges have pledged their support for the line 2.0 recovery process, what can not be ascertained at this time is how effective this recovery plan will work and that is left for time to tell.

Currently the price of Luna coins is dropping drastically, no one expected Luna coins to go down like this, so my question is whether Luna coins in the future will be called meme coins?

Many of the holders of Luna are not happy with this current condition that had made the price to fall without given that holders a room to sell their holdings. CZ and the CEO of Luna are not in good bond because Binance had lost over a billion dollar on Luna. Since investors are not happy with the idea of the Luna 2.0 then I don't think there will be success with the idea of having a fork coin.

Many of us that are holding Luna are waiting to get our money back. The CEO is very much afraid of what might happens next if he invested the over 10 billion dollar that was in reserve on buying back Luna to increase the value.

Not familiar with that 2.0 what's the difference of that and how it will make a comeback after the -99% crash? Can you post here the link of the official announcement. I am not sure if they can still make a comeback as many people including me, would literally lose trust on the project how would they encourage previous investors and people who lost all of their investments?

They're already about to make a comeback with that airdrop and the old one was already named classic. But what I'm expecting is that when the airdrop comes, it will be quickly dumped by everyone but because of the crowd, the volume will be high.
Traders and scalpers will take advantage of it and they're the ones that will make a lot of profit from it. But if you're an investor and thinking that you'll still make money from it, maybe yes but it won't go beyond your expectation and there's lesser confidence with this foundation's project.

Luna 2.0 is Luna without it's core functionality, it's stable coin system. View it like ETH would release a version 2.0 but without smart contracts.

https://www.euronews.com/next/2022/05/26/terra-luna-2-0-how-backers-of-the-project-want-to-revive-the-failed-cryptocurrency

I was not sure if it failed or could bounce back, with many people being optimistic about it. But in general, I don't want to bother with this project any more anyway. That mistake is not an easy one to let go of because it greatly affects many different problems in the market. I don't have to hate this project too much but still have a piece of advice for those who are betting on it. Know what it is to be satisfied if you can make a profit with it, and for those who are suffering with it, wake up mentally to fight and find other opportunities for yourself.

If you are not involved in investing in Luna then there is no problem with the development of new Luna coins, I also don't really care for the new Luna coins it will provide meaningful recovery to old Investors because from Dev's efforts there is no goal for high recovery but new coins only create new prices because he didn't listen to CZ advice to stay focused on the development of the old Luna coins.

The comeback may not happen but im sure that if the new luna will become a way for people to exit or at least recover some of their lose. The price of new luna will not as big as the old lune when it was reached 100 bucks but this can be worth at least a few dollars at the peak price. Im sure that if people are also aware about this. Luna is still having a chance but this may not work. Im still waiting for the result from the price of new luna.
If this will worth less than a dollar and that may become the end for the old luna holders. They are loosing their life forever.

Well, the question is Terra Luna have value at that time?

Anyway, It is too hard to win back the trust of the community, and was not sure if the people will put an interest in joining the airdrops after a surprising drop that cause major losses to the investors and holders. I couldn't imagine this will help to rebuild their reputation but what I was seeing, and likely possible to happen is this will just be ignored.

One's a trust will be ruined,  it's hard to back it again but in this case luna price is drop without any cautions. But we do not know what's the mindset of other investors if they are still believe and invest luna or they are still participate in airdrops to gain more profits without doing something hard. But some investors will not take another risk  for the luna. Because they are trusted once and they will not do it again .

Not all project fall down never recover. This is based on the reason of their mistake. With the cade of Luna, its still depends since the founder are kinda arrogant even he is being pressed already for what happened. If you are like that then theres a lot of red flag from VCs, traders and investors that would likely wouldnt trust you again. If only his sincere to what happened, maybe or not? Im not really sure but this incident drag a lot even the market due to the possible outcome of such defi product which isnt safe that causes unbearable suicides.

I'm sure this is one of Dokwon's plans so that all LUNA Holders can calm down and so that they can comfort all LUNA victims in the past, he can avoid trouble and leave in peace.

https://twitter.com/terra_money/status/1530047587709067264?
"1/ Yesterday, we said Terra 2.0 is coming. Tomorrow, it arrives.
 
The community has been working around the clock to coordinate the new chain’s launch. Subject to potential change, we expect Terra to go live on May 28th, 2022 at around 06:00 AM UTC".

Tomorrow will be the most interesting

It is likely that the new luna will return to its lowest price, but for the initial appearance of the new luna it is likely to only recover a quarter of the total loss and I believe there will be no complete recovery, the profit factor is only for traders engaged in short term trades when the new luna is released on the exchange.

for old LUNA investors, they will of course take advantage of the airdrop and then just walk away. I'm not sure investors will get what they expect.
but for those who are not shackled by LUNA's losses, I'm sure they see the current situation as an opportunity. hope to return to its best price is impossible. but to get the bounce price I think it can be used.

Yes, your view is not wrong, trust is indeed very difficult to get, but if it is betrayed in the future, it will be difficult to get that trust back and this is what LUNA is currently experiencing. Regardless of the success or failure of LUNA v2, I think the old LUNA will not be forgotten for some people because they spent a lot of money there but our hope is that LUNA v2 can return the losses of the old LUNA.

IMO, I think it's better to wait until the full implementation of the said Luna 2.0 update before we judge its outcome if it was a success or just a total failure, But for now, let us focus on more important things that can influence the crypto market like the upcoming bearish season on how we can minimize its impact so that we can prepare and sort the things out before we hit that scenario.  

That unless they will ignore the news, I think everyone knows the case of an exit scam story that Luna has. So for now, it was a negative assumption as to what will happen to this upcoming airdrop but yes, we can't just leave the doubts vanish so easily.

 - NO fate with Luna Project
 - The people around will still remember their issues no matter how hard they tried to erase them from our mind
 - this is not a winning tactic to win the game, Terra Luna has been distrusted already

Luna coins now are not far from mere meme coins where the value of trust has faded and people's trust levels have disappeared from the effects of their previous cases.
luna 2.0 i don't think it will be able to recover the previous luna value

Yeah and i just remind you with so many fork coins that exist in the market. Most of these coins will be dumped in long term. The short term may be bullish but it will not sustain for long term. Im always remember when bitcoin fork has become a very popular trend and what was happening with mostly of those scam coins that issued by greedy developers? Those fork coins are dead right now. It has given us a very important lesson if the future for the fork coin will be burning to the hell.
No hope for fork coin and there's no place for the fork coin as well.

I think currently terra luna is like shitcoin whose value has completely sunk from the market, this can be seen from binance who has removed terra luna from their list, even though binance has provided feedback to LUNA, but I think this it really affects new investors and new users to start investing with LUNA, even though there is now a version of LUNA 2.0 but I don't think it will be able to restore the previous luna value.

for now anything related to terra luna, whether it's a new project or luna version 2.0 I think crypto users specifically investors are very doubtful about the current changes in luna, the LUNA development team must work hard to be able to restore the trust of its users again, because with the trust that can make LUNA can develop perfectly.

The lesser expectation the better you will feel if ever this cure won't work at all. The main problem that I see is the lack of support after the dump happened. Other investors already given up while others are still expecting to go near their ROI if ever this medicine works.
Will it fail or not? No one knows. Let's just wait and see and perhaps we will be enlightened if the reactions from their supporters is positive or not.
But I do admire their fast reaction to repair things. They worked double time and now the offer is near being implemented.

I don’t know why they out BTC from holding amount. But it can be a cause for LUNA drumping. They trying to recover the LUNA's price by this airdrop. I am not a old LUNA investor. But i bought some LUNA in this drumping period. Let's see what happen about this big loss of old investors.

Nah man don't waste your time.  If they came out with bitconnect 2.0 would you get hyped about it lol.  What happened to luna and the underlying assets was very telling about what will happen again in some fashion.  Steer clear.

there is definitely always a chance for this project to make a comeback, there are quite many fanatics that are all in with this project, also it has reached among the highest ranked altcoins some of us definitely think that there is always a chance that this coin gonna reach their former glory since they could have been learned from their mistakes.
although despite all of that, there is a big chance that this gonna just become a disappointment and just gonna make another shitcoins, the attack has devastated so many veteran holders of LUNA, I doubt they gonna make the same mistake again. considering the fact that it seems the team just gonna restarting luna and have little care for the holders.