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Hello,
Is Terra Classic scam or does it have a chance of success?


Thank you.

Well, it's been reformed and made a new token as its successor as the devs have thought of reviving it through that plan. If it's about the chance of success, this is like a left behind project.

I don't see any more success on it.

The prime of it has already passed and there's no way that investors would try to believe and trust it anymore unless there will be whales that would play a big part of just pumping and leaving it again.

Terra Classic is not a scam, this token can still be traded on major exchanges, meaning there is still trading activity there.

As for the chances of success I'm not sure this will work because it has fallen to the deepest bottom making it difficult for investors to believe again, but in fact it will be nil to success.

Better to avoid this token if there is not sure.

As far as I know, Mr. Do Kwon, the Terra Luna CEO and founder has been sued, and investigated in relation to the recent Terra Luna Fiasco which involves the old Terra Classic so there is a pending process that can possibly dictate the fate of both old and new Terra Luna tokens, But for now, I can say that the Terra Luna Classic and the new Terra Luna token was actively traded in a major cryptocurrency exchange like Binance with a very attractive volume. so I think it is not a scam for now.

Lunc is currently a scam but it can still be traded on major exchanges. Therefore you might still be able to trade in it even if it is a scam. It has fallen to the lowest price in history making it extremely difficult for anyone to believe in it again. I would recommend avoiding this token by all means.

Life pro tip: stay away from anything related to Terra or Do Kwon (the founder). There are tons of other shitcoins and vaporware deadcoins in the market that look less shady than terra classic. Even the telemarketer scammer that keeps calling you every day trying to sell you a bag of finger nails clippings for 100 bucks sounds less shady than any Terra-related crypto

It's pretty crazy that despite all these massive red flags surrouding this deadcoin there are people who still ask if there's a chance of success for this garbagecryptocurrency.

The project is not a scam since it is still listed on major exchanges and has daily trading. There are still many people who are holding this coin in hopelessness. Luna classic is basically dead, I don't see any prospects for it. People hold it and trade it blindly believing it will return one day. However, that is a very unlikely scenario.

Are you planning to hold this product? It's better if your money is put into products that do a have the potential to be successful, like Ethereum Binance coin or others that are able to compete even though everything is at risk, but not on products that have failed before, and made a lot of people to lose.

I would agree to people who said terra classis is scam after all it was created after Luna fall and these was only an alternative method to save the downfall of Luna wherein it didn't effective to save Do Kwon though. Though it has already trading activity but still it is not safe to buy those tokens because it just a hole cover of the failure of Do Kwon.

I failed project is not different than a scam project.

If 10 years later, Luna Classic can achieve what Dogecoin achieves now, do you think it is a successful project or will still call it as a scam project?

I believe Terra team will abandon it and community will take over it. It will recover very slowly with time but it will. If you have diamond hands, if you can hold your Luna Classic, you will get good results next couple of years.

I certainly agree as well. As for me, Terra is just their alternative because Luna failed. But since its reputation and trust rate have been ruined, I don't think its new coin is still worth investing. If you're planning to invest in altcoins, you better look for coins with better potential and are well established. Don't risk your funds on suspicious and questionable coins.

They say it's something new. But heck, they will all say the same thing whenever they need investors to come back and purchase.
First, reputation. It's gone, if not a huge chunk of investors who trusted them will remain in lay low for this kind of stuff.
They lost a lot, it's not like they could easily recover from it and trust them again in a snap of a finger.
I won't say it's a scam, but with whales not putting money in how would the value grow again? It will be difficult to see it be pumped like the first one did.

I think the concept behind Terra, that the blockchain be built to host an algorythmic stablecoin has proven to be a flawed concept. It gets to a point to where too many UST tokens are minted and they cannot be backed or redeemed. Collateralized stablecoins like DAI are a better solution. There may however be a place in the future for a chain like Terra that hosts a fractionally backed stablecoin. Kind of like a hybrid stablecoin like FRAX. That said, I think we should move on form LUNA because now it is associated with a scammer and there are much better chains out there, like Fantom and Candle Chain. These are technically superior chains and they don't have a stigma or angry bag holders attached to them.

Terra classic is a good coin but it was crash and totally broken. Now, it is a launch a coin which name is terra. Thier team is very solid and work hard to promote and reach their goal. In my opinion, they are trying to come back again. So, it is impossible that terra classic will scam.

Terra Classic is not a scam. It just happened to be a victim of an unfortunate experiment. And if new projects can start to launch on the chain and burning taxes are applied and rightly implemented, it can possibly be at 100x from its current value.

Did you read the root of the cause of terra's downfall? scams are of different levels and from the look of things, you may not be able to identify one even if it stirs directly in your face.
If you don't mind my asking what experiment exactly is terrea a victim of? is Do Kwon aware of this so-called experiment? have you ever thought why Do kwon never go with the terra communnity vote for burn when he could instead went ahead to do a fork? Yeah, victim of bad experiment indeed.

No why would you ever put your money back into something that got annihilated.  It's not going to survive.  It's basically hanging around only because of people speculating in it.  I'd steer clear.

That is some optimism i must say, to be honest i'd not be that optimistic about Terra classic, the coin is basically dead and i think people need to come to grips with that, i know the more people that are trying to show believe are prolly hodling some of it and they hope there can be a pump so they make ROI, but let us be honest, the chances of that happening is pretty low, if not impossible. If you haven't got any Terra, then you would be doing yourself a favor not to get any, look elsewhere, and to other projects, but if you are tired of shitcoins altogether, then just buy Bitcoin.

Me too, it's a scam. Team Terra didn't take any action to save luna but then they released another fork version of luna which is luna classic. The release of luna 2.0 version is not for the purpose of saving the luna community, but, rather, for the purpose of distracting investors so that they can forget about what happened with luna 1.0 version. It is nothing more than an abdication of responsibility. It is not surprising that luna classic is no longer of interest to investors and in the end it is nothing more than a scam project.

Not a scam yet, this is just a new brand of LUNA after what happened to them and I think they are trying to go back in business which is still possible as long as they commit to provide quality service this time and a more secured project. If you are doubt with this, better to go for the best option instead of risking your money in a project like this. Personally, I’m not buying any LUNA project after the incidents, better to be more careful.

It isn't a scam. The unexpected crash that happened in the market have made people not to look Terra classic anymore. Even after the massive fall it has got the market for trading. Just because it is available in the market, no one will get into it. Terra classic isn't a scam, but the fall have made some believe it to be a planned scam.

Scam NO Success NO I think is a defi meme coin right now Buy some plus USTC and then may try some on the terra blockchain I mean there are many dapps on the the old terra chain Try play with them and see how DEFI works

It has been attacked but it lost the trust of its investors already so I guess it will take time for that coin to get up on what challenge they are facing, If I where you maybe you should think more if you want to invest on that coin because for what I see some people use that for pump and dump scheme so it will never be good for hyped investor to join because for sure they will be trapped just like what other investors experience there.

at first terra classic was a huge success in fact if you take a look this image below that terra is hugely invested by a big company such a binance too.

https://s3.amazonaws.com/assets.coingecko.com/app/public/ckeditor_assets/pictures/3459/content_unnamed_%282%29.png

the biggest problem what happened in terra is their stablecoin that pegg to 1$ in luna.

and the answer of "will they go up?" I don't know but if they go up the price will plummet again if UST got claimed back

for the question whether Terra classic is a scam, i will answer Terra classic is not a scam and you can still buy it in several markets for you to use to get daily profits.
but if you ask whether the Terra classic will recover or when the Terra classic will be a success, i will answer we will not know if it will happen in the future. but right now my opinion the Terra classic is behind to fix the coin again. because from a few months ago after the accident on the Terra classic coin there has been no good news from the project. i mean the owner of the Terra classic hasn't tweeted anything that makes investors believe anymore

The project is another version of old Luna, it is not a scam project yet, but I believe in the near future it will be. To be honest, there's no longer any motivation that can make luna classic a success. Investors have completely lost faith in the terra team, luna classic trading is still there as it is still profitable for exchanges, but it would be a bad investment if someone decided to invest in it now.

I have the tendency to think of this coin as a shitcoin, however I can understand why some people may think of it as a scam, the developers of Terra do not really have a good reputation after what happened with the original Terra and now people are not going to trust in whatever they say as they have already made promises like that before and we only have to take a look at those which trusted them before to know that doing such a thing is not a good idea, so if I were you this is a coin in which I would not waste my time.

The fall of their reputation is what made investors doubt their second chance. It may not be a scam but IMO it might not also go back to its old trend.
That's one of the problems when you broke the trust of your supporters. It won't be as lively as before on social media.
Don't expect too much, that's all I could recommend for those who want to support this project.
History tells when a coin drops at a certain point like what happened with Terra, it's difficult to go back even if you change the name, ticker, or say it's a different one.

Its been reformat but I doubt it will ever be as succesful as ever since its tainted its willful reputation on the entire crypto ecosystem. Many people have loss funds to their downfall last few months and they will never forget the tragedy it brings. Even some loss their life due to suicide from their losses. Now new investors would be scared enough to put some big funds on this. But if you are playing trading could do some profits from hype and technical aspect.

Depegging UST and LUNC at that time made the Terra ecosystem collapse because there was no fiat guarantee to support stable coins, as a result the classic Luna continued to be printed, but it wasn't a scam because you can still trade the coins. to be successful, I don't think Luna will return to the way it used to be, because some projects have moved away from the Terra ecosystem and the team has created a new Luna coin.

No matter how Do Kwon tries to rebrand terra luna, it will still appear as a scam to me. He lost my trust when he refuse to adhere to the advice given to him to burn some huge amount of terra luna to stabilize its price. He only rushes to create another new token as a compensator for investors that have lost thousands of dollars, from his project gone wrong. It will be foolish of me to invest after seeing the red flags of how he duped investors.

It's so pathetic that we find ourselves midst people that are not concentrated on other people's welfare but only on their pocket

it is not scam . they got attacked and their stable coin lost it's peg that caused all that disaster. they tried to revive the terra project by creating terra 2.0. but that attempts seems didn't work out how they expected or wanted.

they already announced they'll shut down their Stablecoin called UST. so I don't think they'll work on UST anymore.

Basically luna classic died for luna and ust reputation. Although it is not a scam project, but you should not think to invest in it, it is dead and there is no hope of growth anymore. The lesson of luna is still there, look at the people who owned luna before, they have lost all their property and have no chance to get it back. Stay away from this project, don't expect it x100, 200, it's just your illusion.

Not a scam yet? So we will need to wait before it turned into a scam before we avoid this coin? Haha I think that was not reasonable. This is why many people keeps on losing money because they never learn from their past mistakes. If we really wanted to earn then we have bitcoin and other altcoins which are proven to be legit. Can't understand till now why people like to force themselves on a coin which already known to have a bad reputation. The same with those meme coins.

A new coin meme baby doge is not different from the previous meme coin shiba inu but I guess people realize that they are doomed since those coins are seem to be quiet now.

it is really hard to say at this junction if terra was a planned scam from the beginning or an unexpected terrible issue that arises at a later stage, there seem to be a lot of mixed feelings among members of the crypto community regarding terra's unfortunate incidents.
Was it a scam designed by the founder from the beginning! am not sure, will it ever regain the previous trust it once had from the crypto community! absolutely not, it takes years to build a strong reputation and minutes to destroy it all.
I think among other things, the terra founder's total disregard towards the terra community's opinion makes it worse as investors completely lost the trust they had on the project and lost the little hope they had on revival.

The developers created Terra 2.0, and many hamsters keep dreaming that while Terra Classic has a low price, it should be bought, because it can grow in the foreseeable future. The unique thing about this situation is that the project failed miserably, bankrupting everyone it could, but people do not learn a lesson from this and keep getting into this scam in the hope of making a decent profit.

Some do make money and most likely they are the ones who would really be taking risk on putting up some funds again on that Terra 2.0 for sure and the rest would be dragged off whenever the hype is on the roof.

People never ever learn even though they had been fucked up hard in the past but still make out some considerations on making investment once again and when they experience the second time around
then this is where they do make or shout out their regrets that they shouldnt have done that but well its already too late.

Regret do always comes in the last and not on the start.

I guess you could say so since at this moment the luna classic has become the new shitcoin and considering how much destruction is has brought to majority of the luna classic holders since the massive crash that it incurred massive losses to their investment, it could be said that luna classic is like a scam. even though there are new luna being made, isn't enough reimbursement towards the veteran luna holders, instead it just become another shitcoin following the path of the luna classic.

I really don't recommend investing in Terra Classic because the risk is very high investing in Terra Classic. Even though it's not a scam project,
but because of its bad reputation, the chances of Terra Classic being successful are very unlikely. I think of Terra Classic as a shitcoin that
might be at risk of becoming a scam in the future, if we learn from what happened before with LUNA. As long as the owner of Terra Classic and
the development team is still the same as LUNA, I believe there is a possibility that the bad things that happened to LUNA will happen again for
the second time. Of course, as smart investors, we should never become victims for the second time, and learn from previous mistakes by trusting
LUNA. My advice is to look for other projects that are proven to be safe than risk our money buying Terra Classic.

LOL, The dump that happened with terra luna already wiped out so many DEFI. Even the venture capital like 3AC can go bankrupt caused by a big loss in terra luna. How can you suggest others to use defi that built in the scam blockchain? I meant it has already proven that if the terra luna was a garbage ponzi scheme to fool people. Only stupid person will always try to buy the terra luna. There are bunch of defi in another blockchain which can be trusted.
There's no need to gambling with proven scam blockchain like terra luna. People must be smarter enough to think about that.

Terra Classic has been classified as a scam by some investors because of what happened to them months ago. Investors exploited the flaws of the system and that caused UST to de-pegged and Terra Luna's (now Terra Classic) price to plummet from near $100 to less than a penny.

Since you are asking, it has no chance of success because I believe that when a company is down, it will remain down because the trust of the people towards the developers and owners has been affected already and they would rather invest into other altcoins or just into Bitcoin than risking their money into an asset like Terra Classic. Just avoid projects that are related to Do Kwon like this one and just invest into other altcoins out there.

I don't know whether it is scam or not since I don't have any proof, however I suspect the founder have something to do with their last fall, and then his respond to this fall is just creating Luna 2.0 which is a very ridiculous action and bad for Luna investor and community. I also believe that their price is highly manipulated, so anyone who are still believing in this project should move forward very carefully, and be cautious, if you are not ready to lose your money, don't buy this coin.

https://www.coingecko.com/en/coins/terra-luna-classic
There are a lot of these coins, the developers left the ecosystem, the main trading on the Binance exchange.
This coin has a chance to make x2-x3 or maybe more.
I think that the ecosystem is dead, but pumps and dumps from manipulators are possible.

Terra classic is no longer worth investing in in the long term, because the devs have made a new terra and are not focused on taking care of the classic terra. many people have lost their savings because of terra classic. as for now terra classic is just a pump and dump like other coim memes that only benefit whales.

Terra Classic and Terra company not scam yet but after attack terra company lost there many big and potential investors. So they are now not able to increase the price of their token even after hundreds of attempts. I don't know if they will be able to recover their token price again in the future but I believe that the team is still working very hard on this project.  And trying to do something good again

In my opinion stay away from any types of copy of terra project because it will not very much hype because of its name every people now scared of this project so it can take profit for the short time but it will not hold long!,

I honestly think it's never gonna recover again, considering the fact that even the team has left the current luna classic instead they are starting over with the newer luna,
this coin is basically a shitcoin and you will most likely just gonna get disappointed in the long run since lack of supports could simply mean the coin hardly ever gonna recover back to its former ATH.
your best bet gonna be the new luna but that's also falling just like the luna classic

I can't imagine traders trust Terra anymore. But, major exchanges still have good trading volumes. The previous holders lost a lot from it. I think at this time, most traders choose Terra for short term trading. Terra team are trying to recover. But Honestly, I can't believe Terra Classic can recover from here.

They renamed LUNA to LUNC and then launched LUNA again. But, previous holders still in lose.

This is not a scam project yet but as we can see right now in the market, Terra loses so many investors and very few still trust this project, though they are active on burning the supplies I think it will still take time before we see a good progress or none at all. Better to invest on other project, TERRA is not worth it anymore and its too risky.

It looks like an exit scam had happened on Terra Classic when the dev decided to fork it.  Regarding the project's success, I am not taking out the opportunity of the project to become successful but since there was this bad event, I don't think that it is that huge, and it will take a very long time to fix the bad taste on Luna Classic since there are lots of investors who suffer 100% loss on this project.

And that can be riskier for traders. I'd never thought that many traders are still using this for trading knowing that issue as it was an obvious scam even though they still have active trades left in Binance. In fact, Binance had also announced their big losses from this project so I think that was the end of their participation. What we gonna see is just a sort of manipulation from the bag holders tricking new traders and I was afraid they got to fall into them.

Well, I'm not a person who likes to make suggestions or make statements without supporting evidence to support my opinion. Personally, I don't care what it is doing, but what happened is what I know of a lack of transparency coming from the team itself. The hype surrounding it will continue to entice newcomers or even those hoping to profit from it. The way the DEV is chirping makes me laugh, even to those who think it's an opportunity.

are you planning to invest in LUNC, now I think lunc is heavier than meme coins or tokens, and whether the price of LUNC will return to the beginning, which is definitely no guarantee and I don't see any supporting factors that could make the price of LUNC go back to the beginning  although LUNC is still traded on several exchanges.

if you look at the scenario that occurred after the big incident in the luna case. I think it's hopeless and ends up like shitcoins in general, so I don't recommend you to invest in the Luna project.

true, supports for the terra classic is no more, meaning it could hardly ever achieve the same feat like in the past, even the new luna is lacking trust from the traders, i have my doubt that both of the coin either the classic or the newer ones could ever become as big as it was in the past.
I guess just move on and invest in better coin like ETH and BNB.

It's a failed decision of Do Kwon, thinking it will attract more investors and gets FOMO but they are wrong. It's a huge mistake since people know what they are doing and learn from this kind of project that has loopholes.

Much better to invest in an altcoin that has huge potential in the future. Some people are still buying the Luna Classic since it's just a pump and dump coin.

It doesn't have chance to be a success. Terra luna has become the biggest scandal and problem in the crypto. The only a project that worth billions dollars that can go to the zero  valuation on its token just in a short time. This project was just another scam project. You shall think again before try to invest in this shitty token. The fact that if this coin is dead. There's no need to hope if terra luna will be success again.

The same story with bitconnect. It's dead. No chance to go high again. The developers were scammers.  :D

Recently I noticed a message from binance official announcement. Binance will support Terra network upgrade. I think there can be a chance to recover some price. But, I'm still in confusion traders will trust LUNA or not.

You should stay away from this project if you do not want to lose your money. It is a scam project. This coin appears to have no growth potential or prospects for a resurgence in the future. The terra has become a thing of the past, and for those who believed in it, terra has been a wound that will never heal. A fall that was too sudden and painful.

Agreed, investing in luna classic is like throwing money in a trash can, it's like a gambling investing in luna classic since it's in the worse state than the meme coin.
at least with meme coin with some shill it could increase its value but with luna classic, its just gonna slowly losing its value.

De Kwoon has a record of criminal charges. Check! He has a failed project in the shape of Luna. Check! And he refused to do a burn of the tokens so as to reduce supply and stabilize the price. Check! The much touted bitcoin supply fizzled out. Checkmate! Now why would I trust anything or anyone in the shape of Luna?

You have many conclusions from facts about Luna, so there is no reason to bet on trading Luna Classic or LUNA coins, anything related to De Kwoon and his team should be extra vigilant to invest in that coin, better focus on the top coins that have improved traders confidence after declining high since last June.

The moment they decided to create another coin, I knew that this is not a good solution and despite of the comments of the investors against this decision, they still push it through for some reason, maybe they are trying to get some money again. This may not be a scam right now but I’m also staying away from any LUNA project, they are not worth it anymore and its too risky to trust a developer like this.

Terra Classic is still listed on several popular exchanges, meaning Terra Classic is not a scam project and we can still trade Terra Classic.
But because so many investors have lost faith in Terra Classic, there is a possibility that Terra Classic will become a scam in the future.
So we really should avoid trading Terra Classic, there are many other projects that are much safer and more profitable than Terra Classic.
Therefore the Terra Classic development team will definitely focus on attracting newbies who lack knowledge, because it seems that it will be
difficult if Terra Classic has to restore the trust of old investors with what happened to LUNA.

Until people don't give Terra Luna, it still remains active and traded but, you need to be careful with this project if you heard about their issue in the past day you might be thinking if this remains healthy or if it is going to end. It was not yet called a scam project but that was very close to that situation. Honestly, I do hope they will settle it but as they are doing now, that seems not effective anymore and turn hopeless to regain the trust of major investors.

I would say that it's not a scam like most people think it is, but the chances of it taking off again is extremely low. People already saw how this coin moved, and for sure they already have made some kind of impression to it as something that they would not invest on again. It already had its time, and perhaps some loyal followers would still buy into this thing, but sooner or later this will also lose traction and then die afterwards.

I totally agree with you, man. I would rather take that money and use it for gambling. I can just have fun and if I am lucky enough, I will make a decent amount of money, than invest luna classic from now on, obviously this is a dead project and has no chance of making a profit. If you are adventurous and risk taker you might consider memecoins rather than this shit luna coin.

To me this is a scam project, even though it is still being traded on top exchanges but with what Luna caused, I can't wait for luna classic to be as bad as the old luna and claim to be a scam, it's too late. Mate, we have hundreds of potential coins and the chances of double fortune are so many, that there's no need to invest in a dead coin to expect vague luck.

There is no point on giving them the benefit of the doubt and this is true not only for his coin but almost all coins as well, the amount of scammers that we have in this market is simply too high so if there is any single detail that we think is not right that should be more than enough to decide to not invest in a project, and it should be obvious that after what happened to Luna then any project released by the same developers should never be trusted regardless of what they can say to defend their project.

Not ' I have invested in Terra Classic and hold ' many people say Terra Classic is Binanace CEO idea and may be it's going to moon ' market is working better than last 3 months now Altcoins growing up.

Whoever told you that luna classic was CZ's idea, I think he was vehemently opposed to making a fork is luna classic. It was the smart idea of Dokwon who took away a lot of money from luna investors and he succeeded in creating a second scam coin.
You are one of the brave people investing in luna classic, I wish you good luck with your investment. I hope you have done your research and not invested in someone's advice.

No, it is not idea of CZ who suggested to avoid a fork to Luna and Luna Classic. He tweeted that he supports the idea to buy back and burn Luna. Buy back and burn creates value, not fork.

His tweet (https://twitter.com/cz_binance/status/1525454049512140800). Later when Do Kwon announced that team chose to fork and published a proposal for vote, CZ tweeted "SML" Shake my head.

I think it is still good to buy around $0.00006 weeks ago and hold. Just don't use all money you have to invest in Luna Classic and this coin if won't die, will need a lot of time to recover. Invest or trading it but never use leverage with Luna Classic. You don't know what games they will play.

though it's still listed, doesn't necessarily means it's not a scam, it has caused tremendous loss for the veteran holders of luna that they're already beyond recovery.
the thing with the listing i'm guessing is heavily influenced by the business since these exchanges are more likely have invested in terra luna, so it could be that the fact that terra luna still listed just in order to give the veteran holders some way for them recover their assets back.

Are you planning to buy because of its very low price or are you planning to dump because you are cutting your loss, if planning to buy don't if planning to dump now is the right time, while there are still volume and exchanges to dump it, I don't see any future on it, the trust is no longer there, and the Korean authorities are cracking on Do Kwon firms and they want him to be accountable for the collapse of Luna, you don't want to be investing or holding in a project where its future is very unstable.

Check this article for the lastest update about DO KWON
The Prosecution Wants to Hold Kwon Accountable (https://cryptopotato.com/south-korean-authorities-issued-a-notice-upon-arrival-to-do-kwon-report/)

Terra classic, no matter what you hear and see. It is nearly dead. CZ owns binance and its native token is BNB not this terra classic.
So if the altcoins market growing, Terra classic is no longer pumping. It is not going up anymore and to think that many lives have already lost due to their losses on this coin because it had sunk totally that it has became almost zero, with many zeros on its decimal.

When the community or investors are already done on a certain project then you could really expect for these things to happen which is really that normal because projects that do sustain and able to

survive different market conditions then those projects are the ones considered to be worth but on this one then no surprise that lots of people got burned and lost out their money due to this
shitty Terra project and they had launched their version 2 or fork coin but people are already wise enough.

Its hard to know for a project to turn out to be scammy at early phase but there are some who had made out some warnings but people didnt care or hear out.

I mean CZ was against Luna's hard fork, not CZ who suggested it. I believe DOkwon did not hold any vote at that time, it was all arranged by him, he wanted a fork to deny any responsibility for luna's death, so people will focus on the lunaclassic and quickly forget about the old luna.

Since this is considered gambling rather than investment, I would rather invest in a new project or coin meme than bet my money on Luna Classic. It's true that we don't know what the shark will do to the luna but given what it has done to the market, I have to say it's not worth the gamble.

it's hard to call the project a scam, the project is traded on leading exchanges, but many investors think so, there are a lot of lawsuits in the direction of the project, as far as I know, even the SEC is interested in the project, let's see how events will develop, perhaps the developers will come up with something and get out of such a predicament.

We may have that opinion that it's not a scam and waiting for further things to happen before you finally say a scam. It's like a lowkey situation that people don't want to tell that it's a scam.
But if you'll go ahead and analyze the entirety of this project, from the peak that it went and popularity that it has got. Overnight, it was ruined too quickly and price became close to nothing.

I wouldn't say "scam" but rather a failed experiment that caused distrust against most stablecoins on the market. The project is being maintained by the community after Do Kwon decided to go ahead with a new version of the Blockchain (dubbed Terra 2.0). It's been quite some time after the community parted ways with the founder of the project, yet Terra Classic is way below its All-time-high of over $100 per coin. It's very unlikely the project will rise back to its former glory after what happened with the UST crash.

I guess Terra Classic will become just another "meme" coin with no purpose other than being a purely-speculative instrument. I think it's best to move on to the next big thing in crypto just to be safe. Just my thoughts ;D

I'm not aware of any solid evidence to suggest Terra Classic is a scam. The biggest point that some people have raised is concern about the fact that there is no information about the product. If someone enters investment with the hope that he will get richer, he is not a victim of a scam but if everyone loses their money then it must be a scam!!!

My opinion of Terra Classic in the future is that Terra Classic can be a great investment in the future. Just like many other coins currently on the market, the price of this coin is likely to increase over time.

It seems the developers really think that people are that dumb, they were given a mountain of money and trust and they squandered both of them, now they want to start all over again and make it seem as if nothing happened, but people are not going to fall into the same obvious trap again, Terra is dead and it is time that people acknowledge this fact, because the longer they try to delay this realization the bigger the hit they will receive when they realize this coin is never going to be as successful as it once was.

 Terra Classic not scam yet. they still alive on Market but They are not able to do anything as well as before. After the previous attack they lost a large part of the market.  And with that most of the investors lost a big part of their investment. So they have lost many big investors and because of this they are not able to do as well as before.  But Terra Team is trying hard to do something good again

Something good? maybe you're still dreaming about that. You can count how many investors lost their money and their lives. This is BS. This time it's still being investigated by regulators and police. How can what you called that as a non scam project being investigated by the police?
People did nothing and lose their money. It's hard to accept the truth but this is a scam. lol

First of all, it's not a scam because terra classic is listed on the main exchange platforms in cryoptocurrency and there are still many traders who buy and maybe participate to pump it even if only for a short time so that they can still get a good profit from it. But what you say that he will rise again like what happened to Luna before, I'm a bit doubtful and hesitant because the trust of the large community that they had before Luna had a big problem or issue that also affected UST which is stablecoin here in crytocurrency.

Yes this project is not a scam but a failed project already because it was already abandoned by the original developer to pursue the new version of this same token. It’s more on just a pump and dump project without any clear vision because this is not the original idea anymore.

I just want to correct you about exchange listing belief. Many scam project manage to list on exchange because they just simply need to apply and pay fee to list. So not all project listed on exchange is legit. Some of them is just waiting the perfect opportunity to scam investors by introducing excuses such as hack or exploit to there code.

Terra used to be a good Altcoin, because of the careless actions of its founder Do Kwon, which made many investors and users of Terra melted, bankrupt and collapsed as it is today.

To cover all the mistakes made by Do Kwon Terra Luna made Terra Classic as it is today, Terra Classic is not a scam, it's just that this type of crypto is no longer trusted by many investors, they don't want to take risks for their money, the success or failure of Terra Classic depends on the trust of investors.

Luna classic was a failed project since people have realized Dokwon's plot, and that's why they won't be fooled into trusting him again. There is no difference between investing in lunac now and gambling. I don't understand why so many people are still believing that lunc will recover and give them a chance to become rich. They should remember that gambling never brings wealth to anyone, it's just a place for us to have fun and entertain.

Any sort of Terra is a scam, not just the classic. Sure, something that one is a scam while the other isn't, but this isn't an ETH/ETC situation, this was a situation where people literally lost hundreds of millions of dollars and nothing like that ever kept going and be strong. Don't get me wrong there could be a lot of fools who will spent their money and keep it higher than it should be for a long time but just because they can doesn't mean that it is not a scam.

What people need to learn is that something could be a scam by the creators AND still make you money, they are not either/or situation. Will it make you money? We do not know, hopefully it would, but we know it is a scam for sure.

Those people who invest when the price on it's high will call it a scam token but for those who invest at the bottom price will call it a chance/opportunity. It depends on which side you are, for now Terra classic still has a big community that supports the ecosystem so as long as the community is alive then Terra Classic will move on despite its bad history.

Opportunity for what? i think that you talked about BS. there's no opportunity in terra except if you are only a scalpers that was taking a big risk by getting at the bottom but sell it at the top. So many people sued the company caused by the incident that happened a few months ago. You must see the reality rather than tried to believe what said by those scalpers. they were also losing their money.

Buying luna classic at a low price also doesn't mean you won't be at risk in the future, because it could still fall further in price. Whales and large investment funds no longer support the project. The community exists because there are people like you who believe that just put in a small amount of money and hope the sharks will pump, then take profits but unfortunately it will not happen. Sharks will not stupidly use their money to pump and then you dump it on their heads.

Why ask for advice for a project like Terra classic? The project that people have lost millions on and the same people decided to fork another token due to their incompetency and airdrop small share to their followers and investors. I do not think it is going to be a wise move to buy project like Terra classic or anything that has to do with this project. DO KWON is currently being investigated because of the same collapse that has happened as many investors are still asking for their money. Invest in top 10 projects that are listed on the coin market cap, they are the best I will recommend for you.

This is right but people realizes that they are not going to be making profit from bitcoin or ethereum that much, they could profit a little but not a big wealth. This is why many are taking a risk. Makes no sense to me why they would do such a thing but they are doing that.

This is why I believe that we shouldn't really be worried about this case, let the people who are investing into terra classic do invest in there. If they are right then they would make a lot of money and I would be happy for them, and if they lose money I would be sad but it is not my money they lost so I wouldn't care. All in all, this is a win-win for us anyway, it is not going to upset the people who didn't invest into it.

If they decide to keep investing in Luna even though they understand the risks so we don't need to care about the next condition, my last suggestion is to stop investing in Luna because Luna has cost investors millions of dollars, if I'm not ready to lose a dollar in Luna and I will removed Luna coins from the investment list forever in my portfolio.

No one will trust a coin that has crashed before, and if what happened previously is not taken care of a similar hack of huge sell-out through security vulnerabilities. So I don't think old investors of luna tokens will want to risk their investment on the new terra classic. Other people may have different opinions about this but for me I will not trust the new terra classic system

this is certainly a personal choice for everyone who wants to invest anywhere including in terra classic. But the effects of the terra collapse impact all terra-related investments. we really can't control anyone to invest, we just need to be careful on the investments we make ourselves and warn others when the investments we make will result in losses. Remember that terra classic is not a scam, terra classic is there to replace the crashed terra v1.

I don't understand why people still want advice on luna!  Do they want to face loss by investing again?  After the havoc Luna has wreaked on the cryptocurrency world, I don't think any Luna coin should be invested in.  And I also think that if you invest, you should invest in a small amount for short term.  But it is better to avoid investment here

Maybe because previously LUNA was a top coin, so some people still hope that Terra Classic can become a top coin in the future. Even though
it is very likely that this will not happen, what happened to LUNA has destroyed its reputation and lost the trust of many investors. So I agree with you,
we should really forget about Terra Classic and just invest in another project, because the risk is very high if investing in Terra Classic, there is
a possibility that what happened to LUNA will also happen to Terra Classic. Maybe now Terra Classic can't be said to be a scam, but it has the potential
for Terra Classic to be a scam in the future. So I also suggest avoiding investing in Terra Classic. In a bear market situation like now, it is better to
invest in top coins that have a good track record. Like ETH, BNB, ADA and SOL can be good choices for investment and more worth buying.

After what happened with the UST stablecoin crash, Terra Classic is nothing but history. Not even the founder was able to save the project. What makes you think the LUNC token will "resurrect" after investors and traders lost confidence in it? With the path Terra has taken, I believe LUNC will become nothing more than a "meme" cryptocurrency. It will join the ranks of Dogecoin, Shiba Inu, BabyShibaInu, and the others.

I've yet to see whenever the new version of the project (Terra 2.0) will become a huge success in the long run. There are so many competitors on the market with greater ambitions than Terra itself. Without true innovation and mainstream adoption, I'm not sure Terra 2.0 will rise all the way to the moon. At least, the code is available for "anyone to play with". As long as decentralization wins, nothing else matters. Just my thoughts ;D

Anyway, over the past two weeks, LUNC has shown more than x4 growth, the trading volume reached $1.7 billion, this is also due to the burn protocol that started working and now burns 1.2% for each purchase/sale transaction until the offer reaches 10 billion, so the price will only grow as reducing the overall LUNC offer.

I think you should stay away from projects like this if you don't want to lose your money. maybe you think this is a scam project. It may not seem to have any growth potential or future revival prospects. Terra has become a part of the past, and for those who believe in it, Terra is a wound that will never heal by his sudden fall and leaves many people disappointed with the situation.

I gambled on this when the price was 0.00009 , only £300.

I plan on taking out half my investment when it reaches 0.0005 and let the rest ride to see what happens.

It could go back down but it could also reach 0.001 so feel it is worth the gamble holding and see what happens.

It may be a scam but those who got in at these lower prices just see it as an opportunity and worth the risk.

Luna Classic implements a new mechanism of burning 1.2% transaction tax. The application of this burn system has caused LUNC to rise continuously for the past week. Seeing these results, the Terra Classic community plans to start burning more LUNCs, but traders must remain cautious. Always monitor progress.

Apparently next week could see the price rise again due to the 1.2% transaction tax.

I have set my price alerts and will keep an eye on it.

I do not believe it will hit $1 like some are saying but $0.01 is a possibility - it may take a while though.

Nothing is impossible in the crypto world. It could go up to $1 in a few months. What more if all excenger returns lunc input. Yes definitely jumped again. At least $0.01 in a few months it could be or vice versa.
Wait for September 12, hopefully it will accrue and carry out a 1.2% burn tax on big excenger.

Yes, you just need to wait for this whole burning mechanism to work and see how it will be implemented, but while the price is still low, you can just log in for a small amount, Terra farm with its Lunf coin when it is deployed can also give a boost, but it will be according to their roadmap in Q1 2023 after the launch of farming on Bitmart.

yes this burn protocol is really proved to be helpful so far. today LUNC price again pumped by 60% I know it is most likely a temperary pump and the price will drop again soon. but still I consider it a positive sign. at least this is a proof that Community and users did not abandoned LUNC yet. the devs might turn their back and launched another token. but community still loyal with LUNC.

Luna Classic prices have started to come down a bit. Luna Bunning News has caught the attention of investors. Its trading volume today was $3,474,173,009, the highest pump since the Lunar Crash. Soon the price of Luna will drop a bit. However, Luna Classic has attracted more attention from investors than Terra Luna. Hope team developers will definitely think about it. However, due to the Luna Crash allegations against them, South Korea is facing various legal challenges.

It does not mean that a project failed that we accuse it of scam, it was a mistake made by the Terra Luna team that led to this disaster, they did not steal anyone's money, but frankly, I doubt the success of this currency again after what happened to the investors' money, as it destroyed their hopes and the compensation plan made by its team It doesn't do anything well, it's good that Terra Classic is making headlines in the crypto media and it seems unstoppable. You make take risks in it but with risk management.

Terra Luna Scam Project. It can never be good. No matter how much you call this coin good it is never good.It has played the biggest role in destroying people's lives. I don't see a bright future for it.I don't see any future of this being a success.I always blame his teams for the destruction of this project or platform.The team could have taken the project in a better position if they had wanted to but their mistakes ruined the project.

It is not a scam. Just a useless token with no utility like it once had. Right now it is trending and trading only because of the community support. To be honest most of the people are trading and investing in altcoin with the hope of becoming rich real quick. They all believe that the price can reach $1 (being delusional)  or at least $0.001.

Right now I think they are going to implement some burn mechanism. People thinks that this burn mechanism will help the price reach $1, but that isn't going to happen anytime soon since most trading and transactions are being done in centralized exchange.

Undoubtedly, everyone in this team was intelligent but they used it negatively due to which even a successful project is scammed today. As they cannot maintain their integrity, investing in their projects is risky. So no one should not invest in this project even there may be short term benefits.

Almost the entire development team has left the project, the prospects for which are unclear. Do Kwon is hiding from justice in another country and trying to do some new LUNA 2.0 project. Meanwhile, in the absence of the former developers, someone is trying to pump up the old LUNA and UST. So there is clearly foul play to be seen here. Personally, it all reminds me of a scam.

The price movement of the Luna classic has been planned by some groups to create a big news pump in the Luna community but it only benefits the largest holder of the Lunc coin, I have seen the video of the Lunc holder for an estimated $1 million and he has taken huge profits in this pump and sold the Lunc coin for estimated $5K every second on the exchange, I hope you should stop hype the lunc or luna coins because it is very risky to be dumped any time after they take profit.

It's not a scam as you've said. But I wouldn't recommend investing in it, because its reputation is already destroyed. Investors and traders simply don't trust LUNC after the TerraUSD stablecoin crashed all the way downhill. The team should've rebranded the project in order to help attract new investors into it. Instead, they've decided to make a new coin called "Terra 2.0" with nothing innovative other than eliminating the TerraUSD stablecoin for good. It's all a mess right now, so I'd suggest anyone to look elsewhere.

Investing into Terra Classic would be no different than investing into a "meme" coin like Dogecoin, Shiba Inu, or APECOIN. I wouldn't be surprised if LUNC fades away into oblivion as people move on to the next big thing in crypto. Just my thoughts ;D

   Isn't this the Terra Luna before that is now Terra classic? now, regarding your question, if this is a scam token. My answer is a big NO. Why did I say? Have you checked the most exchanges here in cryptocurrency, the top 100 exchanges? because of all the exchanges listed there, most of their list includes Terra classic. This is where if it's a scam the exchanges probably won't include it.
 
   But there was a big scandal in the cryptocurrency industry and many were really affected. Perhaps the reason exchanges can't let it go is because of its large community that has been established in the crypto space. That in spite of everything, even if there was a big issue, many people still ventured to get a big income here.

It follows from the Bloomberg report that a court in Seoul issued an arrest warrant for Terraform Labs CEO Do Kwon and five other people with him on charges of violating South Korean capital markets legislation, Do Kwon is in Singapore. This will undoubtedly have consequences both for the platform as a whole and for individual users, although many have already lost everything, I hope that Do Kwon will be punished.

Source: https://www.bloomberg.com/news/articles/2022-09-14/south-korea-seeks-the-arrest-of-terraform-labs-founder-do-kwon?leadSource=uverify%20wall
Arhive:  https://archive.ph/eOjw9#selection-3753.0-3763.181

Exchanges including top exchanges still support Terra Classic after the catastrophe because they know LUNC has huge community and huge trading volume. Exchanges don't want to be outliers which don't support LUNC and they don't want to create negative thinking in their users.

Financially, by listing LUNC, they will get more income from trading fee and as we know, not all exchanges support LUNC burning by using their trading fee to buy back and burn Terra Classic.

---

I don't think Terra Classic is scam but it is a serious failure from concept. The response of Do Kwon and Terra team after the de-peg is just terrible and stupid. It is not scam but a serious failure in deed.

That's certainly true, mate. Exchanges list coins they believe would be very beneficial to them. Coins that are popular often generate big trading fees, even if some of them turn into a scam in the long run. While Terra Classic is not a scam, it turned into a failure because of the team's mismanagement of funds. If the Terra Foundation Guard (TFG) used its reserves appropriately, it would've saved the UST stablecoin and Terra's (LUNA) reputation. Instead, they've decided to create a new version of the Blockchain without focusing on burning coins from the original chain. These decisions caused an outrage within the community, effectively scaring away investors from the project (in addition to the rapid decline in both LUNC and USTC's price).

Now Terra's founder will go to jail, so I doubt Terra Classic will revive itself anytime soon. We should look for other alternatives which put investors' concerns above all else. Cardano, Polygon (MATIC), and BNB are your best bet to grow your investment in the long term. Crypto is extremely unpredictable, so I wouldn't be surprised if someday LUNC pumps massively in price at least within a short period of time. Just my opinion :)

if the team is still held by the old team like Do Kwon and others I'm not sure the terra LUNA classic will run smoothly in the future. but recently LUNA classic went up high a few days later there was news about the arrest of CEO Do Kwon, but the price didn't drop. i think there will be a replacement team with LUNA classic it will be better.

I'm sure it's not easy. investors are already too disappointed with Terra LUNA. whether they might be able to restore investor confidence that had been damaged by the attack on the old LUNA that shattered its price to nothing. LUNA's glory is over, it's better if we look for a fresher project, right?

whoever owns Terra Luna, they must have disappointed all investors who have trusted Luna as a stable coin and then dumped it into $0.
whatever happens will never fall into the same abyss, only people who have high expectations and may be said to be stupid still believe in it. because there are many other coins that have a good track record in the past and are more trustworthy than Terra Luna.
don't waste your time just because your expectations are that the storm will pass, it's very difficult in cryptocurrency and it's not that easy.
but if you really believe in your argument about the goodness of Luna after being held by different people it will give you future benefits, try to continue investing there and hold on for the long term and enjoy the black hole that you will meet after the disappointment of investors in the past .

this coin has a 50:50 chance in my view. A few days ago I heard the news that Luna classic would rise from adversity but after the next few days I also heard the arrest of terra LUNA CEO Do Kwon. this leaves me confused to determine how potential this coin is, but nothing is impossible to crypto. Luna Classic may be successful but with risks that we know.

Although Terra Luna is not a classic scam project, it is a very risky coin for people.People lose maximum amount of money from here and their trust and faith is broken from this platform.However, the project is on the verge of destruction today due to a huge mistake by the platform owners. However, despite their efforts to recover, they have succeeded given the current situation and the investment people have made can't do

While team of LUNA focus on the developmental aspects of Terra 2, Luna Classic would be run by its community. Community has aided the coin's recovery by passing critical proposals on Terra Classic (LUNC) burn in the hope to recoup the losses of the previous meltdown.

I think Terra Classic not scam, in the wake of increasing traction towards positive sentiment among the community, LUNC price could keep rising in the coming months.

Terra Classic is not a scam, but definitely not worth the investment because of the huge number of coins in circulation. The community approved a proposal to burn LUNC tokens with every transaction performed on the network, but so far, that didn't have a positive impact over market prices. Without mainstream developers building dApps on Terra Classic, the project would be nothing but a complete failure. I'm yet to see whenever investors' confidence will be restored after what happened with the UST stablecoin crash. It's hard to build back confidence when the majority lost all of their life savings in an instant.

If the community really wants to "revive" Terra Classic, it's going to need to do a re-branding of the project in order to give that "fresh image" to the public. Making some sort of a grant program would be a plus, as that would attract developers back into Terra Classic. The chances for recovery are pretty slim, so it's best to look for other options just to be safe. Just my opinion :)

At the start, when all this Luna drama happened, i thought there was some programming issue and someone exploited the Luna and its stable coin correlation but later when I see this news Terra Co-Founder Do Kwon Faces Arrest Warrant in South Korea (https://www.bloomberg.com/news/articles/2022-09-14/south-korea-seeks-the-arrest-of-terraform-labs-founder-do-kwon), i believe it is the inside gam which happened by Do Kwon and team to make money by scamming millions of people.

You are right. Everyone who is related to cryptocurrencies knows about Terra Classic. Everyone thinks Terra classic is a scam project and the price has dropped so low because of scamming. But many still don't know that the price of Terra Classic has come down so much due to excess supply although many are considering this issue as scamming. After all their banning mechanism is a good initiative. A few days ago Lunar owner received a legal notice accused of Luna crash.

That's why we can't trust Terra teams, they tried to scam a second time by creating new projects after LUNA fell very deep all of a sudden,
without any plausible explanation. I was very happy when I heard the news that the founder of LUNA had been found guilty, and has been
issued an arrest warrant by the South Korean police. So that everyone has an open mind that never trust Terra teams again. Even though
a few days ago the price of the LUNC pump, it seems that there are whales who take advantage of this situation, hopefully we will not be influenced
to buy LUNC. We have to start looking for other projects that are safer to buy and can provide big profits. So far indeed Bitcoin and Ethereum are
still my main focus, I'd rather spend my money to buy Bitcoin and Ethereum. Because I believe Bitcoin and Ethereum are very good for
long-term investments and can provide large profits in the future. So my suggestion is that we should forget about projects related to Terra teams,
I believe LUNC will be delisted from exchanges in the near future.

burn tax that will be carried out by every major exchange like binance. can make Terra Luna Classic fly again. or slowly climb back up. but we shouldn't rush to get in. because if you look at the current price, the potential for a decline still seems to be visible. so it would be very risky if you still buy while the downtrend is still going on.

Yes, Binance confirmed today that all fees on the spot and margin pairs LUNC/BUSD and LUNC/USDT will be converted into LUNC, followed by sending assets to the address for burning.
The first batch will be calculated from September 21 as of 0:00 (UTC) to October 1 at 23:59:59 (UTC) further, data on the number of coins to be burned, their equivalent value in US dollars and the transaction ID in the network will be updated every week.

Source: https://www.binance.com/en/support/announcement/4769eab576c4479eaa14adc1eb587226

I wonder why are people still asking such questions even after such a big event in the crypto history made everyone aware of how worthless is the Terra project.
After the huge collapse, it became evident that Terra will cease to exist. In fact, it was surprised when Terra launched the 2.0.
I knew it won't survive for long and so did it happened. I will still recommend people to stay away as far as possible from Terra.

Actually the Luna Classic team is still making a defense of what happened to their coin. They blamed someone for this, while the team still kept Luna Classic. At first glance we can say scams, but in other cases we can't say scams because the exchange still accepts them. If it's something scam do in crypto, the exchange should blacklist Luna coins on the exchange.

All of them should be accounted for the consequences that they have to face. AFAIK, the South Korean government is now hunting them and have released a ban for flights and as well as already cooperated with the Interpol.

It's just going to be a matter of time until Kwon will be arrested and surrender himself and he'll also point out where are his cohorts are hiding.

While for their projects, LUNC is the one that where exchanges are helping with while the new one, is likely being ignored.

the fact that luna has caused so many to lose their invesments is already such a big sign that it's obvious scam, even though there are many that still invests in the luna classic they are just seeking for quick profits nothing more,
if you wanna real investments then you should just avoid luna altogether, moreover even the new luna isn't really good replacement so basically both coin are failing massively, the only thing that's left is just some small valuation remaining compared with its former ath which I don't think gets ever reached again.

You cant hide forever and to those people who had committed crime will sooner or later would be caught or faced up some charges and now it did really happen on Kwon which serves him right, if we do look back on what

happen on that Terra then we could really say that lots had burned up their investments on this scam project.Serves him right as always and this is why its really important that people should stay away on something

been hyped because it is usually ending up on a disaster specially if the price turns out to be looking manipulative.

I am positive that they'll soon be caught and have to pay for what they've done to a lot of lives that they've done wrong.

But what I am thinking is even Kwon and his cohorts will be arrested. They'll just keep on insisting that they did nothing wrong and no money has been with them anymore.

If they tell that as an alibi, there will be those reports that I've seen lately that he has sent to two exchanges outside South Korea for around 3313 bitcoins.

Still can't confirm it's a scam coin, currently as far as I know the lunc is managed by another team and not related to the old team. Yes, if lunc is indeed a scam coin, exchanges will soon remove it from their exchanges. Recently, binance also announced that it will spend money to burn Lunc to support the development of this coin.

Binance exchange burned the first batch of LUNC commission fees for a week, which is about 5.6 billion LUNC tokens, in the equivalent of USDT, it amounted to about $ 1.863 million. https://finder.terra.money/classic/tx/F6B1CB656843438013D3C9A5948A1353AA3C65F6AE30D627AF791EEE0311AA36

https://twitter.com/cz_binance/status/1576996487241748480

Terra Classic and Terra Luna is not a scam project, because they are still trading on top one cryptocurrency exchange with a very high volume on the difference platform, while investigation still going on towards the Old Tarra Luna project, which the CEO trying to reviving the project back, which a matter of time. 

Recently CZ spoke on his tweet about his first burning of LUNC Coins with a total of 1.8 million coins. If you are interested in seeing the contents of the tweet directly, please visit CZ's tweeter, which is this
Tweet CZ (https://twitter.com/cz_binance/status/1576996487241748480?s=20&t=uW2pG8c-zhZJatUxodSWJQ) or this one tweet CZ (https://twitter.com/cz_binance/status/1577005693952876544?s=20&t=uW2pG8c-zhZJatUxodSWJQ)
hereby empowering people to continue buying LUNC. although high risk. in fact more and more people are coming into LUNC. they must know the risks they are taking. then no wonder the price of LUNC continues to rise. please do your own research.

yes

that's just small increase, considering it's still very far off from the former value before the crash of luna is happening, moreover the increase that luna had recently are just some temporary increase it doesn't last long meaning it's useless.

Tera is not a classic scam project. It was once a very popular and successful coin.But due to some mistake, this Tera Luna goes into ruin But the team works hard to save the project from scams.They are moving forward with a new project and a change of platform address.It won't be a scam, you can be sure of it. But people are very much scam from here and are in panic.

Scammers should be held accountable for their own actions. And the Terra project's team is not exempt from being taken by the full force of the law. By arresting the persons involved in Terra Classic, it's likely investor confidence will be restored. It'll be up to the community to come up with new ideas to help attract as much capital into the project as possible.

By itself, the project isn't a scam. But it's a gamble considering that there are still plenty of tokens in circulation. Fortunately, Binance has been contributing to the cause by constantly burning LUNC on chain. The more tokens are burned, the faster the price will be recovered. Who knows if someday LUNC gets past $1 per coin? Just my thoughts ;D