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It's clear that if the team is care with their stable token rather than lune who have been already heavily invested by so many tokens. The team was let its smartcontract to print bunch of luna while this time they can halt it to mint the new token. that means if luna developers has become the party that must be blame as well. That's why investors are very angry caused by this. So many of them have been putting their life, house, car and many more.
Just wanna see how this drama will be going on. Im sure that this another disaster in the crypto history
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I guess that if you can find another thread that was also talking about the same thing like this. There's no chance for luna to go up again. The only chance if luna will be going down even deeper from time to the another time. I think that if you have money that invested in this token in the past and you must let it go. So many people are feeling depressed after they were seeing their money gone to do kwon's wallet. Do kwon is laughing for anyone who have been loosing in luna
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It's sad to see that according to the latest news and the amounts if people are giving up with their lifes have been increasing a lot since the dump of luna. I know that if they were loosing bunch of money. They can't even cutloss or something else. They must have accepted the fact that if their investment gone to the zero investment and they got nothing from their investment. They can't even cutlose to save small amounts for their life but this is very bad.
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A small correction needs to be made. The ATL for luna was around 2 cents for now. it's not pumped to the 4 cents but yeah this coin has no future. Do kwon is more focusing to help the stable token rather than luna. This may become the end for this coin. The delisting that already announced by binance exchange site was related to the future trade and some adjustment like decreasing the leverage to the maximum 8.
this may be delisted from binance soon but a chance for this coin to recover is almost zero. I hope that major exchange site will be delisting this coin as soonm as possible
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So, have you been deciding to buy those tokens in your list and what's result from your portfolios? You may lose more than 50% of your investment if you have bought them all at the time you were making this thread. I curious about the result from your decision whether you have bought them or not.
Investing during the bearish market is not so good if you didn't know where is the bottom. Your money may go aware in a few minutes when market will be facing more and more dump.
This is the worst thing that is happening right now.
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LUNA DEVS ARE SCAMMERS they adding SUPPLY and DUMPING in the market LUNA supply increased from 300 Millions to +1 Billion in 24 hours
You are so mad to the luna developers and i do believe you are loosing all of your live savings, right? Luna minted when UST burned to mint new luna. that's why the circulating supply is increasing a lot and it's now more than 10 billions in the binance exchange site. If you are loosing your money and im sorry for your lose but again complaining here will not make you get back your money again. Luna dev has been ruining your life. Have you lost on both luna and anc? |
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Binance become a Shit Exchange that support Shit coins like LUNA and ANC I see that binance has taken a decision to delist luna prepetual trade and so many exchange sites are also starting to announced that to delist the prepetual and future trade for luna. LUNA price drop fom +11000 sat to 1000 sat in less then 12 hours and same
for ANC it seem that the devs of those two coins dumped thousands of BTC's
in the market and scam investors and Binance still supporting those Shit coins
Yes that's why this coin was a scam coin. The luna and anc developers were scammers and they are dumping everything to the mawrket. Look at how many people got scammed caused by this. Do kwon was the most arrogant developers that i have ever seen. He is paying everything right now. |
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The cause of the drop in the price of Bitcoin and other cryptocurrencies is due to the sluggish stock indices around the world in recent days, including the major stock indexes of Europe, Asia and the US.
It's only major thing that was triggering a few crypto investors to swap their assets into the stable token or fiat money but i just wanna tell you that if terra luna has made the situation even worst. In my opinion that selling big chunks of bitcoin into the market was causing the price of bitcoin to drop drastically to the bottom. The pressure is still even continue. Bitcoin may so stable at the current price but not when do kwon will be dumping his bag again to the market. This is the worst thing that i have ever seen |
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It's not the first time, don't you even watch during 2021 if shiba inu was always outperforming everything in the market? I think that's possible as long as there was a good update from the developers. FOMO will ignore the bearish trend but this gonna be for a short term but the long term will remain the same if polygon will be dumped again tot he bottom. Don't you see so many altcoins already outperformed major coins in the market. The situation is very bad right now.
Im not even sure such FOMO can make the price of token became sustain.
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If this crypto market correction keeps going on is HEX a good altcoin to add into your crypto portfolio?
It's not a good altcoin for now. HEX is quite stable even during the bearish market and that means the return will be low compared with the tokens that dumped even deeper than it. It will better to buy crypto which has been dumped so hard. The return will be more. I have heard about this altcoin for a long time now even while many believe its a pyramid scheme project but it doesn't look like one anymore, what do you think about HEX project let's discuss.
Yeah basically that's a pyramid scheme with no product and only using staking to make its holders didn't sell the token. In my opinion this is bad for long term but those who have bought early already made bunch of money. |
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If not, then its Terra Selling to pump thier ust. At least Terra company is being transparent enough and sincere about its plans on bitcoin. So its what we should expect if ust is not in same level as usdt.
Yes, terra was pumping its UST used bitcoin from the treasury/LFG. It seems like some bitcoins have been moving to the new wallet but this company has sold more than 500 millions USD worth of bitcoin to the market but the problem is selling in a loss was a disaster to this company. That's why terra wants to issue another 1.5 billions loan to make the UST stable. The idea by backing the stable asset with unstable asset was a very bad idea. This idea needs to be restructured again. |
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Bitcoin investors are in the midst of ongoing macro economic uncertainty and a possible US rate hike this week Currently, there are no major bullish catalysts on the horizon and Bitcoin is likely to move within its current range or drop lower
that things were triggering some big companies like terra luna, micro and tesla may dump their bitcoin to the market. Terra luna was dumping a lot of bitcoin to the market recently and this company was even selling their bitcoin in a big loss. Bitcoin price is still uncertain and the direction still remain the same to be unpredictable. Im thinking about another drop will occur very soon when market is not even recovering again. Buy altcoins look very risky at this moment but to be the best bet during the recovery phase. |
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That's quite small for me to be honest if you are able to put 1k into the some hype tokens a few years ago and you may have become millionaires or billionaires like when you are put it into the shiba inu during the end of 2020 and you have become the next billionaire or millionaires this year. It's caused by someone has been doing it by buying shiba inu when the marketcap was so cheap and he has billions of money right now.
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Yeah it makes sense even during the bear market and i would like to call this as accumulation time rather than the bearish time. The first layer coin has actual product and this is even more promising compared with another second layer blockchain. Remember the usability of first layer project is even more. The only problem is during the bearish market and it's hard to find the best position to accumulate more and more tokens from the market. Investing this time looks like a big bet.
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If you wanna see the payment that guaranteed and it makes sense to pick the campaign that paid the tokens that already traded on the exchange site. In my opinion that if majority of hunters are also looking for this of campaign but sometime the participants got limited and they have no choice other than tried to join into the new campaign that already promised to give huge reward from their tokens. Sometimes it's worth with their time but again this is a game of your luck.
if you are lucky enough and the token will worth a few bucks for each token
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This is a useless point, a massive sell of has happened many times in the past due to panic or other thing, yet when the time was right sellers started buying again, crypto is highly volatile and this is why people are even investing, the lower it goes the better, holders will hold and some will even buy more.
Holders will not be so good to see that happens. Even when you are saying like that and the holders will feel disappointed caused by their decision to not sell their tokens to the market, so many people are feeling depressed during the bearish trend like this, this needs a very long time to recover the price of token. that's why saying like that was easy for you but not for the holders. if you have experienced huge lose from your unrealized profit and you will always regret it. |
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I think that you can compare it with axie infinity but again you must also take a look at the various things as things that can be compared with axie infinity just like tokenomic and many more. If you are seeing the and it's pretty much coincidence but it's about the sustainabilty for the play to earn.
tokenomics will give huge impact to token price, we should how token used in project developtment. between axie and Stepn has similar tokenomic, but when differences founded it could make investors move to another projects. in play 2 earn or move to earn projects, users income will depend on this tokenomic, more profitable for user, the app will played by more people. You must also consider various bad things happened with AXS started from the big hack that was stolen 160k ethereum. Axie dev must also reimburse this with axie from their treasury.
The inflation of axie infinity was also very big at this moment
this hacking case also same to vulcanforged projects, and massive sell happen in market. each hacking case happen alot investors prefer to quit and sell their token. developers team reserve also used to cover investors Not with Axie infinity, all of funds already drained. Basically move to earn was also play to earn. I know that we can even rent it for free through divided the income with the shoes owner but it seems like this gonna be bad for long term. The hacking was that happened with vulcan was nothing compared with the axie. 160k ethereum were so big. this is also making the price to go down again |
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This can be various factor. This depends on what altcoin to be used as an example for that. Sometime it can be known but in so many cases the success of altcoins were coming from the major big news like partnership, adoption and many more.
It's hard to say that you will also face a project that got huge adoption but this project less popular compared with the project with very good product. I think that you need to use all of factors to determine the potential project to success.
I can't mention it as this is randomly happened.
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A bit surprised to see that the pressure tot he cake token was not so big. Can i call cake is the stronger one here? The future looks good. That means cake can still stand on its position even during the bearish market. this is only getting down a little bit. I do know how useful cake for people to get the passive income from the market. I will believe cake will reach 20 when the pump is back again but no one know when. If you expect this to happen this yea and you are totally wrong about this.
We didn't know when the market will be bullish again.
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Ape needs to develop its metaverse to make sure it can reach the doge coin but yeah it needs to be mentioned by elon musk on his tweet as well. This is clear that when a token got mentioned by elon and this willl be pumped so hard. It's pretty similar like shiba inu and so the key is elon.
So many meme tokens have big hopes to be mentioned by elon musk as well. This means if any project that got mentioned by elon will get very big attention as it will be seen by tens millions people in the market.
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