It gives a level of confidence to investors knowing the identity of the people behind the projects they have chosen to invest in. Investors have placed more emphasis on this aspect and it seems some project owners who want to be taken seriously have to reason with the demand of the majority.
Despite having a public profile some unscrupulous team still finds a way to do shady stuff and make it look like an attack. Do Kwon may be publicly known but what truly happened with terra luna still remains a mystery.

There are always going to be regrettable moments in crypto because we are still among the early people in this space, we will always make mistakes as we navigate the crypto ecosystem. The important part is learning from these mistakes.
In my case, I sold some coins earlier than I should and I still regret my action now, if I had hodl, it would have made a big difference in my portfolio, but sometimes it is not easy to predict the outcome of a project.

Yes bro, unfortunately sometimes you don't see it as greed, you thought you are being a smart investor. I have had a similar experience but in my case, it wasn't a rug pull but the price dumped so hard I sold for way less than I should have. Mine wasn't a direct investment but a bounty reward that did like x20 and above and I didn't sell until it dumped so hard. Lol, it was funny and foolish at the same time. I guess these are everyday crypto lessons.

@op asks a question that doesn't have many details to enable members to respond accordingly and he hasn't come to check if his question has been answered or if there is a need to add additional information.
Assuming 0.23 is the price of this cryptocurrency op is referring to, the price is relatively fair depending on the caliber of the project, there are thousands of alts in the market but some are of better standard and quality than some.
For a project with high potential, such a price can not be considered too high with a long term goal in mind.

Not all ticket buyers understand blockchain and what nft is all about bro, although it would have been a good way to create awareness among people who are not familiar with nft or blockchain.  They must have thought about it and considered the non-crypto people too. Not all members of crypto community understand how nft works as well. It is a gradual process.

Btc bailed you out halfway through even though not up to the entire funds you are looking for. Good thing you still had the screenshot of you keys in your device, you never know how an old waller with little sat in it can make a difference now.
I had a similar experience long ago, I had btc in my old wallet that ignore because the value was small..... then btc price pumped to 20k and my small btc price was high I couldn't believe it, it was a good feeling.

If people don't buy the nonsense anymore then why are you here trying so hard to prove a point? I believe people have the right and freedom to do as they please. You are too emotionally involved in this your campaign against btc and trying to make it look bad even though btc is not your enemy.
There is nothing you can do or say to change the revolution, you can either be a part of history or stand aside and watch as it unfolds, year after year.

Big mcap coins won't give the kind of massive profit the op is looking for although this current market has really brought down the price of many alts to an affordable price I still believe such returns can only be possible from freshly launched projects who haven't had the opportunity perform in terms of price imo. However,  you need not look too far to know those alts that are worthy to buy now with such discount.
 

Live and already got dumped by the whales -70% lol, what a good welcome to the new luna 2.0. For now, most retail investors can't recover their loss they will have to hold and wait patiently for the price to up to the level where they can recover their loss.
This project already lost credibility so they will really have to work hard to regain trust from the community if ever it will happen.

And despite such huge amount of money lost, the terra luna team could not publicly claim responsibility for their deeds and properly apologies (even though it won't bring back the lost funds) it will show concern from the team, but they are quick to come up with a new proposal to fork. Anyone still trusting this scam project really haven't learnt from the first scam and wants to be scammed again. But i disagree with binance being involved in this, i don't know why you would think that.

Lots of mix feelings about this new luna, majority of investors are some how confused on the approach to take, imo nothing much should be expected from this fork luna, as much as Do Kwon want people to start believing in the feeling is not mutual. He already lost the trust of the community when he neglect their desire to burn and came up with a fake poll. I will rather watch to see the reaction from traders.

Bear period is pretty hard on projects, both already existing ones and the newly launched or about to be launched suffers a lot because of the situation, many investors are unwilling to invest because of the general fear especially on alts projects. However, there are few projects who manage to be successful in their sale despite the bear season. it all depends on how good the projects are and the community support they have. overall i believe we can gain a lot in bear market as well.

How soon are they planning to phase the Naira note out? i thought the e-Naira was recently introduce by the Nigerian government! i doubt 90% of the Nigerian citizens are already aware of the e-Naira or how it works, if they stop circulation of Naira note and don't educate people more about e-naira especially the less privilege who are the majority can result to problems i.e if they will be true to what they just propose.

Now the community can see how centralized the Luna ecosystem is and not worth wasting their time supporting, any project that fails to listen to voice of the community and make and take decisions solely should not be supported (at least not 100%) all the trust the Luna community had just went under the bridge. Do Kwon don't care about the community feelings except for his own personal interest.
Let's see how successful this so-called v2 will be.

So how authentic is this information? Is the op a member of the mexc team! Anyways, if this is true it a good gesture from mexc which shows someone is actually trying to help although I don't know what this offer will do or help the victims who have lost thousands of dollars, some lost their life savings in this situation.
Imo, if various exchanges really wants to support these victims they should unanimously come up with a good solution that will benefit everyone who losses in this difficult situation especially the ust guys, they are the biggest victim in this situation.

Speaking from the average Joe's perspective, I would say No btc won't be used by them to transact. Let's keep the transaction fees aside and look at the security aspect, the probability of an average Joe getting hacked and losing funds is very high.
Everyone needs a device and working Internet to transact with btc, lots of average Joe's don't know how to be security conscious, people use their smartphones to visit all kinds of sites and download anything they find interesting which is a major limitation.

And if you go by some suggestions that say keep the majority of your btc in a cold wallet at home (since you can't carry your laptop or hardware device about) and only load your device with what you need, that's a tough thing to do, how would you know what you will need! there are unexpected situations that will occur and requires funds, what will you do! Run back home to reload?
The truth is it is not as simple as some btc enthusiasts want it to be, there are lots of processes and procedures which will definitely prevent an average Joe not to use btc for everyday transaction.

Even with opportunities like this, many people are still afraid to buy cos of the possibility of the price dropping lower. In reality, every btc drop is an opportunity, price drop is more positive than negative. If you are an ath buyer,  all you need is a little bit of patience and dca, and for others, a great time to buy at a more cheaper price.
This is the time to build your portfolio against the next bull season instead of being fearful, btc investment has been proven to be the best choice among other assets, so why not take the opportunity.

I was actually shocked to hear that from cz, that was a huge amount of money that went under the bridge. This luna incident really affects many investors, retailers, whales and even exchange like binance. I know binance is a big exchange and may not feel the impact of this loss but am sad for the retailers and small investors who had their life savings on luna, i think for their sake, Do kwon needs to do something to save luna so that investors can recover their loss.

All this things about some alts not making ath again may be true but in proper bull season the story can also be different, even the most shitest project end up pumping. Doing research or what have you is not a bad idea but in crypto it is very hard and difficult to determine what can happen (speaking from luna perspective). Yeah, if this bear market continues lots of project with no utility will probably die and not able to revive. So it is important that investors be very cautious during this period.

It appears Do Kwon already plan this out even before the melt down from this article on telegraph which explains    "Initially reported by South Korean news outlet Digital Today, the information obtained from the country’s Supreme Court Registry Office highlight that Do Kwon successfully instigated the liquidation of two branches and an entire company".  I think this is a well-laid plan by @stabelkwon only that the terra luna community is just finding out now. There are too many victims for this not to attract the legal bodies.