Holy Crap ! Terra is gone to zero ?!?!

[andyou1234]

Down 100 % on CoinMarket Cap !! What !?!

Terra was a scam from the start. Anyone who did some research could see that it was unsustainable. I'm glad I put my money in FTM and CNDL. FTM is starting to recover in price and CNDL didn't get affected by the market dump. I'm also buying MATIC at these prices and I hope you do the same.

even though LUNA is currently in a very crazy polemic, but I didn't see this coin a scam from the start, but I saw that the coin was very consistent where its development from time to time experienced a significant increase, and there have been many big profits for the holder, but this year the LUNA collapse really occurred where the price of LUNA fell almost 100% which made the holder make the lost.

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[poodle63]

Ithink not going to zero buy new luna and hold it wait for the bullrun and soon luna will hit 200 usdt soon again. Also hold lunc soon it will good like ethereum classic

That is quite doubtful for the new luna to even having reach that high price point, lets be real $200 is kinda hard if the current new luna hardly retaining its first listing value, it has go down literally 60% the first day it got listed, meaning that there is less anticipation from the masses.
even LUNC just gonna be another shitcoin, I mean even meme coins like doge at this point is better than LUNC, at least with doge you got elon musk support unlike LUNC it's literally floating away and maybe gonna gets delisted from various exchange soon.

[Desmong]

It looks like the CEO of terra is very wise to have created a folk coin that will continue from where terra stops. The team had made there biggest mistakes and I know many investors do not have concrete trust in the project again. Many Investors are still waiting for the right time to take their profits and leave the market before the whales will finally dump it again.

[bittick]

Many Investors are still waiting for the right time to take their profits and leave the market before the whales will finally dump it again.

Profit for what? majority of investors are loosing a lot. they were not even getting profit from what they have been holding, the scalpers were who already taken huge profit from the dump of terraluna. This can be said that when you are seeing a huge crash and this will become a very bad thing for the future even when the developers intention to release bunch of tokens to the market but yeah this is how crypto trust is working right now.
once you find that if developers were doing shady thing and this will make you become a very bad thing.

[onecall123]

Many Investors are still waiting for the right time to take their profits and leave the market before the whales will finally dump it again.

Profit for what? majority of investors are loosing a lot. they were not even getting profit from what they have been holding, the scalpers were who already taken huge profit from the dump of terraluna. This can be said that when you are seeing a huge crash and this will become a very bad thing for the future even when the developers intention to release bunch of tokens to the market but yeah this is how crypto trust is working right now.
once you find that if developers were doing shady thing and this will make you become a very bad thing.

He might be talking about seasonal investors, those who pay close attention to the Terra market and make a lot of money. Anyone investing in Terra 2.0 should get out as soon as possible before they rug pull the entire amount. As a result, developers had done shady things, investors had lost their trust, and being too closely connected could leave you alone. Keep yourself safe by staying away.

[bestcoins1]

It looks like the CEO of terra is very wise to have created a folk coin that will continue from where terra stops. The team had made there biggest mistakes and I know many investors do not have concrete trust in the project again. Many Investors are still waiting for the right time to take their profits and leave the market before the whales will finally dump it again.

Investors are just waiting for a return on the capital they used to use on Luna, because I think it's very difficult to make a profit on Luna now, especially since the market support is not good, as well as support from investors. So I think taking the authorized capital and leaving Luna is a very appropriate option instead of having to wait for profits to come through Luna again because the potential for disposal is still much greater for Luna.

[trendcoin]

Cryptocurrencies always involve high risk. Therefore, such disasters are always potentially present in this market. We may see other coins going from a hundred dollars to plenty of zeros. But the Luna incident has already gone down in history. I think this sad result will be talked about for years as a crisis. Therefore, we need to stay away from algorithmic stablecoins a bit. They are not providing a reliable enough service for now.