Halime Anatolia
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Where Digital Assets Meet Real Life Value
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May 29, 2023, 08:26:07 AM |
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after the project collapsed, there are still many people who believe it will rise, and some investors are still loyal to their belief in LUNA. however for me it is difficult to return, bearing in mind that it is not easy to get investors' trust back, especially for big investors, where investing in LUNA is like doing a lottery, especially now that we are in a bearish period, so there are still many other altcoins that are more worth investing in
Even though there used to be a thought in my mind If Luna was acquired by BNB I believe it would be able to turn the game around and turn things around, but according to reading this development it is no longer possible because there are many reasons why binace was reluctant to take over after the project collapsed because if the interpretation is more to lose than to gain I think . unless a miracle comes.
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Timmzzy
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Activity: 785
Merit: 34
SOL.BIOKRIPT.COM
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May 29, 2023, 08:47:07 AM |
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after the project collapsed, there are still many people who believe it will rise, and some investors are still loyal to their belief in LUNA. however for me it is difficult to return, bearing in mind that it is not easy to get investors' trust back, especially for big investors, where investing in LUNA is like doing a lottery, especially now that we are in a bearish period, so there are still many other altcoins that are more worth investing in
It is true that it will be very difficult for Luna to regain the trust of investors, the collapsed project really paid handsomely, we also need to be realistic to see Luna can revive and for me it is difficult but let's see. in this financial market, different coins and tokens coming in and out of the space its very hard to regain trust for any project (COIN) which has devalued, over a period of time and now trying to pick up it's peak from crash. many investors won't be so blined to get in such project (COIN). Even with the rebranding tho, we never can tell the future of luna. FINGERS CROSS
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judaspriest
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Activity: 1330
Merit: 100
C O M B O
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May 29, 2023, 09:59:37 AM |
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after the project collapsed, there are still many people who believe it will rise, and some investors are still loyal to their belief in LUNA. however for me it is difficult to return, bearing in mind that it is not easy to get investors' trust back, especially for big investors, where investing in LUNA is like doing a lottery, especially now that we are in a bearish period, so there are still many other altcoins that are more worth investing in
Even though there used to be a thought in my mind If Luna was acquired by BNB I believe it would be able to turn the game around and turn things around, but according to reading this development it is no longer possible because there are many reasons why binace was reluctant to take over after the project collapsed because if the interpretation is more to lose than to gain I think . unless a miracle comes. It's better not to hope that Luna will get back up I think it will be very difficult and will only be a waste of time, investors' trust in Luna has been lost and it will be difficult to restore it, but back again this is crypto no one knows what will happen next.
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raidarksword
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May 29, 2023, 01:18:06 PM |
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I don't think it will have the chance to recover from that kind of fall out and crashed. Many people lost their life savings and no one will ever will trust Luna again, its just a dead project that only making if alive are traders, other than that it is considered dead. Better to move on now and get into a project that can last for long term and of course it can be trusted.
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Psynthax
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May 29, 2023, 02:03:10 PM |
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honestly luna is done for, anyone thinking it could eventually recover are just wishing something that's good to be true. it's quite literally abandoned project and dying, there's just no future for this coin, other than being manipulated heavily by some whales.
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barlo357
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May 29, 2023, 08:57:22 PM |
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NO! It is like a meme coin now. With the actions made by Luna Team before, making a new token will not make them recover. Just another cash grab for them. Better stay out of it. Many people loss their money and don't let Luna team do that again.
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timoshani
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https://imgur.com/1d0UcY0
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May 29, 2023, 09:16:19 PM |
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if you want Terra Luna to return to $ 1, of course that's impossible, because Terra Luna's current supply has increased very much and has been rebranded to Terra Classic, yes I myself don't expect much from this coin, because this coin is dead for me .
Now some actions are being taken by the team to increase the incineration tax rate. This will reduce the excess number of Luna Classic coins. Many hope that this will become some kind of renovation of Terra. This idea was supported by several exchanges, including Binance. We follow the result.
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JeffBrad12
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May 29, 2023, 11:09:05 PM |
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NO! It is like a meme coin now. With the actions made by Luna Team before, making a new token will not make them recover. Just another cash grab for them. Better stay out of it. Many people loss their money and don't let Luna team do that again.
it's even worse than meme coin right now honestly, it's just a remnant of scam coin where many of the one that seeking profit from it just actually trying to go against the wave fighting against manipulation and usually just lost their money. this is just shitcoin that have really bad history right there that people should avoid, i also still wonder to this day why many are so eager thinking that this coin will recover, no it wouldn't and will never recover ever again. this coin just pure abomination that should be avoided thats it. even if this coin could somehow recover gaining fraction of its former all time high, eventually this just gonna scams again.
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Dollar_Hunter
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COMBONetworkio
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May 29, 2023, 11:14:37 PM |
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Luna will not recover and will never recover at the price it used to be before it went bankrupt, this is true even though CZ supports LUNA but to return a price above $ 10 it is very impossible, because LUNA already has such a large supply like other memecoins.
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lobo13hf
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May 29, 2023, 11:36:43 PM |
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Luna will not recover and will never recover at the price it used to be before it went bankrupt, this is true even though CZ supports LUNA but to return a price above $ 10 it is very impossible, because LUNA already has such a large supply like other memecoins.
true, it's total supply is ridiculously too much for a coin that's not supposed to be meme coin yet here we are, it's generally just a wishful thinking that luna will ever recover, those thinking that way are surely can't just move on.
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Ngemmeng
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SOL.BIOKRIPT.COM
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May 30, 2023, 12:22:26 AM |
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i see the total supply of LUNA is very large (similar to meme coins), i think it's impossible to reach the price like before. the LUNA team might be able to make coins again but what is hard to get is public trust, and without that trust the coins that are made will not be as big as the previous LUNA.
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Hispo
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Leading Crypto Sports Betting & Casino Platform
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May 30, 2023, 04:18:02 PM |
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i see the total supply of LUNA is very large (similar to meme coins), i think it's impossible to reach the price like before. the LUNA team might be able to make coins again but what is hard to get is public trust, and without that trust the coins that are made will not be as big as the previous LUNA.
I agree that to this point it may be almost impossible for the project to recover it's previous trust, value and volume. However, it is not impossible. There could be a way, if developers actually cared to give Luna some case use which would increase demand for the coin, paired with some serious burning taxes to steadily reduce the total supply. All those things are unlikely, tho. I am not even sure whether there is people developing Luna anymore or not.
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barlo357
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June 01, 2023, 07:35:24 PM |
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it's even worse than meme coin right now honestly, it's just a remnant of scam coin where many of the one that seeking profit from it just actually trying to go against the wave fighting against manipulation and usually just lost their money. this is just shitcoin that have really bad history right there that people should avoid, i also still wonder to this day why many are so eager thinking that this coin will recover, no it wouldn't and will never recover ever again. this coin just pure abomination that should be avoided thats it. even if this coin could somehow recover gaining fraction of its former all time high, eventually this just gonna scams again.
It still has a marketcap of 500 million USD and decent trading volume. I don't know why people still risking their money on Luna Classic. It will neither go back to $1 nor burn its supply. The one who benefit there are the whales who convince people to FOMO on it. Some are lucky to catch the bottom and profit very well from it, but it won't happen to anyone.
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Bolivar_Tony
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Activity: 322
Merit: 10
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June 07, 2023, 06:03:21 AM |
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I think they can still recover and learn from their mistake especially when they get all the support they needed from some of the big investment company, they can kick start again and i know people will jump in again to make huge profit when the price return back to it's orignal price before the crash
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ahoenk
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June 07, 2023, 08:33:02 AM |
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aint no way luna will recover, i have more confidence on FTT then Luna. how much money people lose on Luna and where it goes ? i heard that FTT have recoverd around $4 billion from its asset.
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Moshi Moshi
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June 07, 2023, 11:21:48 AM |
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There is no hope for LUNA to recover because this project has been abandoned by the community and its developers, we know that Do Kwon is now a fugitive and he is the biggest scammer in the crypto world, so forget about LUNA and go to other investments, because there are still projects trusts like Ethereum, XLM, or XEM.
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monineklutak
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June 07, 2023, 04:27:27 PM |
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LUNA will not go anywhere, even the potential to fall below $ 0.5 is still very large, because we know the total supply of LUNA is 1 billion coins and Circulating Supply 285 million according to coinmarketcap, if LUNA circulation increases and demand is not there it will obviously decrease every time , so it's better to avoid coins like LUNA especially since they are already considered a scam.
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Andrija Branislav
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CRYPTO WEB3 NEOBANK
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July 01, 2023, 06:03:49 AM |
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If that's true Luna Will Recover, at least it gives hope to investors, because he also mentioned working with everyone to overcome the crisis and build a way out of it. However, the success of the recovery plan is yet to be seen, and it is important that investors keep a close eye on further developments and make an informed decision because In total, the fraud caused a market value loss of $40 billion.
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