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Author Topic: Do Anyone Think Luna Will Recover?  (Read 1774 times)
lucks001 (OP)
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May 12, 2022, 06:23:09 PM
 #1

As Usual, The coin has the potential to recover, but at present things are extremely uncertain.

Because, Founder of Terra creator Terraform Labs, tweeted on Tuesday: “Close to announcing a recovery plan for $UST. And He Hangs tight On His Words.”

He added on Wednesday: “I understand the last 72 hours have been extremely tough on all of you – know that I am resolved to work with every one of you to weather this crisis, and we will build our way out of this.

lucks
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May 12, 2022, 06:30:58 PM
 #2

With adequate work, I believe the coin will recover in no time Luna has not crashed so there is every possibility of recovery from the current crisis phasing the network. If every hand will be on deck to work with the team in their plan to burn some of the coins and also stake some it will help reduce the circulating supply and that will take out whale from holding a large amount of the coin that could lead to future manipulation of the market. I believe the team is taking the right step at this hard time for the community.
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May 12, 2022, 06:41:26 PM
 #3

As Usual, The coin has the potential to recover, but at present things are extremely uncertain.

Because, Founder of Terra creator Terraform Labs, tweeted on Tuesday: “Close to announcing a recovery plan for $UST. And He Hangs tight On His Words.”

He added on Wednesday: “I understand the last 72 hours have been extremely tough on all of you – know that I am resolved to work with every one of you to weather this crisis, and we will build our way out of this.
All matters on how they would really be doing or making plans on recovering it up but dont expect for it to reach ATH.
https://www.analyticsinsight.net/will-terra-founders-last-minute-rescue-plan-help-ust-regain-us1/
FOUNDER’S LAST-MINUTE RESCUE PLAN HELP UST REGAIN US$1?
Dont know if they do have chance for some recovery but lets see.

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May 12, 2022, 11:36:02 PM
 #4

Luna will never recover. The market is already on its way to vanish.People will stop trading now. many exchanges have already suspended trading. Binance Exchange may soon suspend.Recovery would have been a long time ago but now it may not be possible.

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lobo13hf
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May 12, 2022, 11:45:12 PM
 #5

If you are still believing what do kwon said and you must be stupid enough as a someone that believe with scammer rather than try to accept the truth if luna already dead. This will never recover again. It's done for luna right now. just ignore any tweet created by do clown. This guy has bunch of money on his hand and that's why he has no care with others who have been loosing 100% of their investment caused by the terra luna dump. People must be stupid enough still follow do clown



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bhooscream
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May 12, 2022, 11:52:08 PM
 #6

The incident of Luna is very dramatic and terrific. The price drop is very drastic.
I think that it will be very difficult to turn back the price again. However, it doesn't mean that the percentage is zero. there is still a chance that Luna can rise up again although may need more time to grow and progress. But, it will happen if:
- Developers really focus and are concerned with this condition and make their best progress based on their fundamentals.
The community doesn't panic about selling again and again
- Stop spreading bad news about Luna again
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May 12, 2022, 11:59:07 PM
 #7

I did see some exchanges halting trading with Luna. It's definitely a sad time for those who have already bought something of it and then just lost a lot because of it. Maybe it will tarnish but it can be recovered? You will never know. It's always going to be with the developer that has started it. Maybe they would find a way but it would be very difficult and it would take time.

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sunsilk
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May 13, 2022, 12:12:53 AM
 #8

Yeah, there are chances that it can recover but I don't think that it will be back to its former.

It's always wiped out and close to zero from its price so if someone thinks that have lost money on this coin can his/her money can be recovered. Don't expect a lot.

What's gone is gone and treat it as a loss that you can learn from. Treat every word the foundation says with a grain of salt and you don't have to put trust and confidence on it at all times.

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May 13, 2022, 12:55:09 AM
 #9

I'm sure teraluna will recover and will bounce back to its original price but luna will take a long time maybe.
Because right now Luna's position is very bloody with a very very low price bounce, no one even thinks it will happen to Luna.
And what the big investors Luna felt was also painful with the losses that happened to them spontaneously.
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May 13, 2022, 01:09:38 AM
 #10

It seems luna is dead on binance, last price was 0.0005.

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May 13, 2022, 01:43:26 AM
 #11

Price will decrease more due to arbitrage on UST/Luna.. when and if the arbitrageurs can bring UST back to 1$, you can think about re-invest in Luna.. but as long as arbitrage is on-going and network congested, it can fall easily another 1000% from here..

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May 13, 2022, 05:29:40 AM
 #12

This is their latest tweet 3 hours after they halted the Terra blockchain,
Quote
The Terra blockchain has officially halted at block 7607789.

Terra Validators have halted the network to come up with a plan to reconstitute it.

More updates to come.

 that is the right to do now checking on Hotbit where I bought my Luna the trading has stopped the value when down to 1 sat the group chats comment is still off which is the right thing to do, it's a bloody week for the Crypto market but I doubt it's the end, it's on Luna only but what happens to Luna is very challenging for all of us here.

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May 13, 2022, 05:52:26 AM
 #13

As Usual, The coin has the potential to recover, but at present things are extremely uncertain.

Because, Founder of Terra creator Terraform Labs, tweeted on Tuesday: “Close to announcing a recovery plan for $UST. And He Hangs tight On His Words.”

He added on Wednesday: “I understand the last 72 hours have been extremely tough on all of you – know that I am resolved to work with every one of you to weather this crisis, and we will build our way out of this.
do you still believe what he said?
Come on guys, enough of the bullshit he's said so far, no one will believe it. terra(luna) is dead, nothing can recover when it falls so deep. even worse, there are already many exchanges that have started delisting luna&ust. this indicates that there is no hope for this project anymore.

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May 13, 2022, 05:55:02 AM
 #14

It seems luna is dead on binance, last price was 0.0005.
trading is still available
https://www.binance.com/ru/trade/UST_BUSD?

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This document is intended to be a living breathing document. Will be updated over time through discourse with the community.
https://agora.terra.money/t/luna-go-forward-proposal/7136/5https://agora.terra.money/t/luna-go-forward-proposal/7136/5

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May 13, 2022, 06:12:29 AM
 #15

It's over, I am patiently looking forward to how they will solve this problem when some people have already take their lives because of the huge loss Luna brings, I knew someone who lost 1.6 million dollars, he is someone I know so well, I am just trying to hard to calm him, telling his family not to leave his side, I doubt Luna will make a come back.

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May 13, 2022, 06:36:38 AM
 #16

I'm sure teraluna will recover and will bounce back to its original price but luna will take a long time maybe.
Because right now Luna's position is very bloody with a very very low price bounce, no one even thinks it will happen to Luna.
And what the big investors Luna felt was also painful with the losses that happened to them spontaneously.
I'm not sure about LUNA's recovery because with a large decline in LUNA, it will reduce investor and trader confidence in it.
So the potential to recover becomes very difficult for LUNA in the long run because it is about a coin's name and also the quality in it that has started to be tainted.
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May 13, 2022, 07:24:48 AM
 #17

With the same status as before? I highly doubt it. But for sake of profits, it will still be alive since it create huge volume on trading since its quite trending now. I was hit by the incident of this as I have ust, didnt managed to convert it right away to busd or usdt due to locking time of binance, thats why I was able to to recover mine I think half the price. Totally unfortunate, and especially hit a lot of Luna investors whom bought at literally at the top.

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May 13, 2022, 07:30:42 AM
 #18

It's dead. luna will never come back again later. The price is going so deep and the total supply was almost touching 1 trillions which were impossible for the price of luna to be pumped again. I think that you must forget this. Luna has no chance again tor regain its value at least not for now. No hope for luna this token will be done after luna fully delisted from binance. i hope that binance will consider UST too

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May 13, 2022, 07:38:39 AM
 #19

No one can say that what exactly are going on. But it will be difficult to say about luna recover . I hear that Binance unlisted luna from their spot, future margin......

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May 13, 2022, 07:43:58 AM
 #20

Almost everyone never expected that the price of Luna dropped drastically like it is now,
I also saw on the news a lot of people were stressed because of it,
the market is currently back up and hope that the price of luna will also rise again although indeed we don't know how long this will last because the market is still unstable
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