Do Anyone Think Luna Will Recover?

[mirakal]

I don't think Luna will recover anymore, because it will be very difficult to gain trust in people again, many people have been disappointed with Luna, including the team and developers who have also abandoned Luna.

Exactly, people will not trust them anymore, so it's better to abandon this project and look for a new investment opportunity. I'm sure the team understands this, so they might already be working on a new project. However, they will still take care of Luna to avoid any legal consequences for their scam. There are many promising projects in the cryptocurrency space, so there's no need to force ourselves to invest in a project that has already lost its credibility.

[Cadaver20]

Luna recovery is very uncertain. Because the developers of Luna have tried several times to recover it. But all efforts failed. Due to the crash of Luna, many have fallen into huge losses. As a result, no one can easily trust this coin. And that's why recovering it must be a challenge.

[mich]

Lawyers for Do Kwon claim fraud is invalid because $LUNA is a currency and not a security. This is for the $40 billion collapse of Terra Labs Terra USD.
https://cointelegraph.com/news/do-kwon-lawyers-reportedly-dismiss-sec-s-securities-fraud-allegation

[glendall]

Crypto is full of miracles, we don't know what will happen in a matter of seconds, a little hope for Luna returns to normal, I think it can be but it is very heavy, for those who still believe in Luna, please continue to hope

[LastKiss]

Crypto is full of miracles, we don't know what will happen in a matter of seconds, a little hope for Luna returns to normal, I think it can be but it is very heavy, for those who still believe in Luna, please continue to hope

Yeah, anything can happen in the crypto market, but LUNA will need a lot of changes and lots of good sentiments from many people. Most people in crypto already know about the incident that happens in LUNA and they don't want to invest again because they don't want the same thing to happen again with their money. LUNA will probably recover but for LUNA to reach $100 again will surely be really hard in the next bull run.

[CapGelatik]

Luna will recover if their project goes well, but don't expect Terra Luna to be like before, my target for Terra Luna is $3 to $5,
because if supply circulation is still like it is now in 2024 I'm sure it will be there but if the total supply is met then it will be difficult to reach $ 5.

[mich]

Well we have some good news for Luna. A Korean court has ruled in favor of Terra Co-founder Hyun-seong Shin. It has ruled Luna is not a security and no arrest warrants was issued.
But I do not think this does help Do Kwon in case with US. https://www.binance.com/en/news/flash/7520738

[Freddie Boyer]

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.

I think, it is possible that the market may change in its favor in the future. However, it is important to maintain a diversified portfolio and not rely too much on a single asset. Abaout The question of whether Luna will ever recover is a tricky one. On the one hand, the founder of Terraform Labs has indicated that a UST stablecoin recovery plan is coming soon, which could help stabilize the Luna ecosystem. However, the specifics of this plan are not yet known, and there is still a lot of uncertainty surrounding the situation.

[Septex]

The chances of Luna coming back again are slim. People have stopped trading in Luna due to the poor condition of its market. Luna has already been scammed many times. And with very little chance of its coming back in the future, people have lost faith

[alik111]

I don't think Luna will be able to recover it's price because it has been dumped hard and went to almost zero. So from that price it's almost impossible to recover as many users brought it from the deep. Again team isn't taking any action to recover some of its price. So we should far away from this project.

[cheezcarls]

This is almost a year old thread. Since the founder Do Kwon was arrested last time, we just do not know where it leads to next.

The future of Terra Luna is uncertain these days and the reputation is highly affected because of the damage they have caused last time for their investors and the entire cryptocurrency market.

My answer is a straight no for sure. End of the line for Terra Luna.

[Victorik]

You must be a very great believer to still believe that Luna has the potential of making a come back.
It may take a miracle for that to happen, but then I also believe in miracles.
However, I think it will take a whole lot for the coin to be revived, the damage done is too deep.

[lixer]

Well we have some good news for Luna. A Korean court has ruled in favor of Terra Co-founder Hyun-seong Shin. It has ruled Luna is not a security and no arrest warrants was issued.
But I do not think this does help Do Kwon in case with US. https://www.binance.com/en/news/flash/7520738

The first thing that you said might be a good news and will help recover Luna coin but there might be more than it on why their company have collapsed. What ever they do, they can not bring back the confidence of the public anymore so for someone who is still rooting for them, it would be better for you guys to move on.

It's been a long time now and there are now lots of new project which has a better potential than Luna but we must be careful now when in investing and its better to not put your 100 percent trust in the coin because some of them are like Luna who are only gaining the publics trust but deep inside, they have an evil plan.

[slashz9]

Luna will not be able to return to normal because investors have lost confidence in it, and one thing that needs to be known is that there may be many out there who will be like Luna.
but projects in crypto are still trusted because people still believe.

[PIMPdev]

I don't understand why people still keep talking about it and making this thread pumping. LUNA crashed almost a year ago, it's kinda obvious that it's not gonna recover.

[monineklutak]

Luna will not be able to return to normal because investors have lost confidence in it, and one thing that needs to be known is that there may be many out there who will be like Luna.
but projects in crypto are still trusted because people still believe.

How important is trust and I think it is very expensive for sure to restore lost investor confidence in Luna,
many people don't expect that Luna will return to normal because it's impossible,
for the crypto project itself there are still many who believe it is true.

[carrie_white]

Alter Finished A FUD Games Now What A Amazing Questions I Think LUNA Now Can,t Recovery Previously Moments And Just Wait And See What Will Be Happening In Future With LUNA.

I don't think it will be easy to gain the trust of people again after what happened to Luna, many investors are disappointed and feel fooled, so it will be very difficult for Luna to recover.

[albon]

Luna coin can recover if a miracle happens; it is almost impossible; this currency collapsed and lost all its value and lost the confidence of investors in it and giving investors and traders great pain that cannot be mitigated with time, supposing it can recover, how will it regain the trust of the crypto community and how can someone risk his investment in it after all that happened from its reckless team, I see that Luna coin is a page in a book and it has already been folded, so I'm giving up on it, and it's good that there are so many good alternatives on the market that have replaced it.

[Psynthax]

it will never recover I mean people are already moving on, there's no need to hold onto some shitcoin like luna when there is so many better and good project released in the meantime.
everyone attention now shifting over to arbitrum and sui, they already forgets that luna even existed, so I don't think it will eventually recover, instead it will just stay like this become highly speculative shitcoin.

[AmoreJaz]

Luna coin can recover if a miracle happens; it is almost impossible; this currency collapsed and lost all its value and lost the confidence of investors in it and giving investors and traders great pain that cannot be mitigated with time, supposing it can recover, how will it regain the trust of the crypto community and how can someone risk his investment in it after all that happened from its reckless team, I see that Luna coin is a page in a book and it has already been folded, so I'm giving up on it, and it's good that there are so many good alternatives on the market that have replaced it.

after a year of this thread, we all know by now where this project sits. but i think some of those who got screwed on the first failure still got a hold of their coin hoping that they will get back what they have lost. but from the looks of it, not a follower nor supporter of DK, he only used this project to enrich himself. i don't think he had a long-term plan for this project to begin with.