Will LUNA be recovered ever?

[eaLiTy]

there is already too much supply circulating in the market, of course this will make it more difficult for LUNA to increase,
to get at least $ 0.1 only LUNA must have more Marketcap than Ethereum, this makes it difficult, somehow Do Kwon solves this problem,
because many institutions have dumped up to -99% I'm sure LUNA will come back is real

There is no way LUNA is making a comeback, he is not even planning to burn the coins but planning to create another blockchain and then lure investors once again. Binance invested $1.6 billion in it from what i understand and everything is burned and Do Kwon does not care about any investors, he made his money with the scam and i wont be surprised if he comes again with a new project  .

[bitkanu]

it has died, the project itself has abandoned by the devs now that they are planning in making forked version of current LUNA regardless though it’s gonna be such a useless effort because
its just gonna decrease the value for both of the original coin and the forked ones.
I just see zero chance of luna regaining back its former glory because its just already being considered as shitcoin even right now so many traders are already putting this coin at the same level of meme coins, shiba coin in this case is just better honestly.

[Pamadar]

it has died, the project itself has abandoned by the devs now that they are planning in making forked version of current LUNA regardless though it’s gonna be such a useless effort because
its just gonna decrease the value for both of the original coin and the forked ones.
I just see zero chance of luna regaining back its former glory because its just already being considered as shitcoin even right now so many traders are already putting this coin at the same level of meme coins, shiba coin in this case is just better honestly.

If you are not willing and ready to take that big risk, better not to touch this asset.

Like what you just mentioned, people around are tagging this coin as another meme asset, more on speculation and more on
relying on pump and dump manipulators.

It will hurt your investment a lot if you don't know how to play with this kind of business. It's much better to look for other
project to invest your money, the chance is far better unless you wanted to play and take that big risk.

[manok jepang]

Previously I was very fanatical about LUNA because from time to time the price of luna was increasing, but after a big problem that suddenly occurred, where binance had removed LUNA from their sales list, I really don't think that luna will recover from the slump because this project has been abandoned by the developer,

[$crypto$]

Reported from Twitter @WatcherGuru that LKB will report to the court about the Terraform case which resulted in prices continuing to drop to 100% which is interesting again if this is granted then all assets can be confiscated, will this be possible?
Apart from this, there are indeed more investors in Luna, which eventually fell and could not be recovered.

News source:
https://twitter.com/WatcherGuru/status/1526892163056951296
https://watcher.guru/news/terras-do-kwon-drowns-in-legal-waters-as-south-korean-law-firm-issues-lawsuit

[Jocuserious]

LUNA went to ZERO, causing inflation. What is going to happen next? Is there any chance it will rise again in the near future?

With proper planning they can come back but it requires investor and maximum promotion. Investors have also lost a lot of money from luna so no one can easily trust the new one. Luna token has delisted almost all exchange with loss all biggest investors community and traders.

[trendcoin]

LUNA went to ZERO, causing inflation. What is going to happen next? Is there any chance it will rise again in the near future?

To be honest, I wanted to buy some when it dropped to $1. But I didn't. Even if it was unsuccessful, it could have been a good try at the time. But today it went down to zero. In this market, trust means everything. Luna has completely shattered people's trust. After this time, nobody trusts Luna again. At least I wouldn't trust it. :)

[passwordnow]

To be honest, I wanted to buy some when it dropped to $1. But I didn't. Even if it was unsuccessful, it could have been a good try at the time. But today it went down to zero. In this market, trust means everything. Luna has completely shattered people's trust. After this time, nobody trusts Luna again. At least I wouldn't trust it.

Yup, and that trust is no longer with the people that have looked how good it was before. But today, not anymore.
It's completely a different situation right now and people are no longer willing to throw huge money on this. For pennies, that's what I'm seeing and that's an amount that everyone afford to lose and maybe they can hit jackpot but, they've already accepted that it's a loss for them.

[Pamadar]

To be honest, I wanted to buy some when it dropped to $1. But I didn't. Even if it was unsuccessful, it could have been a good try at the time. But today it went down to zero. In this market, trust means everything. Luna has completely shattered people's trust. After this time, nobody trusts Luna again. At least I wouldn't trust it.

Yup, and that trust is no longer with the people that have looked how good it was before. But today, not anymore.
It's completely a different situation right now and people are no longer willing to throw huge money on this. For pennies, that's what I'm seeing and that's an amount that everyone afford to lose and maybe they can hit jackpot but, they've already accepted that it's a loss for them.

Yeah right, most of them if not all but the majority who before support this project already move on

to find new project to invest their money, they all accept the fact that interest coming from big investors already been shifts
due to the fact that the massive dump can't no longer be controlled.

moving forward or still try to risk some spare playing with the pump and dump market movement, it's up to the investor
who can afford to lose.

[passwordnow]

To be honest, I wanted to buy some when it dropped to $1. But I didn't. Even if it was unsuccessful, it could have been a good try at the time. But today it went down to zero. In this market, trust means everything. Luna has completely shattered people's trust. After this time, nobody trusts Luna again. At least I wouldn't trust it.

Yup, and that trust is no longer with the people that have looked how good it was before. But today, not anymore.
It's completely a different situation right now and people are no longer willing to throw huge money on this. For pennies, that's what I'm seeing and that's an amount that everyone afford to lose and maybe they can hit jackpot but, they've already accepted that it's a loss for them.

Yeah right, most of them if not all but the majority who before support this project already move on

to find new project to invest their money, they all accept the fact that interest coming from big investors already been shifts
due to the fact that the massive dump can't no longer be controlled.

moving forward or still try to risk some spare playing with the pump and dump market movement, it's up to the investor
who can afford to lose.

It's up to everyone if they still think that there's such money on this project. Well, probably there is but it's true scalping and quick trades but having it as an investment.
I think that everyone is going to agree that it's no longer reliable and if they'll ever invest on it, they might say that it's a no and that's not going to ever be part of the conversation again.

[Pejoh Asu]

I think Luna has the potential to recover, if the market can improve, I'm sure Luna will immediately enter the top 50 ranking, now let's focus on Luna invest and I'm sure you can profit at least 5x in the current year.

[gabbie2010]

I think Luna has the potential to recover, if the market can improve, I'm sure Luna will immediately enter the top 50 ranking, now let's focus on Luna invest and I'm sure you can profit at least 5x in the current year.

I don't think LUNA has any chances of recovery, considering the rapid crash in the project and the lackadaisical attitude of it's developers in stopping it's downtrend, this is a big source of worry and consign, investors wouldn't want to take any risk again, they would rather choose another project, I believe LUNA is gone and might not bounce back again, lot of it's investors lost huge amount of funds in the project, it's a pity a once thriving LUNA in cryptocurrencies market gone down the drain, this sole crash of LUNA reinforced the fact that investing in Bitcoin or ethereum is credible and reliable.

[passwordnow]

Yup, and that trust is no longer with the people that have looked how good it was before. But today, not anymore.
It's completely a different situation right now and people are no longer willing to throw huge money on this. For pennies, that's what I'm seeing and that's an amount that everyone afford to lose and maybe they can hit jackpot but, they've already accepted that it's a loss for them.

It's over for Luna now, it's time to switch to other coins and start rebuilding our investment mentality, the events that happened with Luna are enough as an illustration, that going forward to start investing is no longer based on the ongoing hype, and even if it stays at Luna, not necessarily in the future will provide perfect returns, it is better to prepare investments in other potential coins

There will still be investors that would follow the hype, despite this series of dump with Luna and Ust. Still, there will be some of those that would be putting their trust in other projects that are likely as these two because they're not Luna and Ust.
The different of the investors that are aware of these projects that don't look good, they'll secure themselves buying bitcoin as their main priority investment before they throw hands to another project whether it will be good or bad.

[Pejoh Asu]

Terra must skyrocket and reach at least $ 50, if this year cannot reach $ 50, I am sure Terra will die and be left by investors, this is an important lesson for Devs. that when they make decisions that are contrary to market law with the aim of big profit, it will certainly be easily known.

[Anguwa]

LUNA went to ZERO, causing inflation. What is going to happen next? Is there any chance it will rise again in the near future?

I am not sure if LUNA will rise again as it was before, because many people lose interest in Luna and there is no more Trust in the project anymore. Since I started trading, I never see a coin that dip like LUNA, because the dip is too much, so Luna have lost the trust from the entire cryptocurrency community, I am not sure if it will bounce back again.

[adiebitsler]

Terra must skyrocket and reach at least $ 50, if this year cannot reach $ 50, I am sure Terra will die and be left by investors, this is an important lesson for Devs. that when they make decisions that are contrary to market law with the aim of big profit, it will certainly be easily known.

Terra Luna will have to struggle to realize that $50 price in the market and I think it will be very difficult for Terra Luna at this point because to reach that $50 price after such a huge decline, it will certainly take time and a lot of struggle for them. Terra Luna.

[Rampagoe004]

Currently the LUNA team is working hard to revive the value of the coin that has dropped dramatically, and they want to replace the classic LUNA with a new LUNA so that the price change will increase again in the near future, but I think this will be difficult because many investors are starting to doubt the coin so they will look safe first and do not want the loss to be felt a second time.

[MiF]

LUNA went to ZERO, causing inflation. What is going to happen next? Is there any chance it will rise again in the near future?

Only time can tell about Luna's recovery, most of the investors who invest big amount of money on luna are losing 99.9% the trust is also loss this time and it is really hard to trust on the projects that make us disappointed.However the future is still depend on the teams development plan in the near future so lets just wait for the next update.

[davincicode666]

Only time can tell about Luna's recovery, most of the investors who invest big amount of money on luna are losing 99.9% the trust is also loss this time and it is really hard to trust on the projects that make us disappointed.However the future is still depend on the teams development plan in the near future so lets just wait for the next update.

If the investor's trust has lost so much in Luna, it will be very difficult for Luna and her team to recover Luna and provide a good update, especially this year because Luna's party still really needs investors at this time. And that has become an obstacle for the Luna team at this time.

[cheezcarls]

LUNA went to ZERO, causing inflation. What is going to happen next? Is there any chance it will rise again in the near future?

I hate to say this but I don’t think it will recover. As you can see, Do Kwon is facing a lawsuit from a South Korean law firm and also a tax evasion case of approximately 78 million USD. With these bad news going on, LUNA will plunge even further even with the proposed fork. Most likely those who have hold some LUNA will just simply dump the newly-forked tokens and even drag the original LUNA and UST into it.

His chances of making LUNA relevant again are zero to very slim. This will just end up as a new memecoin instead.