what will happen to LUNA?

[RealMalatesta]

What are your thoughts on LUNA? What will happen in the next 24 hours? Will it go to 0 or up?

A lot of uncertainty happens in the forum but what we can do is only wait for the team to give us the next step for them to recover from this mess. It's hard to recover LUNA to the normal condition in a short term but I believe that Terra stable coin will back to as it should. Now many exchanges delist $UST and many exchanges ban deposits and withdrawals for LUNA so what we can do is only wait until there's an official announcement. If you believe this project will survive just hold tight like Do Kwon said but if not better to cut loss.

They will not be giving you any reason to be hopeful. I mean Luna is gone and Do Kwon is basically just wiping his tears with 100 dollar bills at this moment. I believe that all of the money is out of the market, Luna team and their opponents took out everyone and they are just going to count their money while everyone in the market cries.

I never had any Luna so I am not bothered by it, I have few others that went down of course because of the market but that's fine, there is nothing wrong with that. I do not know what could be done about this, but I know that it's not going to be that shocking if you ask me if it just ends up dead.

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[barbara44]

It will be gone, nothing more than that is required to know actually. I mean think about it, it was around 80+ dollars just last week, now it is under 10 cents, if something crashes this hard, do you really think that there is even a small chance that it would recover? Maybe it will reach to 1+ dollar if they are lucky and work really hard and convince enough people, but that is a big enough drop that being 1*-2 dollars wouldn't really matter.

I am sorry but luna is gone, throw the dirt on it and say your graces and just move on. The market will recover though, we have seen plenty of dead projects before and we recovered from all of them eventually.

[TastyChillySauce00]

its now almost zero, you can buy  millions of Luna with just hundreds bucks!

[/quote]Yeah and i have bought some and scaling the market, i make decent profit

seems the project failed,  the team has closed the discord and telegram group!  and the most important:  the price for UST is now only  0.1 USD

They are still active on their own forum to find the solution but yeah this is not the best way to do that caused by the solution will always bring doubled edge knife for them.

I don't know how even can solve this problem , it's dying!

This can't be solved even with burn mechanism and this can only be done by the profit companies. The main concern is they are intend to release the fork version of luna token. I know this is a better way but so many people owned old lune and they will be owe caused by the fork