could TERRA LUNA classic ($LUNC) go back to $1 dollar?

[tbct_mt2]

I did see it a few days ago. but usdt has much longer experience than UST so I don't think USDT will collapse at this time like UST. so the worries of USDT users have now subsided. even USDT has been in crisis a few times and has even been hacked in the past. but they always get through tough times. and get back up. Armed with this experience, I think for now there is nothing to worry about USDT. even though I still saw the USDT sell-off increased yesterday and many have switched to BUSD. but now it looks stable and balanced again.

UST and USDT are built on different collateral. With USDT, it is fiat-backed stable coin. With UST, it is crypto and algorithm backed stable coin. The part of algorithm makes it very vulnerable to collapse.

BUSD is similar to USDT that is fiat-backed stable coin. So no matter what happen on the market, stock to crypto, they are safe because one dollar is one dollar forever. It is just their purchasing power can be lost by inflation only. USDT and BUSD don't lose its peg like UST if their stablecoins will continue to be 100% backed by fiat.

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[Shasha80]

There are so many questions that I come across about Terra Luna. starting from whether to rise again? will it return to $1 ?
and I also can not respond because of my limited knowledge about this.
maybe here friends can explain a little about the possibilities that can happen to this Terra Luna coin.
I will appreciate any of your opinions. because good conclusions can not be drawn if only done alone. it requires collecting data from multiple sources and many people.

This is a Year time question mate to be answered , LUNA had become a Scam project nowadays and with this? who will invest for this coin to attain again that 1$ value ?

I can feel that you are one of those who had been locked in the dumping and now desperately needed at leas 1$ price to get out , If I were you ? best to keep the coin for long or sell it now , depend on your needs and trust about this currency , but for me? i will rather keep it as it has almost no value nowadays.

Indeed, our best choice is to just hold the LUNA that we have, because selling the LUNA that we have now will only make us lose money.
Being forced to sell at a very low price like now, only makes us more stressed because LUNA is already very worthless. We can only hope
that LUNA will recover again in the future, although to be honest I'm not sure LUNA will recover again, know that many investors have been
harmed by the decline in LUNA prices. It is certain that experienced investors have lost faith in LUNA and may not buy LUNA again. Maybe
if someone still buys LUNA, it's because they still believe in LUNA's future, that's also definitely not a lot. Or it could be that the person who
bought LUNA was a newbie who did not have a good knowledge of the crypto world. The conclusion requires a miracle for LUNA to return to
the price of $ 1, because it is almost impossible for LUNA to recover from its current condition.

[2tang]

I did see it a few days ago. but usdt has much longer experience than UST so I don't think USDT will collapse at this time like UST. so the worries of USDT users have now subsided. even USDT has been in crisis a few times and has even been hacked in the past. but they always get through tough times. and get back up. Armed with this experience, I think for now there is nothing to worry about USDT. even though I still saw the USDT sell-off increased yesterday and many have switched to BUSD. but now it looks stable and balanced again.

USDT is always stable and balanced in every condition even when it is in trouble, and from that everyone can also conclude that USDT is a stable token that already has a very strong foundation so that it can always be stable in all conditions and will not experience anything like that experienced by UST at this time.

[junmisakiro]

There are so many questions that I come across about Terra Luna. starting from whether to rise again? will it return to $1 ?
and I also can not respond because of my limited knowledge about this.
maybe here friends can explain a little about the possibilities that can happen to this Terra Luna coin.
I will appreciate any of your opinions. because good conclusions can not be drawn if only done alone. it requires collecting data from multiple sources and many people.

the developers of Luna seem to have given up, they can't save this Luna coin anymore, this can be seen from their Tweet on Twitter. now that Luna has fallen too deep in just a few days, I don't think this coin will be able to rise again. if indeed the Devs want to save this coin then they have done it when the coin fell not too deep.

[fullhdpixel]

Luna became a coin that made many people suffer. People do not want to believe this decline and hope that it will return to its old levels. That's why he's after buying from the lowest levels and making a lot of profit. but I don't think it will come back to old levels. even if that happens, it may be after a very long time.

Yes, I totally agree with you that Terra Luna is unlikely to be able to repeat the achievements that have been made in recent years, and everyone is so if very disappointed to have to buy this token again, but for those who want to try investing with Luna, it's worth it You change your plans and choose more potential coins like polygon matic and solana because these coins have a very good future,

It is sad that with a single mistake or bug in the system can make the whole project collapse in an instant. I guess this was one of the disadvantage of cryptos. That is why we must choose wisely and more important is don't be greedy but sell when you think your profits are already huge so that you won't regret if something bad that will happen eventually.

Once trust is lost it will be hard to regain it again, this is why I don't think luna can recover as most of the people and most of the exchanges have already made their decision final and that is to abandon this coin permanently but for sure the people behind this are going to pay for what they have done in the public.

[fortuner]

Luna became a coin that made many people suffer. People do not want to believe this decline and hope that it will return to its old levels. That's why he's after buying from the lowest levels and making a lot of profit. but I don't think it will come back to old levels. even if that happens, it may be after a very long time.

Yes, I totally agree with you that Terra Luna is unlikely to be able to repeat the achievements that have been made in recent years, and everyone is so if very disappointed to have to buy this token again, but for those who want to try investing with Luna, it's worth it You change your plans and choose more potential coins like polygon matic and solana because these coins have a very good future,

It is sad that with a single mistake or bug in the system can make the whole project collapse in an instant. I guess this was one of the disadvantage of cryptos. That is why we must choose wisely and more important is don't be greedy but sell when you think your profits are already huge so that you won't regret if something bad that will happen eventually.

Once trust is lost it will be hard to regain it again, this is why I don't think luna can recover as most of the people and most of the exchanges have already made their decision final and that is to abandon this coin permanently but for sure the people behind this are going to pay for what they have done in the public.

It's good if they want to pay for all other people's losses with openness, but all of that is true or just sympathy to attract their attention so that they return to trust in the square.
And I also think that even if they wait for them, all the losses they have experienced have been paid, but they certainly won't easily believe in the square anymore and they will also be more careful.

[nimogsm]

There are so many questions that I come across about Terra Luna. starting from whether to rise again? will it return to $1 ?
and I also can not respond because of my limited knowledge about this.
maybe here friends can explain a little about the possibilities that can happen to this Terra Luna coin.
I will appreciate any of your opinions. because good conclusions can not be drawn if only done alone. it requires collecting data from multiple sources and many people.

the developers of Luna seem to have given up, they can't save this Luna coin anymore, this can be seen from their Tweet on Twitter. now that Luna has fallen too deep in just a few days, I don't think this coin will be able to rise again. if indeed the Devs want to save this coin then they have done it when the coin fell not too deep.

We need a lot of money and new reserves, I can't imagine where you can find so many new investors in such a market now.The reputation of the project has been lost, people have suffered huge losses that they will never recover.

[Ezravdb]

We need a lot of money and new reserves, I can't imagine where you can find so many new investors in such a market now.The reputation of the project has been lost, people have suffered huge losses that they will never recover.

It will be very difficult for the team to build new trust in the circle of investors now, especially when the conditions are not possible because investors have suffered huge losses so it requires a lot of motivation and time to be able to trust Luna again.

[beerlover]

This dream is never come true, because of LUNA circulating supply. If it will reach 1$ then LUNA will overtake even Bitcoin. So, it’s never possible for the current 7 trillion of LUNA supply. I don’t know team will take decision or not if burn supply which they minted for the several times otherwise there are no hope LUNA will go back at least 1$ in the future.

That circulating supply issue could have been solved if Luna team wanted to, but they failed and they are never going to recover. If I had as much money as they had, I would simply just get as much luna as I possible can, and even UST, and then end up burning them and getting them out of the circulation and that would be awesome.

I personally like to make them realize their mistake face to face so that people would actually be voiceless, they would stay speechless when you show them how they could have forgot about their personal gains and focus on something that is a bit more personal but they do not do that and they just care about the money in their pockets and prefer not to fix it.

[FanEagle]

I think to reach 1$ for terra luna at this time is a very difficult thing, because the price decline that occurred is very large and this project also there is a threat of removal by several large exchanges that are currently very disappointed and feel harmed by the project, then if there is a new update made by the team to again lift the price of terra luna then it takes a long time to get the highest value as it has ever happened previously.

The amount of coins that they have at this point is the reason why it would keep it being a problem. 6.5 trillion coins means that if it is 1 dollar then it would be 6.5 trillion dollars and right now bitcoin is 555 billion dollars in marketcap, hence why I believe that it would be funny to imagine that.

The best I can see right now would be 0.01, so 1 cent, in that case it would be 65 billion dollars, and that is the best it could ever reach, which is doubtful. Even 0.00001 would be a challenge at this point, which is 650 million dollars and its going under that level, just wait and see. I know that its looking higher now, but it will get there.

[Jose Mourinho]

after what happened today where the price of terra luna fell too deep, the decline almost reached 100% I think it is very unlikely that the price of LUNA can return to $1, but even if it happens it will not be easy, LUNA take time and a long process to It to make LUNA able to re-develop and be liked by its users.

[Oilacris]

after what happened today where the price of terra luna fell too deep, the decline almost reached 100% I think it is very unlikely that the price of LUNA can return to $1, but even if it happens it will not be easy, LUNA take time and a long process to It to make LUNA able to re-develop and be liked by its users.

Even this project turns out to be shit but its not really bad to play with the price yet increase in 20-50% is really just good for you to play on but of course this do really impose huge risk.

Dont anticipate nor hope about getting to 1 buck.
Current supply?
6,907,313,084,536

You cant expect that it would really be going that far but you could actually make out some money or profits on playing its price movement.

[FanEagle]

after what happened to Luna and UST. even people are getting scared and worried about USDT. and if you look at the market in the past week. USDT sales volume increased rapidly. because maybe they are scared. What happened to UST they feared would happen to USDT as well. but what amazed me was that the massive sales of USDT didn't seem to have any effect on USDT. which indicates USDT can still be said to be safe. because it turns out that when the big sale hits them, USDT can still hold on to its price. it signifies the team's preparation and the quality of USDT is very good. although now I see people starting to choose BUSD as their stablecoin of choice.

It does make sense though, I mean we are talking about USDT not being that great neither, nobody has any reason to believe USDT at all, why would we trust a company? At the end of the day, Tether is just a regular company and people trusted 80+ billion dollars which makes no sense to me at all. They could literally get away with all of that money and there is nothing anyone can do about it.

Sure, you could sue them and all, and the owners of the company could be looked after all around the world to be jailed, but if they are in the nation they are based in, and they could take their money out, then they could be doing something free to them so why trust something so dangerous?

[RussianEnglishTranslation]

If you do your research you will find that it was a scam from the start. People shilling UST and Luna now are bag holders trying to dump on moonboys that don't know any better. Technically, there is no way to recover the chain because it hyper-inflated Luna into the trillions of supply and there is no way to stop it without a fork. Nobody trusts Do Kwon, so a fork won't fix the problem. Fortunately BNB chain and NEAR are reaching out to Luna developers to migrate to their chains and CNDL is offering dev bounties as well as airdrops for people who lost money in the Luna scam. They have a bounty program to test their new chain, which is technically superior to Luna anyway.

[bittick]

after what happened today where the price of terra luna fell too deep, the decline almost reached 100% I think it is very unlikely that the price of LUNA can return to $1,

It will never happen. Only people that can't think properly will think if luna will able to reach $1 again. The marketcap will be 6 trillions for a scam project like that. That doesn't even make sense but so many crazy people in the various groups like CMC was thinking that will likely to happen.

but even if it happens it will not be easy, LUNA take time and a long process to It to make LUNA able to re-develop and be liked by its users.

It's not easy to recover the whole of disaster that already made by luna developers. I think you must also aware about so many projects dead were unable to be recovered again.

[|MINER|]

There are so many questions that I come across about Terra Luna. starting from whether to rise again? will it return to $1 ?
and I also can not respond because of my limited knowledge about this.
maybe here friends can explain a little about the possibilities that can happen to this Terra Luna coin.
I will appreciate any of your opinions. because good conclusions can not be drawn if only done alone. it requires collecting data from multiple sources and many people.

I think this is a funny question. Cause now the Luna's supply is more over 6.5 trillion this is a huge amount . If luna go back to $1 dollar then it will take the all market  . Now let's come and talk about burning , Before talking about burning, let me tell you that Lunar founder Allready has said that burning will not do anything. So there's no chance to burn this coin by team as if they have not the ability to burn this huge amount . So at the end of the day i think it will be disappear so don't invest in luna for long term . If you wanna trade on in do short-term trade and take the profit out

[WalkerIVIV]

The old Terra Luna is already dead, so don't ever expect it to come back to $1 in its current form, but if a hard fork happens on Luna as it was talked about and a new version of Luna with a lower Total Supply and the old coin is abandoned the Luna could get its value back by A bit of support, I heard that Luna 2 will be released soon as 35% will be distributed to old Luna holders and 15% to newer Luna holders, the coin team is doing everything they can to bring Luna back to life I hope they succeed.

gonna be frank that the distribution system for luna 2 doesn't seem really fair if the newest holders could get millions of coins with just few dollars investment.
it's just as stated by the former binance CEO that maybe it's just better if the LFG gives reimbursement instead of just forking the project because it seems like the LFG team behind the LUNA just wanna get away and maybe walk away from this billion dollars disaster and start anew with the LUNA v2 that doesn't really seem fair in the eyes of veteran luna holders.

[Super Protocol]

The old Terra Luna is already dead, so don't ever expect it to come back to $1 in its current form, but if a hard fork happens on Luna as it was talked about and a new version of Luna with a lower Total Supply and the old coin is abandoned the Luna could get its value back by A bit of support, I heard that Luna 2 will be released soon as 35% will be distributed to old Luna holders and 15% to newer Luna holders, the coin team is doing everything they can to bring Luna back to life I hope they succeed.

gonna be frank that the distribution system for luna 2 doesn't seem really fair if the newest holders could get millions of coins with just few dollars investment.
it's just as stated by the former binance CEO that maybe it's just better if the LFG gives reimbursement instead of just forking the project because it seems like the LFG team behind the LUNA just wanna get away and maybe walk away from this billion dollars disaster and start anew with the LUNA v2 that doesn't really seem fair in the eyes of veteran luna holders.

The team's intentions may be very good, but those intentions will be in vain if they don't have enough funds to carry them out. I still think that forking the network is not going to solve anything, I think that at this point no one in their right mind would invest again, but there are still many investors in the original chain, and the team must think about them and the amounts of money those investors have lost.

[wheelz1200]

$1 

Why in the world would anyone buy luna at this point.  How much writing needs to be on the wall at this point.  If anyone needs to throw theor money away just throw your bitcoin at a charity rather than buy this hot garbage.  Seriously, it's over for luna.  They've been exposed.

[Lubcub62]

$1 

Why in the world would anyone buy luna at this point.  How much writing needs to be on the wall at this point.  If anyone needs to throw theor money away just throw your bitcoin at a charity rather than buy this hot garbage.  Seriously, it's over for luna.  They've been exposed.

You are right. Even now, Luna's Binance Trade is not being held again. deposits and withdrawals were again suspended. this happened after Core Developer Terra got approval to burn 1.3 billion UST from its community pool after voting.

This may be good news but it won't have much effect either. so you are right instead of wasting money
better leave it to a charity.
put money by buying luna which is high risk and has lost trust. not recommended. but still everyone has their own thoughts and choices.