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Author Topic: could TERRA LUNA classic ($LUNC) go back to $1 dollar?  (Read 1019 times)
makishart
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May 15, 2022, 03:04:29 PM
 #21

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.
Expecting this token to surpass the old ATH that has ever reached by bitcoin to surpass 1 trillions marketcap? Is this a joke or what? You can answer that easily based from tokens that still int he circulation. There was no possibility even a mircle will not even make the price to go back again to the 1 dollar.
The price will still remain the same right now.

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 coin will remain zero and this will be last forever. Those who have been investing this early already lost a lot of their money. I see no possibility for the recovery to happen.

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May 15, 2022, 05:13:59 PM
 #22

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.

Honestly speaking, I doubt it, but for the sake of fairness let us give them an ample time to implement a solution that they want to do, and let us see what will be the outcome, its a big problem that needs a big solution so it's up to them, Anyway $1 per Luna was still possible if they can successfully fixed the huge Terra Luna problem.
Do people still want to invest in Luna after the dump that create a huge chaos almost all around the world? Come on,  people, I hope this will bring a clear message that investing in altcoins is too risky if you didn't know what you were doing. It does happen in the past where a certain project pumping too much due to hype of the market but as time goes by there will be a point of time that these hyped coins will eventually crash. This is not the first time I saw a crash about crypto currency since it does happen often in the past so consider yourself lucky about your investment if you choose Bitcoin instead of hyped altcoins.

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May 15, 2022, 05:21:56 PM
 #23

For what I can remember in the history of all cryptocurrencies no one has ever been able to recover from such a collapse.
not only the "fundamentals" are lacking at the technical level, but also at the community level there is a sentiment against "the old value".

let's talk about a rise x10000! basically this is science fiction!
in practice, it has been clearly seen how such a coin can collapse... the exact same situation can occur again in the future!

I think a lot of people started buying when Luna was up thousands of percent after the crash.
I noticed something odd which was quite significant between one of the exchanges going up 1000% more at the same time the trust wallet went up to 2000% more.
is this manipulation?
many of those who have bought have problems.

the high-risk speculative move is "okay". you can try it maybe it can work in a specific situation like this and price has surged from
0,00003 USD to 0,00024 USD ...
those who likes to take risk, they can always made an attempt. but if they don't sold on the right time it is very likely to remain "with nothing in hand" and they are playing with a bomb that's it's like to explode Roll Eyes

I have read many comments around social networks of people who buy thousands of tokens hoping LUNA it will return at least to 1 dollar ... this is the problem, I consider it a reckless risk especially in the case of substantial investments...

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May 16, 2022, 08:30:13 AM
 #24

It seems that good news about Luna Terra's fate is starting to emerge starting from CZ's support and there are rumors of vitalic tweets that seem to be helping Terra. I myself decided to buy several tens of thousands of Terra Luna coins. for only $10.5 dollars. so I will not feel lost even though the price will not go up. but if the price goes up then it will be great luck. I think the risks and rewards are worth it.
I still see hope in Terra even if it's dim. because I saw that many exchanges started to open spot trading to luna/usdt like indodax and binx dan luna/busd like at binance. Of course, the exchange will not take this step without good reason. Stay DYOR.
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May 16, 2022, 10:40:54 AM
Last edit: May 16, 2022, 12:25:49 PM by Ararbermas
 #25

No one knows the future of LUNA on this situation because obviously it is getting worse up to now, and there's already some rumours that the team of luna has a plan to launch a new token in the market instead of fixing the project itself, where in, because of some reason , so on that case if it's true surely it will become more unpredictable for LUNA if there's still a chance to recover or not.
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May 16, 2022, 07:47:02 PM
 #26

No one knows the future of LUNA on this situation because obviously it is getting worse up to now, and there's already some rumours that the team of luna has a plan to launch a new token in the market instead of fixing the project itself, where in, because of some reason , so on that case if it's true surely it will become more unpredictable for LUNA if there's still a chance to recover or not.
it's not a rumor anymore but a few hours ago do kwon via his twitter has announced it. i.e. there will be a launch of luna 2 and luna classis will be $LUNC and new luna will be $LUNA.
even though I see the majority of comments are looking forward to burning the current Luna supply. and buyback for UST. as suggested by Cz binance on his twitter account. But maybe Do Kwon has other plans that we can't predict yet. and Do Kwon said he will not leave terra and will continue to fight to rebuild Link

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CaVO32
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May 16, 2022, 07:52:17 PM
 #27

No one knows the future of LUNA on this situation because obviously it is getting worse up to now, and there's already some rumours that the team of luna has a plan to launch a new token in the market instead of fixing the project itself, where in, because of some reason , so on that case if it's true surely it will become more unpredictable for LUNA if there's still a chance to recover or not.
it's not a rumor anymore but a few hours ago do kwon via his twitter has announced it. i.e. there will be a launch of luna 2 and luna classis will be $LUNC and new luna will be $LUNA.
even though I see the majority of comments are looking forward to burning the current Luna supply. and buyback for UST. as suggested by Cz binance on his twitter account. But maybe Do Kwon has other plans that we can't predict yet. and Do Kwon said he will not leave terra and will continue to fight to rebuild Link


Now, lies how sincere is Do Kwon in rebuilding this project. But if in case he will continue to rebuild this, it would take time and no one knows to what extent he will develop these new plans. Remember, he can always say they haven't benefited from this current crash, but in my mind, they already have pocketed a lot of money because of this project. So they are not too worried about themselves not getting any from this current situation of Luna. The holders can just hope for the best because the current price tag in the market is really really discouraging.
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May 16, 2022, 08:14:27 PM
 #28

No one knows the future of LUNA on this situation because obviously it is getting worse up to now, and there's already some rumours that the team of luna has a plan to launch a new token in the market instead of fixing the project itself, where in, because of some reason , so on that case if it's true surely it will become more unpredictable for LUNA if there's still a chance to recover or not.
it's not a rumor anymore but a few hours ago do kwon via his twitter has announced it. i.e. there will be a launch of luna 2 and luna classis will be $LUNC and new luna will be $LUNA.
even though I see the majority of comments are looking forward to burning the current Luna supply. and buyback for UST. as suggested by Cz binance on his twitter account. But maybe Do Kwon has other plans that we can't predict yet. and Do Kwon said he will not leave terra and will continue to fight to rebuild Link


Now, lies how sincere is Do Kwon in rebuilding this project. But if in case he will continue to rebuild this, it would take time and no one knows to what extent he will develop these new plans. Remember, he can always say they haven't benefited from this current crash, but in my mind, they already have pocketed a lot of money because of this project. So they are not too worried about themselves not getting any from this current situation of Luna. The holders can just hope for the best because the current price tag in the market is really really discouraging.

Yes, it's like what you said. and we can also see that their reputation has been destroyed and it is very difficult to build a reputation to be trustworthy again. and I also think they have nothing to lose and today the price of luna fell again after the community found out that the assets that terra had to back up prices turned out to be very few
that is :
Quote
8/ As of now, the Foundation’s remaining reserves consist of the following assets:
· 313 $BTC
· 39,914 $BNB
· 1,973,554 $AVAX
· 1,847,079,725 $UST
· 222,713,007 $LUNA (of which 221,021,746 is currently staked with validators)    

Sourch Link

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May 16, 2022, 11:13:50 PM
 #29

Okay lets check out its circulating and total supply.

Circulating Supply
6,532,236,077,580

Total Supply
6,907,376,873,282

Source: https://www.coingecko.com/en/coins/terra-luna

So if we do speak about $1 then how much the total cap?
It would be surpassing Bitcoin.So it does mean its impossible.
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May 16, 2022, 11:37:46 PM
 #30

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.

Not a chance.  They liquidated themselves into a complete mess.  Too much coins now for it to ever even sniff anything near $1.  People will talk about it for a bit and eventually it will be worth zero.  Don't bother

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May 17, 2022, 01:29:34 AM
 #31

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.

Not a chance.  They liquidated themselves into a complete mess.  Too much coins now for it to ever even sniff anything near $1.  People will talk about it for a bit and eventually it will be worth zero.  Don't bother
youre right, well a few hours ago it was announced that there will be terra luna version 2. and the current terra luna coin will become $LUNC coin and the new coin will be $LUNA. this signifies there won't be a coin burning attempt like many suggestions have gone into the terra team themselves. because without burning it is impossible to return to $1 with the current supply. but burning also requires a lot of money and seeing as their assets are far from being expected, they are still large and in fact few. then maybe that's also the reason they prefer to make new coins.

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May 17, 2022, 03:03:51 AM
 #32

I don’t think it will ever go back to its previous market cap. After what happened do you think anyone will trust the project anymore? Would you ever use their UST stable coin? Most likely not.

If it does relaunch I think I’ll be pumped at the beginning however I don’t see it ever surviving. The way they handled this entire matter was unprofessional and trust is just lost. Let’s just hope the small holders of UST get made whole at least.

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May 17, 2022, 03:45:06 AM
 #33

Is this for real? Luna version 2 will be worthless but you can expect luna v2 to worth at least a few dollars but im not sure about this since the trust from the community already gone. The supply will be going back to the 1 billion again but in this case the trust was the most important thing and so when someone hodl thousands luna during the peak price of old luna and he was being compensated with low amounts of luna and he was facing permanent lose for their investment.
Going back to the $1 is impossible thing for the old luna but not for the new version of luna.

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May 17, 2022, 09:42:20 AM
 #34

Now, lies how sincere is Do Kwon in rebuilding this project. But if in case he will continue to rebuild this, it would take time and no one knows to what extent he will develop these new plans. Remember, he can always say they haven't benefited from this current crash, but in my mind, they already have pocketed a lot of money because of this project. So they are not too worried about themselves not getting any from this current situation of Luna. The holders can just hope for the best because the current price tag in the market is really really discouraging.
It is clear that his plan is not to revive Luna or anything like that. His plan is to keep being rich and that’s it. They already have millions of dollars, and maybe they spent a lot of it to recover but they had tens of millions of dollars at one point, maybe over 100+ at the peak level? So that means, if this chaos cost them that much money, and they have only a few million dollars, that is not good, after paying everything off, they can't just leave and be fine with it, they will hate that, they saw so much money, they can't just accept the current situation.

This is why I believe they are trying to do this just to get rich all over again using their "reputation" which is in shambles right now.

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May 17, 2022, 10:56:32 AM
 #35

Why are you still curious about Luna after the crash happened to that token?
We do not know if Luna can go back to $1 because this token has lost the investor's trust, although right now, you can see the trade for this token continue.
Maybe people still want to make a big profit from Luna so they buy and sell this token and wait for the time.
You can only hope this time and wait like the others if you want to see Luna return to $1.
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May 17, 2022, 11:32:16 AM
 #36

Why are you still curious about Luna after the crash happened to that token?
We do not know if Luna can go back to $1 because this token has lost the investor's trust, although right now, you can see the trade for this token continue.
Maybe people still want to make a big profit from Luna so they buy and sell this token and wait for the time.
You can only hope this time and wait like the others if you want to see Luna return to $1.

In my opinion, it is impossible for LUNA to return to the price of $1, after a very drastic price decline, LUNA will definitely lose the confidence of
investors. So we no longer need to be curious about LUNA's future, it's better if we move on from LUNA and look for other more promising projects.
It's too risky if we decide to buy LUNA right now, even though the price of LUNA is very low, I doubt that LUNA can recover again. So expecting
a big profit from LUNA is like a fantasy. So think carefully if we want to invest in LUNA, do not let us regret in the future.

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May 17, 2022, 01:01:51 PM
 #37

A very big destruction that has occurred, and terra luna took a long process to be able to get back up, and for the achievement of 1$ is certainly a very high value to achieve because the current price is so low, but if team luna really wants to make a big recovery of the coin then all can happen and in the near future, Because in the crypto world anything can happen and it is difficult for us to predict exactly.

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May 17, 2022, 01:49:28 PM
 #38

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.

With 6 trillion coins printed into existence and currently in circulation rn?  It def will not go back up to 1 USD.  Think about it, 6 trillion USD market cap?  Lmao.  Just stay away from LUNA, it'd be dumb to buy it in hope of making it big.  Do it to scalp a small gain here and there but don't scam yourself into thinking that it'll go pump to 1 USD and you'll make a shitton. 

And if anything, this project is dead.  If not this year, give it a couple of years.  Their community is on a different level of hopium if they think everything will be ok after this.

R


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manok jepang
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May 17, 2022, 02:18:04 PM
 #39

with a very large decline like now I think luna is unlikely to be able to rise back to $ 1, because if a token experiences a deep enough decline then it is very difficult to grow back, because luna takes time and process to be able to make terra luna grow again moreover, the current price is very far from $1, which is $0.00018 for a while I personally avoid tokens like this and prefer tokens that have strong fundamentals such as coins that are in the top 10 CMC.

bittick
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May 17, 2022, 02:21:58 PM
 #40

Trillion marketcap for a failed project like this? this is a non sense thing and what in the world of company that already achieved such more than 6 trillions capitalizations? that doesn't even make sense to happen. Im sure putting like 0.0005 USDT or even less makes more sense compared when you are mentioning less value than your prediction. something that already dumped so hard like this has no chance to go up again to reach 1 dollar valuation for each coin. You should not be a delusional guy. This is based for yourself.
Think rationally and you know if this will not go back to the 1 dollar again

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