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

[Bonenx14]

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.

Maybe after the voting is over but somehow Do Kwon can convince the Luna community to fork because many people are against his decision, so the old Luna community is still hoping that something big can happen to minimize the losses from the Luna coin crash.

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[paramind22]

So, it went down like 50000% or something, is there a chance it might go up 3x what it is now?

[yhiaali3]

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.

[Samurai trieng]

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,

[mdzahed134]

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.

[bitkanu]

The only way is through burning, the current supply has inflated so much that it reaches trillions, I doubt it could ever reach $1 ever again unless they do a massive burning.
Not to mention that so many traders out there entry in LUNA market when exactly the value has become so low that you could get millions and even billions of LUNA at relatively low value,
the early LUNA holders of course gonna be mad if they just burn the LUNA and not make a new ones, fork does make sense I guess.

[FanEagle]

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.

I would understand if the question was UST, because that is pegged to 1 dollar and even that will not return to 1 dollar ever again, we all know that it's depegged and will stay that way. However, if the question is Luna, that is even more unlikely because we are looking at something that is quite low on price and will not recover.

This is of course a warning sign to all the other stablecoins that are algo based, get away from them as soon as possible. I personally invested in some and got away. Just realize that what the market after is just money, no matter how they do that, so it is totally a difficult situation to be in at any given moment.

[bitkanu]

So, it went down like 50000% or something, is there a chance it might go up 3x what it is now?

There is no chance to go up again. even the announcement that came from the new proposal didn't give impact to the price of this coin. The price of UST and luna keep dumped so hard to the bottom. people have been loosing a lot of their money. Im sure that now so many people that hodl UST have been trying to sell their UST to the market. going 3x from the current price was almost an impossible thing. UST keep dumped so hard and the inflation is still going on.
There's no hope anymore for this coin. So many people who bought at the bottom are still believing this can make them become new millionaires

[ScamViruS]

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.

That is the reality. People have become so emotionally attached to these coins that they are buying these coins at every dump. One of their hopes is that the coin will recover and regain its previous marketcap. But in reality the chances of this being possible are very low, as there is already a lot of negativity in the market about this project which will be very difficult to overcome.

So the good thing is to give up all hope from this coin and look at other projects that have a lot of potential for the future.

[Smack That Ace]

A lot of people have bottomed on Luna, many investors are holding millions of Luna tokens. let's say if Luna goes back to 1 dollar a lot of people will become millionaires thanks to Luna, becoming a Millionaire with luna this is too much of an illusion. The question is who will pump the money to bring Luna to $1 and let investors sell them.
I think Do Kwon won't be that stupid, they decided to fork luna just to compensate for a small portion of people who lost money for holding Luna before. This is considered the perfect escape plan.

[ajochems]

Luna will not back from his old value,because most of the investors loss their hope on Luna. Instead of making your investment in shit coin Luna. You can blindly inverse on the Ethereum,it will give you double or triple of invested money in a few months of time period. Just hold your Ethereum for the long run for the good profit.

[saladin7000]

to luna holders or those who are new to investing with luna, I hope you don't have high hopes for the development of LUNA in the future, because currently the price of LUNA is almost close to zero, and I think this coin is dead because it's been abandoned right now by the developers, but even if LUNA can grow again I think it will be very difficult to reach $1.

[Jatiluhung]

So, it went down like 50000% or something, is there a chance it might go up 3x what it is now?

There is no chance to go up again. even the announcement that came from the new proposal didn't give impact to the price of this coin. The price of UST and luna keep dumped so hard to the bottom. people have been loosing a lot of their money. Im sure that now so many people that hodl UST have been trying to sell their UST to the market. going 3x from the current price was almost an impossible thing. UST keep dumped so hard and the inflation is still going on.
There's no hope anymore for this coin. So many people who bought at the bottom are still believing this can make them become new millionaires

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.

[arifteguhr]

to luna holders or those who are new to investing with luna, I hope you don't have high hopes for the development of LUNA in the future, because currently the price of LUNA is almost close to zero, and I think this coin is dead because it's been abandoned right now by the developers, but even if LUNA can grow again I think it will be very difficult to reach $1.

There are so many new luna holders because they have been speculating for instant riches from the expected recovery to happen soon, instead of the prosopal program from Do Kwon overriding the suggestion to stay focused on developing the old tokens and not burning the supply, but they just focus on the purpose of the new luna tokens so it is very sad that the recovery of investor funds is not being restored as it should be.

[roslinpl]

Not an expected statement among the old investors of the Luna. Why you guys speaking about the coin which already had his funeral last week. Being a investor,who will again invest on this shit coin. If anyone invest on this Luna again. Surely it’s like missing of your suitcase with bulk of dollars. Don’t do this blunder again.

[ninis45]

nothing can be expected anymore from luna except a regret for those who invest their money for this trash coin, and for those who want to take a chance in adversity I hope to sell it soon and don't become a second victim because luna is no longer tame like a dog discarded by the owner

[Joca97]

Now to invest into Luna is really a question. I would invest into Luna only if i can kiss that money goodbye. Too maybe risk it to take some risky profit. But the way its still dropping its unlikely that it will go back to 1$. They need to fix a lot of things to make this project great again.

[bittick]

to luna holders or those who are new to investing with luna, I hope you don't have high hopes for the development of LUNA in the future, because currently the price of LUNA is almost close to zero, and I think this coin is dead because it's been abandoned right now by the developers,

There are still so many delutional old and new investors of luna. Bunch of these people were on the binance telegram group. They keep talking bullshit like the price will be going to the moon again after 1000000% dump that happened with it but yeah i guess some people become crazy as they are loosing their life caused by luna. The government is still investingating the luna developers. That's good thing to remind them to use their logic to think the possibility for luna to go to the moon again or not.
This product is done for now. This is already dead project.

[Reatim]

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.

[Lubcub62]

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.

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.