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

[Strongkored]

$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.

I also think that now LUNA is garbage, and those who think LUNA can come back are those who have already bought it either before the crash or after, thinking that they will hit the jackpot if LUNA can reach high prices again.
Moreover, the scammers have taken this opportunity by creating a new LUNA token 2.0 https://cryptopotato.com/scam-luna-2-0-tokens-are-already-running-wild/
and this will make it even more difficult for the LUNA team to re-raise this token, the right words are the game is over.

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[AakZaki]

~snip~
Moreover, the scammers have taken this opportunity by creating a new LUNA token 2.0 https://cryptopotato.com/scam-luna-2-0-tokens-are-already-running-wild/
and this will make it even more difficult for the LUNA team to re-raise this token, the right words are the game is over.

It's bad you have to be careful. Many bad guys took advantage of the moment of panic. You have to be more vigilant. Of course, all investments are very risky and sometimes we have to do it. But hoping Luna gets back to 1$ is like a dream. This is because Luna seems to be giving birth to a new Luna through the HF proposal, so as long as Luna's circulation gets bigger it will reduce its value. Luna's HF team has received approval from several companies so it is likely that the old Luna will be uploaded because of her algorithmic failure. Maybe next they will focus on Luna 2.

[WalkerIVIV]

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.

the main reason that caused UST to collapse is simply the fact that UST has its nature of being algorithmic instead of USDT that are conventionally pegged with dollar 1:1.
UST reserved its value with dynamic investment instrument like bitcoin that could have bearish market alone is already such a big mistake, the market eventually gonna have correction and if some big correction happens the fall of UST can't be avoided.
Instead, USDT just gonna be fine because its just better from its underlying system.

[lobo13hf]

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,

The new luna worth around $5 for now. This is also very far from what speculated by mostly of new luna holders. I meant the old olders who airdropped by new luna have been getting small amounts of their investment and some are even getting vested for 2 years.
This is if the price can be dumped even more. The new luna was also so garbage as fuck. The developers are so garbage. The funds were gone. People got nothing.

[CreepyUncleJoe]

There is somebody still "investing" in "new Luna" after recent events?

[Republikcoin.com]

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.

There is no new, bigger hope for LUNA because with what happened to LUNA during the dump, it has made things worse for LUNA and investors and traders are very sorry for having bought LUNA in the past before the dump occurred. And now the development team is starting to work on making improvements so that there is new hope for LUNA, this is something that will be very difficult for LUNA to get.

[blockman]

There is somebody still "investing" in "new Luna" after recent events?

Yeah, bet it.
With the fork that has currently been trading some exchanges, there goes those folks that have been riding the hype and FOMOing with it. The new Luna was launched and priced in before trading happens @ $17 and now it's down to $5. That's how quick it goes as it's being launched.
Well, it's just a day and we don't know how low or high it can go. But before anything else, I won't invest on it anymore and even there's a plan of recovery or what they call it, I don't trust it anymore.

[Cling18]

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.

There is no new, bigger hope for LUNA because with what happened to LUNA during the dump, it has made things worse for LUNA and investors and traders are very sorry for having bought LUNA in the past before the dump occurred. And now the development team is starting to work on making improvements so that there is new hope for LUNA, this is something that will be very difficult for LUNA to get.

LUNA has ruined the lives of lots of its investors so I don't think it could regain their trust again or even attract more investors because of what happened. It already has a bad reputation and it will only be a big risk to invest in it again since it couldn't stand firm as a coin. I don't think it could recover again or even reach $1. Its damage to investors affects its trust rate negatively.

[poodle63]

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.

There is no new, bigger hope for LUNA because with what happened to LUNA during the dump, it has made things worse for LUNA and investors and traders are very sorry for having bought LUNA in the past before the dump occurred. And now the development team is starting to work on making improvements so that there is new hope for LUNA, this is something that will be very difficult for LUNA to get.

the so called improvement that is basically just forking the luna classic doesn't seem to be taking that much effort and the result was also like a futile attempt.
lets be real, this new luna could be losing its value like literally suddenly since it's fluctuating a lot, the classic luna is also having its value fall into oblivion.
In the future both of the coins could be as useless because fork isn't gonna do that much in term of recovery I assume.

[kotajikikox]

If this is going to happen then i should say that we need to be more focus in buying it back? but look the trading movement of terra luna now, it seems that people dont wanna waste their time and money believing here and just go out and find something worth and not  to this scam project(scam says by many people now)

But I bought a Hundred Bucks for Luna because it is not that big to spend and risk so lets see what will happen soon,

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.

There is no new, bigger hope for LUNA because with what happened to LUNA during the dump, it has made things worse for LUNA and investors and traders are very sorry for having bought LUNA in the past before the dump occurred. And now the development team is starting to work on making improvements so that there is new hope for LUNA, this is something that will be very difficult for LUNA to get.

you can only have HOPE now mate, because LUNA is a scam project that tend to fool people and yes they successfully made it there to the maximum gains.

[Roman_Picisan]

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.

There is no new, bigger hope for LUNA because with what happened to LUNA during the dump, it has made things worse for LUNA and investors and traders are very sorry for having bought LUNA in the past before the dump occurred. And now the development team is starting to work on making improvements so that there is new hope for LUNA, this is something that will be very difficult for LUNA to get.

LUNA has ruined the lives of lots of its investors so I don't think it could regain their trust again or even attract more investors because of what happened. It already has a bad reputation and it will only be a big risk to invest in it again since it couldn't stand firm as a coin. I don't think it could recover again or even reach $1. Its damage to investors affects its trust rate negatively.

the failure of the rise of Luna at the launch of luna 2.0 which caused the price to not survive and immediately drop, the contents of the Luna myth are like a dim moon that needs a full moon to rise.  lol

[Pejoh Asu]

Many are pessimistic about Luna's future, but a few days ago I speculated with an investment of about $ 150 Luna, currently it lost about 30% but I was still optimistic that in the current year Luna soon entered the 100th place, it might be difficult to make Luna triumphed like before But I'm optimistic that I will rise after 6 months.

[uelque]

Many are pessimistic about Luna's future, but a few days ago I speculated with an investment of about $ 150 Luna, currently it lost about 30% but I was still optimistic that in the current year Luna soon entered the 100th place, it might be difficult to make Luna triumphed like before But I'm optimistic that I will rise after 6 months.

I doubt it. I have not seen any coin that recovers after a huge fall so I really doubt people that keeps on saying that luna can still recover. What is going to happen most likely is that it will stay on where it is now and stable on that price or it will completely die. The developers and the team behind will never bring back the value of Luna no matter how hard they try. So you guys are just wasting your money investing in it. It is much better that you guys just find another good coin rather than putting your hopes in Luna. There is no hope left in Luna and you just have to accept it.

[d3nz]

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.

There is no new, bigger hope for LUNA because with what happened to LUNA during the dump, it has made things worse for LUNA and investors and traders are very sorry for having bought LUNA in the past before the dump occurred. And now the development team is starting to work on making improvements so that there is new hope for LUNA, this is something that will be very difficult for LUNA to get.

LUNA has ruined the lives of lots of its investors so I don't think it could regain their trust again or even attract more investors because of what happened. It already has a bad reputation and it will only be a big risk to invest in it again since it couldn't stand firm as a coin. I don't think it could recover again or even reach $1. Its damage to investors affects its trust rate negatively.

If the OP is talking about the LUNC then, it will not happen. You will see the big difference between the market supply and market cap which is really huge and I think that getting the price of $0.005 will take 4 - 5 years, others are comparing it to Ethereum Classic which is a huge mistake for holders.

[Luzin]

If the OP is talking about the LUNC then, it will not happen. You will see the big difference between the market supply and market cap which is really huge and I think that getting the price of $0.005 will take 4 - 5 years, others are comparing it to Ethereum Classic which is a huge mistake for holders.

Do Kwon will focus on the new Luna, they will give the new Luna development portion more. Then for LUNC it will probably be left to the market or community. LUNC is a failed project, hoping to return to 1$ just a dream. Lunc has returned to trading on Binance but the price is ruined. The new Luna has also entered, but on Binance it can't be traded yet. Even before entering Binance the price of Luna Baru has already dropped by 60%, perhaps this is due to many sell-offs to recoup losses from Lunc.

[coco23]

If the OP is talking about the LUNC then, it will not happen. You will see the big difference between the market supply and market cap which is really huge and I think that getting the price of $0.005 will take 4 - 5 years, others are comparing it to Ethereum Classic which is a huge mistake for holders.

Do Kwon will focus on the new Luna, they will give the new Luna development portion more. Then for LUNC it will probably be left to the market or community. LUNC is a failed project, hoping to return to 1$ just a dream. Lunc has returned to trading on Binance but the price is ruined. The new Luna has also entered, but on Binance it can't be traded yet. Even before entering Binance the price of Luna Baru has already dropped by 60%, perhaps this is due to many sell-offs to recoup losses from Lunc.

I don't think anybody is serious about continuing the "classic" Luna now. The devs started the "new" Luna, which is basically a rollback. Unfortunately they can't rollback the recent events, so they will have to come up with a new, more stable system. They will also need a re-branding, I doubt that any investor will touch projects with this name and history in the next time.

[dezoel]

I don't think anybody is serious about continuing the "classic" Luna now. The devs started the "new" Luna, which is basically a rollback. Unfortunately they can't rollback the recent events, so they will have to come up with a new, more stable system. They will also need a re-branding, I doubt that any investor will touch projects with this name and history in the next time.

The sad thing is, there is no logical argument about what they will change in order to make the new one not face the same situation. Like let's assume they did a new UST, what makes us or them to think that the same thing can't happen to that one?

We all know very well that the very same thing could happen to it as well, and in return happen to "new" Luna as well. They are just trying to milk the cash cow right now and nothing more, they lost a lot of money because of what happened and trying to recover it, and they are just hoping that they could get back to being rich, and they are using our money to get there as well and giving us false hope for it.

[Captain Corporate]

What we should focus instead of the current situation would be to just ignore all of this, and try to be in a situation where we can actually make money with less risk. Luna going back to 1, or the "new luna" going to 1 or whatever, none of this matters because it has too much risk. Just ignore it, ignore the creator do kwon, ignore the team, ignore even the community that still supports it, and move on to something new. That way you could find yourself something that will make some more profit, and it will be a good idea. I never really liked Luna to begin with anyway, and after this? Its not even a question, wouldn't invest even 10 bucks.

[milewilda]

What we should focus instead of the current situation would be to just ignore all of this, and try to be in a situation where we can actually make money with less risk. Luna going back to 1, or the "new luna" going to 1 or whatever, none of this matters because it has too much risk. Just ignore it, ignore the creator do kwon, ignore the team, ignore even the community that still supports it, and move on to something new. That way you could find yourself something that will make some more profit, and it will be a good idea. I never really liked Luna to begin with anyway, and after this? Its not even a question, wouldn't invest even 10 bucks.

We do have our own decisions because there are people on which no matter how hard you do make out some advise or suggestions but still wont really stop on getting involvement with these shit projects
like luna where everything really goes down through the hype but there are still who do continue to invest or make involvement for the hope of making big bucks or profits in a short time.
Thats why there are people who do play with fire despite of the high risk and the past bad experiences that they do able to see or experience on that core or past LUNA and now
it does have 2.0 then there's still people who loves to deal with.

[kurniawan05]

For a classic LUNA it will be very difficult to touch 1 dollar considering the amount of supply is so large, but for the LUNA V2 the price, as you can see for yourself, has touched the price of 18 dollars.