Will Terra (LUNA) recover some time in the future?

[Abiky]

Terra (LUNA)'s been going downhill at a very fast pace ever since UST lost its peg a few days ago. It went from its ATH of $120 to just $0 in a few days. Right now, the cryptocurrency is struggling to reach $0.01 as investors continue to sell it like crazy. Supply is increasing at a very fast pace, as the team tries every effort possible to help restore UST's peg. Given how low Terra has fallen, I wonder if investors will gain back confidence in the project sometime in the future? Crypto is highly risky so either LUNA dies or rises from the ground up.

What do you think? Are there hopes for LUNA to recover some time in the future? If not, why? Is it a great idea to buy the dip now? Your input will be greatly appreciated. Thanks in advance.

[Oshosondy]

Terra (LUNA)'s been going downhill at a very fast pace ever since UST lost its peg a few days ago. It went from its ATH of $120 to just $0 in a few days.

There is difference between going and gone, Luna decreased to $0.000005 if truly it has grown 100x back because its price now at $0.00025

Right now, the cryptocurrency is struggling to reach $0.01 as investors continue to sell it like crazy. Supply is increasing at a very fast pace, as the team tries every effort possible to help restore UST's peg. Given how low Terra has fallen, I wonder if investors will gain back confidence in the project sometime in the future? Crypto is highly risky so either LUNA dies or rises from the ground up.

That is where they got it wrong, is it UST that matters, it would have been better if the they did not even go for a stable coin in the first place. Investors are after coins that is not stable, they should work on Luna.

What do you think? Are there hopes for LUNA to recover some time in the future? If not, why? Is it a great idea to buy the dip now? Your input will be greatly appreciated. Thanks in advance.

Maybe or maybe not, altcoins are gambling. If you want to gamble, buy Luna, you can be very lucky or lose. So I shouldn't be the one to tell you that you should invest the amount you can afford to lose.

[TastyChillySauce00]

No chance for this coin to recover from the hell. Even when terra luna developers were using whole of available reserved funds to pump UST and this will not make the price to go back again to the top. This company and its holders have been loosing everything. No chance for recovery even some parties are also against the new proposal to issue the new token as a replacement for the old tokens that were minted during the worst day last week. I do believe this is the end for this project.
Even when they were introducing various proposal so many times and the result will always be the same

[Nivia1st]

What do you think? Are there hopes for LUNA to recover some time in the future? If not, why? Is it a great idea to buy the dip now? Your input will be greatly appreciated. Thanks in advance.

hope is always there, because in the crypto space nothing is impossible. but I'm trying to be realistic here. my conclusion is, as long as UST is still around, luna will never be able to recover. because the mechanism of UST and luna are interconnected, so luna will be forced to return the UST peg. and this method proved unsuccessful, therefore UST had to be removed from the market for whatever reason. then luna can recover slowly with a record of burning coins periodically. but this method also has a lot of risks starting from the demands of UST holders, issues of investor confidence, and many more.

[spiker777]

Luna price is so much down from week ago. Luna team invested so much to recover Ust but failed which result Luna token down further. Now it's looking very difficult for Luna to recover.
Buying Luna at current Situation is very risky because there is high chances that Luna team stopped Luna Contract and launch mew Token which probably will be best entry point because Luna team is good and can grow project fast.

[Doell]

There is no hope for this product up to the moon again, it will just continue to be thrown away and may become worthless in the future or the price could return to 1 dollar if the developer only focuses on this coin, but I don't think its possible. Lost a large of Investors and they will not return because they are definitely worried that in the future for same situation will repeat again, if anyone really wants to invest in this product it is better with a very small amount of funds, but risking anything in this product is not worth it. Sorry !

[iv4n]

Well, I wouldn't bet on that recovery! I mean, recovery is possible, we saw some crazy things happening in the crypto world, but if something happened once, there's a high chance it will happen again! So even if we see some recovery be sure there's another drop waiting around the corner... basically I see this as some pump and dump scheme!

I guess betting on Terra LUNA recovery is a very risky bet! People who decide to take this risk should be aware of it, so don't invest more than you can afford to lose it!

[Vaskiy]

Luna Foundation Guard is among the top 10 BTC holders globally, possessing around $3.5 million in BTC. Terra Luna tried all possible solutions, but nothing helped it. Last week the reserve Bitcoin worth $3.5 billion created to defend and support the TerraUSD (UST) stablecoin saw a total crash and no one have any idea how such a large sum of funds disappeared. This shows the reserve inadequate to prevent depegging. This means the mechanism have failed and the chances of recovery is less than a percentage. The team might plan something else than recovering Terra Luna.

Around $3.5 billion worth of Bitcoin in Terra has just disappeared

[d3nz]

There is no hope for this product up to the moon again, it will just continue to be thrown away and may become worthless in the future or the price could return to 1 dollar if the developer only focuses on this coin, but I don't think its possible. Lost a large of Investors and they will not return because they are definitely worried that in the future for same situation will repeat again, if anyone really wants to invest in this product it is better with a very small amount of funds, but risking anything in this product is not worth it. Sorry !

As I checked they have a new proposal recovery plan (https://agora.terra.money/t/terra-ecosystem-revival-plan-2/18498), I much prefer the suggestion of CZ to burn the minted Luna rather than to create a new fork which I think will not benefit the people who bought before it gets delisted.

[Xal0lex]

As I said before, such an investment is now considered a "lucky investment", I would invest some money right now anyway, because there is still some chance that the price will increase several times in the foreseeable future. That would be a nice capital increase. But I ran into a big problem these days, many exchanges have disabled LUNA wallets and blocked I/O, so buying LUNA at current prices is not such an easy task.

LUNA could start rising again if the team solves something with UST, if they did not start UST, LUNA would never fall to these values. If they are going to bring back the old mechanism and tie UST to LUNA again, it will definitely not be credible, because if another market crash happens, all this history will repeat itself.

[crzy]

They are now using every reserve just to survive and push UST again on a good place but still no guarantee that they will succeed on this one, but hopefully they can have a good solution because many whales are still trap on LUNA, that’s why I believe they can still pump this and rise again. Let’s just continue to monitor LUNA, you can still buy at a lower price just be ready for the risk and maybe this can be your lucky investment once the price recovers.

[passwordnow]

If there's a chance, that's totally very little. Like not reaching 1% of survivability of the project so that's almost no chance but if you guys think you'll never dispose of the project.
It's you decision to hold it because you'll never know if there's a miracle upon their recovery plan and if it's going to work. But to me, that's it, very little chance of survival.

[keyscore44]

Terra (LUNA)'s been going downhill at a very fast pace ever since UST lost its peg a few days ago. It went from its ATH of $120 to just $0 in a few days. Right now, the cryptocurrency is struggling to reach $0.01 as investors continue to sell it like crazy. Supply is increasing at a very fast pace, as the team tries every effort possible to help restore UST's peg. Given how low Terra has fallen, I wonder if investors will gain back confidence in the project sometime in the future? Crypto is highly risky so either LUNA dies or rises from the ground up.

What do you think? Are there hopes for LUNA to recover some time in the future? If not, why? Is it a great idea to buy the dip now? Your input will be greatly appreciated. Thanks in advance.

The fact that the LUNA price has dropped to almost zero gives some hope that someday it will rise to let say $1. However, in my opinion, there are so many interesting and good projects on the market that there is no need to risk another mistake of LUNA team. After such a big defeat, it will never be possible to regain the previous position on market for LUNA.

[asriloni]

There's no hope for luna and here's why

1. Community already distrust this even VC already bail out too.
2. No funds left on LFG caused by do kwon dump btc to buy luna with zero value.
3. Hyper inflation supply and where the hell the team got money to burn trillions of luna?

These reasons have become the strongest reason to say why luna will never come back again despite the fact if it will be doing a hardfork but the hardfork itself totally a non sense thing. CZ was also getting surprised caused by luna has no fund left.

[Digital_Lord]

Now Recovery of Luna is very difficult because Luna token supply is too much increase now. Other side Investers feel to much fear and not interested to buy Luna.because Luna didn't have any chance of recovery. I advise  stay away to invest in Luna.

[LogitechMouse]

What do you think? Are there hopes for LUNA to recover some time in the future? If not, why? Is it a great idea to buy the dip now? Your input will be greatly appreciated. Thanks in advance.

The question is "At what price will we ever say that LUNA has recovered?"
Because anybody can say "If it will reach 1 cent then it has recovered" and some will say "If it goes 10 cents then it will continue to go high therefore we can say that it has recovered from its recent downfall".

Right now its hard to know the future of LUNA but its just good to see the developers especially Do Kwon making some recovery plans to their project because if this happens to other project, there might be a chance that they will just abandon it and run away. On the other hand though, LUNA did their first step to their "recovery plan" and that is to make a fork which is now called "Terra Classic". I don't know TBH what will be the future outcome of this but CZ and Vitalik base on articles aren't like it.

Also, we already saw that they are doing some recovery plans but another question to their recovery is that "Will the investors come back and trust the project and invest to the project again?" because its hard to build the trust again knowing that many investors already lost their money just by investing in LUNA. I'll make myself updated with this LUNA and what they will be doing to recover.

[sulis sudibyo]

The speculation about Luna recovering has been over since Terra released a proposal for the Luna V2 fork. it means they have given up on turning things around. luna is over, the coins that are on the market today will eventually function as community coins (to me this is the same as being abandoned or allowed to die slowly). the good news is there will be an airdrop for old holders who bought before the 7th of may, but for me this is not very good. the reason is because the price will not return to normal when conditions are normal, investor confidence has been lost. maybe when the airdrop is shared all will sell it, this will just create another crash in the future.

[Super Protocol]

In crypto anything can happen

[Farma]

Hopefully, LUNA will return to a fairly high price in the future. however, given the current state of affairs, I'm quite skeptical about it. for now, the price is stable in the range of $0.00018 to $0.0002. that's a very far cry from the initial price, even $1. other than that, I saw on CMC that there is no data for this coin in its max supply. however, it is very difficult to expect this coin to return to its original state, even because of this, the effect of doubt is also affected by several other large projects. it's just that, at this point, the devs may still be trying to get things back on track because I've seen some exchanges delisting this coin. Well, hopefully there is hope for that in the future.

[BitcoinAccepted]

This coin right now is highly volatile and I don't think that it will recover anymore in the future as many people are not going to trust a stable coin that drops from $1 to $0.2 which is the UST and I don't think people would invest to this coin.