It's only been a few days since Terra 2.0 launched, yet prices are struggling to rise back to their original levels. Many investors are skeptical about the new chain, especially when Do Kwon is facing scrutiny by the South Korean government. If the Terra team was unable to restore the original project (now Terra Classic) back to its former glory, what makes you think the new version will be a huge success? There are many other alternatives on the market which don't have a tainted reputation like Terra. If people were disappointed with what happened with the LUNA/UST collapse, then it's likely they will choose another alternative instead of going all in on the new chain.
What do you think? Will LUNA 2.0 be a complete failure or a huge success in the future? Your input will be greatly appreciated. Thank you very much.
As far as I can see, luna 2.0 has not found a new point of trust, people have lost faith in luna, so it is difficult for them to develop in the future, I'm not saying that luna will fail miserably, but regarding development it is very difficult for them to achieve, because the previous luna has hit there are so many investors, let alone many other alternatives that can be utilized by people here, then it is certain that people will never want to be trapped a second time