WHY is Terra pumping ?

[Taskford]

I have about $ 120 lunks that I keep in binance, in investment sometimes we need courage that is for investment coins that are sometimes unpopular, many say Luna will end, but if I pay attention to the team from Luna has a large reserve of money and BTC so I'm sure In 2022 LUNC can rise at least 10x compared to today.

Has the Luna team ever communicated with you about it? so you can be pretty sure that the Lunc will increase by 10x its current price, because if the reserve funds were used to develop their project, then obviously there is a possibility for the price to increase, but if it's not used for that, I think Luc will also be difficult increased up to 10 times.

But for now its so risky to buy because many people do dump and pump scheme as well many people fudding it so its hard for Luna to climb up to 10x because the negative sentiments is so strong due to past bad incident happen on it on past few months. But if you have a hard balls to try maybe we will have good chances to earn but if bad times happen well maybe we can see Lunc failed on its revival.

[1714968777]

1714968777

[nicedreams]

From what I understand, the main reason why Terra pumping is because both have a low 24h trade volumes compared to before. Most investors have left the coins for good. Couple it with some good news and you will have new investors FOMO and thought Terra could back to the old price.

[livingfree]

Couple it with some good news and you will have new investors FOMO and thought Terra could back to the old price.

I don't think that it will happen.

It's good with that price but yeah, maybe it's going to happen temporarily and will be back there for a quick time but it's really highly unlikely that we can see that again.

The FOMO for this coin keeps on living but it's everyone to decide and just leave it for good because there's no need to take your share for that coin anymore.

[shinratensei_]

Now it seems that was just a fake recovery, maybe there's market manipulation going in the terra luna market.
regardless though considering the reputation of this coin, it could hardly recover back to its ATH again, so any effort of bullrun in terra luna could be said just a fake recovery.
terra luna has now become a shitcoin so there will be definitely more and more fake recovery going just like in meme coins in general.

[Ryker1]

Now it seems that was just a fake recovery, maybe there's market manipulation going in the terra luna market.
regardless though considering the reputation of this coin, it could hardly recover back to its ATH again, so any effort of bullrun in terra luna could be said just a fake recovery.
terra luna has now become a shitcoin so there will be definitely more and more fake recovery going just like in meme coins in general.

Well we cannot deny that they have a big community and it could be that coin was manipulated by them or it perhaps under the pump and dump group. Perhaps they also follow the bitcoin trend as you can see bitcoin was declining now and started dropping again.
In my personal opinion, I don't see any good utility in these coins and I suspected that they have a group that manipulates the price.

[CaVO32]

Now it seems that was just a fake recovery, maybe there's market manipulation going in the terra luna market.
regardless though considering the reputation of this coin, it could hardly recover back to its ATH again, so any effort of bullrun in terra luna could be said just a fake recovery.
terra luna has now become a shitcoin so there will be definitely more and more fake recovery going just like in meme coins in general.

Well we cannot deny that they have a big community and it could be that coin was manipulated by them or it perhaps under the pump and dump group. Perhaps they also follow the bitcoin trend as you can see bitcoin was declining now and started dropping again.
In my personal opinion, I don't see any good utility in these coins and I suspected that they have a group that manipulates the price.

As they want to portray that their project is not a total failure, definitely, they will have a dedicated group that will watch out their market. They are still careful these days as they want to show to the public that they are in the recovery mode. I hope those holders have learned their lessons and should do what needs to be done to recover your losses.

[Kadal Ijo]

Today I bought a luncak of about $ 15, if I see a very cheap price then I am optimistic that the opportunity for profit at least 10x will be easily achieved by buying luncaks, if something bad happens then I'm not too anxious because only investments with small grades, but what makes me Optimistic with luncap is often a trending on Twitter.

[popeye95]

They're pumping cause there are a lot of people knew about Terra since its downfall. This makes it looks attractive and famous similar to doge coin or other meme coins. Very likely to boom in the future if the burning movement for LUNC is done right.

[crzy]

They're pumping cause there are a lot of people knew about Terra since its downfall. This makes it looks attractive and famous similar to doge coin or other meme coins. Very likely to boom in the future if the burning movement for LUNC is done right.

What’s attractive about LUNA? Its dumping price or what?
I don’t see any attractive reason to buy LUNA again, even they increase their burning system I think there’s still a trust issue with them. They are supposed to be a stable coin, but look at them now. I think this is just a whale playing in the market. Better to be careful than to say sorry again later on.

[Slow death]

I have about $ 120 lunks that I keep in binance, in investment sometimes we need courage that is for investment coins that are sometimes unpopular, many say Luna will end, but if I pay attention to the team from Luna has a large reserve of money and BTC so I'm sure In 2022 LUNC can rise at least 10x compared to today.

 

let's see:

Are you betting your money on a project that recently had one of the biggest scandals in the crypto world and that made the price of this altcoin drop to almost zero and you even with all this disgrace are confident that the project can have a 10X increase? for an altcoin to increase in price a lot it needs buyers who have a lot of money, my question:

Are the whales really confident to buy this altcoin to hold until they have a 10X profit?

Will the scandal be over?

[bitterguy28]

TerraClassic, UST, Terra Luna 2, all pumping ! But why ?

I hear they're burning a lot of tokens... but , still doesn't make sense. The supply is still gigantic... especially Terra Classic, UST is still DePegged by a mile... AND Bitcoin is going lower and lower !!

WTF is going on !!

Don't be caught in a temporary trap of a product that has gone bad this year, because it's a lure for everyone to get investors back into TerraClassic, UST, Terra Luna 2 which will eventually lose again. And it will be very painful if the same people get losses in the same hole.

What I see here is that people already understand this case and knows that there is no bright future for this one , yeah they are trying to pump Terra nowadays but no way that people like me ? will buy or even invest for this currency and projects.

I only laugh at this kind of pump because I know where it is heading, pump and dump. If you are moved by luna 2 pump, that means you'll be easily deceived in crypto and you are yet to learn a lesson from luna. Inasmuch I can tell, luna 2 is a dead coin, investing in it will lead to peril

this is all we can do , laugh at this and their intentions .. many of the victims now are still hating this because of what we they did recently and still on going case against them.

They made the pump only to win back the sympathy of new investors who are not too familiar with the tera so anyone who is ready to bet, just go ahead as long as they are able to accept the risk after the pump ends.

but we knew that this is not how it works now, they are being flagged as scam project so hitting a pump will nit serve any good because only those trapped investors will earn here and new investors will always have second thoughts .
i myself will never put a single cent in this one.

[tbterryboy]

As they want to portray that their project is not a total failure, definitely, they will have a dedicated group that will watch out their market. They are still careful these days as they want to show to the public that they are in the recovery mode. I hope those holders have learned their lessons and should do what needs to be done to recover your losses.

Not a failure? Lol, no matter what they do, they can't gain all the trust that they lost. It was the end of their project, many people lost a tons of money and many have lost their lives. I don't think it was the owners' group that we see on telegram and other messaging app but it was only created by a fan and those who are in to pump and dump schemes.

Those who are first time to invest on a scam project like this will definitely be more careful now on what they are dealing with but I think that many of the investors are not new anymore so no matter how you tell them to learn their lesson, they will still keep on repeating the same thing.

[dunfida]

As they want to portray that their project is not a total failure, definitely, they will have a dedicated group that will watch out their market. They are still careful these days as they want to show to the public that they are in the recovery mode. I hope those holders have learned their lessons and should do what needs to be done to recover your losses.

Not a failure? Lol, no matter what they do, they can't gain all the trust that they lost. It was the end of their project, many people lost a tons of money and many have lost their lives. I don't think it was the owners' group that we see on telegram and other messaging app but it was only created by a fan and those who are in to pump and dump schemes.

Those who are first time to invest on a scam project like this will definitely be more careful now on what they are dealing with but I think that many of the investors are not new anymore so no matter how you tell them to learn their lesson, they will still keep on repeating the same thing.

Once trust is broken by a particular developer or team or in overall project then it wont really be the same trust that they could really get from the community even if they would launch up some fork event or something

that do really connects on them because it would really be that hard to regain that trust and support which the community had given out and considering on how Terra end up then i cant really blame the community
on whats their taking or impression into teams future plans.It might sounds good but dont expect that it would really be getting on the same support.
So its already expected that this project would die soon and people who are engaging are to those who do love to gamble or play with fire.

[Iyeman]

the luna massive crash started trend of investing in a coin that has lost 99% of its value like luna since most of the people that invest think it couldn't go down even further and thus the temporary bullrun that it created.
still at the end of the day, it's just a trend that gonna become a bygone. after all it was just a temporary trend of people that thinks luna gonna recover back again but big fat chance, it's not gonna recover back since it seems the team behind luna aren't willing to spend even a cent in using their reserved fund for saving their coin at this moment.

[minhtra]

Anything pumps at pennies. Terra Classic price been down 99.99% by now

[btc78]

Anything pumps at pennies. Terra Classic price been down 99.99% by now

As what I expected from the beginning of this  thread that this is another attempt of Scamming like what Terra Luna original does, and I believe that almost same person are involved in this as they manipulate the system to make fool those greed human , and also those who wanted to recover from their losses recently and now lose more .

They're pumping cause there are a lot of people knew about Terra since its downfall. This makes it looks attractive and famous similar to doge coin or other meme coins. Very likely to boom in the future if the burning movement for LUNC is done right.

+1 in this , I think we will be seeing more dumps aside from what had been linked in my quoted post above .

[MCobian]

They're pumping cause there are a lot of people knew about Terra since its downfall. This makes it looks attractive and famous similar to doge coin or other meme coins. Very likely to boom in the future if the burning movement for LUNC is done right.

What’s attractive about LUNA? Its dumping price or what?
I don’t see any attractive reason to buy LUNA again, even they increase their burning system I think there’s still a trust issue with them. They are supposed to be a stable coin, but look at them now. I think this is just a whale playing in the market. Better to be careful than to say sorry again later on.

Since LUNA destroyed the trust of many investors, it seems to me that LUNA's future is over and will soon die. I also thought that there was
nothing interesting about LUNA, it was enough that I was disappointed by LUNA once, I would not think about trusting LUNA again. Besides,
I'm not sure that LUNA can restore investors trust. Moreover, there are many investors who have suffered huge losses due to the drastic decline
in LUNA prices in a short period of time. I am among those who recommend staying away from LUNA, it's too dangerous if we have too high hopes
for LUNA, there LUNA will disappoint us a second time. We have to remember that there are so many projects to choose from, why should we take
the risk of buying LUNA again, if there are other projects that are safer and more profitable.

[rodskee]

They're pumping cause there are a lot of people knew about Terra since its downfall. This makes it looks attractive and famous similar to doge coin or other meme coins. Very likely to boom in the future if the burning movement for LUNC is done right.

What’s attractive about LUNA? Its dumping price or what?

it is attractive way back , specially in 2021 when the price is pumping and being manipulated but now? this is a BS project that a total scamming .

I don’t see any attractive reason to buy LUNA again, even they increase their burning system I think there’s still a trust issue with them.

look at the creation now, they are extending the chance to scam people and that is a BS attitude of them.

They are supposed to be a stable coin, but look at them now. I think this is just a whale playing in the market. Better to be careful than to say sorry again later on.

exactly , there are whale team that behind this and they will continue doing this till what they can afford to fool people.

[smartaction]

https://www.coingecko.com/en/coins/terraclassicusd
This is similar to manipulation on the Binance exchange, because the main trading volumes are on this exchange. 700% in 14 days, and this is after most users got rid of this coin. And most exchanges have removed trading in these coins.

Binance manipulating coz of backup there loss. Cz also was a luna holder. And he lost a lot of money on luna. now they manipulating about LUNA for recover there loss by collecting luna trading fees also trading luna. I think it’s one of their tricks

[btc78]

https://www.coingecko.com/en/coins/terraclassicusd
This is similar to manipulation on the Binance exchange, because the main trading volumes are on this exchange. 700% in 14 days, and this is after most users got rid of this coin. And most exchanges have removed trading in these coins.

Binance manipulating coz of backup there loss. Cz also was a luna holder. And he lost a lot of money on luna. now they manipulating about LUNA for recover there loss by collecting luna trading fees also trading luna. I think it’s one of their tricks

But it happens now ,  look at what happened now as Terra again their Classic Luna drops huge once again  lol.

I hate this but this is an obvious manipulating and maybe you are correct that Binance is conniving here and they wanted to claim their  losses from the recent scamming of LUNA.

We should be careful in trusting everything specially those who has cases like what LUNA has now.