WHY is Terra pumping ?

[romero121]

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.

A coin that lost the trust won't easily reach high in a short time period. Most of the holders who were distributed with the tokens will be much upon holding for long term. What we see with the market bump of Luna coins were true manipulation. Cz is a big investor of Luna, he too said Kown is the person behind the crash. In 2018 Binance received 15 million tokens for the $3million investment on Terra network. The 15million tokens turned $1.6billion and after the crash it is not even worth of $2500.

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[Coin_trader]

A coin that lost the trust won't easily reach high in a short time period. Most of the holders who were distributed with the tokens will be much upon holding for long term. What we see with the market bump of Luna coins were true manipulation. Cz is a big investor of Luna, he too said Kown is the person behind the crash. In 2018 Binance received 15 million tokens for the $3million investment on Terra network. The 15million tokens turned $1.6billion and after the crash it is not even worth of $2500.

Whales playing with retail investors is indeed what happened on LunaC and UST since they gave false hope to the old holders and many retail traders that voluntarily token burning will drive the price up quicker and this movement spread like wildfire until those who bought at the bottom sell there bags to those dumb trader who got hype and FOMO buy when the coin is pumping. I believe this will happened frequently even in the future since Luna is still famous and many fraud whales will try to use it to pump and dump in there favor once the sell-off is already over from there side..

[icalical]

Another price manipulation most likely, I don't know why people still believing in Terra after what happened. There is definitely something fishy with the founder of Terra on it's last fall, he most likely have something to do with the price fall. And his solution for the problem is making a new crypto, what a joke.

[Teraboy]

I don't know why people still believing in Terra after what happened. There is definitely something fishy with the founder of Terra on it's last fall, he most likely have something to do with the price fall. And his solution for the problem is making a new crypto, what a joke.

They became crazy after they were loosing their investment. That was happening with people who have been loosing their hope caused by a big incident like what happened with terra. Those people are being frustated caused by that and that was forcing them to believe what they have scammed all of them. They will always try to bet into the lunc and another scam coin that already launched by kwon and his crony. People are so dumb and they have weak mentals.

[serjent05]

Another price manipulation most likely, I don't know why people still believing in Terra after what happened. There is definitely something fishy with the founder of Terra on it's last fall, he most likely have something to do with the price fall. And his solution for the problem is making a new crypto, what a joke.

It is highly possible, that some investors purchase Luna hoping for Luna to have a massive pump in the future.  Also, I am wondering about the update on the case filed against Kwon.  It seems the news had died down.

Well CZ had already pointed out that it isn't good to fork Luna but Kwon has his own idea to solve the problem but fails miserably.

[carlfebz2]

Another price manipulation most likely, I don't know why people still believing in Terra after what happened. There is definitely something fishy with the founder of Terra on it's last fall, he most likely have something to do with the price fall. And his solution for the problem is making a new crypto, what a joke.

It is highly possible, that some investors purchase Luna hoping for Luna to have a massive pump in the future.  Also, I am wondering about the update on the case filed against Kwon.  It seems the news had died down.

Well CZ had already pointed out that it isn't good to fork Luna but Kwon has his own idea to solve the problem but fails miserably.

There are court orders. I dont know if this one is the latest but much sure he's facing these things and its on going.
https://dailyhodl.com/2022/06/10/us-court-orders-embattled-terra-luna-founder-do-kwon-to-comply-with-sec-subpoena/

It is really just right that he should really be paying the consequences specially into that alleged withdrawals been made which do involves huge sum or chunks of funds.
Well, we do talk about investment and the project itself then i dont really see for the community to trust this up once again.
It might pump but it wont mean that it will be sustainable.

[OgNasty]

For some reason people love to try and catch a bottom for quick gains on a bounce.  I'm not sure why, but it seems like every new investor goes through this stage.  They see stocks lose 99% of their value and then want to catch a quick jump for profits...  After a few decades in the market you learn to avoid these types of investments like the plague.  At some point you realize that trying to make money off shit investments when they bounce is a fool's game and you're far better off owning good investments for a long time.  Nobody wants to hear that, but 10% a year is good and what people should expect when investing. 

[adzino]

Because people are stupid enough to believe that the price will recover. I mean, they know nothing is going to happen but they still wants to try their luck, so they are still buying. And then there are those pump and dump groups that are probably pumping the price. There are those rumors going on that the terra classic coins will be burned and removed from circulation. People are thinking that this will cause the price to recover and hence they are investing. Don't fall for those bait or you will end up regretting.

[mindrust]

To... dump it on you of course. Hence the name, pump&dump - shitcoin. The other explanation is, because they can.

TerraLuna is known by everybody now. It is bad press but still press. Naturally it attracts pump&dumpers. At some point Its marketcap became so small, it was too easy to pump it and dump on the noobs. That's what they are doing.

TerraLuna is now one of the perfect p&d shitcoins in existence, till it dies off completely.

[$crypto$]

Because people are stupid enough to believe that the price will recover. I mean, they know nothing is going to happen but they still wants to try their luck, so they are still buying. And then there are those pump and dump groups that are probably pumping the price. There are those rumors going on that the terra classic coins will be burned and removed from circulation. People are thinking that this will cause the price to recover and hence they are investing. Don't fall for those bait or you will end up regretting.

I still remember there was a group of people who believed that Terra would recover so he bought more when the downturn was happening but I don't know why his attitude was like that even though it was clear that Terra had fallen 99% with his stable coins but that's what they were fooling anyway someone reminded him.
Although there are rumors of burning on classic Terra tokens I'm not sure what their price will be, just try a group to pump and sell when it goes up, but there will be a lot of victims stuck here.

[minhtra]

meme stonks 

[Webetcoins]

For some reason people love to try and catch a bottom for quick gains on a bounce.  I'm not sure why, but it seems like every new investor goes through this stage.  They see stocks lose 99% of their value and then want to catch a quick jump for profits...  After a few decades in the market you learn to avoid these types of investments like the plague.  At some point you realize that trying to make money off shit investments when they bounce is a fool's game and you're far better off owning good investments for a long time.  Nobody wants to hear that, but 10% a year is good and what people should expect when investing. 

It seems they are catching a falling a knife there due to how risky that coin is. If only they do that on a much better coin then that is not wrong but it was in fact being recommended the most.

It's always the trait of a newbie to invest blindly especially on the sh!t coins that are badly crashing because they see that it was too cheap as compared to those regular coins which are much safer and they also believe that it will be pumped again by those who manipulate it. If that happens then they can make a nice return in just a short amount of time. 10 percent a year looks so small but this is better if you are only investing on those assets which risk is close to zero.

[tomahawk9]

first rule of Crypto market is: you do not talk about Crypto market. Second rule of Crypto market is: you do not fall for obvious scamcoins, memecoins and vaporware deadcoins (e.g. Terra). Now I was kidding about the first rule, but the second one is a free life pro tip you can use in the cryptospace. Seriously folks, do not buy Terra or terraclassic or whatever name they're using now, there are plenty of other shitcoins you can donate your money to.

[samcrypto]

TerraLuna is now one of the perfect p&d shitcoins in existence, till it dies off completely.

This should be a warning to those who are still trying to join the pump and dump trend of TerraLuna, we know the risk of it and its really not worth it anymore.
There's a pump maybe because of another manipulation and I don't see that as a real pump because there's a big risk for this. If you are planning to buy this shit token again, you better analyze 10x and for sure you will ended up with the same result, which is to avoid this token at all cost.

[South Park]

TerraLuna is now one of the perfect p&d shitcoins in existence, till it dies off completely.

This should be a warning to those who are still trying to join the pump and dump trend of TerraLuna, we know the risk of it and its really not worth it anymore.
There's a pump maybe because of another manipulation and I don't see that as a real pump because there's a big risk for this. If you are planning to buy this shit token again, you better analyze 10x and for sure you will ended up with the same result, which is to avoid this token at all cost.

Some traders are too smart for their own good, Terra Luna is a failed project which can now only be considered a pump and dump coin and soon enough it will disappear, but since it is possible to obtain some profits with it then traders keep thinking about trading the coin, but this is simply a bad idea, at some point we need to use our common sense and stop giving any attention to those useless coins despite the potential profits we may get, since sooner or later we could make a mistake and then become bagholders of such shitcoin.

[ilovealtcoins]

Luna is now like a shitcoin it can pump and dump whenever it wants without having to rely on any news from its development. Everyone is investing with luna just trying to speculate to make some profit, no one holds this dead coin anymore. yes it is pumping but beware it will dump soon after.

[shinratensei_]

Another price manipulation most likely, I don't know why people still believing in Terra after what happened. There is definitely something fishy with the founder of Terra on it's last fall, he most likely have something to do with the price fall. And his solution for the problem is making a new crypto, what a joke.

Im sure that was another manipulaton from the whales. I just wanna know who will become the guy who tried to pump the dead coin like luna. luna is dead. Anyone who are still hoping a lot to this coin must accept if they have been loosing a lot and do kwon has become the main reason why this coin is dead. Any pump that happened with lunc will not change the situation if the fact that lunc was a dead coin. it's clear that if what i have said above was true at all.

[ScamViruS]

Luna is now like a shitcoin it can pump and dump whenever it wants without having to rely on any news from its development. Everyone is investing with luna just trying to speculate to make some profit, no one holds this dead coin anymore. yes it is pumping but beware it will dump soon after.

This project has collapsed so badly that it will not be easy to regain faith no matter how hard they try. Because Luna 2 has been struggling and dumping since it came on the market. It seems to me that it would not be right to expect anything more from this project, so leaving it would be the right decision.

Already this luna has caused huge losses to many investors, so the focus should be on other solid projects rather than increasing the risk by investing more in this project.

[ultrloa]

Luna is now like a shitcoin it can pump and dump whenever it wants without having to rely on any news from its development. Everyone is investing with luna just trying to speculate to make some profit, no one holds this dead coin anymore. yes it is pumping but beware it will dump soon after.

This project has collapsed so badly that it will not be easy to regain faith no matter how hard they try. Because Luna 2 has been struggling and dumping since it came on the market. It seems to me that it would not be right to expect anything more from this project, so leaving it would be the right decision.

Already this luna has caused huge losses to many investors, so the focus should be on other solid projects rather than increasing the risk by investing more in this project.

So many times investors got squeeze by this coin and I also believe that many investors lost their trust on this project and the only remaining there are those people who ride with the news which want to manipulate the terra market to gain. For new investors its better not to trust then because joining the hype will not make any sense as they will just lose their money with that coin.

[Wawa2013]

Luna is now like a shitcoin it can pump and dump whenever it wants without having to rely on any news from its development. Everyone is investing with luna just trying to speculate to make some profit, no one holds this dead coin anymore. yes it is pumping but beware it will dump soon after.

This project has collapsed so badly that it will not be easy to regain faith no matter how hard they try. Because Luna 2 has been struggling and dumping since it came on the market. It seems to me that it would not be right to expect anything more from this project, so leaving it would be the right decision.

Already this luna has caused huge losses to many investors, so the focus should be on other solid projects rather than increasing the risk by investing more in this project.

So many times investors got squeeze by this coin and I also believe that many investors lost their trust on this project and the only remaining there are those people who ride with the news which want to manipulate the terra market to gain. For new investors its better not to trust then because joining the hype will not make any sense as they will just lose their money with that coin.

I'm also worried about newbies who don't have good knowledge of crypto world, ended up not knowing that investing in LUNA was a bad choice.
Many newbies certainly don't realize that LUNA is only used by certain people to do pump and dump. Besides that, newbies are usually easier
to manipulate and newbies hope that LUNA will pump and give them big profits after they buy LUNA. However, this thought is unlikely to come true.
After many investors became victims, it seems impossible that LUNA can restore investors trust. Especially the old investors must have not
been interested at all in buying LUNA, because indeed if we do research and analyze correctly, we will definitely know that LUNA is not a good choice
for investment. The risk is very big to lose money if we force investment in LUNA, if there is a better choice of coins, why do we have to
force investments in LUNA which are high risk.