LUNA PUMP

[Jatiluhung]

the pump that occurred at LUNC was caused by a proposal for submitting a burn tax for each LUNC transaction. I kind of forgot the full story. and binance, FTx, huobi, gate.io all agree on that. from there the price goes up.

but last night I also saw LUNA v2 also pumping. well for this one I really don't know the reason behind the pump. whether there is news from Do Kwon or what I don't know. but there must be some good news that causes the pump to exist.

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[Pelana vreo]

Am I missing something in the market news?
I was Airdrop 10.5$ worth of btc for a task I won in twitter used the money to buy the new Luna on Binance which was less down 48hrs now.
Just logged in my Binance now and am seeing a massive gain. 10$ is currently worth 28.7$.
Were is the pump actually heading to, should I take profit now or hold?
Just asking out of curiosity, u really don't trust this Luna again despite how small the initial capital is.

You have profit and that profit you can take by selling it and then trading with other coins, luna market cap is increasing and I haven't got much information about it, if you look at LUNA market cap then you will see an increase of $1 Billion usd, that's a lot money, difficult market situation guess what, if you look at the market trend in september last year, the crypto market situation is in a bearish trend, but that's just speculation and I think take the profit you get and buy another coin which is hype

[cryptoaddictchie]

Am I missing something in the market news?
I was Airdrop 10.5$ worth of btc for a task I won in twitter used the money to buy the new Luna on Binance which was less down 48hrs now.
Just logged in my Binance now and am seeing a massive gain. 10$ is currently worth 28.7$.
Were is the pump actually heading to, should I take profit now or hold?
Just asking out of curiosity, u really don't trust this Luna again despite how small the initial capital is.

Safe move is sold the money or capital you put and if you feel its gonna go up more then hold the rest in that way you dont have anymore losses in the process and safe keep your money. Trusting luna is quite hard for majority but if you really think its still gonna recover then make sure you understand the risk. Cause its scary to know that Luna can still be able to its previous ATH in spite of everything happened on their network.

[antsam]

Watch out for the batman trap, immediately take the opportunity if you get a profit, at least the capital returns. There is no strong reason and fundamentals to support LUNA to fly high, so be careful if one day the price slides down again. It's better to be safe from now on

[Beparanf]

Crypto market experience a sudden volatility and Luna is one of the shitcoin that price is on the bottom and easy target for pump and dump group. The pump is already over and probably those traders that fomo buy yesterday will take profit today. Traders is just waiting to each other move on who will gonna sell off first. But it’s much better to take profit rather than still risk your money for breakeven worst loss.

[posi]

the pump that occurred at LUNC was caused by a proposal for submitting a burn tax for each LUNC transaction. I kind of forgot the full story. and binance, FTx, huobi, gate.io all agree on that. from there the price goes up.

but last night I also saw LUNA v2 also pumping. well for this one I really don't know the reason behind the pump. whether there is news from Do Kwon or what I don't know. but there must be some good news that causes the pump to exist.

In the case of meme projects, the pump can be used at any time, just shark wants to pump then the pump will work. Unlike potential projects, the pump will be activated when there is good news around it. The whole market is so bleak, even bitcoin can't grow but luna had a very strong pump yesterday. So I think this is a trap and it will most likely get dumped in the coming days so if you are holding it or trading with it be very careful.

[traderethereum]

Am I missing something in the market news?
I was Airdrop 10.5$ worth of btc for a task I won in twitter used the money to buy the new Luna on Binance which was less down 48hrs now.
Just logged in my Binance now and am seeing a massive gain. 10$ is currently worth 28.7$.
Were is the pump actually heading to, should I take profit now or hold?
Just asking out of curiosity, u really don't trust this Luna again despite how small the initial capital is.

It's all up to you because the decision is yours.
If you believe that the project can still provide hope for future increases, you can sell it at a high price but now it looks like the price is back to a low price.
And if you feel that the project does not have much hope of increasing in the future, you can leave it by selling the token and move to another coin or token.
We don't know what happened to the project and why to get such a high pump and it will all come back to you.

[crwth]

What is your current situation now? I think the hype has gone down. It's currently -18.78% at the moment of posting.

Did you manage to get more out of your free money? You are lucky to have gotten that and won $10 worth of BTC. Since you already know that you shouldn't trust again, do what you think you must do. Don't wait for somebody else to validate it for you or something. It's only you who is going to decide.

[Marvell1]

What is your current situation now? I think the hype has gone down. It's currently -18.78% at the moment of posting.

After pumping continuously it will be dumped after that, nothing goes up forever, not too surprised. Furthermore, I believe that this is just a price trap and not a normal bull run like there is in other coins. Luna has a bad history, being the fastest-crumbling coin, causing the biggest losses ever for investors. I don't understand why so many people still believe in such a coin, they defied previous painful endings caused by Luna herself to continue rushing in like moths to make some profit.

[crunck]

What is your current situation now? I think the hype has gone down. It's currently -18.78% at the moment of posting.

Did you manage to get more out of your free money? You are lucky to have gotten that and won $10 worth of BTC. Since you already know that you shouldn't trust again, do what you think you must do. Don't wait for somebody else to validate it for you or something. It's only you who is going to decide.

You are talking about lunch not luna. I just checked Luna is still at 165% growth. But compared to the previous declines, this is not much, not enough for the old investor to recover. Just a very small number compared to the loss of old investors.

@OP if you already have a big profit you should sell now before dumping as lunc happens. Lunc items are starting to show signs of falling in price, possibly a sell-off is imminent. Many will lose again.

[pgbit]

The price of Luna is currently increasing steadily and it is expected to pump more. All big exchanges are supporting Luna, Leading exchanges Kucoin ,gate io to support 1.2% tax burn for Luna.After this, Binance is not far behind, it has also started supporting Binance also given the option of futures trading,  with 25x leverage and will continue to support it. In addition, Binance has also said that it will not sell 15.6 million tokens of Luna. Binance is a very large exchange.  He has to get his money out of here. He will pump it more with the futures trade and then he can dump it on people. Because it is being pumped so much inside the bear market that there is no chance of 500% But all these big exchanges are doing it together.That's why Luna is pumping.

[GreatArkansas]

Never fail does not mean forever lost trust. LUNA making the new coin has proven that they are still responsible for what happened to the old LUNA. but if we think, it's too soon to say that LUNA has risen again, this could be fake bull still happening. but if you profit, you should be grateful, if you are satisfied it would be better to sell it.

The trust is already broken, and damage has already been done. It's already difficult to trust again, especially with with billions of dollars lost in just a short period of time.
But if they are really sorry for what happened, they must prove it and must sincere.

Back to OP,
Profits is alreay profits, even how small it. Since you only got it from airdrop then if you are already satisify with the profits, then take profits.

[wxa7115]

The price of Luna is currently increasing steadily and it is expected to pump more. All big exchanges are supporting Luna, Leading exchanges Kucoin ,gate io to support 1.2% tax burn for Luna.After this, Binance is not far behind, it has also started supporting Binance also given the option of futures trading,  with 25x leverage and will continue to support it. In addition, Binance has also said that it will not sell 15.6 million tokens of Luna. Binance is a very large exchange.  He has to get his money out of here. He will pump it more with the futures trade and then he can dump it on people. Because it is being pumped so much inside the bear market that there is no chance of 500% But all these big exchanges are doing it together.That's why Luna is pumping.

Do not forget that exchanges aren’t monolithic and they can change their mind as well, so even if they are allowing LUNA to still be traded at their platforms this doesn’t mean that this will always be the case.

So you need to keep your eyes open as I think the day in which many exchanges will drop LUNA is coming and it may come way sooner than what people expect, as it seems the charges against their developers are not going to disappear any time soon.

[ethereumhunter]

So you need to keep your eyes open as I think the day in which many exchanges will drop LUNA is coming and it may come way sooner than what people expect, as it seems the charges against their developers are not going to disappear any time soon.

So before the time comes, we better make a decision so it's not too late to think about it. Luna has given many benefits to many people and it seems that Luna's time is running out soon, so be careful if you still want to invest in Luna projects. Don't let your regrets go after seeing the project because we do not know if there is no news and the exchange will remove the token.

[kentrolla]

I would say take out your funds immediately and even when you hold it then set a stop loss of 5% so that you don't incur huge loss as this coin and it's team cannot be trusted anymore especially post what happened 4 months ago, it would be a foolish decision to trust this coin as already it has pushed so many to lose their investment and to the brink of poverty, regardless of the pump it will not gain it's lost reputation. It's becoming really difficult to find a reliable coin except the good old altcoins and bitcoin.

[Grim149x]

the price ia looo like parabolic thats why luna is dump now the luna and lunc is a pump and dump coin. ithink luna is cannot recover on 100usdt up any more .

[serjent05]

the price ia looo like parabolic thats why luna is dump now the luna and lunc is a pump and dump coin. ithink luna is cannot recover on 100usdt up any more .

Forget about thinking Luna is going to recover.  Their founder is in hiding since the S. Korea government issued a warrant of arrest, I think the fate of Luna will be the same as Centra.  Centra were once good coins before the founder are accused of fraud and got jailed.  The same fate is probably waiting for Do Kwon if he can't prove his innocence ( I wonder if he really is). 

The current situation of LUna is really dire but the market movement is really baffling.  Increasing while the project owner is getting rekt by the S. Korea authority.

I would say take out your funds immediately and even when you hold it then set a stop loss of 5% so that you don't incur huge loss as this coin and it's team cannot be trusted anymore especially post what happened 4 months ago, it would be a foolish decision to trust this coin as already it has pushed so many to lose their investment and to the brink of poverty, regardless of the pump it will not gain it's lost reputation. It's becoming really difficult to find a reliable coin except the good old altcoins and bitcoin.

Not only that, this coins has lost it fundamentals because the owner who will develop the project would be facing years of imprisonment when caught and sentenced guilty. Better to watch from the sideline and see the next event of this controversial project.

[bounceback]

The amount of $28 is not a lot of money, so if you lose it, I guess it won't have too much impact on your life. So you keep holding, maybe something unexpected will happen, you will get a bigger profit from it. If unlucky you can lose it and it's not something too big to regret. Luna is pumping very hard, try your luck with the money also received for free from the airdrop.

With little funds it might not be too much of a problem to hope luck will come to him one day but the question is whether the luna project will grow better in the future and have better value because now we all know that the project has gone through previous collapses which resulted in all investors who invest with him must suffer heavy losses especially at this time the project is in trouble because South Korean officials have issued an arrest warrant for Do Knwo who is the CEO of Terrafrom Labs.

[MidNite36]

It's over for Luna because the south Korean government is not that of the united states, they will deal with the CEO and keep him away, I am sorry for him though, if you have any luna coin on you it's better to sell and hunt for another good alt.

[Jeger.Kiting]

It all depends on what you think and do, if you just want to play with a small profit you can play it for profit at any time, but if your intention is for the long term it's better to just hold on, but keep in mind at that time LUNA really dropped and it's a lesson for everyone. Because many people hesitate to invest big with the money they have with LUNA because of the Dump case back then. So make the best choice for your future investment so as not to lose the money you invested in the future