Is Terra Classic recovered?

[Paul Pogba]

To say it has recovered is certainly a long way off, currently there are 3 zeros behind the comma and before the Terra drop price was still over $80, it might be difficult to get back to $80 but I can say recovered if the LUNA price can reach at least $10.

[gunhell16]

Hello,
Is Terra Classic recovered and worth the investment? Please see https://www.coindesk.com/markets/2022/09/08/crypto-terra-luna-classic-surges-as-traders-speculate-on-new-supply-burn-rule/.



Thank you.

If you are one of those who invested before in Terra Luna and you are among the community investors who also lost money, and
even though that happened, you still gambled to buy terra classic and held it until it pumped up in the market today, of course,
I can say that somehow you recovered from a loss before.

     It is still up to you to decide if you will continue to hold the other terra you hold or if you will sell the other because
you have income from pumping it.

[BobK71]

Hello,
Is Terra Classic recovered and worth the investment? Please see https://www.coindesk.com/markets/2022/09/08/crypto-terra-luna-classic-surges-as-traders-speculate-on-new-supply-burn-rule/.
Thank you.

Despite being such a big scam, people are still investing in these projects. Cryptocurrencies are good for the investors those who can take the risk but in this platform chances of losing asset is really high. At any time Luna Coins will go down and some investors will lose all of them.  Despite knowing everything, some investors still think of Luna as a lottery.

[ethereumhunter]

Hello,
Is Terra Classic recovered and worth the investment? Please see https://www.coindesk.com/markets/2022/09/08/crypto-terra-luna-classic-surges-as-traders-speculate-on-new-supply-burn-rule/.
Thank you.

I don't know if the current rise of the Terra Classic is starting to recover in price and is worth the investment after the project went through. Maybe not many investors invest in the project because they have had bad experiences before and the current price increase wants to attract the attention of other investors that their project is still worth investing in. If you want to invest in the project, you should be careful and only use the money you can afford and don't let you get a bad experience like before.

[eXtremal]

lately I see a lot of people talking about terra LUNA classic. it seems that they are serious about working on this LUNA classic project so some investors are starting to believe it. very lucky those who had entered before this news was there, they are already for tens of percent now. LUNA is interesting, I hope they can bring LUNA classic back into the top ten.

[antsam]

Lately, it really doesn't make sense to see Terra's movements, both classic and newest, can the price rise from adversity. In my opinion, however, there is no information that has high fundamentals to support its revival in my opinion. But hopefully this resurrection can help people who have fallen but don't let it repeat the second downturn

[kojektea]

everyone has their own opinion. I think those who entered early when Terra LUNA was still underrated when LUNA classic was released early had already bought it, they are the luckiest because now they can enjoy the profits that already exist. but for some people it's not too late to invest, it's just that the risk is in their respective choices.

[Piesel]

Or those who have jump is those people who have lost their money and at least if they would have to sell at the price right now, they could have recovered something.

Probably or maybe. Its really something staying above $6 for two days. It seems the whales are really trying ti make it a long time interval before releasing their bags. I feel that it could do another leg up to $10 and from that where the massacre would happened right away.

Curious too why exchange are posting or taunting community with such questions of how far will lunc/luna pump go. Rather it seems they are shilling in a very subtle way like Kucoin tweets.

I don't know why but I lost my confidence in this project long ago, and even though luna should do 10x price moment right now I would not be impressed because they have betrayed community trust.

And year exchange will do all that their can to promote the coin even if it means using the subtle method, you know the investment is at stake as many exchanges have large bags of Terra classic ready to be offloaded into the market any moment the pump happens.

[Sayeds56]

Hello,
Is Terra Classic recovered and worth the investment? Please see https://www.coindesk.com/markets/2022/09/08/crypto-terra-luna-classic-surges-as-traders-speculate-on-new-supply-burn-rule/.



Thank you.

Terra Classic Lunac is failed project and no one will again trust on this project. Positive movement in price not indicate that this project recovered again. All big investors loss so much in Ustc and Luna . It will never recovered. Lunc is now become a shit Coin and there is no Usecase of this Token.

You are absolutely right. The kind of huge crash LUNA went through back in May-22 & consequently whole market crash along with it won't be easy to forget for investor. Current price hike of 500% & marketcap now stands above $2 billion. Th esucces  burning mechanism proposed will depend on its acceptability by major exchanges and increasein trading volume.

[Novita]

Hello,
Is Terra Classic recovered and worth the investment? Please see https://www.coindesk.com/markets/2022/09/08/crypto-terra-luna-classic-surges-as-traders-speculate-on-new-supply-burn-rule/.



Thank you.

Logically, I think that Terra Luna Classic is one of the coins most investors glance at to invest in cryptocurrencies, but because of the many slander against the coin, the investors apply rules so that the Terra Luna Classic coin can recover or come back to life. in the crypto market.
Although it's been a tough period for crypto in general and investors still have a bad taste in the Terra Luna Classic as a result of the fall in May this year. Speaking of whether or not it's worth investing in, the answer is of course you already know, but for me personally, there's nothing wrong with investing or owning shares of this Terra Luna Classic Coin, bro.

[BobK71]

Or those who have jump is those people who have lost their money and at least if they would have to sell at the price right now, they could have recovered something.

Probably or maybe. Its really something staying above $6 for two days. It seems the whales are really trying ti make it a long time interval before releasing their bags. I feel that it could do another leg up to $10 and from that where the massacre would happened right away.

Curious too why exchange are posting or taunting community with such questions of how far will lunc/luna pump go. Rather it seems they are shilling in a very subtle way like Kucoin tweets.

I don't know why but I lost my confidence in this project long ago, and even though luna should do 10x price moment right now I would not be impressed because they have betrayed community trust.

And year exchange will do all that their can to promote the coin even if it means using the subtle method, you know the investment is at stake as many exchanges have large bags of Terra classic ready to be offloaded into the market any moment the pump happens.

Recently in LUNA coin some blue whale buy big amount by which it is pumping massively. In the last 30 days luna increased 321% percent and 7 days graphs have been seen about 57%, but still it is about approximately 100% percent less than the maximum price. But I think that if the whales increase the sales pressure, it will be forced to go to the previous position again.

[Kadal Ijo]

If the price has been 10x from now on, of course we agreed to say it recovered, if the price comparison before dropping with now, of course it is still too far, it takes at least 3 times a large pump to be able to make investors interested in investment luna classic again.

[justdimin]

Recently in LUNA coin some blue whale buy big amount by which it is pumping massively. In the last 30 days luna increased 321% percent and 7 days graphs have been seen about 57%, but still it is about approximately 100% percent less than the maximum price. But I think that if the whales increase the sales pressure, it will be forced to go to the previous position again.

That whale could take it to x10 higher and I would still not trust it at all. That's not even Luna classic, that is luna and whale ended up doing something wrong for themselves since it means they have a lot of Luna and if they tried to sell it then they would probably make a loss considering how much they would drop the price. There needs to be some trust in the market that the project will recover and if the price is not showing that then it is not going to recover.
 
Focus on other things, why are there so many people who are still reconsidering to invest into Luna or Luna Classic? When we have thousands of options, even like a dozen good ones, why would you feel like you are stuck and could only invest into this? Forget about it and move onto other coins already.

[BitDane]

Hello,
Is Terra Classic recovered and worth the investment? Please see https://www.coindesk.com/markets/2022/09/08/crypto-terra-luna-classic-surges-as-traders-speculate-on-new-supply-burn-rule/.



Thank you.

Terra classic is far from recovering.  Terra Classic were once trading around $119.18 so it is down almost 100% and yet to recover even 1% of the current ATH.  I would suggest to stay away from this project because its future is very unclear if you plan to hold it for a long time.  If you plan to just day trade this then I don't think there is harm in trying so.  But be aware that LUNC is currently hyped so you might find yourself unfavorable in the future if you buy it now.

[batang_bitcoin]

Heck no!

If the price has been 10x from now on, of course we agreed to say it recovered, if the price comparison before dropping with now, of course it is still too far, it takes at least 3 times a large pump to be able to make investors interested in investment luna classic again.

If we calculate that and then we'll still end up with a no. It has recovered even it will get a 10x of increase. Right now, after the good pump that it had got.
Look at how massive it is with it drops and that's why no way that it's recovered and not good to hold that you can lean on your future on it for someone who prefers long term.

[minairia3]

Hello,
Is Terra Classic recovered and worth the investment? Please see https://www.coindesk.com/markets/2022/09/08/crypto-terra-luna-classic-surges-as-traders-speculate-on-new-supply-burn-rule/.



Thank you.

Terra classic is far from recovering.  Terra Classic were once trading around $119.18 so it is down almost 100% and yet to recover even 1% of the current ATH.  I would suggest to stay away from this project because its future is very unclear if you plan to hold it for a long time.  If you plan to just day trade this then I don't think there is harm in trying so.  But be aware that LUNC is currently hyped so you might find yourself unfavorable in the future if you buy it now.

Luna has dumped hundreds of thousands of percent and now lunac is up only 100% -200% people believe it is starting to recover and will be back soon. Having said that it will never be possible, looking at the current total supply, the possibility of an increase to 0.01 is also an impossible task let alone it will go further.

Even if the Lunc is pumped a few hundred percent more I personally don't believe it will come back but instead the whales are trying to create a Fomo effect that makes people believe it has recovered and then they will be dumping again.

[dansus021]

as you can see it recovered because there is news about coin burn

Luna has dumped hundreds of thousands of percent and now lunac is up only 100% -200% people believe it is starting to recover and will be back soon. Having said that it will never be possible, looking at the current total supply, the possibility of an increase to 0.01 is also an impossible task let alone it will go further.

Even if the Lunc is pumped a few hundred percent more I personally don't believe it will come back but instead the whales are trying to create a Fomo effect that makes people believe it has recovered and then they will be dumping again.

and also i do agree with this one whlaes are creating a fomo
because you can take a look with the huge volume spike either in lunaclassic and luna new i think is anomaly

[crwth]

Based on the old reason why it was created, and there is a Luna 2.0, it's hard to believe what they will do anymore. It's going to be very hard to become invested in it, and it's never going to recover to its former price because of what happened unless everything is redeemed to those affected. We will see.

This "Tax Burn" thing that they have initialized is just a countermeasure that is for the short-term right now. Let's see how it will react in the long run. The amount of money lost and involved in that issue was too much, and this burning mechanism can't hold it for sure.

It's the cause of the crypto crisis this year.

[drac970815]

No, stay out of that project. It's just a scam. instead of investing that invest to a project like CHZ, at least you can get a 10-15% when FIFA world cup started.

[Pelana vreo]

The current increase in LUNC prices is due to the Hype from Tax that will be implemented in several CEX exchanges https://cointelegraph.com/news/exchanges-criticized-for-nothingburger-pr-posts-on-upcoming-lunc-tax-burn
Honestly I have LUNC staked, but it's only worth $100 usd, since LUNC is a community token similar to Doge, I'm not expecting much increase, but waiting for the right moment to sell it.