Why is Terra still pumping !?!

[coinerer]

Investors who invest mainly on analysis are not getting any reason in the way of Luna appreciation. The biggest news that came out of Luna was that they would be burning a large amount of Luna tokens. There is no other news except Burning news, but what is the secret of increasing the price of Luna? Assuming it could be any trap and another way can rise if the community supports it highly.

[Stella Mese]

in fact many day traders prefer to speculate on the LUNC coin. because the movement is highly volatile can make a quick profit. and if we trace the crypto signal channels on telegram, many of them say that LUNC will go higher again. so do not be surprised if the small pump is always the case. but actually the current volume cannot be called a pump. because the graph looks to be rising healthily. and when it goes down, it doesn't dump alias it still goes down healthily. and many people are buying to bet on this coin. they know it's risky. but they do it anyway.

[South Park]

The burn already revealed and that's approximately 1.8 millions USDT worth of lunc already burned which is very very small amounts of lunc to be burned in a week period. Ethereum was burning millions everyday. This what people called as the burn will be effectively helping lunc to go back to the 1 billions supply which is delutional. So many people are crazy can't accept reality

Right now the lunc project only relies on high token burning to increase trading volume, but I'm not interested in news like luna burning even if they burn 50% of the coins in circulation, it's just a pump and dump factor with no utility to the holder so make sure you take it profit when trading the lunc coin before the loss from the high dump of whale trading

This is a coin from which it is better to stay away, while supposedly its market cap is still big enough to place it in the 33rd place we know what has happened during the last 6 months, the collapse it suffered, and how their developers are now wanted by the authorities of south korea, so in my mind it is just a matter of time before we see this coin completely collapsing, and as such there is not too much of a point in trading such a coin, as you do not know if you will be one of the unfortunate people which will end up holding useless coins in your wallet

[erep]

This is a coin from which it is better to stay away, while supposedly its market cap is still big enough to place it in the 33rd place we know what has happened during the last 6 months, the collapse it suffered, and how their developers are now wanted by the authorities of south korea, so in my mind it is just a matter of time before we see this coin completely collapsing, and as such there is not too much of a point in trading such a coin, as you do not know if you will be one of the unfortunate people which will end up holding useless coins in your wallet

We should avoid those coins and you better ignore the luna coin list, because some backgrounds currently don't support luna coin investment because whales can sell their luna coins from buying luna coins at lowest price, they currently have luna coins with estimated hundreds of thousands up to billions of dollars. I advise you to get out of investing in Luna due to the fact that critical reporting if DK is caught will experience a very significant decrease and you will become the next victim of investment.

[DoublerHunter]

This is a coin from which it is better to stay away, while supposedly its market cap is still big enough to place it in the 33rd place we know what has happened during the last 6 months, the collapse it suffered, and how their developers are now wanted by the authorities of south korea, so in my mind it is just a matter of time before we see this coin completely collapsing, and as such there is not too much of a point in trading such a coin, as you do not know if you will be one of the unfortunate people which will end up holding useless coins in your wallet

We should avoid coins and it is better that you ignore the luna coin list, because some of the current backgrounds do not support investing in luna coins because whales can sell their luna coins buying luna coins at the lowest price. I advise you to get out of interest in investing in Luna because of the fact that critical reporting if DK is arrested will have a very significant decrease and you will be the next investment victim.

^ Because there are too many greedy people who support terra which is considered whales.
Once all of these people will sell and dumped terra, this coin becomes shitcoin and those poor investors who did not know what happen might be a victim to them. Considering there will be a pump and dump and this project is very risky if you will include the list. I don't know when it comes to the utility of this project (LUNA) if worth it in the long run.

[Shasha80]

This is a coin from which it is better to stay away, while supposedly its market cap is still big enough to place it in the 33rd place we know what has happened during the last 6 months, the collapse it suffered, and how their developers are now wanted by the authorities of south korea, so in my mind it is just a matter of time before we see this coin completely collapsing, and as such there is not too much of a point in trading such a coin, as you do not know if you will be one of the unfortunate people which will end up holding useless coins in your wallet

We should avoid coins and it is better that you ignore the luna coin list, because some of the current backgrounds do not support investing in luna coins because whales can sell their luna coins buying luna coins at the lowest price. I advise you to get out of interest in investing in Luna because of the fact that critical reporting if DK is arrested will have a very significant decrease and you will be the next investment victim.

^ Because there are too many greedy people who support terra which is considered whales.
Once all of these people will sell and dumped terra, this coin becomes shitcoin and those poor investors who did not know what happen might be a victim to them. Considering there will be a pump and dump and this project is very risky if you will include the list. I don't know when it comes to the utility of this project (LUNA) if worth it in the long run.

I don't understand people who still believe in Terra, even though it's very clear how LUNA has harmed many people. Even the founder was
found guilty, which means we can already judge that Terra is a problematic project and should be avoided. If Terra can still pump, it means
that there are whales who take advantage of it, so we should not be tempted to invest in Terra just because of our greed. I really believe in
investors who can think intelligently, definitely won't be interested in buying Terra again. Because we don't want to make a second mistake,
let alone long-term investment in Terra, I don't recommend even short-term investments. It's better to focus on projects that are really safe
and have a bright future. If we do the right research and analysis, there are actually many other projects that we can buy instead of having
to take the risk of buying Terra.

[Editbar]

 I'm sure that we're heading close to a breakout in October
right, of course, we started that one on October because of the Binance burns because there's no way finally it's here now it's been seven-plus days and the price is just right just slowly.

[malcovi2]

The Luna Project team has been constantly promoting that they will burn their token.However, some people are investing there after hearing such news, but some are investing for the long term.But that little time is pumping because of the campaign to burn them the most.But I think the team is most responsible for the destruction of their project. For this, my biggest tension is that they started the project by raising the price a little with good news and then cheating the customers again Can do.

No, you are not correct about the burn because it is being proposed by the Luna classic community not the Luna team and its up to the developers with the node operators if they will implement such proposal but I do not think that it will happen because in my opinion Luna is already considered an abandon ware because its being under investigation. I think there wont be any developer gonna dip their toes into the project as they could face issues with the authorities.

[South Park]

This is a coin from which it is better to stay away, while supposedly its market cap is still big enough to place it in the 33rd place we know what has happened during the last 6 months, the collapse it suffered, and how their developers are now wanted by the authorities of south korea, so in my mind it is just a matter of time before we see this coin completely collapsing, and as such there is not too much of a point in trading such a coin, as you do not know if you will be one of the unfortunate people which will end up holding useless coins in your wallet

We should avoid those coins and you better ignore the luna coin list, because some backgrounds currently don't support luna coin investment because whales can sell their luna coins from buying luna coins at lowest price, they currently have luna coins with estimated hundreds of thousands up to billions of dollars. I advise you to get out of investing in Luna due to the fact that critical reporting if DK is caught will experience a very significant decrease and you will become the next victim of investment.

If I am honest I do not really understand the  people which are trading Luna right now, in a way I can get that people want to obtain profits above all and if they think they can get some money while trading Luna then they are going to do it, but the risks are incredibly high, just as Luna collapsed out of nowhere and destroyed the lives of a lot of people in the process the same can happen again, and this time around I do not see how it could survive at all.

[irhact]

By that, I mean the whole Terra Ecosystem: Luna Classic, Terra, Mirror Protocol, Anchor Protocol and even their stable coin UST !! ( Now renamed USTC )
 
So news of Do Kwon now getting arrested, his assets frozen etc, pretty much as bad as you can get.. yet the whole Terra Ecosystem is pumping !?
WTF is this !!

This is because big influencer are still hyping the coin and now making investors to believe it can do a 100x times your money if you invest now that is very cheap. Binance exchange has also launched a burning mechanism that will help reduce the supply of tokens in circulation and other exchange are buying into the hope. Luna was held by lots of people and they all got destroy when the crash happened, now they are just hoping on any positivity they see and this new bueno mechanism just gave them that hope.
Do Kwon was very stubborn if not the crash won't have had this much effec as itt did. Imagine if he hasn't launched the new Luna and try to revive this old one, maybe they would had been trading above the current price now but they have to share the cash flow with another project now.

[South Park]

luna is already becoming shitcoin it doesn't need any reason for it to increase its value since it's indeed a shit coin, you could never know when it gonna increase and decrease since it is heavily manipulated, you see its chart, it's the same with shitcoins in general basically increasing out of nowhere, not because the project itself has improved instead it increases because some random massive flow of investments which seems like manipulation.

Luna has always been a shitcoin it is just that people did not realized this before it was too late for them, but now we can see with complete clarity this is the case, and it is clear that the only ones that care about the coin are speculators that do not care at all about the risks they are taking and the poor people which were caught in the crash of Luna and now they are hoping that against all odds Luna somehow recovers its former glory, something we know it is never going to happen.

[WalkerIVIV]

Since binance was announcing to reduce the taxation for burning luna and the hype is slowly going to disappear. it seems like that luna's supporter were so mad caused by that. that's a good decision for binance. It's caused by binance doesn't need to implement a big tax for the shit scam coin like that. the price is slowly going down again to the bottom. Lunc was a scam coin that will never going up again. People that were so stupid to invest in this scam coin twice.

[Baofeng]

Since binance was announcing to reduce the taxation for burning luna and the hype is slowly going to disappear. it seems like that luna's supporter were so mad caused by that. that's a good decision for binance. It's caused by binance doesn't need to implement a big tax for the shit scam coin like that. the price is slowly going down again to the bottom. Lunc was a scam coin that will never going up again. People that were so stupid to invest in this scam coin twice.

Yeah, and so the pump has stop, and for those who have been in the market too long enough to know that this is clearly a pump and dump scheme by someone from behind. And so I don't understand why people still investing on this project as it has collapsed already and I don't see it reviving anytime soon.

And for those who have been scam twice, then shame on them, they have been a victim before. So they should stay away from it because it will be the same outcome as the first. And hopefully those who have lost their money have learn a valuable lesson in crypto market.

[Pelana vreo]

Terra continues to rise when the market is red, it looks like they are trying their luck by continuously pumping, many think that the Terra team gets a big profit and keeps bitcoin assets so they can keep pumping Terra.

Bitcoin reserve have Terra team seems to have been sold out due to an error in depegging UST, I can see from this article belowhttps://www.coindesk.com/business/2022/05/14/what-happened-to-the-35b-terra-reserve/

For increase price LUNC I think because of the burn tax in some exchanges, for details can be seen here https://twitter.com/LunaBurnTracker

[Xal0lex]

Terra, as the biggest scam of 2022, is still popular because the project attracts so many speculators, counting on big profits due to the fact that the coin collapsed badly and is now gradually being burned, leveling the supply. Also interest in the coin is fueled by the constant news about the Do Kwon investigation and his escape from the authorities and Interpol. In any case, long-term this project is definitely not worth considering, as sooner or later this story will end, as McCaffey's escape ended in its time.

[Odusko]

The only reason I can see is that Luna is trying every possible means to win back the trust of investors, and even with all the efforts of pump activities, the price of the token is still significantly down compared to its previous position.
And even if Dowen goes to prison I don't think that will change anything there are s many whales in the luna market already making every attempt just to recover they lose and some big exchanges may also be behind this.

[asriloni]

Surely this is what I expect, I'm not afraid to continue Luna because I'm sure someday can reach $ 1 or up more than 1000x, a realistic thing because Luna is supported by a team that already has a good reputation in Cryptocurrencies.

luna isn't having that much support currently unfortunately, you see binance was supporting luna out of their good will meanwhile it's already being abandoned by the team that it quite literally became shit coins right now, you wouldn't see some real developments unlike coins that's still making innovations like matic and sol.

[irhact]

Right now the lunc project only relies on high token burning to increase trading volume, but I'm not interested in news like luna burning even if they burn 50% of the coins in circulation, it's just a pump and dump factor with no utility to the holder so make sure you take it profit when trading the lunc coin before the loss from the high dump of whale trading

People are forgetting we have two projects now which are Luna and Lunc. Lunc is an abandon project and people who lost so much just want to recover their losses which is why they have faith in the project. Even Binance can't save it as I noticed they're the ones pioneering this movement of burning the supply of lunc with transaction fees coming from trading lunc on the Binance exchange. The community are yet to realized that this is just a marketing strategy by the Binance team to attract traders to their platform and when they do realize then the lunc project will dies off finally.
Dowen made a mistakes Introducing another project. They would had just stuck to reviving this one as they gain back the community trust. Now which project are we to concentrate on that we have two different coins.

[d3nz]

Right now the lunc project only relies on high token burning to increase trading volume, but I'm not interested in news like luna burning even if they burn 50% of the coins in circulation, it's just a pump and dump factor with no utility to the holder so make sure you take it profit when trading the lunc coin before the loss from the high dump of whale trading

People are forgetting we have two projects now which are Luna and Lunc. Lunc is an abandon project and people who lost so much just want to recover their losses which is why they have faith in the project. Even Binance can't save it as I noticed they're the ones pioneering this movement of burning the supply of lunc with transaction fees coming from trading lunc on the Binance exchange. The community are yet to realized that this is just a marketing strategy by the Binance team to attract traders to their platform and when they do realize then the lunc project will dies off finally.
Dowen made a mistakes Introducing another project. They would had just stuck to reviving this one as they gain back the community trust. Now which project are we to concentrate on that we have two different coins.

This is one of the reasons why Binance is still keeping the LUNC since they lost a lot of money when they didn't swap it for USDT if you read what CZ said before in his tweet. They are still earning fees for every trade of LUNC and LUNA that's why it's still active on the exchange.

Trading it on the future platform can also be taken advantage of since it can be easily read on the chart when it will go up or down just relying on the BTC value. A lot of whales also take advantage of it filling a lot of volume to attract traders.

[Humility4sure]

The issue of Luna seems to be over now but the scars still lingers and those affected may never recover from the shock and loss that came with it. My only advice is that we should all be careful with our investments in this space because there are no guarantees, one could wake up to be a millionaire as a result of the possessed assets and another could wake up to be broke.