crash: What happened to Terra Luna's value and is it recoverable?

crash: What happened to Terra Luna's value and is it recoverable?

< Show Wisdom Collection: What happened to Terra Luna's value and is it recoverable?article avatarDzaky Wijaya

kerja

What is your opinion about the Luna crash?

due to the weakening of the UST price and the increasing supply, so the Lunar price is weakening So there will be a crash in all Luna markets and communities

Did the Luna value crash has affected you in any way? Please elaborate.

It's unfortunate that a project as good as Luna has to experience such a deep crash and this could be for learning and I feel very, very uncomfortable with all of this

In your opinion, what will happen next in the crypto sphere? Will Luna recover?

I'm no longer interested and it seems that many investors don't believe in investing in Luna anymore with the incident yesterday, investors will think again

What is your price prediction for Terra ($LUNA) in 3rd Quarter 2022?

0,005$

article avatarAbegail Prado

Teacher

What is your opinion about the Luna crash?

Im so much worried about the investors that invest in terra luna and it crash like crazy. But right now, I know it will recover since It was listed again in binnace after delisting it

Did the Luna value crash has affected you in any way? Please elaborate.

Yes, Because As a crypto community, I feel sorry to my crypto friends who take risk all in and it crash. Im really worried and I was so affected because I believe that crypto is very risky just invest what you can afford to loose

In your opinion, what will happen next in the crypto sphere? Will Luna recover?

Yes I know it will recover indeed because the team is doing their best to make it succeed for the second chance and even CZ of binance give chance to the LUNA team

What is your price prediction for Terra ($LUNA) in 3rd Quarter 2022?

I think luna will fall on 1$ on 3rd quarter of 2022

article avatarjeoffrey429

What is your opinion about the Luna crash?

luna crash because of bitcoin is falling down and it's pulling other coins down too and also people fud the project and many rumours are in the internet why luna crash

Did the Luna value crash has affected you in any way? Please elaborate.

it did not affect me because i sell two days before it crash and now I'm waiting for the right time to buy back again to gain some profit and it's and opportunity for me

In your opinion, what will happen next in the crypto sphere? Will Luna recover?

yes because many people still believe in the project also the project itself is good nice to invest now before it recovers huge opportunity for me

What is your price prediction for Terra ($LUNA) in 3rd Quarter 2022?

50 dollars

article avatarAleksander D.

Entrepreneur, crypto investor, programmer

What is your opinion about the Luna crash?

Terra crashed because of their UST peg algorithm fault as it's imperfect . UST is stablecoin of Terra ecosystem which is pegged by a math algorythm in order to balance it's supply and demand and keep the rate as 1 UST = 1$. LUNA is used as collateral for UST’s peg in this algorithm. So, LUNA is burning to mint more UST when UST value increases and users sell LUNA for UST, or it's going vice versa if UST value decreases. Because of a market situation within last some months, the LUNA circulation supply was permanently growing to maintain this balance, but more of Luna supply means reducing it's price. Then a sudden large dump by a whale provoked a panic sale, the algorithm was unable to maintain the balance at time, and the panic was growing like a chain reaction up to the price crash to zero.

Did the Luna value crash has affected you in any way? Please elaborate.

Yes, i was holding some LUNA, UST and some Terra tokens. My Terra portfolio went about 98% down. It's sad, but fortunately the total amount was not so significant. I can afford to lose it.

In your opinion, what will happen next in the crypto sphere? Will Luna recover?

As a LUNA holder, i still have a hope for it's recover , of course. But also other fact add me a hope.Terra is a large ecosystem, it includes many useful projects with a real usecase, many people have invested a lot of money & efforts, and don't want just lose&forget at once. And now all of them have a challenge what to do the next, how to save Terra and their own investments, projects, etc. A such large&talented community is able to find a right solution, i believe.

What is your price prediction for Terra ($LUNA) in 3rd Quarter 2022?

Let's be realistic. I hope for LUNA recover, but it will take much longer while after a such big crash. So, i think that LUNA will not go higher than $1 -$2 until Q3

article avatarAwal nugraha Nugraha

Nice

What is your opinion about the Luna crash?

Thank for reward to me, i hope to next event will the best, i apreciatif for your event, thanks you very much for reward to me........ Thanks thanks..

Did the Luna value crash has affected you in any way? Please elaborate.

I have luna crash long life for development apps.. i hope it will be a very dancing event...................................................

In your opinion, what will happen next in the crypto sphere? Will Luna recover?

So far so good,, Even batter for the events held ,.........................................................................................

What is your price prediction for Terra ($LUNA) in 3rd Quarter 2022?

100

article avatarferi septi dani

hello word

What is your opinion about the Luna crash?

correct the problem so that the developer is not ready for the sequel, the developer should have prepared it before the correction so that it doesn't list

Did the Luna value crash has affected you in any way? Please elaborate.

with luna crash, nothing got on my crypto so i don't think much about it, now the status of luna is threatened with deetlist from all crypto markets

In your opinion, what will happen next in the crypto sphere? Will Luna recover?

I think Luna can recover if the developer prepares for Luna's future projects so that Luna can dump again so she won't be out of the crypto market

What is your price prediction for Terra ($LUNA) in 3rd Quarter 2022?

50$

article avatarHanif Kuncoro

Sugenkkun

What is your opinion about the Luna crash?

Terra's downfall could be with a large-scale sell-off of LUNA tokens due to a reported “de-peg” of the algorithmic stable coin, This sell-off must also be exacerbated by the market which is already in a very slow bearish mode,” Anshul Dhir, COO and Co-founder of EasyFi Network told Financial Express Online.

Did the Luna value crash has affected you in any way? Please elaborate.

yes of course i affect me, with luna crash, i have lost some of my assets, and it's not a small amount, maybe not only me even the whole world also feel what i feel

In your opinion, what will happen next in the crypto sphere? Will Luna recover?

In my opinion, if Luna will not recover, because the supply continues to increase, if there is a limit it may be possible to recover, hopefully in the future it will be possible to recover.

What is your price prediction for Terra ($LUNA) in 3rd Quarter 2022?

Maybe 0.1$

article avatarHaris Bahruddin Alfaisal

Trader, investor, holder

What is your opinion about the Luna crash?

This is so simple, every crypto always can crash, but some will be scam, and some will be recovery , this is why figure developer is needed for handle, and how much community confidence with luna project, i see in Luna developer can handle and community is solid, Soo to comeback is possible 👍

Did the Luna value crash has affected you in any way? Please elaborate.

Yes, I'm new in Lunatic and 4 day i get crushed my invest in Luna, luckily I Hold other coin for backup, and some usdt for prepared more bad

In your opinion, what will happen next in the crypto sphere? Will Luna recover?

Yes, i see luna Developer move now for recovery , and crypto atmosphere will be back to normal or more than good like increase and new altcoin Ath

What is your price prediction for Terra ($LUNA) in 3rd Quarter 2022?

Luna crash Is Soo fast than imagine i see a long big candle in chart, that is opportunity how Luna climbing back to 1$ in shortime, 10$ in 2/3 month and grow up step by step

article avatarRoviee Dean

Crypto lover, NFT Enthusiast

What is your opinion about the Luna crash?

Luna crash has exposed core vulnerability of the crypto industry. It goes to show that crypto currency is actually regulated contrary to the general perception that it was deregulated. Luna crash is a case of coordinated exploitation of inherent lapses in the project contract.

Did the Luna value crash has affected you in any way? Please elaborate.

The bulk of my assets is in Luna. As I indicated in the first response, I am a Luna staker. I have suffered a huge loss as a result of the crash. I initially did not know what was happening till I began to get calls from friends asking to know how I was coping. When I checked my assets and had to console myself. I was aware of the risks inherent in crypto currency but this crash was never expected.

In your opinion, what will happen next in the crypto sphere? Will Luna recover?

From all indications, Luna may not recover. The numerous loopholes in the contract has been exposed and are clearly irreparable. Contract migration could be the only way out.

What is your price prediction for Terra ($LUNA) in 3rd Quarter 2022?

$0.00000001

article avatarOjiaku Uchechukwu

Just black guy with interest on profitable ideas

What is your opinion about the Luna crash?

Well the crash has affected so many people including my friends badly. Selling their btc reserve wasn't a good idea because it made a huge impact on the value making lose the peg value of their dollar

Did the Luna value crash has affected you in any way? Please elaborate.

It didn't actually bt it affected my friends and family some of my friends having up to a thousand dollars now having just 0.1 dollar that's was so bad

In your opinion, what will happen next in the crypto sphere? Will Luna recover?

From my side there is little or no assurance bt hearing and seeing the fact that GAMI wants to negotiate with terra to help support it's Luna stablecoin Planning to invest the sum btw $2million - $3million dollars to absorb excess supply of UST. Let's just hope and pray

What is your price prediction for Terra ($LUNA) in 3rd Quarter 2022?

0.01

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.

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