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

price: 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 avatarLia Juana

Never DM You First

What is your opinion about the Luna crash?

Real talk from a lunatic to others, with love. If $luna dips under $10, we're likely to see $1 luna before $1 ust. There's not much anyone can do. There's $200m+ of liquidations in front of us under $10 and not many visible bids on exchanges. This is a sad day. LUNA Is Big Scammer For 2022 Don't entry on #LUNA or u will lose , be careful always use free funds Its Not Financial Advice

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

Yes , of course LOL 😂 i have some $LUNA ON Delegate , is bad news for Delegaters , how many Dollar have ready lose for this moment ? Loss So many millions of dollars lost instantly, this is a blatant money laundering that is clearly detrimental to everyone!

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

This is very bad and heartbreaking news in the crypto world definitely not! why? Yes, CEO Founder Do Kwon is very irresponsible for this incident, of course, investors are very hesitant to return profits, of course the price will be played by some mafia

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

Under 0.1 cent

article avatarOsita O Victory

A young crypto enthusiast

What is your opinion about the Luna crash?

This is actually looking like a mismanagement of funds from the team, they went ahead to sell a large amount of Their UST without having any backing for the pegged value of their UST. This made them mint more Luna and Luna price kept going down. People lost money, not just from Luna but also all coin in the network lost almost 95% of their value.

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

Yes, I had a lot of Luna based coin such as the Loop, loopr, TNS, halo, STT, and many more and they were all dragged to the mud. My UST WHICH WAS MEANT TO BE VALUED AT 100$ WAS NOW VALUED AT 11$

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

This is a case of 50/50 as the GAM holding has made an offer to support Luna with the sum of $2B to $3B and also the total supply of Luna will be burned down to 1B.

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

1$ to 6$

article avatarAnatolii Yuziuk

Crypto holder, NFT creator

What is your opinion about the Luna crash?

The creators of Luna made a mistake in managing their project and now the coin is not attractive. There was a big hype. I will not trust Terra Luna.

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

Yes, I had Luna mounts staking on Binance. I had to take them out ahead of schedule. The price of the coin is very low. I'm sorry for the money spent.

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

I don't think the coin will recover. Since major exchanges such as Binance closed many projects on Luna. It will be difficult to regain their trust, and even more so the trust of people. Let them arrange free distribution (faucet) Luna.

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

1 Luna = 0.001 uah

article avatarFerry Setiana

Advertiser

What is your opinion about the Luna crash?

In my opinion: LUNA was deliberatery sacrificed to cover UST 's losses. It's ver sad because many people lost their money. Including me lost a lot of money in Stake LUNA .

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

Very influential because I lost a lot of money. I stake 188k LUNA in 30 Days lock. Value $188k now it's worthless. Work just $9 and non- tradeable. LUNA Delisting in many market.

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

In my opinion about the future of Crypto. If the Central Bank raises interest rates, many people will choose to invest in deposito or buy and selling securities so that it has an impact on Crypto price. Maybe big players will sell their asset so that Crypto price will decrease sharply. I hope LUNA can rise up like DAO did in 2016.

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

Maybe $0.1 I hope LUNA price in $1

article avatarEhsan Abdollahzadeh

Digital Marketing at Ehsanam

What is your opinion about the Luna crash?

Luna was a top crypto project with a large market cap coniser as a blue chip for alot of investors and I was so optimistic about the project and based on the chart in could explode upside any time buy unfortunately it went the opposite shaply which surprised crypto investors and traders!

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

Yes, I was in a 20x long on that time at the price around $89 which it was keep going down sharply and I added more Luna to the position 4-5 times in order to have better price entry, but unfortunately finally gave up closing the position at the price of $36 with around 90% loss and started shorting it at the price of around $8 which went the oposite again and I lost the rest of my portfolio. So the lesson for me out if this was I shouldn't be optimistic about any project that much which avoid me to not having stop loss even if the project be so puplar and with large market.

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

Crypto is still in the early stages and there would be a lot going on in the future, however I believe for Luna it may takes a bit more time to recover back.

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

Around $6-$10

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 avatarGabriel Oyeyemi

Cool guy

What is your opinion about the Luna crash?

Of course the coin has potential to recover but it comes at a time of uncertainty in the market. There is currently a general downturn for cryptocurrency with many coins losing a quarter of their value as investors appear to be moving towards safer investments amid the current financial market.

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

Luna was impacted because it's the underlying [backer] of the UST. So every time a UST [token] is bought, a Luna [token] is burnt, which means there's less tokens in supply, so the Luna price goes up.

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

Of course the coin has potential to recover but it comes at a time of uncertainty in the market. There is currently a general downturn for cryptocurrency with many coins losing a quarter of their value as investors appear to be moving towards safer investments amid the current financial market.

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

Terra LUNA was one of the best-performing cryptocurrencies in early 2022 – with its popularity growing significantly. This has resulted in Terra LUNA becoming a top-15 cryptocurrency in terms of market capitalization.

article avatarM Djaliel Muthallib

Left-handed

What is your opinion about the Luna crash?

It's painful for me because I'm and my friend are investing on that but in the end when we think that's the right choice it's eventually get dropped

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

Yes. me and my friend have invested a lot in LUNA tokens but bad things happened by experiencing a very drastic price drop from the first time we bought the token

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

I don't know, I'm not too sure about the LUNA Token will recover after experiencing a very drastic price decline. but I hope there will be a coin that can cover my losses when I invest it in LUNA coins

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

i hope the LUNA coin will rise to the price of $5

article avatarAdi Supriadi

Nothing

What is your opinion about the Luna crash?

I think developer luna is playing in this case.. like a tie mouse.. but he doesn't understand about all the investors who invested in Luna. Dont buy Luna Again

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

actually i was not very interested in luna when the price of luna continued to drop 2 days ago, because luna couldn't recover the ust price.. but i was able to buy at the cheapest price and managed to get a profit.

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

Seeing Luna's incident, it was very difficult to return to the previous price, because most people no longer trusted the project, so it was very difficult to return to its former glory.

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

$0.1

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

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