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

project: 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 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 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 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 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

article avatarmuhammad zaki

Gogogo

What is your opinion about the Luna crash?

The Terra ecosystem has adopted UST as a stablecoin, leading to the interlinking of LUNA and UST. A stablecoin is linked to an underlying asset, such as precious metal such as gold, or the US dollar. UST has recently ‘de-pegged’ to $0.45 from its value of $1. This marked a drop of about 55 percent. Since both UST and LUNA are interlinked, the massive drop in UST value has resulted in LUNA’s overall drop. As per CoinDesk, Terra’s market cap now stands at under $1 billion ($994.17 million at the time of writing). This is in stark contrast to its all-time high market cap of around $25 billion. For now, investors can only wait for the market to progressively stabilise to help recover from the losses.

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

for me.. there doesn't seem to be a serious effect.. because I'm not a Luna holder.. but for others it seems to be very effective for people who hold lots of luna coins

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

The coin has the potential to recover, but at present things are extremely uncertain. Do Kwon, founder of Terra creator Terraform Labs, tweeted on Tuesday: “Close to announcing a recovery plan for $UST. Hang tight.” He added on Wednesday: “I understand the last 72 hours have been extremely tough on all of you – know that I am resolved to work with every one of you to weather this crisis, and we will build our way out of this. “The Terra ecosystem is one of the most vibrant in the crypto industry, with hundreds of passionate teams building category defining applications within… Terra’s return to form will be a sight to behold.” Investing advice site Investing Cube has speculated there is a “good chance” the cryptocurrency could recover. Analyst Kelvin Maina wrote: “For Luna to recover, they will need to address the problem and show clearly that such a drop will not happen again. As an analyst, I expect to see a bump in Luna prices after UST is pegged back to the dollar. I also expect the prices to start recovering after the Terra project shows that similar problems will not happen in the future.” Members of Luna’s devoted subreddit have been lamenting their losses on Reddit. A subreddit is a subsidiary thread or category within the Reddit website. “I lost over $450,000, I cannot pay the bank,” one wrote, while others have mentioned potentially losing their homes.

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

Maybe it Will be . 0.05-1$

article avatarezha fericko yudhian

slice n dice

What is your opinion about the Luna crash?

no system is perfect. there's always someone that want to destroy the invension, but all that happened to $luna was tragedy, they felt by their own system. vulnerable system

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

not in directly. we all know that LFG sold btc to try get back ust to $1 again then btc rally to down and make all others alts jumping down

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

no hope about that. they already lose the trust from the investors. this will always be a reminder everytime the same developers create New project

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

whut? u crazy? absolutely 0

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 avatarDC airdrops

dyor

What is your opinion about the Luna crash?

I think the luna crash was caused by very unpredictable coin inflation. The large number of coins printed in a short period of time causes the price to drop. that's not very good. I also think it was done by dev luna to cover liquid ust. but, sadly that didn't happen. I can only guess, that dev luna had planned long before. but that's just my opinion, I'm not accusing dev luna of fraud. It is just. prevention can be done if the project is really moving in the right corridor. Basically this is the dev's fault.

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

of course. this greatly affects everyone, maybe not so affected by luna. but the fact is, after the crash ended and luna 'died' the market turned green again.

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

could happen, but this is a good lesson for all of us. for the problem of luna getting back up, I think it's very difficult. because the supply of luna is becoming so much. it's like shitcoin. except 'maybe' if dev luna wants to burn luna 80% san add back liquid, it can be. but it's hard. trust in the project has been lost. bottom line it is very difficult and almost impossible.

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

that's a tough question. because Luna is considered dead.

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

Experience Experty at its fullest

Join to unleash the power of crypto wisdom and never feel FOMO again.

Sign up