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.
LUNA has lost 100% of its value, it now has SCAM status and investing now will be like playing the lottery. It's sad that such a once major project collapsed so quickly, like a house of cards. I would now see it as a kind of lucky investment, by buying $100 worth of tokens, like a meme-coin investor sometimes does with the hope that there will be steep growth.
This project can only recover with a complete overhaul of tokenomics, the pegging system, minting, and other mechanisms. If the developers can recycle all that and present a good product, more secure and sustainable, maybe LUNA will rise from the ashes. In the meantime, it is one big disappointment.