No doubt that Luna loses its credibility but I think crypto investors need to understand that choosing their gem based on hype, influencer recommendation, and dev team killer speech is never a good idea. Besides, if a project can barely survive since the year 2018 when it was developed and also in 2019 when its mainnet was officially launched.
Why would it do the magic now?
Did people trust the project because of BTC backed and accumulation, gosh investors need to wake up.