Quote from: tvplus006 on May 14, 2022, 09:44:46 AM

Quote from: BlaBlaGame.io on May 14, 2022, 09:14:32 AM

Will see. Yesterday I read the info that a few crypto funds are going to provide a loan to Luna so that they could restore the price of their coin. Donno if this a fake or not.

What do you think, with such an issue, which is more than 6 trillion coins, is it really possible to restore the price to at least $1? After all, in this case, the capitalization of Luna will be more than $6 trillion, while the capitalization of bitcoin is now $500 billion.

I would doubt that it would be done that way, it will probably have a ton of buyback and burning in order to keep it alive. I believe that the max it could ever reach was like 20-50 billion range even at the peak, now it's not even there.

So, what should they do? Just use all they have, and I mean literally everything they have and throw at it buying UST and Luna and just burn it as soon as they buy it, which would make the supply limited. I am not saying that it would be easy, it will be quite difficult and even if they do this, they may end up with people who are selling and they may never recover but they need to at least give it a try to see what happens.