As Usual, The coin has the potential to recover, but at present things are extremely uncertain.
Because, Founder of Terra creator Terraform Labs, tweeted on Tuesday: “Close to announcing a recovery plan for $UST. And He Hangs tight On His Words.”
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.
Recover and gain their price or even close to it? I don't think so, we are talking about money here, will you trust a bank where you deposit $1 million and when it files for bankruptcy you only got $100k in return in the case of Luna it's even worse.
They may attract new investors because it's become a speculative asset but these investors are ready to dump the coins anytime
it's hard to build a community with Luna because of what happened and what happened to them is a reminder to always check the mechanism of the coin you're investing in, they are noW a bad part of Cryptocurrency history.