LUNA went to ZERO, causing inflation. What is going to happen next? Is there any chance it will rise again in the near future?
It seems that the future of the Luna coin is not clear and the investment in it is still full of risks for those who want to buy it because more than one exchange platform has delisted it. As for me, I invested in it with a small amount on Binance, and the good thing is that Binance opened trading today for LUNA / BUSD & I am waiting for what will happen soon, maybe the price will improve a little, or I will be lucky if a miracle happens.
Binance supporting a failed cryptocurrency!
This really seems to be what the owners of the project are trying to do and it is clear that Binance exchange is working to support it in what he is trying to do. This support from Binance offers two obvious reasons:
1- The owners of the project are seeking to revive a failed project to escape the legal consequences, especially since security research has been launched by the authorities to determine the parties responsible for the incident.
2- Binance platform, at the latest, may be one of the biggest affected by the collapse, by losing part of the profits from trading on Luna, as well as Luna's tokens in its hot wallets, which have become worthless overnight.