Post
Topic
Board Altcoin Discussion
Re: Will LUNA be recovered ever?
by
pilosopotasyo
on 15/05/2022, 03:57:18 UTC
LUNA went to ZERO, causing inflation. What is going to happen next? Is there any chance it will rise again in the near future?

Binance has successfully done it, next other big exchanges are working hard to get the coin out of their trading eco system.

Binance has just temporarily suspended Luna trading to protect the traders from a free falling coin, but once people became aware of what's going on, they eventually resumed it. Though some other exchanges are delisting it, some few others are resuming as well. There were still people who are actually buying it. I myself even thought Luna would die down immediately, but no I guess they're trying to revive the project back. A lot of people are actually FOMOing right now lol

This is one coin and situation where you need to dig deep before you invest, this made a disruption in the market and it will have a long term effect, there's an existing proposal to fork the Luna and there's a proposal to have a burning mechanism, either way, there will be casualties, either from the past or the present investors or both so invest at your own risk and money that you can afford to lose because you will likely lose here.