Quote from: Abiky on Today at 11:58:00 AM

Terra (LUNA)'s been going downhill at a very fast pace ever since UST lost its peg a few days ago. It went from its ATH of $120 to just $0 in a few days.

There is difference between going and gone, Luna decreased to $0.000005 if truly it has gone 100x back because its price now at $0.00025

Quote from: Abiky on Today at 11:58:00 AM

Right now, the cryptocurrency is struggling to reach $0.01 as investors continue to sell it like crazy. Supply is increasing at a very fast pace, as the team tries every effort possible to help restore UST's peg. Given how low Terra has fallen, I wonder if investors will gain back confidence in the project sometime in the future? Crypto is highly risky so either LUNA dies or rises from the ground up.

That is where they got it wrong, it is UST that matters, it would have been better if the they did not even go for a stable coin in the first place. Investors are after coins that is not stable, they should work on Luna.

Quote from: Abiky on Today at 11:58:00 AM

What do you think? Are there hopes for LUNA to recover some time in the future? If not, why? Is it a great idea to buy the dip now? Your input will be greatly appreciated. Thanks in advance.

Maybe and maybe not, altcoins are gambling.