Post
Topic
Board Altcoin Discussion
Re: Will Terra (LUNA) recover some time in the future?
by
Nivia1st
on 16/05/2022, 17:09:45 UTC

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. Smiley

hope is always there, because in the crypto space nothing is impossible. but I'm trying to be realistic here. my conclusion is, as long as UST is still around, luna will never be able to recover. because the mechanism of UST and luna are interconnected, so luna will be forced to return the UST peg. and this method proved unsuccessful, therefore UST had to be removed from the market for whatever reason. then luna can recover slowly with a record of burning coins periodically. but this method also has a lot of risks starting from the demands of UST holders, issues of investor confidence, and many more.