Post
Topic
Board Altcoin Discussion
Re: Will Terra (LUNA) recover some time in the future?
by
LogitechMouse
on 17/05/2022, 03:57:14 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
The question is "At what price will we ever say that LUNA has recovered?"
Because anybody can say "If it will reach 1 cent then it has recovered" and some will say "If it goes 10 cents then it will continue to go high therefore we can say that it has recovered from its recent downfall".

Right now its hard to know the future of LUNA but its just good to see the developers especially Do Kwon making some recovery plans to their project because if this happens to other project, there might be a chance that they will just abandon it and run away. On the other hand though, LUNA did their first step to their "recovery plan" and that is to make a fork which is now called "Terra Classic". I don't know TBH what will be the future outcome of this but CZ and Vitalik base on articles aren't like it.

Also, we already saw that they are doing some recovery plans but another question to their recovery is that "Will the investors come back and trust the project and invest to the project again?" because its hard to build the trust again knowing that many investors already lost their money just by investing in LUNA. I'll make myself updated with this LUNA and what they will be doing to recover.