Post
Topic
Board Altcoin Discussion
Re: Will Terra (LUNA) recover some time in the future?
by
whiteblue
on 20/05/2022, 13:49:47 UTC
You should understand that the value of Luna can never go back to $100. Even the price of $1 looks unrealistic, since at this price, the capitalization of Luna
will be more than $6 trillion. While the capitalization of the entire crypto market is now $1.2 trillion, and the capitalization of bitcoin is $570 billion.
It's not realistic anymore to reach the price of $1 because everyone already knows the max supply currently circulating, the position of price investors maintains before the snapshot, because if the voting will approve the proposal for the v2 luna coin then the Luna Classic coin may no longer be valuable.