Yup, and that trust is no longer with the people that have looked how good it was before. But today, not anymore.
It's completely a different situation right now and people are no longer willing to throw huge money on this. For pennies, that's what I'm seeing and that's an amount that everyone afford to lose and maybe they can hit jackpot but, they've already accepted that it's a loss for them.
It's over for Luna now, it's time to switch to other coins and start rebuilding our investment mentality, the events that happened with Luna are enough as an illustration, that going forward to start investing is no longer based on the ongoing hype, and even if it stays at Luna, not necessarily in the future will provide perfect returns, it is better to prepare investments in other potential coins
There will still be investors that would follow the hype, despite this series of dump with Luna and Ust. Still, there will be some of those that would be putting their trust in other projects that are likely as these two because they're not Luna and Ust.
The different of the investors that are aware of these projects that don't look good, they'll secure themselves buying bitcoin as their main priority investment before they throw hands to another project whether it will be good or bad.
Because different people's mindsets make investors continue to follow the hype, sometimes people's awareness of investing is not based on coins that have the strength to survive in the market, so they tend to follow the hype according to the market reaction, but as you said, investors who have realized this coin is no longer potential, they will switch to bitcoin or other potential coins, that's how people react and it really depends on how they behave with the investments they make