Post
Topic
Board Altcoin Discussion
Re: Will Terra (LUNA) recover some time in the future?
by
erep
on 26/05/2022, 10:02:55 UTC
Little to no chance, only miracle could revive Luna back, the only thing that's holding on to where Luna has been priced right now is only those people who believed Luna will bounce back to $1 so they could Lambo all the way when it happens. However, with 6.5 Trillion supply that's close to impossible for a comeback even with $0.50.
Many people realize that supply has increased by 6.5 Trillion so it is very doubtful that an increase of $ 1 even $ 0.1 is impossible, but maybe in Luna v2 it will touch $ 1 because of lower supply and distribution of vesting for pre and pre attack Luna holders.