I don't think the Terra (LUNA) project will recover in the future. They have a plan for Luna 2.0 right now, as you know, but I don't think it will work. Many people suffered serious damage and the Luna team managed this process very badly.
If investors' confidence is lost, it'll be quite difficult to get things back on track. A re-branding would've been a much better choice, instead of creating a new blockchain with the same old name. Some people even recommended the LUNA team to burn existing tokens in order to restore the cryptocurrency's price on the market. This is all a disaster that will probably shift away people's attention from crypto into something else at least within a short amount of time.
What will happen in the future with LUNA is only a mystery. I'll be a miracle if Terra rises from the ground up after all it's been through. If it does, then demand for crypto will soar towards new heights. Just my thoughts
