Post
Topic
Board Altcoin Discussion
Re: is it possible UST recovered ?
by
Rasa nanas
on 09/06/2022, 23:26:33 UTC
A stable coin which was $1, now become turns into less than cents, so how could it make sense to expecting recovery? It won't possible cause supply increase 1000 times more and people already left ust with rest of their money. Some people take risk for trading due to it is pumping and dumping like others shitcoins but wise people will not use it. Besides Team Doesn't sound to have any intention about ust process. So no chance ust will recover.
the total supply of LUNA clasic has grown drastically and the price of LUNA clasic is also under 0.00 at the moment, so it's no wonder that most people treat this coin like a meme coin. not being able to keep the UST price at $1 was the team's biggest mistake and for now I just hope the price of the new LUNA continues to rise and provide a big return to cover the losses in the LUNA classic.