They're pumping cause there are a lot of people knew about Terra since its downfall. This makes it looks attractive and famous similar to doge coin or other meme coins. Very likely to boom in the future if the burning movement for LUNC is done right.
What’s attractive about LUNA? Its dumping price or what?
I don’t see any attractive reason to buy LUNA again, even they increase their burning system I think there’s still a trust issue with them. They are supposed to be a stable coin, but look at them now. I think this is just a whale playing in the market. Better to be careful than to say sorry again later on.
Since LUNA destroyed the trust of many investors, it seems to me that LUNA's future is over and will soon die. I also thought that there was
nothing interesting about LUNA, it was enough that I was disappointed by LUNA once, I would not think about trusting LUNA again. Besides,
I'm not sure that LUNA can restore investors trust. Moreover, there are many investors who have suffered huge losses due to the drastic decline
in LUNA prices in a short period of time. I am among those who recommend staying away from LUNA, it's too dangerous if we have too high hopes
for LUNA, there LUNA will disappoint us a second time. We have to remember that there are so many projects to choose from, why should we take
the risk of buying LUNA again, if there are other projects that are safer and more profitable.