Post
Topic
Board Altcoin Discussion
Re: Terra Luna Classic pumping - can it last?
by
Cryptopher
on 05/09/2022, 23:52:14 UTC
Consider taking some profit on the way up, and hold some for further speculation.

I really don't see LUNC going anywhere near $0.01, certainly not $0.10. That would be a huge market cap, though one can hope.

As has been suggested already, this is most likely squeeze by whales based on the recent improvements to the network. At least you got in relatively low, so your risk should be largely mitigated, especially if you take some profit.

I am fairly new to crypto and in July I took a gamble on terra luna classic when it was 0.00009 and it is now pumping. Can someone explain why this is and what the chances of it lasting are?

I have been following it more closely over the last week as it has began getting more and more attention and apparently a lot is happening over the next few weeks which is driving the price up currently but not sure what it all means?

How realistic are the chances of it reaching $0.01 or $0.10 and how long will this take? Months or years?

I am not selling just yet but this is seeing the best returns I have had in crypto so far so may take out my investment soon and let the profit ride.