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.
The level of risk that Terra Luna Classic will pose may be a problem, you can see how bad they have been in the past, maybe some whales start to manipulate so that the pumping occurs. But something to be afraid of, when they have hit the sales target, then they will throw away the ownership and that's when the next mess happens, I think it's not good, when it starts to trust them again, but the market reaction is still showing a relatively side