Quote from: southerngentuk on Today at 01:32:45 AM

Quote from: crypto29oct on October 31, 2022, 01:38:32 PM

hope Luna, The bottom line is that even with the burns that LUNC and LUNA teams are working on,

Actually, it's not too complicated that today's market has too many options that bring profits as well as accept risks. I see many old cases that are still very good, and even new projects are gradually shaping the future of the market with trends.
Anyway, one person will have different views on them, just hope we all will always be sane enough in this market.

The creation of new ventures gives people more time to abandon unsuccessful previous initiatives. Nobody is interested in the initiative, which makes the Luna situation horrifying. Because it is an irrefutable reality of the market that once a project is thought to have a bright future, investors tend to invest significant capital in them in order to capture enormous profits at the end of the project, Luna was once a strong project that drew a lot of investors and traders. I believe that the project team overhyped Luna and failed to account for the coin's liquidity, which led to the coin's decline and eventual crash. The Luna case was bad, and it had a negative impact on the market since those who invested money in the project had to withdraw due to their heavy loss.