Post
Topic
Board Altcoin Discussion
Re: Do Anyone Think Luna Will Recover?
by
Freddie Boyer
on 26/04/2023, 09:21:25 UTC
As Usual, The coin has the potential to recover, but at present things are extremely uncertain.

Because, Founder of Terra creator Terraform Labs, tweeted on Tuesday: “Close to announcing a recovery plan for $UST. And He Hangs tight On His Words.”

He added on Wednesday: “I understand the last 72 hours have been extremely tough on all of you – know that I am resolved to work with every one of you to weather this crisis, and we will build our way out of this.

I think, it is possible that the market may change in its favor in the future. However, it is important to maintain a diversified portfolio and not rely too much on a single asset. Abaout The question of whether Luna will ever recover is a tricky one. On the one hand, the founder of Terraform Labs has indicated that a UST stablecoin recovery plan is coming soon, which could help stabilize the Luna ecosystem. However, the specifics of this plan are not yet known, and there is still a lot of uncertainty surrounding the situation.