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 $UST. And He Hangs tight On His Words.”
He added on Wednesday: “I understand the last 72 hours have been extremely tough on all of you – know that I am resolved to work with every one of you to weather this crisis, and we will build our way out of this.
How one coin will recover which fully failed and token price fall from 100$ to 0.00008. People lost so much in this project. Many people staked USTC to get high APR on stable coin which turned to be a big loss. now how people will again trust on this project with same person. I don't believe that Luna will recover at this stage, even if they recover, fear of losing will be still there so I think it's better it choose other coin.