Yep, this is insane
But unfortunately there are many people out there who believe a tremendous recovery will occur during the Bull market.
They were lulled by tweets in the name of the Lunc community which were all made up. Nostradamik verbal
If there any pump it will be big dump. No body will support Terra again.
I guess the reason some people are still investing until this day is due to the fact that they thought in the future luna could somehow got back up again, frankly speaking, its entirely different with ftx case if anyone is concerned that luna is the same as ftx, its just different with ftx there's possibility of bailing out and also recently the ftx has proposed reimbursement towards many of the victim with luna, the founder just straight up scamming and this USTC is just straight up a product of failure that shouldn't even exist anymore but it seemed some people out there are so eager to keep this coin from disappearing therefore the many investors that thinks this coin could somehow peg itself to $1 again (impossible right there)
even luna is climbing up because some random people just like to try reviving some scam coin, in my opinion this just prove that some people just outright disregard the well being of the coin they invested, not knowing fundamental just throwing away their money.