a personal opinion, no one can know or be completely sure what might happen with lunc, whether it will drop and die or if it will rise and reach 1 cent. the best thing is to be cautious.
0xWho
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$LUNC So no joke, people are constantly talking about an attack on Terra almost 3 years ago. I don't see it as an attack when investors, the billionaire investors, found out that USTC wasn't backed 1:1 and they then threw their masses into the open market or withdrew them from the anchor protocol. In my opinion, this is not an attack if you want to save your own investments. The real problem was what Do Kwon did with it afterwards. Instead of saving USTC with the masses of bitcoins, he disappeared and sold Luna during the spiral and further destroyed it. Then he used USTC again to catch Luna.
But his bitcoins were never used to save it. In the end, the alleged attackers only showed that Terra is not what it used to be 🤷🏽♂️ you can present it one way or another. The fact is, it could have been saved. Billions of dollars were there, but the greed for bitcoins destroyed it and turned it into a real scam. Everything that happened after that was the actual downfall of this chain. Why are so many people here now talking about it being an attack, this and that 🤦🏽♂️🤦🏽♂️🤦🏽♂️🤦🏽♂️🤦🏽♂️🤦🏽♂️
You're misreading the facts and jumping on the bandwagon. One person says something, and 50 people post the same crap one after the other.
Were affected investors already know all of this with ftx I don't know why people are still trying to bring up old facts before Do Kwon has his trial.