If we talk about Luna coin, it is the only one that can return because compared to the rest it cannot break the dollar barrier, while Luna has exceeded $90 and has the possibility of returning. My expectations are from $3 to $7.

Luna Classic (LUNC), a Terra project coin, was originally used to support stablecoins pegged to the US dollar via special algorithms. However, in May 2022, the project faced a major collapse due to a failure in the stability of the UST stablecoin, which caused both coins (LUNA and UST) to lose a significant portion of their value, with LUNA depreciating by more than 99% and becoming a small token【8】【10】.

Reasons for the decline:

1. Algorithmic design failure: The UST stablecoin collapsed due to market pressures and unsustainable design.

2. Mismanagement: The project was heavily criticized for the manipulations of the executive team, led by Do Kwon, which led to a loss of investor confidence【8】.

3. General market pressure: The collapse coincided with declines in the cryptocurrency markets in general, which exacerbated the problem.

Rescue attempts:

Burning mechanism: About 100 billion LUNC coins were burned to reduce the supply and increase its value, supported by community efforts and platforms such as Binance【9】.

Terra 2.0 Launch: A new network has been created with LUNA 2.0 to restore market confidence, leaving the Terra Classic network independent of its community【8】.

Future of the coin:

Challenges: Despite efforts, LUNC is still struggling to regain investor confidence, with the effects of previous flaws still being felt.

Pros: If the burns continue and the network can develop new projects #LUNA✅ ,$LUNC