#LUNA

### **Why hasn't #LUNA reached its historical peak?**

1. **Collapse of Terra (UST & LUNA) in 2022**

- Lost trust after the collapse of **UST** (the associated stablecoin).

- The price of **LUNA Classic (LUNC)** dropped from **$120+ to less than $0.01**.

2. **Re-launch of the project as 'Terra 2.0' (the new LUNA)**

- Did not fully regain investor trust.

- Strong competition from other **Layer 1** projects (like Solana, Ethereum).

3. **Regulatory issues and legal risks**

- Investigation of **Do Kwon** (the founder) for financial fraud.

- Trading of **LUNA** banned on some exchanges.

4. **Lack of adoption and development compared to before**

- Decreased trading volume and projects built on Terra.

- Developers shifting to other networks.

### **Can LUNA rise again?**

- **Very difficult** due to bad reputation and fierce competition.

- Needs **radical reforms + institutional adoption + new trust**.

🚨 **Summary**: **LUNA is not like before**, and investors prefer safer projects.

*(This is a general analysis and not investment advice)*.