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Meanwhile, on the other hand, altcoins are quite different. Only the top altcoins can be trusted at least a little. And it also remains a high risk. We might remember how it was with that top coin LUNA. In fact, we didn't expect that Luna would actually go bankrupt and end up becoming a shit coin.
There will be no 100% confidence in the top coins, we also need to be vigilant, LUNA is indeed one of the real indicators of how the top coins can become a scam in just a few hours and this drags many other coins that end up also dumping.
Who owns LUNA that time suffered a lot of losses, even after the LUNA v2 snapshoot will also not return their money in full and More losses.
- What you say is true, mate, and many Luna holders have lost money, and their funds have been stuck here. Isn't that lunch now? If I check, that coin is still listed on most exchange site platforms. Maybe because somehow it still achieved the requirements quota in each exchange.
But, of course, don't expect it to return to its previous and original price in the market. Maybe even if it gets pumped, it won't really be like before because the hyped thing has really ended, and I also think it will be really difficult with the high expectations.
It's really impossible for a LUNA to came back to it's original price. LUNA is much stronger now than before where there's a low chance to get dump easily. The marketcap is still huge and this means LUNA still have big investors. But since they broke already the trust of their previous investors, it's hard for them to trust again that's why it can be one of the reason why it's impossible for the price to go back to it's original price. But I still hoping that someday that this coin is going to be huge again.
What will really happen there in LUNA? LUNC is now a massive pump that will be controlled by its whale investors or manipulators. Then it is also true that his daily volume is still high. And based on its price, the price is low, but the volume is still good somehow.
That means even if you buy only 20 dollars and if, in the upcoming bull run, it also rallies, even if it is only 1 dollar each, you can still make a lot of money when you buy. That's concept trading; as long as there are still many whale investors, there is still a fight that can be considered compared to the time when the Luna or Ftx issue was still fresh.