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Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: James Anderson on January 19, 2024, 11:29:02 AM

Title: Will LUNC be able to reclaim its ATH?
Post by: James Anderson on January 19, 2024, 11:29:02 AM
The May 2022 crash may have shaken LUNC, but the community's resilience and the ongoing development within the Terra Classic ecosystem could fuel a comeback narrative. what do you think that Lunc has the potential to reclaim its ATH position?
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: SamReomo on January 19, 2024, 11:36:29 AM
what do you think that Lunc has the potential to reclaim its ATH position?
No, it can't reach its ATH again even in 20 years from now, the reason is the very huge supply of it. It was very low in supply when it reached its ATH but now its supply is very high and unless most of the supply doesn't get burned, it's not possible for this coin to reach its ATH ever again.

I know a huge community still supports this coin, some of them think that 1% burning in trading fees is the only way to make this coin reach $1 or even $10 in value while others think that 1% burn alone couldn't push this coin very much and the solution they share is the repegging of UST.
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: bhadz on January 19, 2024, 11:49:01 AM
Bro, to think of going back to ATH is impossible. Even we will say that everything is possible on this market. With LUNC having a lot of supply and also came from that debacle, it is not going to happen even if we go through several ATHs.
I guess that even going to $1 is very unlikely so if you have got loads of it, do not hope for the best but you can still trase it if you want to.
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: Jamal Aezaz on January 19, 2024, 11:52:50 AM
The May 2022 crash may have shaken LUNC, but the community's resilience and the ongoing development within the Terra Classic ecosystem could fuel a comeback narrative. what do you think that Lunc has the potential to reclaim its ATH position?
I really like how the LUNC community stuck together in tough times. their hard work and support toward the LUNC project even when the official team behind that almost abandoned that.
LUNC at the moment is completely relying on the community and every developers who working on it are almost volunteers..
but even with all these supports and enthusiasm of the LUNC community and contribution from Big exchanges in Token burn. I don't see any possiblity for LUNCH to reach to it's all time high.
All time high price was $119 and Now Lunc is trading at $0.0001128 . reaching to that price mark is really unrealistic for now.
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: Charles-Tim on January 19, 2024, 12:25:51 PM
The May 2022 crash may have shaken LUNC, but the community's resilience and the ongoing development within the Terra Classic ecosystem could fuel a comeback narrative. what do you think that Lunc has the potential to reclaim its ATH position?
Did you buy the coin and fall victim of Do Kwon scam? That is one of the risky aspect of altcoins. Just see them as gambling. If you buy an altcoin and make money from it, it is better to just convert to bitcoin or fiat. I said bitcoin because bitcoin will reach all-time-high certainly. It has reached all-time-high several times. With what the price of lunc is right now, it is not going all-time-high, but you can gamble with it and if you make money, sell it instead of waiting for all-time-high that will never come.
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: taufik123 on January 19, 2024, 03:57:09 PM
Still not sure LUNC can achieve ATH again, because the community is also let down by Dev thieves and the LUNA ecosystem is no longer in demand.
Only some of them persist and continue to hope.

I am not a LUNC holder, but it would seem impossible if there is no good development of LUNC internals and the image as the top coin has also disappeared and only their good name has also been lost.
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: jeraldskie11 on January 19, 2024, 04:11:56 PM
Technically speaking, Lunc has a chance of flying because its price has grown significantly in the fourth quarter of 2023, indicating that it cannot be considered a dead coin. However, despite the fact that many people were scared to invest in this coin due to previous negative incidents, I urge doing so now. There is nothing to lose if you make a small investment and then sell it for a profit.
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: Faisal2202 on January 19, 2024, 08:56:15 PM
The May 2022 crash may have shaken LUNC, but the community's resilience and the ongoing development within the Terra Classic ecosystem could fuel a comeback narrative. what do you think that Lunc has the potential to reclaim its ATH position?
Nah, I don't think LUNC has any chance to break its ATH ever again, I mean check the digits to cross ATH LUNC has to make 107% million pump as the current price of LUNC is around $0.0001112 and the ATH is around $119, and tell me did you ever see that much pump in any coin in any of the halving events? I don't think there is a single token that would make that much pump. (Please correct me if my calculations are wrong). TBH I don't even think LUNC can make to $1 even in this bull run.

Do you really think it can make that much pump in this bull run? I don't think it is possible. But it is crypto anything can happen who knows if it can pump that much? Even in the extreme adoption of LUNC specifically, it might not pump that much but as I said its crypto so finger are crosses here.
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: Captain Corporate on January 19, 2024, 09:40:42 PM
I mean if it was a stock, company could do better and you would see that on their financial statements and they would probably get back to being a powerful company that has a high share price. However, in the crypto world, when something loses the trust people have for them, no matter what they do, it will never come back at all. I am not saying they won't try their best, I am not even trying to say they are doing badly, all I am saying right now would be just the fact that no matter how great they could possibly do, it will never work because they lost the trust people had for them. After that, nothing corrects a project back to ATH again.
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: Dr.Bitcoin_Strange on January 19, 2024, 10:02:44 PM
The question I have been meaning to ask is, "Will Luna ever be able to gain the trust of investors again as before?" We all know that the crash of the Luna project financially crippled some investors; as a matter of fact, there was an investor who got arrested for going to knock on the door of the Luna CEO. So many things played out during that time, and it seriously broke the hearts of many investors that their money was gone.

Right now, I cannot tell if LUNC can be able to gain an ATH because I doubt that people will trust to invest in the project as much as they did in the past.
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: DAMKAR on January 20, 2024, 01:56:47 AM
The question I have been meaning to ask is, "Will Luna ever be able to gain the trust of investors again as before?" We all know that the crash of the Luna project financially crippled some investors; as a matter of fact, there was an investor who got arrested for going to knock on the door of the Luna CEO. So many things played out during that time, and it seriously broke the hearts of many investors that their money was gone.

Right now, I cannot tell if LUNC can be able to gain an ATH because I doubt that people will trust to invest in the project as much as they did in the past.

Yeah, You're right.
I think Luna is bad experience at the past.
I don't believe there are investors will trust with their team and their projects.
I don't LUNC will touch ATH, better their team have to build the trust of investors go back to invest in their project.
But I think It will need a long time.
Cracked glass is not easy to repair..
Let's see..
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: Google+ on January 20, 2024, 07:37:05 AM
The question I have been meaning to ask is, "Will Luna ever be able to gain the trust of investors again as before?" We all know that the crash of the Luna project financially crippled some investors; as a matter of fact, there was an investor who got arrested for going to knock on the door of the Luna CEO. So many things played out during that time, and it seriously broke the hearts of many investors that their money was gone.

Right now, I cannot tell if LUNC can be able to gain an ATH because I doubt that people will trust to invest in the project as much as they did in the past.

Yeah, You're right.
I think Luna is bad experience at the past.
I don't believe there are investors will trust with their team and their projects.
I don't LUNC will touch ATH, better their team have to build the trust of investors go back to invest in their project.
But I think It will need a long time.
Cracked glass is not easy to repair..
Let's see..
Rebuilding trust in a project, especially after challenges, can indeed take time. Transparency, clear communication, and consistent progress are crucial elements in restoring confidence among investors. Like you mentioned, mending trust is akin to repairing cracked glass – a delicate process that requires patience.

Observing the project's developments and how the team addresses issues will provide insights into their commitment and efforts. Long-term success often hinges on a combination of technological advancements, community support, and the team's ability to navigate challenges.

As an investor, staying informed about the project's updates and progress can help you make informed decisions based on the evolving situation. Keep a watchful eye on how the team works towards rebuilding trust and their overall project trajectory.
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: Dr.Bitcoin_Strange on January 20, 2024, 08:36:21 PM
The question I have been meaning to ask is, "Will Luna ever be able to gain the trust of investors again as before?" We all know that the crash of the Luna project financially crippled some investors; as a matter of fact, there was an investor who got arrested for going to knock on the door of the Luna CEO. So many things played out during that time, and it seriously broke the hearts of many investors that their money was gone.

Right now, I cannot tell if LUNC can be able to gain an ATH because I doubt that people will trust to invest in the project as much as they did in the past.

Yeah, You're right.
I think Luna is bad experience at the past.
I don't believe there are investors will trust with their team and their projects.
I don't LUNC will touch ATH, better their team have to build the trust of investors go back to invest in their project.
But I think It will need a long time.
Cracked glass is not easy to repair..
Let's see..

Yeah, it definitely will take time to gain as many investors as they did in the first coin, which is why I don't think that this bull market will really have a great impact on the price of LUNC. There are still a few tokens in the market with FOMO around them, and many investors are already buying those tokens. LUNC is not among those few coins, so I think there is no chance for it have any much price surge in these bull season.
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: Hamza2424 on January 20, 2024, 09:49:31 PM
The May 2022 crash may have shaken LUNC, but the community's resilience and the ongoing development within the Terra Classic ecosystem could fuel a comeback narrative. what do you think that Lunc has the potential to reclaim its ATH position?
In this world, in your dreams. Maybe in some other world in this realm of multiverse.  ;) ;) Just kidding about multiverse, but in this life I don't think LUNC can ever make it to $10 or $20, in the most case it might touch $1 but that's also very rare. But it is crypto market, and anything can happen here. If it can go from $114 to $0.000X then it can also go up the same way.

But reaching ATH seems impossible, as there are a lot of zeros to remove from this target and for LUNC it seems impossible. A good development might drive it toward that target but without it, this bull run won't be enough for it.
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: yhiaali3 on January 21, 2024, 05:43:06 AM
Do not expect LUNC to return to its historical peak again, after all that has happened LUNC has lost the trust of the community and I do not expect them to be able to return even with continued burning and support.

Luna has become a thing of the past and it is difficult to gain the trust of the community again. Investing large amounts of Luna in the long term I think is useless, so the best way to benefit from it is through quick speculation.

But in the end, all predictions are possible, and no one can read the future with 100% accuracy.
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: ajiz138 on January 21, 2024, 11:27:01 PM
As others have said LUNC will not return to ATH the owner has been arrested there is no meaning for this coin they only rely on the community while the ecosystem has been paralyzed and not much interest anymore.

You don't put your hopes on this shitcoin unless you invest a little with the aim of just gambling and hoping for a boom even if it's not ATH, believe me that this shitcoin is still far from good from other altcoins many investors have been disappointed they lost so much after falling 99.9% meaning many investors don't look anymore.

I don't know how the ecosystem is developing now? He said it had started to be abandoned.
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: MrSpasybo on January 22, 2024, 04:04:12 PM
The May 2022 crash may have shaken LUNC, but the community's resilience and the ongoing development within the Terra Classic ecosystem could fuel a comeback narrative. what do you think that Lunc has the potential to reclaim its ATH position?
Hope I understand you correctly, LUNC, and not LUNA because LUNA was discontinued after the collapse of UST.
Currently we no longer hear any positive information about the development of the Terra ecosystem and I think that not many users have faith in its Dapps anymore. Devs also left Terra to go to Cosmos or Polygon, there seems to be no chance for Terra to return anymore.

However, LUNC is also a financial product, meaning it can be inflated to create new ATH in this bullrun. Its ATH is only 0.00077, so I think the chance for LUNC to x7 and return is still there. But reaching LUNA's ATH is almost impossible, unless Market Maker wants to do something crazy.

(https://www.tradingview.com/x/BsgQLWC8/)
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: Mr. Magkaisa on January 28, 2024, 05:31:34 AM
As others have said LUNC will not return to ATH the owner has been arrested there is no meaning for this coin they only rely on the community while the ecosystem has been paralyzed and not much interest anymore.

You don't put your hopes on this shitcoin unless you invest a little with the aim of just gambling and hoping for a boom even if it's not ATH, believe me that this shitcoin is still far from good from other altcoins many investors have been disappointed they lost so much after falling 99.9% meaning many investors don't look anymore.

I don't know how the ecosystem is developing now? He said it had started to be abandoned.

       -   After these events in Ftx and many community investors being cheated or rushed, it is very difficult for LUC to return to the former ATH, to be honest. It seems that the previous speed will not be repeated. The risk is too big if you believe in it.

But anyway, since what happens in the market is unpredictable, we still don't know if it can rise again, but the chances are high that when it happens, it will be for sure because of manipulation, not in an organic way that lifts people...
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: Hamza2424 on January 31, 2024, 03:32:34 PM
The May 2022 crash may have shaken LUNC, but the community's resilience and the ongoing development within the Terra Classic ecosystem could fuel a comeback narrative. what do you think that Lunc has the potential to reclaim its ATH position?

Hmm, Not a very old topic anyway the project is dead and the ATH requires a positive community and strong narrative with a hype wave. At the same time if you consider these ideal conditions seems like none of them is suitable for the LUNC in future.

I always recommend people to stay out of such projects because it always sounds unrealiable.
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: LogitechMouse on January 31, 2024, 03:41:25 PM
Let's bring up some numbers here, shall we?

What's the ATH for LUNC? $119.18 based on Coingecko.
What's the total supply of it currently? 6,811,895,497,537 based on Coingecko, and take note that it now has an unlimited supply like DOGE.
Multiply the current supply and the ATH, the result will be $811,841,705,396,459.7

800 trillion? Even Bitcoin can't even reach that price. I guess that simple calculation will answer your question of whether it will reach it again or not. Also, I bring up DOGE because, for me, that coin is a meme coin. It's a shitcoin that has been used to scam investors. Projects like this are the ones that we investors must avoid but surprisingly, the project is still alive and it still has a trading volume. Well, the current price of it is almost the same as those meme coins out there. Lots of 0s. :D
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: SamReomo on January 31, 2024, 05:41:06 PM
800 trillion? Even Bitcoin can't even reach that price. I guess that simple calculation will answer your question of whether it will reach it again or not.
I think your calculations are right and I won't question them, but there is something in that coin which is known a burning and if it gets executed carefully then the coin can reach high values even if its total marketcap doesn't reach $800 Trillion.

Binance and some other exchanges have put 1% burning for all of the trades of that coin which take place on that platform and that's the reason why most of the investors still hope that one day that coin may reach some good values.

I don't really like that coin myself but it has a huge community and all those members of the community hope that one day the coin will gain some value. Let's avoid other things and keep it simple, if the burning happens on daily to weekly basis and the trading volume gets higher than there's a chance of revival of that disasterous coin.
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: gunhell16 on February 01, 2024, 11:45:50 AM
The May 2022 crash may have shaken LUNC, but the community's resilience and the ongoing development within the Terra Classic ecosystem could fuel a comeback narrative. what do you think that Lunc has the potential to reclaim its ATH position?

Whatever ATH has reached, I think it will be difficult for them to get it back because of the damage that happened last year, to be honest. I'm just wondering if there are traders who still venture to buy there; maybe they think it will return to its previous ATH.

Maybe the others are still gambling because what they have in mind is that even if it reaches only 1/4 of its ATH before, it will still make a profit, so there are still buyers.
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: pacar_tiri on February 09, 2024, 04:12:43 PM
Whatever ATH has reached, I think it will be difficult for them to get it back because of the damage that happened last year, to be honest. I'm just wondering if there are traders who still venture to buy there; maybe they think it will return to its previous ATH.

Maybe the others are still gambling because what they have in mind is that even if it reaches only 1/4 of its ATH before, it will still make a profit, so there are still buyers.
In cryptocurrency price movements, nothing is impossible, because so far everything can happen. What you do is just need to get the opportunity for cryptocurrency to rise again because if you can't control your patience, it will be very difficult to achieve your profit goals in cryptocurrency.
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: Mr. Magkaisa on February 09, 2024, 08:03:05 PM
As others have said LUNC will not return to ATH the owner has been arrested there is no meaning for this coin they only rely on the community while the ecosystem has been paralyzed and not much interest anymore.

You don't put your hopes on this shitcoin unless you invest a little with the aim of just gambling and hoping for a boom even if it's not ATH, believe me that this shitcoin is still far from good from other altcoins many investors have been disappointed they lost so much after falling 99.9% meaning many investors don't look anymore.

I don't know how the ecosystem is developing now? He said it had started to be abandoned.

         -   I agree with the other thing you mentioned, where someone else invests there just to gamble their money in Lunc, which may be in their mind, "Maybe the price value of Lunc will rise again." Those are the things that some investors do.

Those kinds of coins should not be enjoyed anymore; so many other traders or investors don't think properly. That's not what a trader should do in reality.
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: milewilda on February 09, 2024, 11:02:41 PM
As others have said LUNC will not return to ATH the owner has been arrested there is no meaning for this coin they only rely on the community while the ecosystem has been paralyzed and not much interest anymore.

You don't put your hopes on this shitcoin unless you invest a little with the aim of just gambling and hoping for a boom even if it's not ATH, believe me that this shitcoin is still far from good from other altcoins many investors have been disappointed they lost so much after falling 99.9% meaning many investors don't look anymore.

I don't know how the ecosystem is developing now? He said it had started to be abandoned.

         -   I agree with the other thing you mentioned, where someone else invests there just to gamble their money in Lunc, which may be in their mind, "Maybe the price value of Lunc will rise again." Those are the things that some investors do.

Those kinds of coins should not be enjoyed anymore; so many other traders or investors don't think properly. That's not what a trader should do in reality.
As long the project does have volume
As long there are people who had been holding
As long its been traded on exchange platform

Then there would really be those possibilities that it might be still have that chance on getting pumped up but i would be highly believing that it would
be that favoring that much its movement with fundamentals. We've seen that Do Kwon isnt on the good state and Terra labs about bankruptcy
on which no matter what angle we do see its not a good news at all.
Title: Re: Will LUNC be able to reclaim its ATH?
Post by: debra on February 09, 2024, 11:11:49 PM
In cryptocurrency price movements, nothing is impossible, because so far everything can happen. What you do is just need to get the opportunity for cryptocurrency to rise again because if you can't control your patience, it will be very difficult to achieve your profit goals in cryptocurrency.
Indeed. Anything can happen, but it is still for realistic case. If you expect the LUNC to reach again its ATH $119, it seems impossible. Because the current price of LUNC is only around $0.0001114, I never dream to expect it reaches ATH again. It is even very difficult to increase $1, it needs something to boost the price. So to see it again at the ATH, it is unlikely to happen, mate.