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TopgOptions
May 24, 2022 11:52 AM

LUNA consolidation areaΒ Long

Terra / TetherKuCoin

Description

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For those of you thinking LUNA will reach $1, you need to know that this is impossible!
At this price, $0.0001648, LUNA has a mk cap of 1.07Bil, which is still pretty high compared to its current fundamentals.
The highest valuation that LUNA had was $40+ Billion at its peak.
So the best case scenario, FOMO included, is for LUNA to reach 0.006592.

Looking forward to read your opinion about it.


Comments
bloktopian
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my opinion? From all the top coins is the only that was rug pulled so hard,its nearly to zero , and i question my self what would you do if you are a whale ,buy the bottom right?This is what happened here what do you think started the rally at first place and didn't stay at zero?Massive Massive Buys.
I always expect the unexpected so yeah 1$ can happen, waiting patiently for good news they Will come, imagine the pump and FOMO.You want crazy stuff?Yes we might see the most amazing thing in crypto,the collapse and rebirth of a coin,imagine Luna again at $$$ digits.Who believed bitcoin would hit that highs anyway?
Legoo
Donya6868
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Go to moonπŸ‘πŸ»
MightyHotdog
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Thanks for sharing. Why do you say it will reach 0.006592$ at best? What's your basis?
TopgOptions
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@MightyHotdog, the market capitalization. at 0.006592 would be 44Bil.
JCLARK87
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@CryptoFundManager @CryptoFundManager Burn πŸ”₯ 🀷🏻 Possible
TheKitchenTrader
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@JCLARK87, Yes and we can also see a scenario where a tax is implemented to create money for the burn. I believe Binance may already be pitching this.
litonbairagee00
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Luna sure 1$ will be this year
manshouricoinex
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@litonbairagee00 so how about market cap?
litonbairagee00
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We wish
excaliberxstudios
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alot of coins are getting burned tho. idk yet how its gonna play out but it can go with some luck to 0.01 or 0.001 at the most over time and who knows how it will go, maybe someone will save it or maybe another coin comes with airdrop from luna...either way he fcked alot of ppl and those will get some sort of compensation i think with a coin pump or something
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