Luna kept about $3.5b in their LFG. If the team wanted to gain back confidence from their investors, they will use this fund to buy back those printed Luna and burn them. Of course this won't bringback the price before it collapsed but it will showthat they are not letting Luna off the hook.

Will the LUNA Crypto Recover? What Analysts Are Saying About the Future of Terra

As Terra(LUNA-USD) prices continue dropping, investors might be convinced this is the end of the LUN
Will the LUNA Crypto Recover? What Analysts Are Saying About the Future of Terra

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
  • fuddie
    ·2022-05-15
    Where did you get your information and why is it so clear
    Reply
    Report
  • zingie
    ·2022-05-15
    Can't you make it a little clearer
    Reply
    Report
  • chikki
    ·2022-05-15
    I own the stock, I hope so, just like you said
    Reply
    Report