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RE: TerraLuna (LUNA) Price: "It was all good just a week ago"

in LeoFinance • 3 years ago

There was a big argument on CT between one of the traders, who said Luna could head back to $10, and the founder of Luna, who disagreed.

I do think that the use of Luna in backing UST makes it more volatile. I keep wanting to build a model to work out exactly how much more volatile, and at what points the whole thing breaks down, but I never find the time.

3 years ago in LeoFinance by
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     3 years ago  

    Lol there is no way Luna can be back to $10, if you understand the relation between the UST and Luna.
    UST is basically poised to keep growing at a pace between the USD inflation and Crypto Market Cap grow, so... Yeah, you can tell I'm bullish.

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       3 years ago  

      Hmmm...I'd love to see that model if you do make it. I can't decide if the UST thing makes this a sure fire winner that will join SOL and BNB in market cap or if it all comes crumbling apart.

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