Tempting Price - LUNA looks to Gain New Ground, but can it?

The old saying, "Once bitten, twice shy." tends to ring true with projects like LUNA, but will LUNA melt faces for a second time?

As an avid investor, it would be hard to charm me into the LUNA spirit again. I tried it, liked it, and dumped it before the great downfall of LUNA took place. Like I did with SHIBA and many others. Get in, get out, done.

• (Tip me in Ethereum, Binance Smart Chain, AVA or Polygon at 0xE2CF47E4974484A021A72D50e0A2FC7188E2aA38) or Terra Luna Classic: terra1nekdgz0sq68pyzlpgwsyleyv5ll6s44hcd866m

Anyone who has been in crypto for at least the last year should be all too familiar with LUNA. Familiar and wary. It did well in the markets for a while, and then like a goldfish swimming in molten lava, it evaporated. Ruining lives and destroying the legitimacy of LUNA, it took investors on a parabolic ride down the drain. The LUNAC chart below shows this fantastic crash and it happened at a breakneck speed! Going from 120 to -00000 in as much time as most tokens take to get listed.

Then comes LUNA2...

Should you invest?

That is the big question. Should you invest for the second time in LUNA?

That would depend on your perception and, ideally, your ability to weigh risks and take actions to thwart loss.

Take one of the best investors on Twitter. Bull BNB has been showing that his calls on LUNA are paying off, and he looks to make some money in the LUNA market.

He believes in LUNA and is risking quite a large sum to prove his point. 

Like many others in the markets, Bull believes that LUNA can recapture some significant value. This is based on a variety of research and leading experts that have looked at many projects that met almost the same fate as LUNA and have called its rebound likely to occur as the market strengthens. 

Although the market seems to have not affected the LUNA! While the market was tanking, LUNA investors were banking!

One could even compare LUNA to Ethereum's breakup. Ethereum Classic is still a tiny part of crypto, while Ethereum has been thriving over the years seeing great numbers and much controversy. Still nevertheless, it did well after the fork and continues to do well today. ETC is basically a speculative token now without much real value or uses coming into play, but still manages to pull numbers that beat projects with better tech. LUNA looks to be pulling an Ethereum type of rebound and could potentially pull it off.

LUNA's new and improved project launch is starting to melt faces and drive new adoption, and increases in price and value have been observed. Trading is strong and has seen significant numbers since the fork.

Can LUNA pull it off?

The truth is, it likely may. 

Whoa, huh, are you crazy?? Well, let us look at what we know.

#1 LUNA is doing well after the massive breakdown. Notice I said the word "well", not great, not fantastic, but well, and that could mean LUNA stands a chance to regain some better value as it continues to do what appears to be a rebound in the markets. Amazingly enough, LUNA seems to be doing that as we speak. Still, that doesn't exactly sell LUNA to investors. Moderate rebounds at best are not full recoveries and could once again fall back to even lower numbers.

The problem is that LUNA isn't falling back. It has seen a steady climb, better accumulation, and a widening gap between total failure and a remarkable comeback. LUNA seems to be regaining trust and committed investors who believe in LUNA's ability to rebound, regrow and recapture lost value and community interest.

#2 LUNA has always had strong backing from investors. Although missing during the fork, the rise and fall drove many investors to look at Terra as a thorn in blockchain buttocks. While some have seen a chance to prove everyone else wrong and have invested once again into LUNA as it sat at an all-time low. A smart move and a move that could pay off handsomely for investors willing to take the risk.

Our assessment is this:

A wise man once said, if you buy into a project, buy into the value, not the hype.

All hype aside, please forgive me, but if things I have researched told me that LUNA2 would be a bad investment, I would be the first to say so.

I think LUNA stands a good chance at seeing at least above 0.01USD in the coming weeks ahead. This isn't wishful thinking. It's logic and research. Yes, it is precarious and not for the faint of heart, but risks alone don't always mean turning and running in the other direction.

LUNA is an "Invest At Your Own Risk" token and could cause massive losses, but at the same time, it could make people millionaires if they play their cards right and LUNA doesn't fold under the market pressures. After all, we are in a BEAR market, and LUNA is a high-risk investment. You may lose your shirt and shoes should LUNA cascade in a downward spiral. You might also be able to buy a sailboat fleet if it should regain just 2% of its original value.

2% is relatively high, and I acknowledge that. The truth is, should LUNA regain 0.5% of its original value at its current price, there is a great chance to see massive returns. It is a risk you should evaluate yourself and DYOR into.

Taking this risk or passing on it is the bear season question of the year. While I could swing either way on LUNA, the chances of LUNA meeting some regained value isn't hard to imagine. Watching the charts seems to remind me of LUNA in its prime, except the low price, the volume is amazing to see coming into play.