There is the classic terra drama and other assets that fell below 1$, as well as FTT among others that you know, returning to 1$ or more. Would that be possible?
"Bringing back investor confidence and making a cryptocurrency that has fallen below $1 worth that value again would be a significant challenge. The cryptocurrency team would need to show that they are taking measures to resolve the issues that led to the value drop. This could include changes in leadership, improvements to the cryptocurrency's protocol, new partnerships with other companies, and a marketing and advertising campaign to raise awareness about the cryptocurrency.
Additionally, the team would need to ensure the security and stability of the cryptocurrency, so that investors can trust in its ability to maintain value. This could include additional security measures such as code auditing and implementing scalability solutions to ensure the cryptocurrency can handle a large volume of transactions."
FTT and Lunc
Do you personally see these things mentioned above happen on FTT and Lunc? If your answer is positive, yes it could be worth 1$ or more again, considering that now LUNC also needs massive burns which however are being supported by renowned CEX.
On the other hand, FTT was something totally different from Lunc, and knowing this, many people have traded using FTT, but their confidence was shaken once and for all.
Remember: even if the team takes all these steps, there is no guarantee that the cryptocurrency will be worth $1 again. However, there is also no guarantee that this will not happen, as the market is unpredictable.
Taking that into consideration, would you invest in these crypto assets if you noticed significant changes in it? do your research