What’s Wrong with LUNA?
Should We Fall for this LUNA FUD?
If you had invested in LUNA in February 2021, you would have known that LUNA at $3 was an expensive coin for the majority of cryptocurrency investors.
No one was interested in buying LUNA except for the few LUNAtics like myself who knew the potential of this hidden gem.
Why weren’t the majority of investors interested?
Well, everyone’s attention was focused on the following debates:
- Who’s the real Ethereum Killer? Cardano or Polkadot?
- Which is better for cross-border payments? Ripple or Stellar?
- Which Bitcoin fork is better than Bitcoin? Bitcoin Cash or Litecoin?
And obviously, DOGE was sticking its head in and out of the top 10.
Fast Forward to February 2022, all those debates have lost steam except for DOGE- still trying to fit in the top 10 with its same old promise of reaching $1 in the indefinite future.
All those investors who were pocket-deep into ADA, DOT, XRP, XLM, BCH and LTC are not doing so well.
Whatever gains were made in 2021 were wiped off and now their prices are more or less around the same level.
