"How does the fact that two years ago the LUNC coin was worth over $100, then dropped almost to zero, and is now attempting to revive, psychologically impact when people will begin to believe in it?"
I got a logical answer. The answer is the struggle of developers, community, and time towards the growth of this coin. Everyone is used to #BTC and #ETH. There is always a third place in any competition. #lunc will take third place.
:"The psychological aspect influences when people will start to believe in the possibility of LUNC coin's recovery after a significant price decline. Rebuilding trust typically depends on several factors:Fundamental changes: If the development team has made significant improvements to the project, solving the issues that led to the price drop, this can restore confidence.Objective market assessment: If analysts and experts speculate that the coin has the potential for recovery, it can inspire trust among investors.Community support: An active and dedicated community can help restore trust in the coin, as it may indicate that the coin has a stable foundation.Time: Rebuilding trust usually takes time as investors remain cautious after losing funds. Gradual price recovery and project stability over time can regain investors' confidence.Each investor has their own perspective, and the decision to believe in the revival of the LUNC coin will depend on their own research, risk tolerance, and confidence in the project."
