After the Crash: Can LUNC and USTC Losses Be Recovered So Quickly? 🌕📉

In a chat session on the X platform, Binance CEO CZ commented on a question about the future of LUNC, saying: "It may not be right to make everyone rich so quickly."

🗣️ This statement sparked controversy among investors, especially in light of the losses incurred by some after the collapse of LUNA and UST.

🔥 Investors' Demand: Burning as a Solution to Increase the Price:

After the major collapse, affected investors demanded measures such as burning coins to raise the value of LUNC and USTC and recoup their losses. But CZ pointed out another side of the story:

There are investors who suffered huge losses during the collapse:

On the other hand, there are those who took advantage of the opportunity and started buying LUNC and USTC at low prices after the collapse, hoping to make big profits.

📌 His comment highlights an important point: any moves to quickly raise prices could create huge gains for these new investors, which may seem unfair to those who have suffered significant losses.

LUNC Price Before and After the Crash:

Before the crash: LUNC was trading near $119, making it one of the most promising cryptocurrencies.

After the crash: Its value dropped sharply to just $0.00006, a shocking collapse that has left markets in a state of shock.

⚡ Lesson from CZ: His statement reflects the fact that the market does not work in a way that compensates everyone quickly, and that rebuilding trust takes time and thoughtful steps.