i agree, a run to pennies would be life-changing for any of the pre-collapse holders of LUNA, IF they had cash to average down, and certainly a huge win for those speculating after the drop, as well.
my main concern at this point is needing clarity on how a potential fork will affect tokens like WLUNA, and LUNA on the BSC chain.
from the link above, the BSC "wormhole" version has 275,792 wallets right now.
are all holders expected to go through some "migration" process on terra luna's site, or will they be airdropped the LUNC token, even if no additional steps are taken?
i scoured twitter, youtube, various other sources, and there's no information. zero.
we can't even be sure the fork plan will be approved, so this is all very murky and potentailly dicey.
but on the bright side, volume in LUNA's BUSD chain is still enormous. and some trades are so large, average retail doesn't appear to be the only segment of the market betting on a giant bounce from current levels.
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