Hello this should be obviouse but there seem to be alot of people still buying Luna for some reason.

1. Dont look at Luna´s USD price, look at the marketcap.
Its currently again at 1,5B when it should be 0.
1.5B is 1/25 of the Luna marketcap when it was at 100$+…so “only” 25x in usd price would mean luna is back at ATH.

2. As soon UST redemption is enabled again the price will get stomped again as UST holders will convert into Luna and this will press price down to 0 again.

3. There´s still 11B USD “Debt” in form of UST waiting to get dumped in the form of Luna

In a metaphor to classical stocks buying into Luna rn would be equivalent of buying a company at 1.5B marketcap with 11B USD Debt…not a good deal.

DYOR and if you have questions about Luna feel free to ask as i think i have a good understanding of the matter.