OM Is it LUNA for this cycle? Lost over 6 billion US dollars within 30 minutes. LUNA's impact on future prices: Short term volatility: After the thunderstorm in 2022, the cryptocurrency market entered a bear market, and the Luna event was one of the important catalysts. The market sentiment remained sluggish until early 2023. Long term recovery: The market will gradually recover in 2023-2024, but the sluggish performance of Luna projects (with LUNC consistently below $0.0002 and LUNA fluctuating between $0.3-0.8) indicates that investors' trust in it is difficult to restore.