Buying the UST dip?

So as many of you are aware, the (previously) third largest stablecoin by market cap known as UST has been under heavy pressure recently.

Associated with the crypto known as LUNA, it became wildly popular due to the Defi protocol known as Anchor Protocol. It plays an integral part in the LUNA tokenomics by helping to mitigate the supply.

When UST is minted, an equivalent value of LUNA is burned. However, in an instance where UST is being sold in massive quantities, it spells doom for the supply and price of LUNA.

So recently, UST has lost its peg to the US dollar. The Luna Foundation has tried to maintain peg, but their efforts so far have been in vain.

UST is currently sitting at $.70. So would it be a good idea to load up on UST while it is sitting this low, to make a nice +30% when it returns to a dollar peg?