So first of, Imu is not trying out here. I know he is on a time limit and honestly idk why he is acting like this, but the most recent chapter has shown me bro is not taking any of this seriously. He spent like 3 chapters toying with Loki when he could've ended the fight, he has been daydreaming and getting unnecessarily hit by Loki and Luffy and has been telling Loki bedtime stories about the Void Century when he is supposed to be fighting. If he was really serious about that time limit, he would've one shot Loki immediately he pulled up then gone to Luffy and killed him asw while he was eating. Does this look like a guy who is locked in to you? I dont think so.

Second off, until the next chapter comes out and we actually see Luffy vs Imu, I dont think we can say Luffy > Loki. Cause if we're being honest, neither of them have done ANYTHING to Imu at all. Yes, he has been bleeding but he was already bleeding as soon as he spawned in. He has never looked like he is in any sort of danger and he hasn't commented on or even made a hint that he has taken any sort of damage. Also, this isnt a downscale for Luffy or Loki. I mean they are literally fighting the strongest character to EVER live in One Piece. So idk why we should slander either of them for getting beat on by Imu.

Third, Loki has not yet shown his full power. I dont know how some people still dont know this but we were literally TOLD that the man wasn't gonna be the same for a few months by a Giant doctor. Oda has put that panel in there for a reason so dont tell me "Loki is drawn healed" or "One Piece characters heal in few minutes" cause if that was the case with Loki, that panel would not exist and he would just go on with his day normally after eaging some food. Not to mention the fact that he hasn't shown his Hybrid form yet.

Lastly, Ragnir is the GOAT. Only one not involved in the slander, and has cliffed all of Kuzans feats without even trying. The GOAT. 

Some things we gotta address about Loki, Luffy and Imu