LESSONS LEARNED? Luna Crashes to Earth Wiping Out Holders

Posted on 05/12/2022

Luna is the sister cryptocurrency of stablecoin TerraUSD. Luna has collapsed to nearly US$ 0. Unlike rival stablecoins Tether and USD Coin, UST is not backed by any real-world assets. Luna’s price went off a cliff from around US$ 85 a week ago to trade at around 3 cents on Thursday, according to data from…

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