What happened to LUNA?
The Blockchain Watchers
Over the last week, the price of a stablecoin called TerraUSD and its sister currency Luna fell by 99.9%, upsetting the broader crypto market, even the big boys like Bitcoin and Ethereum suffered significant losses. Terra Luna is currently practically useless. This has caused investors to become fearful, and even highly bullish crypto investors are suddenly panicking.
LUNA which was previously trading at $88 is now trading at $0.00018213.
Hello and welcome to The Blockchain Watchers. In today’s video, we will be looking at the Terra Saga, and we’ll also see if there’s any hope for the blockchain.
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