May 16
2 min read
What are the expectations for Terra LUNA after the CRASH from last days
At one point in April, Terra’s LUNA token was worth $100 per 1 LUNA, but that price has since dropped to virtually nothing. An algorithmic stablecoin called TerraUSD (UST), which was pegged to the US dollar, has lost its peg.
In the context of a major crypto market decline, Bitcoin’s price fell by more than 20%..
