One Click Crypto
Published in

One Click Crypto

How Did AI Respond To The Terra (LUNA) Meltdown?

Case Study of AI trading bots versus Terra (LUNA) during the May, 2022 crypto crash.

“Luna will hit $1 before UST” was one of the most shared tweets.

A huge blow to industry confidence

The depegging of UST. Source OKX

Regulators took the bait.

AI Trading Bots’ Response To LUNA

A trading bot that traded a LUNA pair for over four months. Source: OBC app.
Trade history of one of the AI bots that fell under the LUNA apocalypse. Source OBC app.
Screenshot of daily strategy return vs LUNA return during May 14 — May 15, 2022. Source: OBC app
Another feedback from one of the users about the stop-loss feature.

Can (Un)stable Coins Crash The Market?

Experts’ opinions

The good things from the situation:

Concerns about retail investors




Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store