Sad reality of LUNA

avatar

The live Terra price today is $0.017489 USD with a 24-hour trading volume of $5,708,147,765 USD. We update our LUNA to USD price in real-time. Terra is down 99.22% in the last 24 hours.

Terra Luna's ranking fell from the top 10 to #349 being the sweetheart of crypto the last couple of months reaching ATH of $120 fell to almost nothing.

Crazy thing is Crypto has always gone both ways. from a crypto worth only fractions of a penny to being worth 2 even 3 digits

I picked up some LUNA thinking, the big VC's backing UST will continue to sink money to keep the peg of UST, alas that is not what is happening, its sinking ever more.

I picked up a few coins at just under a $1 they rose to $1.14 waking up this morning and seeing a bit of green.. I open up my crypto.come wallet and damn.. LUNA at .01!! from last weeks $90.

Sad news, many have lost big money 💵 how can you not. if you where in Terra LUNA and kept at it, I commend you.. but turned out to be a mad move.

image.png

Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements.

From the man him self Coffezilla bringing down some facts*

1 month ATH and ATL all in a month

image.png



0
0
0.000
36 comments
avatar

This is a very sad story of Luna. Even Binance delist it.

I cannot imagine the state of mind of those who cannot handle hard situations.

I wish everyone who bought Luna the best. Luna was a sad story. Money lost can be regained

Cheers

0
0
0.000
avatar

Delist is temp since low liquidity of the mass buy/sells they need to refill.

Some are back up now.

Posted Using LeoFinance Beta

0
0
0.000
avatar

It is enormous. The price was $90 down to less than $0.01. I don't think even any altcoins has dipped like that !

0
0
0.000
avatar

That is what's commonly referred to as a Rectum Splitter..

0
0
0.000
avatar

bwhahaha i think this is hillarious.. how many terra luna people would now think bitcoin myk is a much better coin

i don't feel even a little sorry for them let em die with their greed trying to dodge the market hiding in a bullshit stable coin so they could return back to their devices.. nope not this time

Posted Using LeoFinance Beta

0
0
0.000
avatar

You can laugh but..LUNA still has a better price than BTCMYK by a couple decimals..

0
0
0.000
avatar

Those son of a guns.. give it another day.. and we'll be ahead of them.. they don't deserve to be ahead of us.. i told you all it was going to be consequences not using bitcoin myk and now the chickens have come home to roost

Posted Using LeoFinance Beta

0
0
0.000
avatar

pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 105 of my contest just started...you can now check the winners of the previous week!
10

0
0
0.000
avatar

I think this is a good case where it makes sense to have a number in mind you are okay getting out and doing that no matter what. Even if you think it can go higher.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Seeing what happened with Luna is such an eye opening on how volatile crypto market can be. Just when you thought things we're down to grab some token, it went even further.

Its sad to see people losing thousands of dollars in a very short Period of time.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Crypto is doing what was meant not to do.. follow the world economy.. Well covid hit and all the wallstreet boys and GME fanboys jumped on crypto pumped the price and ran when they saw -10% Feds, put the cherry on top.

Mass liquidation = Great reset

Posted Using LeoFinance Beta

0
0
0.000
avatar

We should forget about LUNA and make it a lesson for the future. The amplification of the beginning confused me, fortunately I didn't invest in it.

0
0
0.000
avatar

The powers that be will not let it die.

To much at stake . Let’s see what they get done.

But any model of profit is bound to create its own flaws, ghost in the machine.

Posted using LeoFinance Mobile

0
0
0.000
avatar

Currencies with prospects and major projects must be invested in. Unfortunately, many people were victims lost their efforts and money in less than a week.
LUNA was just a bubble and it exploded

0
0
0.000
avatar

I wasn't involved, fortunately, but still, I couldn't believe that was happening. Pretty crazy how a project can day in a matter of hours

Posted Using LeoFinance Beta

0
0
0.000
avatar

I saw the CoffeeZilla videos and I think LUNA ended up in a horrible state. I also think Do Kwon's arrogance probably had a play in why it failed too.

Posted Using LeoFinance Beta

0
0
0.000
avatar

What happened to LUNA has never happened with any other project - its kind of a lesson as well as history.

0
0
0.000
avatar

Sad times, when he markets create fear and uncertainty "cool" projects get dragged in the mud.

Posted Using LeoFinance Beta

0
0
0.000