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2 Years Ago Today: Terra (LUNA) Lost 99.999% of Its Value — A Reminder of Risks Associated with Altcoins
Today is considered one of the darkest days in the history of the crypto assets market. Terra’s LUNA cryptocurrency started to collapse in the second week of May 2022, but by 15 May 2022, the coin had shed a whopping 99.999% of its value, going from $100 just a week prior to less than $0.002 by the end of the day.