๐ฅ๐ฅ Why did LUNC drop from $119 to $0.00001 in one day? ๐ฑ
In 2022, Luna Classic (LUNC) experienced one of the most catastrophic crashes in crypto history. Hereโs what happened: ๐ Terra Ecosystem Collapse: Algorithmic stablecoin UST has lost its peg to the US dollar, triggering a death spiral. ๐ฅ Massive sell-offs, hyperinflation, and loss of investor confidence caused LUNC to drop from $119 to $0.00001 in just a few days.
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