Sure! Here's a paraphrased version:

Those who have been involved in the crypto market for some time may recall the Terra Luna incident. At one point, the LUNA token was ranked among the top 10 cryptocurrencies by market capitalization. However, in May 2022, it experienced a dramatic 99% decline, plummeting from $119 to nearly $0, with most of the drop occurring within a few hours. This collapse had a ripple effect across the entire crypto market, even causing Bitcoin to react.

⚠️ Just a reminder of the risks associated with the crypto world.

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