Two years ago this week, Terra's native token, LUNA, suffered a catastrophic drop in value, plunging from a high of $119 to just $1. This dramatic decline sent shockwaves through the cryptocurrency market, resulting in substantial losses for investors and sparking concerns about the Terra network's stability.

The abrupt collapse prompted extensive analysis and debate among investors and analysts, who sought to understand the underlying causes and implications. The impact on the Terra ecosystem and its subsequent recovery efforts have been hotly debated topics within the crypto community.

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