Two years ago this week, Terra's native token, LUNA, experienced a catastrophic decline, dropping from its peak of $119 to just $1. This sudden collapse sent shockwaves through the cryptocurrency market, leading to significant financial losses for investors.
The dramatic fall of LUNA raised serious questions about the Terra network's reliability. Investors and analysts delved into the causes and implications of this crash, sparking extensive debate about the Terra ecosystem's impact and its subsequent recovery.
Join the discussion in the comments to explore more about this pivotal event and its lasting effects on the crypto world. 💬
