đĄ A Reminder of Crypto Risks: The Terra$LUNA Collapse â ïž
If youâve been in the crypto space for a while, youâll likely remember the Terra Luna case. At its peak, $LUNA was among the top 10 coins by market capitalization.
đ What Happened?
In May 2022, LUNA suffered a catastrophic 99% crash, plummeting from $119 to almost $0âand most of this drop happened within hours. The event sent shockwaves through the entire crypto market, with even Bitcoin($BTC ) reacting to the turmoil.
â ïž A Word of Caution:
The Terra Luna collapse serves as a stark reminder of the inherent risks in crypto investments. Always do your research, stay cautious, and never invest more than you can afford to lose.
