šŸ’” A Reminder of Crypto Risks: The Terra$LUNA Collapse āš ļø

If youā€™ve been in the crypto space for a while, youā€™ll likely remember the Terra Luna case. At its peak, $LUNA was among the top 10 coins by market capitalization.

šŸ“‰ What Happened?

In May 2022, LUNA suffered a catastrophic 99% crash, plummeting from $119 to almost $0ā€”and most of this drop happened within hours. The event sent shockwaves through the entire crypto market, with even Bitcoin($BTC ) reacting to the turmoil.

āš ļø 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.

#CryptoRisks #TerraLuna #InvestWisely #CryptoLessons