this is not that luna its a new they had scammed many trader
Jannat ji
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The Rise and Fall of Terra (LUNA): A Journey of $119 Glory to $0.00001 Collapse š
In one of the most dramatic chapters in crypto history, Terra ($LUNA
) climbed to an all-time high of $119 before crashing to near-zero at $0.00001 in May 2022. The collapse erased billions in market value and left investors worldwide reeling. Hereās the story of LUNAās meteoric rise, historic crash, and its transformation into Luna Classic (LUNC).
š LUNAās Meteoric Rise
1ļøā£ The Vision: Founded by Do Kwon and Terra Labs, Terra aimed to revolutionize payments through algorithmic stablecoins. LUNA was pivotal in maintaining the peg of its stablecoin, UST (TerraUSD).
2ļøā£ Rapid Growth: By 2022, Terraās ecosystem attracted billions in Total Value Locked (TVL), with LUNA hitting $119 in April. Strong adoption and integration with DeFi platforms placed LUNA among the top 10 cryptocurrencies by market cap.
3ļøā£ Investor Confidence: The crypto world hailed Terra as a groundbreaking project, attracting both institutional and retail investors alike.
š„ The Catastrophic Collapse
š» Algorithmic Flaw: USTās $1 peg relied on a burn-and-mint mechanism with LUNA. When UST depegged due to massive withdrawals, this mechanism minted excessive LUNA, leading to hyperinflation.
š» Death Spiral: LUNAās supply surged from 350 million to over 6 trillion, causing its value to plummet to near-zero.
š» Investor Panic: The collapse wiped out over $60 billion in market value within days, devastating countless investors and shaking the crypto industry.
š The Aftermath: Luna Classic ($LUNC)
1ļøā£ Rebranding: After the collapse, Terra forked its blockchain. The original chain became Terra Classic (LUNC), while a new Terra 2.0 emerged with the token LUNA.
2ļøā£ Community Rebuilding: The Terra Classic community initiated token burn campaigns to reduce LUNCās massive supply and restore some value.
3ļøā£ Market Impact: The crash raised red flags about algorithmic stablecoins and unsustainable tokenomics, leading to increased scrutiny across the crypto world.
š Key Stats from the Collapse
All-Time High (LUNA): $119 (April 2022)
Lowest Price: $0.00001 during the collapse
UST Depegging: Fell from $1 to $0.03
Market Value Lost: Over $60 billion
š® Lessons for Crypto Investors
1ļøā£ Algorithmic Risks: The failure of UST highlighted the fragility of algorithmic stablecoins without sufficient collateral.
2ļøā£ Diversify Investments: Never overexpose yourself to a single asset, especially in volatile markets.
3ļøā£ Trust Collateralized Assets: Stablecoins like USDC and DAI gained traction for their collateral-backed stability.
š„ Whatās Next for LUNC?
Luna Classic remains a speculative asset. While its community is working on reducing supply and rebuilding trust, the Terra collapse stands as a cautionary tale for investors.
Are you holding LUNC? Share your story and thoughts on the future of T erra Classic!
You know that market cap is very important for a coin so we should buy coin with lower market cap becuz when it grow big we can make profit. You also know that bullrun is coming towards that's why I would recommend you buy TRX , Pol , ARB , DOGE , ID , LUNA , ZK , DOGS , NOT , these are the coin with own blockchain that's why it has 95% to give us profit 10x. So, what are you waiting for!! Buy! Buy! Buy!
like follow for more suggestions @Crypto Market-BD $BTC $NOT $ZK $Pol $TRX
Crypto investment involves buying and holding cryptocurrencies like Bitcoin, Ethereum, or altcoins to potentially earn profits as their value increases. It can be lucrative but carries high risks due to market volatility. Key points to consider:
1. Research: Understand the market, projects, and coins you're investing in.
2. Diversification: Don't put all your funds into one asset.
3. Risk Management: Only invest what you can afford to lose.
4. Wallets: Use secure wallets to store your cryptocurrencies.
5. Regulation: Be aware of legal and tax implications in your region.
Crypto is highly speculative; success requires knowledge, patience, and risk tolerance. #BTC #CryptoMarketBD
Where to invest for upcoming BullRUN?? here is some optionš There are Notcoin,Zk,Doge,Arb,Dogs,Meme,Pol,Luna,ID etc How and how much??
Investment in crypto so risky and without risk you can't grow but we've to bare in mind that so much greediness and excitement can harm our earning so be patient. So, to save yourself from unwanted loss you should maintain this steps like : " 1) Not all money in one crypto, donāt get panic if it goes down,if you that so afraid you can sell 20-25% not all so that when it rise you can cover the loss with higher profit.
2) Divide your investment in multiple cryptos. 3) Check your crypto X(Twitter) trends, hipe,market cap, Total supply, Max supply. 4) is that a blockchain or meme like coin.
(Note:ā ļø I would say if you invest any blockchain owned token if you lose your 50% of your investment and donāt sell your asset you'll be recovered soon because Blockchain always come with new project-coin on their blockchain for example "SUI,TON,SOLANA,Core,BNB, i saw them grow much faster from 0-700$ biggest example is our crypto king $BTC almost 2years difference it jump 20k-99600$! On the other hand Memecoin much more Risk than btc,ton,solana so you should just invest your little or that money of you lost it wont hurt you.
For 500$+ investment if you have 500$ you should divided your liquidity(Money) into 5 project 100$ each project and you should check your assets price start with (0.2230-0.5679$) or ((0.5-1$) limitations becuz š š“ Hire price less profit ā Less price hire investment hire profit āļø š“
For 50-200$ investment:
if you have this amount of money you should invest 5 project with the price (0.00098-0.6$) if can invest here i hope you can make some money daily.
ā ļøā ļøMake sure that you sell your asset in time with 2-5x profit dont crave for more money you know what i mean!!!
Six months ago i just bought some SHIBA INU about 400k with 5$ just for fun buttt in six months it's #Pump by 60% !! Thats crazy bro!! Now Its standing on 0.0(4)2569$ I bought it when it was maybe 0.0(4)12$. How did I make profit and how did you can? Investing!!! If you do invest big you'llĀ be returned bigĀ same as if lose you gonna loss big. Thats why i'll suggest you to invest somewhere small i mean memecoin like BTT,Shib,Dogs,Doge,Not,Shitcoin etc. If you invest small amount you can buy huge
Many people invest 100$ to get a nice airdrop but they just 2.7k $MEMEFI token in return . Everyone would agree with me that Memefi make money more than $HMSTER taking direct money from their user otherside though hamster scam but they didnt take any mone except gas fee actually hamster didnt scam us! We didnt work properly or too many people and some of their fault was occurs for their machanism . After that so many airdrop came to field but didnt pay like RockyRabit Cats Tomarket . We should STOPš«ā making " Ton Transaction " or On chain transaction as a task because they are now taking and making their bag heavy and making us Fooly Poorā ļø. So boycott " Ton Transaction task" included project except Telegram Direct supported project like " Notcoin ,Not pixel, Dogs " āāBOYCOTTāā just pay gas fee. #CryptoMarketBD
Assalamu Alaikum!! I just want to reminds you About $Blum! Donāt forget to Check Blum daily zzZzz!! Itās gonna shake #CryptoMarket . Blum supporter: ā¢ Durov ā¢ Ton ā¢ Dogs ā¢ Binance
HOW TO MAKE FREE MONEY ON CRYPTO. What should you do with $DOGS Hold or Sell?? Let me help with your confusion that what would you do with $DOGS SELL or HOLD or BUY?? First of all, itās a meme like coin we can say a meme coin so what happen with meme coin? Actually, when you claim meme coin from airdrop free you want to sell all of them, everyone want to sell so that the price falling down and there also some people who are big brained šand they buy it for that price jump like monkeys and get it mountain then again some sell and make profit from what they bought; and itās going on all life till the end. Buy Sell makes coin stability.
What should you do? If you get this $DOGS for free then you can SELL this now at the best price 0.0013300$ something. That should be yours Profit without any investment. Then, when everyone start selling price will so lower and and now It's time to but somešš¤š. After that, hold tight wait few hour or a day itās jump again then #Sell all the dogs. Doing that you can make free profit by 20-25% from #DOGS or any AIRDROP coins. ā ļøRemember, It's very very risky; sometimes meme coins start dumping so badly if you invest that time worth of 1000$ more or less you can lose to 10-100$ or jumped to 1500$ but dumping is the fact so be aware investing in meme coin rather then stable coin like TON,BTC,BNB,SOLANA; those are likely safe than meme coin. But always try to keep a backup line or option if you lose you all money so that you can recover that. Hope it will help you. I don't know.
No durov No dog everyone start sharing let bring justice for durov. If #Durov loses we'll lose our #freedomofspeech free free #PavelDurov $TON prices drowning to the bottom It's time to buy a bag of $TON $NOT also . Hurry up grab some have some. #CryptoMarketBD
Everyone likes $DOGS so do I. I hope $DOGS will cross $Notcoin . Also It's supported by Telegram & $TON blockchain and $TON is a newborn baby blockchain;everyone using it,so every $TON supported meme coin will be a good trading sector for all,upcoming days. #CryptoMarketBD
$SHIB Inu is on Fire Now,upcoming days it will #Gold Hoping price stuck atš 0.00012$ everyone you can stake $SHIB Inu. What do you think,mm? Let me know!! #CryptoMarketBD