Terra (LUNA) Tumbles 95% Weekly, What Does it Mean for Do Kwon’s Multi-Million Dollar Bet? - CryptoPotato

5/11/2022 12:00:00 AM3 yearsago
by Chayanika Deka
by Chayanika Deka
Months of price appreciation were wiped out in a matter of a few days. LUNA is down by more than 95% in less than a week. Does that mean Do Kwon will lose his million-dollar bet?
As Terra ecosystem’s UST stablecoin untethered over the weekend, LUNA slipped frantically as well, losing approximately 95% of its value. The efforts to rescue UST continue as LFG – the entity that … [+3144 chars]
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