Open Your Account Today!

Terra's UST and LUNA Collapse: How the Crisis Unfolded

TOP #1 Financial Expert will show you how to turn: $500 INTO $6,508 IN UNDER 1 TRADING WEEK.

CLICK BELOW OPEN YOUR ACCOUNT FREE & TAKE YOUR PHONE ALERT BY HAVING THE CHANCE TO RECEIVE A LIFE-CHANGING CALL TODAY.

TerraUSD (UST), an algorithmic stablecoin that is supposed to stay pegged to the dollar collapsed over 90% over one week. Terra’s LUNA token that was used to maintain UST’s peg spiraled to $0. The devastating effects of the crash was felt across the crypto markets and many everyday people lost millions in investments and savings. Here is how UST and LUNA’s demise unfolded on CoinDesk TV.

Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1

Site: https://www.coindesk.com
Twitter: https://www.twitter.com/coindesk
LinkedIn: https://www.linkedin.com/company/3104779/admin
Instagram: https://www.instagram.com/coindesk
Facebook: https://www.facebook.com/CoinDesk
Newsletters: https://www.coindesk.com/newsletters

CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP
Markets Daily crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE

CoinDesk is the leading digital media, events, and information services company for the crypto asset and blockchain technology community.

#CryptoNews

SHARE WITH YOUR FRIENDS