Cryptocurrency News

LUNA meltdown sparks theories and told-you-sos from crypto community

05/11/2022

Less than a minute

2022.05.11 21:01

LUNA meltdown sparks theories and told-you-sos from crypto community

No matter how hard your day is going, spare a thought for LUNA investors Wednesday. Do Kwon, CEO of Terraform Labs and 18th on Cointelegraph’s Top 100, has lost billions of dollars for their investors.

Do Kwon’s coins came crashing down as brainchild Terra (LUNA) sinks over 97% from highs, while the stablecoin TerraUSD (UST) fell 75% lower than its intended dollar parity. At one point, the LUNA price tread lower than UST.

05/11/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 104,841.09 2.57%

Ethereum (ETH) $ 3,883.82 2.45%

XRP (XRP) $ 2.48 6.52%

Tether (USDT) $ 1.00 0.02%

BNB (BNB) $ 717.94 1.45%

Solana (SOL) $ 216.58 4.65%

Dogecoin (DOGE) $ 0.386926 4.10%

USDC (USDC) $ 1.00 0.03%

Lido Staked Ether (STETH) $ 3,878.19 2.48%

Cardano (ADA) $ 1.04 5.16%

TRON (TRX) $ 0.274062 4.78%

Avalanche (AVAX) $ 46.60 6.31%

Chainlink (LINK) $ 27.70 1.17%

Wrapped stETH (WSTETH) $ 4,613.94 2.23%

Shiba Inu (SHIB) $ 0.000026 5.16%

the-open-network

Toncoin (TON) $ 5.72 4.69%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 104,420.98 2.41%

Sui (SUI) $ 4.68 0.31%

Stellar (XLM) $ 0.425663 5.29%

Polkadot (DOT) $ 8.31 5.48%

hedera-hashgraph

Hedera (HBAR) $ 0.304521 2.62%

WETH (WETH) $ 3,881.17 2.48%

Bitcoin Cash (BCH) $ 522.40 4.23%

Uniswap (UNI) $ 15.73 3.17%

Pepe (PEPE) $ 0.000021 7.30%

LEO Token (LEO) $ 9.64 0.24%

Litecoin (LTC) $ 115.84 10.40%

Hyperliquid (HYPE) $ 25.23 6.54%

NEAR Protocol (NEAR) $ 6.18 9.49%

Wrapped eETH (WEETH) $ 4,095.11 2.47%

Aptos (APT) $ 12.86 3.49%

Ethena USDe (USDE) $ 1.00 0.06%

Bitget Token (BGB) $ 4.24 11.13%

internet-computer

Internet Computer (ICP) $ 12.06 3.54%

Aave (AAVE) $ 373.38 1.88%

USDS (USDS) $ 0.999728 0.07%

crypto-com-chain

Cronos (CRO) $ 0.186727 5.82%

Ethereum Classic (ETC) $ 31.71 5.39%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.551255 6.04%

VeChain (VET) $ 0.054647 8.32%

Render (RENDER) $ 8.42 5.02%

Artificial Superintelligence Alliance (FET) $ 1.59 3.98%

Monero (XMR) $ 223.18 0.70%

Mantle (MNT) $ 1.18 3.73%

Arbitrum (ARB) $ 0.942336 4.54%

Bittensor (TAO) $ 531.14 1.34%

MANTRA (OM) $ 4.10 1.76%

Filecoin (FIL) $ 6.11 6.58%

WhiteBIT Coin (WBT) $ 25.07 1.13%

Kaspa (KAS) $ 0.137704 4.63%