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) $ 66,993.95 1.78%

Ethereum (ETH) $ 2,623.13 2.79%

Tether (USDT) $ 0.999762 0.02%

BNB (BNB) $ 593.81 1.87%

Solana (SOL) $ 166.48 0.40%

USDC (USDC) $ 0.999826 0.09%

XRP (XRP) $ 0.53276 3.35%

Lido Staked Ether (STETH) $ 2,622.93 2.77%

Dogecoin (DOGE) $ 0.140806 2.41%

TRON (TRX) $ 0.159622 1.26%

the-open-network

Toncoin (TON) $ 5.23 0.74%

Cardano (ADA) $ 0.359194 0.45%

Avalanche (AVAX) $ 27.64 1.73%

Wrapped stETH (WSTETH) $ 3,103.90 2.61%

Shiba Inu (SHIB) $ 0.000018 2.96%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 66,914.93 1.67%

WETH (WETH) $ 2,623.88 2.77%

Chainlink (LINK) $ 12.15 3.56%

Bitcoin Cash (BCH) $ 357.26 3.06%

Polkadot (DOT) $ 4.32 3.06%

Uniswap (UNI) $ 8.07 6.12%

Dai (DAI) $ 0.999546 0.09%

NEAR Protocol (NEAR) $ 4.66 4.81%

Aptos (APT) $ 10.87 10.13%

LEO Token (LEO) $ 6.06 0.19%

Sui (SUI) $ 1.93 6.59%

Litecoin (LTC) $ 70.15 3.40%

Wrapped eETH (WEETH) $ 2,760.05 2.60%

Pepe (PEPE) $ 0.00001 2.62%

Bittensor (TAO) $ 551.62 2.89%

internet-computer

Internet Computer (ICP) $ 7.89 2.50%

Artificial Superintelligence Alliance (FET) $ 1.36 2.95%

Kaspa (KAS) $ 0.136334 4.17%

Monero (XMR) $ 154.83 0.99%

Ethereum Classic (ETC) $ 19.08 3.66%

Stellar (XLM) $ 0.095279 1.54%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.365179 2.85%

first-digital-usd

First Digital USD (FDUSD) $ 0.999744 0.04%

Stacks (STX) $ 1.79 3.47%

WhiteBIT Coin (WBT) $ 17.83 0.23%

Ethena USDe (USDE) $ 1.00 0.05%

Immutable (IMX) $ 1.51 5.41%

dogwifhat (WIF) $ 2.43 5.29%

OKB (OKB) $ 40.22 1.19%

Arbitrum (ARB) $ 0.580565 2.15%

Aave (AAVE) $ 151.20 2.53%

Filecoin (FIL) $ 3.79 2.55%

Optimism (OP) $ 1.72 2.15%

crypto-com-chain

Cronos (CRO) $ 0.07704 1.48%

injective-protocol

Injective (INJ) $ 20.90 3.84%