paint-brush
What Happened to Terra Luna?by@juxtathinka
25,615 reads
25,615 reads

What Happened to Terra Luna?

by Juxtathinka7mJuly 22nd, 2022
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow
EN

Too Long; Didn't Read

The Terra Luna token is the native token of Terra, a blockchain that was developed by a Korean based firm known as Terraform labs. The asset is now famous for the crypto crash that occurred in May of 2022: the token which sold as high as $80 per $LUNA is now currently $0.0001074 per $LUNC. The token was widely accepted because it was backed by its algorithmic stablecoin sister token which is known as the Terra Classic USD $UST. In December 2021, Terra overtook the BNB smart chain to become the second largest DeFi protocol.

Companies Mentioned

Mention Thumbnail
Mention Thumbnail

Coins Mentioned

Mention Thumbnail
Mention Thumbnail
featured image - What Happened to Terra Luna?
Juxtathinka HackerNoon profile picture
Juxtathinka

Juxtathinka

@juxtathinka

Freelance Content Writer with a keen interest in creating the best beginner friendly blockchain content.

Learn More
LEARN MORE ABOUT @JUXTATHINKA'S
EXPERTISE AND PLACE ON THE INTERNET.
L O A D I N G
. . . comments & more!

About Author

Juxtathinka HackerNoon profile picture
Juxtathinka@juxtathinka
Freelance Content Writer with a keen interest in creating the best beginner friendly blockchain content.

TOPICS

Languages

THIS ARTICLE WAS FEATURED IN...

Permanent on Arweave
Read on Terminal Reader
Read this story in a terminal
 Terminal
Read this story w/o Javascript
Read this story w/o Javascript
 Lite
Morpheustrading
Coinwire
Secuxtech
Bitrss
Businessnewspress
Aiois
Cryptocoinstart
Empathicfinance
Elementforex
Cryptoinzicht
Learnrepo
Writingcontests
Com
Coffee-web
Forexdailyfeed
Croxroad
Priceactionstocks
Topqualitystocks
Financialtradingnews
Equitymasternews