🩸 The $40 Billion Crypto Horror Story: $LUNA Collapse 🩸
In May 2022, $LUNA , once a top-10 coin, went from $80 to less than $0.0001 — in just days. Why? Its partner “stablecoin” UST lost its $1 peg, triggering a death spiral.
Billions were wiped out. Portfolios went from six figures to pennies. Some people lost everything — homes, savings, hope.
The scariest part? Just a week before the crash, everyone said it was safe.
Lesson: If it sounds too good to be true in crypto… it usually is.
