《USTC Decoupling Causes LUNA Crash; LUNC's Future Depends on USTC》
The decoupling of USTC led to the crash of LUNA to nearly zero, which was later renamed LUNC.
Many people bought the dip on LUNC but overlooked that USTC is the key to LUNA's rise and fall, all due to USTC's peg/unpeg with the US dollar.
The stablecoin USTC is the lifeline of the Terra blockchain: if USTC cannot re-establish its peg to the US dollar, or cannot be on par with USDT and USDC, LUNC will forever be a worthless token, with prices continuously dropping until it is abandoned.
Market conditions change daily, so don't let your mindset collapse too tightly. If you always feel like you're a step behind or are disturbed by market noise, feel free to chat. Fan Ge is waiting for you
