In 2022, Terra’s algorithmic stablecoin (UST) lost its peg to the US dollar, triggering a massive sell-off:
$LUNC price dropped by over 99% in a matter of days
Billions of dollars in market value were wiped out
It became one of the biggest failures in crypto history
Active community trying to revive the project
$LUNC is gonna hit high
Extremely low price attracts speculative traders
Ongoing token burn initiatives
LUNC
0.0000703
-6.59%