ManuMeji
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$LUNA : The Biggest Crypto Scam In History Lost $40 Billion In One Day
Terra (LUNA) is one of the most shocking events in the history of cryptocurrencies. In a single day, the wonderful $40 billion market cap vanished, destroying millions of investors. But how did it happen?
Here is the story of Terra's devastating failure, and every cryptocurrency investor should learn a lesson. .%002Laiba
1/Terra's blockchain, with its USDT algorithm stablecoin, promised to revolutionize payments. But unlike deposit-backed stablecoins, UST relies on unstable procedures with LUNA to maintain its 1-peg
2/The idea was simple: Users can always exchange 1 USDT for 1 worth of LUNA. But when the system is pressured, the very procedure designed to strengthen UST turns into a death spiral
On 3/May 2022, UST started to lose its peg after a massive withdrawal from the anchor DFI platform that offered high production. Due to this panic and selling pressure, M was triggered…$BTC #JobsBoomVsFed #LTCETF #BinanceAlphaAlert #BTCBackto100K #MicroStrategyAcquiresBTC
Terra (LUNA) is one of the most shocking events in the history of cryptocurrencies. In a single day, the wonderful $40 billion market cap vanished, destroying millions of investors. But how did it happen?
Here is the story of Terra's devastating failure, and every cryptocurrency investor should learn a lesson. .%002Laiba
1/Terra's blockchain, with its USDT algorithm stablecoin, promised to revolutionize payments. But unlike deposit-backed stablecoins, UST relies on unstable procedures with LUNA to maintain its 1-peg
2/The idea was simple: Users can always exchange 1 USDT for 1 worth of LUNA. But when the system is pressured, the very procedure designed to strengthen UST turns into a death spiral
On 3/May 2022, UST started to lose its peg after a massive withdrawal from the anchor DFI platform that offered high production. Due to this panic and selling pressure, M was triggered…$BTC #JobsBoomVsFed #LTCETF #BinanceAlphaAlert #BTCBackto100K #MicroStrategyAcquiresBTC
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Will $Pengu reach $1?
Another interesting piece of news! Will $PENGU reach the coveted $1 mark?
Pudgy Penguins burst onto the scene in August 2021 as a collection of 8888 unique NFTs on the Ethereum blockchain. Since then, they have built a vibrant and passionate community that has been instrumental in their journey. In early 2022, the community even pushed for a leadership change, leading Luca Netz to take over the project for 750 ETH, steering it toward new horizons.
Pudgy Penguins burst onto the scene in August 2021 as a collection of 8888 unique NFTs on the Ethereum blockchain. Since then, they have built a vibrant and passionate community that has been instrumental in their journey. In early 2022, the community even pushed for a leadership change, leading Luca Netz to take over the project for 750 ETH, steering it toward new horizons.
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HOW TO EARN UP TO 100 USD
With this campaign, you can earn up to 100 USD per month, thanks to this Binance wallet
just by claiming my Red Envelope Here
“Sobre Rojo “ by clicking, you will receive my red envelope and win prizes. Or if you prefer, by scanning my QR
$PENGU $BTC $XRP
With this campaign, you can earn up to 100 USD per month, thanks to this Binance wallet
just by claiming my Red Envelope Here
“Sobre Rojo “ by clicking, you will receive my red envelope and win prizes. Or if you prefer, by scanning my QR
$PENGU $BTC $XRP
Clain 9 USD Now!!
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WORD OF THE DAY:
MEETUPS
Ingresa
MEETUPS
Ingresa
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LET'S HELP EACH OTHER!
here I leave for you to claim!
if you want to help, my ID: 119266229
here I leave for you to claim!
if you want to help, my ID: 119266229
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