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k_arshwani

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I have not bought this coin
I have not bought this coin
Jannat ji
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šŸ”„šŸ”„ $LUNC

Crash from $119 to $0.00001 in a Single Day? 😱

Let’s dive into the details:

What Happened to LUNC?

LUNC (Terra Luna Classic) was a major player in the Terra ecosystem until May 7, 2022, when its price plummeted from $119 to $0.00001 in a single day.

Key Reasons Behind the Crash

1. UST Depeg

TerraUSD (UST), an algorithmic stablecoin pegged to the US dollar, lost its peg.

The depeg created massive sell-offs in both UST and LUNC.

2. Liquidity Crisis

Terra faced a severe liquidity shortage, making it nearly impossible for investors to sell.

This illiquidity worsened the price collapse.

3. Market Panic

As LUNC's price tumbled, panic set in. Investors rushed to sell, leading to further decline.

4. Algorithmic Flaws

The Terra protocol's algorithm, designed to stabilize UST, was inherently flawed, exacerbating the crash.

5. Trust Erosion

The collapse shattered confidence in algorithmic stablecoins and the Terra ecosystem.

Consequences of the Crash

Billions of dollars were wiped out.

Thousands of investors faced devastating losses.

The Terra ecosystem's credibility took a severe hit.

Lessons from the Collapse

The LUNC crash is a stark reminder of the volatility and risks in the crypto market. It underscores the importance of understanding the underlying technology and risks of algorithmic systems before investing.

Stay informed, manage risk, and tread carefully in the unpredictable world of crypto.

Disclaimer: Not financial advice. This post includes third-party insights and opinions.

#Crypto #LUNC #CryptoCrash #Terra
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Shiba Inu and Sei
Shiba Inu and Sei
Forex Trader Sohag
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Bullish
Tell Me a Coin Name 10x Make 80$ To 800
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Bullish
sis phir kese purchase Karen doller
sis phir kese purchase Karen doller
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SEI buy now
SEI buy now
User-5581d
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This time which coin I will buy.....
please suggest me
Shib Inu Can the price go up? šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€ šŸ“ŠšŸ“ŠšŸ“ŠšŸ“ŠšŸ“ŠšŸ“ŠšŸ“ŠšŸ“ŠšŸ“ŠšŸ“ŠšŸ“Š šŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆ šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”
Shib Inu Can the price go up?
šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€
šŸ“ŠšŸ“ŠšŸ“ŠšŸ“ŠšŸ“ŠšŸ“ŠšŸ“ŠšŸ“ŠšŸ“ŠšŸ“ŠšŸ“Š
šŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆ
šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”
Shiba coint Can the price go up? šŸ“ŠšŸ“ŠšŸš€šŸš€šŸš€šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”#SHIBAUSDT #Shibinu {spot}(SHIBUSDT)
Shiba coint Can the price go up? šŸ“ŠšŸ“ŠšŸš€šŸš€šŸš€šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”šŸ¤”#SHIBAUSDT #Shibinu
Yes
85%
No
15%
133 votes • Voting closed
which is boost šŸš€šŸš€{spot}(SHIBUSDT) {future}(SEIUSDT) which one will go higher #SHIBAUSDT #SeiUpgrade $SHIB #sei $SEI

which is boost šŸš€šŸš€

which one will go higher #SHIBAUSDT #SeiUpgrade $SHIB #sei $SEI
Buy Sei coin it in a few months and its price will double šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€ šŸ’±šŸ’±šŸ’±šŸ’±šŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆšŸ”ŠšŸ”ŠšŸ”ŠšŸ”Š #SEİ $SEI $USDC $SOL #NewsAboutCrypto #cryptotipshop
Buy Sei coin it in a few months and its price will double šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€
šŸ’±šŸ’±šŸ’±šŸ’±šŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆšŸ“ˆšŸ”ŠšŸ”ŠšŸ”ŠšŸ”Š

#SEİ $SEI $USDC $SOL #NewsAboutCrypto #cryptotipshop
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Sei Coins Buy Now ā¬†ļøšŸ”ŠšŸš€šŸš€ SEI $SEI #CryptoNewss
Sei Coins Buy Now ā¬†ļøšŸ”ŠšŸš€šŸš€
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who to cause ?
who to cause ?
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who to choice ... ?
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Bullish
Yes
100%
No
0%
1 votes • Voting closed
Crypto exchange šŸ’± šŸ“ŠBuy Coins for earn money šŸ’°

Crypto exchange šŸ’± šŸ“Š

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