When Will Terra Decline End?

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For a second day in a row Terra's UST is de-pegged while Luna is free falling another 50% from yesterday's close as it is fighting for dear life to hold in range of $14 - $17.

I have been following Terra for over half a year and vested a lot into the protocol. I have accumulated significant losses and baring no further drop I still have a fraction of what I started invested in Luna.

Do Kwon creator of Terra may have met his match as of now and things are heating up.

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There is pain across the board when it came to this recent decline.

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But just recently Do Kwon reports again:

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It sort of pump prices up as Luna is ramping to $17 after Do's twit. Yet is it enough or this is closer to the end of Luna and UST?

None of what I write is financial advice. It is for entertainment purposes only. Thanks for reading!



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3 comments
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It is difficult for a stable coin to decline. As it's supposed to be pegged. Prior to this it was doing really well. I don't really know that much about Terra !

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They can't all be winners which is why being diversified is never a bad idea.

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