Actully super interesting. This really is the first time we are seeing it happen on such a scale with the availability of stable coins now. It's playing out the same way as the stock market. Things start to look iffy they back out and move into more stable assets. The ties that LUNA has with it all and how that's playing out is crazy wild but makes sense when you start breaking it down.
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The results from the break down is so easy to understand is why I like the Terra chain. There is a lot of potential moving forward especially with stable coins.