The collapse of UST had an immense effect on the crypto market and community and still is all over the news.
Many people lost their life savings with the “stable” coin UST. Here I explain how it happened, whether LUNA has a second chance, and what indicators you need to consider before putting your funds in algorithmic stable coins.
For more details, you can read my full article here.
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This video is not financial advice. It’s for education only.
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The crash broken many hearts and Luna was known as the next ETH, what a joke 😂
It was a shocking crash as investors was not ready for this heavy lose.
So true, I, myself, couldn't come to terms with it, until they halted the blockchain, showing the world their true centralized nature. And now LFG is planing to revive it by making a hard fork, are they expecting people to forget everything and billions of losses and invest in their project again....
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