TerraUSD and Luna Stablecoin Ecosystem Crash: What’s Next?
Earlier this month, the price of the Luna digital asset crashed down to a fraction of a cent from a high over $77 over the span of a few short days. The asset had previously weathered a few bumps in the road and appeared to have a healthy ecosystem behind it, so the flash crash caught investors and onlookers off guard. The community is already conducting a sort of post-mortem analysis to determine what happened and how to potentially prevent it with other assets going forward.
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