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Just shout it out. How?
Just shout it out. How?
CryptoAceHub_Minhasace
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Bullish
My brother made $20k with no trading experience.

I earned 50 SOL in just 10 days using technique with #Binance amazing features đŸ”„

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Want to know how? then let me know in the comment section below đŸ‘‡đŸ»

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$BTC

$RSR

$BNB

#RSR is a utility token with high potential, supporting stablecoin ecosystems and decentralized finance. Listed on Binance, it offers growth opportunities as adoption rises. Invest now to capitalize on this innovative crypto project.

#Write2Earn #Share1BNBDaily #BTC☀
is there any hope for this Luna/Lunc making it back to the glory days of $119 or to reach a mere 1.0 usdt?
is there any hope for this Luna/Lunc making it back to the glory days of $119 or to reach a mere 1.0 usdt?
simple simon the profiler
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đŸ”„đŸ’ž The LUNC Crash: A Catastrophic Fall from $119 to $0.00001 in a Single Day đŸ€Ż
LUNC, formerly known as Terra (LUNA), experienced a catastrophic crash on May 7, 2022, plummeting from $119 to $0.00001 in a single day đŸ˜±. But what led to this unprecedented collapse? Let's explore the origin of LUNC and the events that triggered its downfall 📊.

_The Origin of LUNC: Terra (LUNA) 🌕_

LUNC, formerly Terra (LUNA), was created in 2018 by Do Kwon and Daniel Shin 🌟. Terra was a decentralized, algorithmic stablecoin project that aimed to provide a scalable and decentralized financial infrastructure 🌈.

_The Rise of Terra (LUNA) 🚀_

Terra gained popularity in 2021, with its native token, LUNA, surging to an all-time high of $119 in April 2022 📈. The project's success was largely attributed to its innovative use of algorithmic stablecoins and its growing ecosystem đŸŒ±.

_The Fall of Terra (LUNA): UST Depeg and LUNA's Collapse đŸŒȘ_

On May 7, 2022, Terra's algorithmic stablecoin, UST, lost its peg to the US dollar, triggering a catastrophic collapse of LUNA's price 🌊. The depeg was caused by a combination of factors, including:

1ïžâƒŁ _Market volatility_: Increased market volatility led to a surge in withdrawals from Terra's Anchor protocol, putting pressure on UST's peg 📊.

2ïžâƒŁ _Lack of collateralization_: UST was not fully collateralized, making it vulnerable to a depeg 📉.

3ïžâƒŁ _Algorithmic flaws_: Terra's algorithmic stablecoin design had flaws, which were exploited by traders, leading to the depeg đŸ€–.

_The Aftermath: LUNC's Rebranding and Relaunch 🌈_

Following the collapse, Terra rebranded as Terra Classic (LUNC), and a new Terra (LUNA) was launched 🌟. However, the damage had already been done, and LUNC's price continued to plummet 📉.

_Conclusion 📝_

The LUNC crash was a catastrophic event that highlighted the risks and vulnerabilities of algorithmic stablecoins đŸŒȘ. While the rebranding and relaunch of Terra Classic (LUNC) aimed to revitalize the project, the aftermath of the crash serves as a cautionary tale for investors and developers alike 📊.
$LUNC

$LUNA

$XVG

#Share1BNBDaily
#MicrosoftBTCInvestmentVote
#terraClassicLunc
#Lunc2TheMoonSoon
is there any hope for this Luna/Lunc making back to even a mere 1.0 usdt?
is there any hope for this Luna/Lunc making back to even a mere 1.0 usdt?
simple simon the profiler
--
đŸ”„đŸ’ž The LUNC Crash: A Catastrophic Fall from $119 to $0.00001 in a Single Day đŸ€Ż
LUNC, formerly known as Terra (LUNA), experienced a catastrophic crash on May 7, 2022, plummeting from $119 to $0.00001 in a single day đŸ˜±. But what led to this unprecedented collapse? Let's explore the origin of LUNC and the events that triggered its downfall 📊.

_The Origin of LUNC: Terra (LUNA) 🌕_

LUNC, formerly Terra (LUNA), was created in 2018 by Do Kwon and Daniel Shin 🌟. Terra was a decentralized, algorithmic stablecoin project that aimed to provide a scalable and decentralized financial infrastructure 🌈.

_The Rise of Terra (LUNA) 🚀_

Terra gained popularity in 2021, with its native token, LUNA, surging to an all-time high of $119 in April 2022 📈. The project's success was largely attributed to its innovative use of algorithmic stablecoins and its growing ecosystem đŸŒ±.

_The Fall of Terra (LUNA): UST Depeg and LUNA's Collapse đŸŒȘ_

On May 7, 2022, Terra's algorithmic stablecoin, UST, lost its peg to the US dollar, triggering a catastrophic collapse of LUNA's price 🌊. The depeg was caused by a combination of factors, including:

1ïžâƒŁ _Market volatility_: Increased market volatility led to a surge in withdrawals from Terra's Anchor protocol, putting pressure on UST's peg 📊.

2ïžâƒŁ _Lack of collateralization_: UST was not fully collateralized, making it vulnerable to a depeg 📉.

3ïžâƒŁ _Algorithmic flaws_: Terra's algorithmic stablecoin design had flaws, which were exploited by traders, leading to the depeg đŸ€–.

_The Aftermath: LUNC's Rebranding and Relaunch 🌈_

Following the collapse, Terra rebranded as Terra Classic (LUNC), and a new Terra (LUNA) was launched 🌟. However, the damage had already been done, and LUNC's price continued to plummet 📉.

_Conclusion 📝_

The LUNC crash was a catastrophic event that highlighted the risks and vulnerabilities of algorithmic stablecoins đŸŒȘ. While the rebranding and relaunch of Terra Classic (LUNC) aimed to revitalize the project, the aftermath of the crash serves as a cautionary tale for investors and developers alike 📊.
$LUNC

$LUNA

$XVG

#Share1BNBDaily
#MicrosoftBTCInvestmentVote
#terraClassicLunc
#Lunc2TheMoonSoon
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