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As Terra’s Dollar Stablecoin UST Collapses, LUNA Falls 97% to Under $1

  • Post author:Auto News Feed
  • Post published:May 11, 2022
  • Post category:Market News
While Terra’s UST trades more than $0.75 from its dollar peg, the currency responsible for maintaining that peg, LUNA, is also in freefall.
Tags: Crypto Market, Digital Market, Market Analysis

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