The debacle of LUNA, the token that has become the "Lehman Brothers" of cryptocurrencies

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Nigeria Techidence
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Published on ● Video Link: https://www.youtube.com/watch?v=_Z1-EY5kdTc


Duration: 4:45
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The cryptocurrency market is plummeting. The economic situation, inflation, and the recent interest rate hike in the US have caused widespread falls not only in the stock market but also in cryptocurrencies that are seeing drops of 80-90% compared to the highs they reached just a few months ago. The falls have been precipitous, and analysts point to a big culprit: the Terra ecosystem's UST and LUNA cryptocurrencies, which some have already dubbed as the ones responsible for the 'Lehman Brothers moment' of crypto. Let's see what it's all about.

Source: https://www.techidence.com/the-debacle-of-luna-the-token-that-has-become-the-lehman-brothers-of-cryptocurrencies/



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Tags:
luna crypto
luna terra
luna bloom
luna crash explained