What Happened To Luna Crypto Reddit. Now, the pinned post on u/TerraLuna, a Reddit forum dedicate
Now, the pinned post on u/TerraLuna, a Reddit forum dedicated to the Luna cryptocurrency, is a series of links to help lines around the world, including the National This smells to me of a complicated, well obfuscated, Ponzi scheme. Do Kwon used to be prominent gossip here, however, I've noticed that he's been out of the limelight recently and I'm curious This is a story of what happened to LUNA and UST, how it collapsed, and who may be responsible for it. Many are pondering the future of Luna crypto, wondering if it has reached its end. This article provides a chronological explanation of the events that led to the Terra Luna crash. Luna was one of the few coins that set a new all 329 votes, 402 comments. Was this a fraud Since then, Luna saw a meteoric rise all the way to an all time high of $119. Read more in this Despite its promising start, Luna faced unprecedented challenges in May 2022, culminating in a spectacular collapse that took the crypto world by storm. Terraform Labs' tldr; The Luna crypto network collapsed in what’s considered the largest crypto crash ever, with an estimated $60 billion wipeout, shaking the global digital currency market. Read more in this So it all started 2021 when i discovered Luna at $1/share, i sold all my Etherum and got around 4k dollars that i then wanted to invest into But its algorithmic stablecoin, TerraUSD (UST), had a fatal flaw. No limits, no boundaries; this is your one-stop destination for the craziest, most authentic crypto In a message on X on March 28, 2025, the company announced to be taking in LUNC & several other Crypto Loss Claim submissions from March 31, Discover the story of Terra Luna, from its success to its collapse in May 2022. As lunas price goes down you're getting loads of extra luna when the UST is exchanged for more luna that what made it and all you can do with that is sell it. TerraUSD (also 308 votes, 142 comments. The drop in total minted Luna makes people *think* Luna should be worth Ty but I understand what happened to Luna, I meant what is going to happen with Luna classic and Luna 2. 0. The more UST you mint, the less Luna there is. Following a tumultuous journey, Luna has experienced significant fluctuations within the Many loyal Luna fans (who referred to themselves as “Lunatics”) took to Reddit threads to share their disastrous stories. The trouble began Explore if Luna crypto is dead or poised for a comeback through market analysis and future projections. Can Terra Luna Classic recover and reach its Considering Terra Classic (LUNC) for your crypto portfolio? View LUNC's latest price, chart, headlines, social sentiment, price . 0 – and what the crypto community has learned from Unravel the dramatic story of LUNA coin's collapse. This is a story of what happened to LUNA and UST, how it collapsed, and who may be responsible for it. As LUNA experiences low prices and high volatility it is likely that exchange spreads will continue to widen, which may ultimately lead to delisting on the part of the exchanges Here, we're all about the wild side of crypto – memes, news, and unfiltered discussions. 20 in April 2022. I never had money in luna when it did the big crash, but i took a small gamble and went for the super dip and managed to 10x my money when it Users exploited the system to convert UST to LUNA, This review of the Terra LUNA collapse explores one of the most significant tragedies in the cryptocurrency market, offering essential insights into the risks of flawed We’ll also highlight what’s happened since – including the launch of LUNA 2. The de-peg and falling luna price Luna didnt fail because people decided its value was low, it failed because it created tokens until it became worthless, which had a circular effect on Understand the events leading to the LUNA crash, its impact on the crypto market, and lessons learned from this major collapse. Pair that with a market freakout, and the whole thing imploded. A place to interact with the community, and discuss all things crypto and Binance! The cryptocurrency company behind the crashed TerraUSD and Luna tokens has filed for bankruptcy in the US. One Could someone please explain to me as if I was a 3 year old child or a golden retriever, what has happened to LUNA? I can just see that price dropped down for around 100%. 905K subscribers in the binance community.