Friday, May 13, 2022 9:16:20 PM
In the past ~5 weeks, LUNA coin has gone from over $100/coin to well under a penny/coin. Tonight it is at 0.000074/coin !
https://www.cnet.com/personal-finance/crypto/luna-cryptocurrency-collapse-how-ust-broke-and-why-it-matters/
https://fortune.com/2022/05/13/luna-terra-ust-stablecoin-do-kwon-wife-protection-crypto-crash/
...so tonight I spent a bit over $100 to pick up over 1,550,000 LUNA coins. Over 1.5M coins.
I doubt it recovers back to $100/coin, but once they figure out how to solve their problems, some bounce could occure.
If they don't, and it washes out, I'm only out $100. GLTY.
https://www.cnet.com/personal-finance/crypto/luna-cryptocurrency-collapse-how-ust-broke-and-why-it-matters/
https://fortune.com/2022/05/13/luna-terra-ust-stablecoin-do-kwon-wife-protection-crypto-crash/
...so tonight I spent a bit over $100 to pick up over 1,550,000 LUNA coins. Over 1.5M coins.
I doubt it recovers back to $100/coin, but once they figure out how to solve their problems, some bounce could occure.
If they don't, and it washes out, I'm only out $100. GLTY.
My posts are my opinion. Always trade at your own risk.
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