I heard some news about terraform labs' Luna token recently and I'm wondering what exactly happened to it. Could someone please explain the situation to me?
5 answers
SeoulSoul
Tue Nov 26 2024
However, the crypto world was dealt a harsh blow on 9 May 2022. Luna's value experienced a catastrophic collapse, erasing 99% of its worth in just 48 hours.
GliderPulse
Tue Nov 26 2024
Terraform Labs' Luna token gained significant attention in December 2021. Its value started to escalate, catching the eye of investors and crypto enthusiasts.
BlockchainEmpiress
Tue Nov 26 2024
The sudden and dramatic fall of Luna left the Lunatics stunned and devastated. Many had invested heavily in the token, believing in its potential for long-term growth.
GalaxyGlider
Tue Nov 26 2024
By April 2022, Luna's price had skyrocketed from $5 to an astonishing high of $116. This remarkable surge fueled excitement and optimism among the token's supporters.
Arianna
Tue Nov 26 2024
A community formed around Luna, with fans adopting the moniker "Lunatics." They eagerly followed the token's performance and its leader, Mr. Kwon, who was affectionately called their "king."