The UST backer, Luna, has collapsed to a market cap of $1 billion from a high of $40 billion as the stabilizing mechanism is shown to not work.
Luna Collapses
BlockchainTime Stamp: May 11, 2022 8:21 AM
Source Node: 1308402
The UST backer, Luna, has collapsed to a market cap of $1 billion from a high of $40 billion as the stabilizing mechanism is shown to not work.