Cryptocurrency Q&A What happened to Terra's Luna token?

What happened to Terra's Luna token?

KimonoElegantGlitter KimonoElegantGlitter Sun Mar 09 2025 | 5 answers 1004
I've been hearing a lot about Terra's Luna token recently and I'm curious to know what exactly happened to it. There's been a lot of talk about a crash or some sort of collapse. Can someone explain what went wrong? What happened to Terra's Luna token?

5 answers

CryptoMercenary CryptoMercenary Tue Mar 11 2025
A catastrophic event unfolded in the world of cryptocurrency.

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Isabella Isabella Tue Mar 11 2025
Terra's LUNA token experienced a sudden and drastic decline in value.

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Sara Sara Tue Mar 11 2025
This triggered a chain reaction, leading to widespread selling of Terra's UST stablecoin.

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DavidJohnson DavidJohnson Mon Mar 10 2025
The selling pressure caused the UST stablecoin to lose its peg, which is crucial for its stability.

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Luigia Luigia Mon Mar 10 2025
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet solutions. Despite its comprehensive offerings, the market turmoil affected it and other exchanges.

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