Sign up to save your podcasts
Or
Share #061 - What Happened To Luna And UST? | Luna Crash Explained.
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
#061 - What Happened To Luna And UST? | Luna Crash Explained.
We explain what happened with Terra's Luna and UST cryptocurrencies and why we think that this was inevitable due to the algorithmic nature surrounding Luna and UST which resulted in what ultimately became a death spiral. This caused Luna to drop from a $40 billion market cap coin to $500m in a little over 24 hours meaning Luna lost over 98% of its value resulting in perhaps the biggest crash In crypto history.
Follow us on Instagram: https://www.instagram.com/thebusinesslounge_/
Follow us on TikTok: https://vm.tiktok.com/ZML52dW9T/
Watch On YouTube: https://m.youtube.com/channel/UCcUF0dO5lYYspt9-xDUWfyg
Website: https://www.thebusinessloungepodcast.co.uk
View all episodes
By Nathan Hodgson & Nathan BerryWe explain what happened with Terra's Luna and UST cryptocurrencies and why we think that this was inevitable due to the algorithmic nature surrounding Luna and UST which resulted in what ultimately became a death spiral. This caused Luna to drop from a $40 billion market cap coin to $500m in a little over 24 hours meaning Luna lost over 98% of its value resulting in perhaps the biggest crash In crypto history.
Follow us on Instagram: https://www.instagram.com/thebusinesslounge_/
Follow us on TikTok: https://vm.tiktok.com/ZML52dW9T/
Watch On YouTube: https://m.youtube.com/channel/UCcUF0dO5lYYspt9-xDUWfyg
Website: https://www.thebusinessloungepodcast.co.uk