BY MARKET CAPITALIZATION

Last updated: June 16, 2025, 02:30  |  Written by: Raoul Pal

By Market Capitalization
By Market Capitalization

Terra

Stablecoins, a breed of cryptocurrencies touted for their purported stability, have come under scrutiny after TerraUSD and Luna tumbled, saddling investors with billions of

Terra’s losses saw its market cap hit an interday low of $17.4 billion, while Dogecoin’s recovery over the weekend helped its market cap open trade on January 31st at

In May 2025, two and a half years ago, Terra/LUNA was one of the most promising cryptocurrency projects in the space. But its algorithmic stablecoin, TerraUSD

Luna Classic

Terra: Luna Has Been Outperforming The Crypto

Luna Classic, the corresponding governance token, has a market cap of approximately $500 million, a tiny fraction of the $40 billion it once commanded, according to

Dissecting the Terra-LUNA crash: Evidence from the spillover

Terra(LUNA) Loses its Position toDogecoin(DOGE) as Slump

HowTerracollapse nearly killed algorithmic stablecoins

Anatomy of a Stablecoin’s failure: The Terra-Luna case

Terra/LUNA: How a $40 Billion Algorithmic Dream Turned to Ashes

Why is Terra (LUNA) Stablecoin Outperforming

Why Stablecoins Fail: A Look at Terra

The Terra

Some coin-ranking sites, such as CoinMarketCap and Coingecko, use Terra and TerraUSD for the acronyms LUNA and UST. In this paper, to avoid any misconception, we

The Terra-LUNA crash in May 2025 was triggered by the depeg of the ecosystem’s stablecoin UST. It led to the unprecedented demise of a blockchain ecosystem

Why Did Cryptocurrencies TerraUSD and Luna Unravel? Stablecoin

Raoul Pal can be reached at [email protected].

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