FEE INITIALLY ON

Last updated: June 16, 2025, 14:34  |  Written by: Joseph Lubin

Fee Initially On
Fee Initially On

Their Activity Caused The Linked

Their activity caused the linked currency Luna to also crash in what is known as a “death spiral.” As of now, UST is worth 12 cents, and Luna is worth fractions of a

How Terra's UST and LUNA Imploded - Decrypt

'Everything broke': What happened in the Terra Luna

Amid The Craziest Week In

What Terra's Crash Means For Crypto and Beyond

Amid the craziest week in crypto ever, the collapse of Terra's UST stablecoin and governance token LUNA emerged as the biggest story. Amid the crash, LUNA

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Death Spiral Risk

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This “death spiral” effectively occurred to LUNA-UST on May 2025. Social media sources relates its origin to a “coordinated attack”, in which market actors strategically

Death Spiral Risk: When UST lost its peg, users could burn UST to mint LUNA. This led to LUNA hyperinflation, causing its price to plummet and further destabilizing

The Supply Of Luna Has

The supply of LUNA has only been ballooning up of late. Yesterday, around thistime,over 1.46 billion tokens, were in circulation. However, during the early hours of Friday, the number was already up to 6.5 trillion. Meanwhile, the token lost more than 99% of its value and was worth merely $0. at press time. Alongside, Ver más

Death SpiralWhat Happened to LUNA & UST?

Joseph Lubin can be reached at [email protected].

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