LUNA UST DEATH SPIRAL IS IT TIME FOR TERRA TO ACCEPT ITS DEMISE

Last updated: June 14, 2025, 22:50  |  Written by: Justin Sun

Luna Ust Death Spiral Is It Time For Terra To Accept Its Demise
Luna Ust Death Spiral Is It Time For Terra To Accept Its Demise

Their Activity Caused The Linked

LUNA-UST death spiral: Is it time for Terra to accept its demise?

Death SpiralWhat Happened to LUNA & UST?

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

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Amid The Craziest Week In

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

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

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This

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

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

Justin Sun can be reached at [email protected].

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