The Whole Crypto Market is in a Selling Frenzy; is it Going to Zero?

-The bitcoin price has fallen below $30,000 per bitcoin, and other cryptocurrencies have also fallen in value.
-The largest algorithmic stablecoin, UST, has lost nearly 90% of its value in the past week.
-The Luna Foundation Guard has said it will sell its $3 billion in bitcoin reserves to defend its pricing.
-Do Kwon, the founder of Terra Labs, UST, and Luna, has guaranteed that another bailout is on the way.
-A leading trader, Alex Krger, wrote on Twitter that with the UST peg gone, luna would default to zero unless parity and confidence are rebuilt. This can only be done with a large capital infusion and protocol adjustments.

3da604b82967ade092a1fb205b5af505 The Whole Crypto Market is in a Selling Frenzy; is it Going to Zero?
The Whole Crypto Market is in a Selling Frenzy; is it Going to Zero? 2

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