Terra Co-Founder’s Wife Seeking Police Protection as LUNA Price Collapses to Zero

– The price of Terra’s native LUNA token has collapsed to virtually zero, currently sitting at $0.00005.
– The cryptocurrency was trading at $119.18 just a little over a month ago.
– Despite the fact that LUNA’s circulating supply has now swelled to 6.5 billion tokens, the UST stablecoin has been rendered virtually worthless, currently trading at just $0.18.
– The ongoing collapse has dashed any hopes that its peg would eventually recover to the much-coveted $1 level.
– On top of that, the Terra network has been officially halted for the second time within 24 hours.
– Validators are working on a plan to reconstitute it, according to an announcement
– Meanwhile, Kwon, who is known for his abrasive and inflammatory tweets, has been eerily silent over the last day.

 

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14810 Terra Co-Founder's Wife Seeking Police Protection as LUNA Price Collapses to Zero
Terra Co-Founder's Wife Seeking Police Protection as LUNA Price Collapses to Zero 2

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