After dropping nearly 99% in the past week from a high of $85 to a low of $1 yesterday, LUNA is the gift that keeps on giving, dropping well below 10 cents today, currently trading at $0.035. Those traders that attempted to buy the dip when LUNA dipped below $1 if they haven’t sold off during the rebound to $4 are now down another 99%. Let’s look at any relevant news regarding LUNA and its now de-pegged stablecoin UST and see why the price continues to drop? What Happened With LUNA and UST? As we reported on May 10th, LUNA’s
The post Is LUNA Dead? Terra Luna Price Drops Below 4 Cents, UST still De-pegged at $0.67 appeared first on The Merkle News.
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