We all heard a lot of successful story in Cryptocurrency since the Rise Of BTC. Cryptocurrency mushroom like a wild fire creating new digital currencies.
And one of the success story was one so called Terra Luna which is bind to USDT or should at least be an equivalent of 1 Dollar.
Unfortunately,
Cryptocurrency is volatile like BTC as their fore founding Digital Currencyl; Terra Luna is no exeption. We just witnessed the other day how the price of Terra Luna plummet like a black hole sucking is value to almost no value at all.
We all heard reports that some had lost a huge sum of asset from 30M US Dollar to drop its value to 10 US Dollar. Other was so depress that reported almost 8 had committed suicide due to its crash.
Whalers are dumping their Terra Luna Coins which worsen the value of the said currency.
Do Kwon, Founder of Terra Luna was panicking on how to save its precious Cryptocurrency and even invest 1.2 Billion US Dollar just to save it.
Last night was reach its rock bottom value which has literally almost no value at all.
Early Morning it was still kicking the graph was raising and falling but suddenly this afternoon, The market was so active and the demands keep on rising and rising as I notice from 500% raise to 3000% raise like its going to get revive, this is a good news for those who still hold to their coins despite of the crash.
Price was still manageable and affordable so others was trying to buy if they can still ride with the rise of the coins.
There are some also who are afraid to invest more or even try because of the crash.
We still are hoping that Terra will deliver its prediction to tie at $1 value. and for those who are strong willed that still invest, it was a roller coaster, nerve wrecking experience.
Finger Cross, and just hope for the best in the future and may we heard another success stories in the next couple of months to our newly millionaires.
Peace Out;
Khytzai