A jolt in the crypto world froze even the most experienced: Terraform Labs’ LUNA stablecoin lost virtually all of its value. On social networks, this unthinkable fall generated all kinds of reactions, from concern to memes.
According to specialized sites, the cryptocurrency touched its lowest since the beginning of 2021: $0.85. As of May 5, it was worth more than $85.
LUNA seemed to have cemented itself as one of the best alternatives for those entering the crypto world in April of this year. On the 5th of that month it reached its maximum price of $119.55. But the uproar would not last long, and a little more than 30 days later “it is worth nothing”, after a collapse never seen before.
Now, analysts say it can regain some of its value after the sharp correction. In the virtual whiteboards of Binance and other websites of buying and selling cryptocurrencies it is shown that its price rises slowly, and reached 6 dollars, although with a very marked volatility. The price of LUNA began to recover slowly. This was said on social media
Twitter was a hotbed of comments about the ups and downs of one of the cryptocurrencies considered stable. The laments of the big holders were mixed with memes and anger on the part of those who claim that the crypto business is a large-scale scam.
One of the posts that generated the most concern was the one that showed that on the LUNA page of Reddit there were people thinking about making drastic decisions after losing their life savings.
After the rise, the messages of those who bought cheap to sell high also began to arrive, and they obtained important profits in a span of less than two hours.
Finally, the inevitable memes that tried to alleviate a very hard situation for thousands of people were present. Topics
- Cryptocurrencies
- moon
- collapse
