The issues with LUNA sparked a significant sell-off as Terra’s native digital asset dropped 97% in value against the U.S. dollar. UST Terra
but then, for most of the day on Tuesday, UST managed to climb back above the $0.90 region.
On Tuesday evening, UST started to plummet again and it has continued to slide to its most recent lows at $0.299 per unit. The native token LUNA suffered even more than UST, as it has lost 97% in value during the past 24 hours. LUNA has had a 24-hour price range between $33.93 per unit and $0.810 per coin.
Kwon also said that Terra could rebound from the collapse and noted that the project was not going anywhere. “Terra’s return to form will be a sight to behold,” Kwon tweeted. The Terra founder added:
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Binance suspends LUNA and UST withdrawals amid market turbulenceCrypto exchange Binance has suspended withdrawals of LUNA and UST tokens with the Terra-based stablecoin struggles to recover its peg to the US dollar.
Les mer »
42.5K BTC reportedly moved from Luna Foundation Guard wallet as UST peg crumblesTerra's UST stablecoin lost its peg to the U.S. dollar this week, falling to a low of 0.9428, according to CoinMarketCap.
Les mer »
Binance Suspends LUNA and UST Token Withdrawals.Binance suspended trading of LUNA and UST citing network congestion as the tokens' prices nosedived. thesamreynolds reports.
Les mer »
Withdrawals on Terra (LUNA) Network Temporarily Suspended | Binance SupportFellow Binancians, Withdrawals for LUNA and UST tokens on the Terra (LUNA) network were temporarily suspended on 2022-05-10 at 02:20 AM (UTC) due to a high volume of pending withdrawal transact...
Les mer »
Terra (LUNA) Getting Annihilated as UST Loses Its PegOne of the hottest cryptocurrency projects is facing a major test amid market turmoil
Les mer »
BTC, ETH, XRP, ADA, BNB and LUNA Price Analysis for May 9Which coin can return to the bullish trend faster than the others? XrpYoyo ANT159694954 nuonrg WillyWonkaXRP CardanoStiftung ADAcoin_ Cardano cardano Cardano_ emurgo_io Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX
Les mer »