"Hey guys, just wanted to start a thread on the Luna implosion. It's wild how something that was touted as a stablecoin just crashed and burned. What do you guys think was the main contributing factor to Terra's catastrophic collapse?"
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
"RIP Luna: Can We Learn from the Terra's Catastrophic Collapse?"
- Thread starter iverson6
- Start date
"Still trying to wrap my head around how something like that could happen. I think the main takeaway is that decentralization isn't a free pass to do whatever you want - there's still accountability with how you manage your finances and make big decisions."
Yeah, Luna's collapse was a brutal reminder that even with the potential for insane gains, crypto markets can be super volatile. One thing we can definitely take away is the importance of due diligence when it comes to investing in new projects - don't get caught up in the hype and do your research.
aaaatfgh666
New member
- Joined
- Sep 4, 2018
- Messages
- 2
- Reaction score
- 0
ADA price prediction for end of 2025
"Still salty about the whole Luna implosion. I think we can definitely learn from it but it's not like we're going to stop rug pulls from happening overnight. Transparency and accountability are key, but even with that, it's hard to avoid gettin' burned when the rug gets pulled."
Natalia Iv.
New member
- Joined
- Jul 17, 2013
- Messages
- 1
- Reaction score
- 0
Is MATIC a good buy right now?