"RIP LUNA: The Infamous Terra Collapse of 2022"

silviu grigoras

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"Hey guys, who's here who was invested in Luna back in the day? I still can't believe how quickly it all came crashing down in May 2022. I'm curious to hear from anyone who actually had skin in the game - what was your experience like?"
 

RiC

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"Still can't believe how quickly LUNA went from $100+ to near-zero. That was a wild ride. Anyone think we'll see a similar collapse in the crypto space anytime soon?"
 

mobile4md

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"Dude, I still can't believe how fast it all went down. People lost life savings because of some 'stable' coin, it's crazy to think about. That's a harsh lesson for the crypto space, but hopefully we've all learned from it."
 

ксена2

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"Dude, still can't believe how that whole thing fell apart. The way the UST stablecoin lost its peg was wild, and it's crazy to think about how many people got burned. Guess that's the price of playing with fire when it comes to algo stablecoins"
 

k!77

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"Yah, still can't believe it's been over a year since the whole Terra debacle. I lost a decent chunk of cash on that one, still got trust issues with algos. Anyone else still licking their wounds?"
 

exist

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"Dude, I still got PTSD from that Terra collapse I had ~$10k invested and saw it all go up in flames. LUNA was a great idea but the UST algo was just too flawed. Anyone think we'll see a Terra 2.0?"
 

bldrim

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"Man, still can't believe the way Luna imploded. People lost so much money and it was like the whole crypto space was put on notice. What's your take on whether things will change with more regulation coming in?"
 
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