Why Luna and UST Crashed so Badly
Luna and UST experienced a huge crash on July 9th, with Luna dropping by over 50% and UST dropping by over 80%. While the reasons for the crash are still being investigated, there are several possible explanations. These include fear of regulation, mooning mania, and potential manipulation. Whatever the cause, this crash is likely to have a significant impact on the crypto market as a whole. Why Luna and UST Crashed so Badly? The crash of Luna and UST on July 9th was a shock to the crypto world. While the reasons for the crash are still being investigated, there…