Terra’s LUNA Tumbles, Why This Could Be Bad For The UST Stablecoin

Terra’s native token LUNA slumped over the past week as a broader downturn in the crypto market hit the token particularly hard. It is the among worst performing tokens among the top-10 cryptocurrencies in the past week. LUNA fell 4.6% in the past 24 hours to a 9-day low of $85.59. It has also lost

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