Will Terra (LUNA) Recover?

Will Terra (LUNA) Recover?

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Investors in Terra (LUNA) are worrying after the cryptocurrency's value dropped to almost zero. Terra, previously one of the top ten most valued cryptocurrencies, plummeted below $1 on 11 May after reaching a high of $120 last month. The abrupt crash reduced its market capitalization from about $40 billion to only $500 million, resulting in catastrophic losses.
Even more… the case only got worse and LUNA is currently trading at $0.0001326.
So, why has its value declined so severely, and will it ever recover?

🕒 Timestamps 🕒
00:00 Introduction
01:08 What is Terra (LUNA)?
02:07 Why Terra (LUNA) Crashed?
03:46 Terra (LUNA) and (UST): What Happens Next?
07:08 Final Thought

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