Terra peg mechanism in doubt as UST crashes to $0.67
TerraUSD and its backing coin LUNA have been in a veritable nosedive in price and market cap since major sell-offs began in the ecosystem.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
TerraUSD and its backing coin LUNA have been in a veritable nosedive in price and market cap since major sell-offs began in the ecosystem.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
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