DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Cryptocurrency Decrypt

Terra’s LUNA Declines 10% Amid UST Depegging Concern

Although a 1% depeg from $1 isn’t unusual for stablecoins when markets are under pressure, in the case of UST, it’s been more than 16 hours.

Terra’s LUNA Declines 10% Amid UST Depegging Concern
Although a 1% depeg from $1 isn’t unusual for stablecoins when markets are under pressure, in the case of UST, it’s been more than 16 hours.

Original source

Read on Decrypt

Related market context