Luna's fall unnerves Korean crypto investors - The Korea Times
Por um escritor misterioso
Last updated 05 julho 2024
![Luna's fall unnerves Korean crypto investors - The Korea Times](https://img.koreatimes.co.kr/upload/newsV2/images/202205/cd505787c9fd43f5a510b6076f35a783.jpg/dims/resize/740/optimize)
Korean crypto investors' fear sentiment is reaching its peak after Terra's flagship stablecoin UST, started dropping its intended $1 peg on Monday, in what is seen by many as a "prelude" to the ongoing collapse of its sister token Luna. Luna is traded at around 12,000 won ($9.40) as of Wednesday 3:20 p.m., according to Korea's largest cryptocurrency exchange Upbit. This is a drop of around 50 percent from a day earlier. Up until last week, Luna was valued at more than 100,000 won.
![Luna's fall unnerves Korean crypto investors - The Korea Times](https://file.mk.co.kr/meet/neds/2022/05/image_readmed_2022_420434_16523365155040293.jpg)
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