Luna investors’ wealth wiped out: What cryptocurrency investors should do

[IndiaInsurance]

https://img.etimg.com/photo/91548107.cms (https://economictimes.indiatimes.com/wealth/invest/luna-investors-wealth-wiped-out-what-cryptocurrency-investors-should-do/articleshow/91548107.cms)Luna’s problems are rooted in the fall of its sister coin Terra. The algorithmic stable coin is supposed to maintain a one-to-one peg against the US dollar but slumped nearly to $0.26 to the dollar on Wednesday night after the complex mechanisms that are supposed to hold the dollar peg failed leading to the UST crash.

More... (https://economictimes.indiatimes.com/wealth/invest/luna-investors-wealth-wiped-out-what-cryptocurrency-investors-should-do/articleshow/91548107.cms)