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When Will Terra Decline End? by mawit07

View this thread on: hive.blogpeakd.comecency.com
· @mawit07 ·
$12.29
When Will Terra Decline End?
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![image.png](https://images.ecency.com/DQmYAjQuQZXgxtnGjE5a2LXEEXT2TdoBK4gYfvh7ujoHiAe/image.png)
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For a second day in a row Terra's UST is de-pegged while Luna is free falling another 50% from yesterday's close as it is fighting for dear life to hold in range of $14 - $17.

I have been following Terra for over half a year and vested a lot into the protocol. I have accumulated significant losses and baring no further drop I still have a fraction of what I started invested in Luna.

Do Kwon creator of Terra may have met his match as of now and things are heating up.

![image.png](https://images.ecency.com/DQmaRCKhAW4ZfP2Tp6jH3M1fioCmvno1sZYv9JiwuCaRzpq/image.png)

There is pain across the board when it came to this recent decline.

![image.png](https://images.ecency.com/DQmXqjgNnVfWJvnRCDkCthe1LpKg46NJVb7aEqpEcduvJVi/image.png)

![image.png](https://images.ecency.com/DQmbt5DcbQa3fVQmPxbH3C8wVuUz4eH7LLMogUspGueMLhK/image.png)

![image.png](https://images.ecency.com/DQmTkuHbNtqox9iKkLbXBNynpJEFzibYBLtHX5Zr9RtqWr9/image.png)

![image.png](https://images.ecency.com/DQmZkxDR3Wa2KtDXAfwRRbN7XbCPz9R2bAFAsrUJzyosWos/image.png)

But just recently Do Kwon reports again:

![image.png](https://images.ecency.com/DQmc7ybATy5a9NCGkXJsYRKhVidxi1XWZu9XdEkYjKsg4uf/image.png)

It sort of pump prices up as Luna is ramping to $17 after Do's twit.  Yet is it enough or this is closer to the end of Luna and UST?

None of what I write is financial advice. It is for entertainment purposes only. Thanks for reading!

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vote details (268)
@dynamicgreentk ·
https://www.youtube.com/watch?v=d31n4SvP9qw Blackrock lol
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@mba2020 ·
They can't all be winners which is why being diversified is never a bad idea. 
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@olympicdragon ·
It is difficult for a stable coin to decline. As it's supposed to be pegged. Prior to this it was doing really well. I don't really know that much about Terra !
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