8 ms·
Luna $0.34 falls below the “stablecoin” it is props up, UST $.67
- irjustin 4y agoLuna is currently being minted/printed/diluted by UST for UST to maintain its $1 goal. Daily graph shows the Luna coin supply going from ~350m => 1.5B [0] [0] https://messari.io/asset/terra/chart/sply-circ https://messari.io/asset/terra/chart/sply-circ
- rdtwo 4y agoI think you missed a decimal it’s trading at 2.3cents right now