Amid Terra crypto turmoil, ordinary investors start to pick up the pieces

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Amid Terra crypto turmoil, ordinary investors start to pick up the pieces
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ICYMI: Amid Terra crypto turmoil, ordinary investors start to pick up the pieces

The market cap of LUNA has shrunk from $28.9 billion a week ago to $2.1 billion, according to data from

By Christmas 2021, his Luna holdings were worth around €160,000, a level which had sustained pretty consistently, until now.locked up in staking pools “This is a case of billionaires getting rich again,” he says, referencing the market meltdown which happened shortly after day traders discovered Gamestop:

The LUNA subreddit tells graver tales of loss due to crypto nosedives. Its top post on Wednesday was a story of someone who had attempted suicide during a previous downturn, urging people to take stock before they do something rash.

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