Hi, their
Today we are talking about Terra ( Luna ) & UST. How are markets dumped?
Terra ( Luna ) & UST before dumping
- Terra ( Luna ) & UST have top 10 ranking
- High reputation
- Listed in Exchanges
- No market crash
- UST Stable
Terra ( Luna ) & UST After dumping
- Terra ( Luna ) & UST lost ranking
- Lost reputation ( Scam )
- Delisted in Exchanges
- Market crashed hardly
- Unstable UST
- Terra ( Luna ) Lost ranking more than 100
- UST dropped to $0.1331
- Terra ( Luna ) breaks all-time-low
- Terra ( Luna ) dropped to $0.00001675
- Lost Market Cap
How does Luna ( Terra ) dump the market?
Luna has a top 10 ranking before dumping & has a high volume. Luna has paired with BTC, ETH, BNB & many more top-ranked coins. When Luna falls 60% the first time, it has made an effect on BTC, ETH, BNB & other coins & due to this market falls
- BTC Falls by more than 7%
- ETH Falls by more than 10%
- BNB Falls by more than 15%
The market is already bearish & Luna dumps hardly. Which made the market free fall
- Luna ( Terra ) high liquidity made market dump
- The fall in BTC, ETH, and BNB made the whole market dump
What is the Reason behind Luna ( terra ) dump?
Increase in supply
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