Terra Terror: What Happened to the Hottest Crypto Coin?

Terra Terror: What Happened to the Hottest Crypto Coin?

The controversial UST and its sister currency LUNA have dropped roughly 99% in the last few days, with a rattling echo to the broader crypto market, including bitcoin and ethereum. This has caused even some of the most bullish investors to become fearful.

 Usually, in times of downfall like this one, crypto traders seek refuge in stablecoins as it makes it easier for them to exit crypto markets; however this time, the UST situation called the whole concept of stablecoin into question. 

While the scrutiny if the traders will trust stablecoins again remains, here is all you need to know about the Luna crypto crash.