price: $.67 during the time of the post
https://www.coingecko.com/en/coins/terra-usd
Does anyone know why its losing its value? I havent dived into terra because i am not interested on the project. Im glad, I didnt since i think TerraUsd and Terra affect each other.
I think terra will be exposed a project that is just a big ponzi scheme.
I also don't understand why TerraUsd has dropped in price, even though other stablecoins like BUSD, USDT and USDC have always stayed at $1 as usual.https://www.coingecko.com/en/coins/terra-usd
Does anyone know why its losing its value? I havent dived into terra because i am not interested on the project. Im glad, I didnt since i think TerraUsd and Terra affect each other.
I think terra will be exposed a project that is just a big ponzi scheme.
While TerraUsd has experienced a decline like other coins while conceptually TerraUsd is also a stablecoin just as good as the others, but with the current decline, TerraUsd no longer looks like a decent stablecoin.
