That is true, it has not been the first time algorithmic stables coin are like this, they are not stable, if anyone wants to go for a stable coin, it is better to go for the ones that are backed by fiat like dollar, out of the four types of stable coin, algorithmic ones are the worse and they are not stable coins but unstable, not that they are only unstable, they are unstable in a way the price will decrease significantly. I saw TerraUST at $0.9 and it decreased further to $0.7 and them to less than $1, UST which is TerraUSD is now at $0.1638, that is definitely not a stable coin.