Post
Topic
Board Altcoin Discussion
Re: Terra USD, proved its not a stablecoin
by
Moeda
on 14/05/2022, 19:50:12 UTC
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.

Terra is a scam. If the token price drops to zero, it might as well have happened with tokens in general. But not with stable coins. If the coin's stable price is not 1:1 it is a scam.