Post
Topic
Board Altcoin Discussion
Re: is it possible UST recovered ?
by
BlackBaron
on 18/05/2022, 07:41:13 UTC
No, people will now stay away from that coin after what happened I would rather choose BUSD or USDT rather than that coin. We are not sure how stable it is right now but I am sure that it is prone to crashing more and it is not a good idea anymore to invest to UST or Luna.
I'm more confident for BUSD than USDT which according to it has also broken out of the $1 stable line, so the UST leverage has added to the bad list of stable coins because they shouldn't make the coin stable if they don't have the funds to maintain stability from any leverage.