Post
Topic
Board Altcoin Discussion
Re: Terra USD, proved its not a stablecoin
by
Ararbermas
on 21/05/2022, 17:03:54 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.
panic selling is the main reason., and actually terra is not scam, but the fact that they can handle the situation so the price feel like a rock,. By the way i am thankful as well because i didn't invest in it. But surely they can fix it in the future. Patience is key IMO.