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Drop Of Stable Coin LUNA Terrifying

By Tim KnightCryptocurrencyMay 12, 2022 10:27AM ET
www.investing.com/analysis/drop-of-stable-coin-luna-terrifying-200624092
Drop Of Stable Coin LUNA Terrifying
By Tim Knight   |  May 12, 2022 10:27AM ET
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I’ve been following the incredible tale of LUNA all night. This is just jaw-dropping:

Luna Chart.
Luna Chart.

The line on the right side isn’t the boundary of the y-axis; it shows this “stable coin” on its path from $120 to a penny.

Here is the intraday chart, courtesy of SlopeCharts:

LUNA Chart.
LUNA Chart.

I actually get the sense that this is actually the right time to get into crypto as a trade, for the most speculative among us.

Drop Of Stable Coin LUNA Terrifying
 

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Drop Of Stable Coin LUNA Terrifying

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Comments (9)
Chit Linn Aung
Chit Linn Aung May 13, 2022 3:39AM ET
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Franc Fil
Franc Fil May 13, 2022 1:57AM ET
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All cryptocurrencies are going to $0.00. This was tulip mania 2.0!
Deringer Deringer
Deringer May 13, 2022 1:57AM ET
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You have less IQ than 0.00
PHEARLESS PHARAOH
PHEARLESS PHARAOH May 13, 2022 1:57AM ET
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People who never bought crypto or can’t afford it always say things like this…
Mike Tyson
Mike Tyson May 13, 2022 1:19AM ET
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Tim Knight, I hope you are not payed for this "article". My 3 yo could produce more than this. A "stable coin" went from 120$ to a penny? are you talking about UST or TerraLuna or both in the same time? disgusting
William Bailey
William Bailey May 13, 2022 1:19AM ET
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Retail su ck ers in tulip mania getting the jail shower treatment ( no soap-on-a-rope in sight ) !!!
William Bailey
William Bailey May 13, 2022 1:19AM ET
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Retail Su ck ers in crypto getting a jail shower intro ( no soap on a rope )
Gus McCrae
Gus McCrae May 13, 2022 1:15AM ET
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In defense of the article there not much to write about crytos, fundamentals and technical really don't aply here as it is all based on random events.
Thiago Lopes
Thiago Lopes May 13, 2022 12:55AM ET
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Holy ****** even Kim Kardashian would be able to write a better article.
Harry hubert
Harry hubert May 12, 2022 11:34PM ET
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Such a vastly informative article wow
sa ran
sa ran May 12, 2022 7:59PM ET
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"I actually get the sense that this is actually the right time to get into crypto..." So you drop a line like that and don't feel the need for any further explanation to back up the hypothesis? Maybe do your job and write a few more words? You are quite a piece of work.
Some John Doe
Some John Doe May 12, 2022 5:09PM ET
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This time it's different... a new paradigm... crypto is the new gold... the hysteria the greed... and the classic: boomers would not understand anyway. The SPY was going up and up and up. Those were the days.
Josh Modern
JoshModern May 12, 2022 11:16AM ET
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Wow... speechlessThere's quite a few jaw dropping things going on!!!
Crim Jamer
Crim Jamer May 12, 2022 11:16AM ET
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he just looks for a dead cat bounce
 
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