Hello friends, I hope everyone is well. I am also much better by the grace of God. I am Cryptocurrency Professor Md. Nahid Hasan. Today I want to talk about Luna. Luna Kipte has brought the market down a lot. No one could have imagined Luna coin scam. There are many dreadar threats in the world. Because Luna lost billions of dollars.
Many have become destitute. Many died because they could not bear the pain. However, the Luna Company did not do the right thing. But I want to say something important about Luna coins.
Luna Coin was top # 09. Little did anyone realize that some of the top ten could be so deceptive. They said decentralize their company. But now it is understood that they have cheated. Terra Company Stables did ust. These Stables Coin Coins are supposed to be সময় 1 all the time. E.g., USDT, USD, BUSD, etc. But as the market gradually went down, ust started downloading. And the Luna coin survived on ust. ust sells btc to keep terra company backup to keep coins stable. Even so, owning one is still beyond the reach of the average person. At the end Luna starts giving cells to hold ust. Then they increase the supply of Luna coins. In this way Luna coin down a lot.
Earlier, the owner of Luna company said that they will bring down Luna by 95%. By doing this, Binance has done something. Because they could have turned off the deposit and withdrawal first. But no they did not. But then they gave up.
However Terra wanted to shut down Blockchain. Now they are back. I don't know what they will do this time. However, they have threatened the cryptocurrency market. Many have lost confidence in cryptocurrency. Many billionaires have backed out of cryptocurrencies. Hopefully they will reduce the luna supply again and take ust stables to $ 1. This will cover some of the losses.
In the next post I will discuss about Terra Company InshaAllah. I am ending here like today. Everyone will be well, stay healthy and take care of yourself. And see and hear coin buy sell.
I was also in great shock to hear that a top 10 could fall to a hundred percent in less that 48 hrs. It was unbelievable. Thanks for the update
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