Biggest Movers:  LUNA Loses 50% of Its Value, While XMR and AXS Declines Cont...

Biggest Movers: LUNA Loses 50% of Its Value, While XMR and AXS Declines Cont...

LUNA was down by over 50% in today’s session as markets continued to react to UST losing its parity with USD. As such traders lost faith in the stablecoin founded by Do Kwon, which dropped to its lowest point since September. Whilst LUNA stole the headlines, XMR and AXS also saw recent losses extended. Terra (LUNA) LUNA fell by over 50% during today’s trading session, as markets reacted to stablecoin UST losing its parity with the U.S. Dollar. After trading at a peak of $57.44 to start the week, LUNA/USD dropped to a low of $24.14 earlier in the....


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