Terra Luna Crash, UST depeg and algo stable coins

UST and $LUNA crash devastated investors and the crypto market in May 2022.

Just a week ago Do Kwon, founder of Terra, was making his usual braggadocio type of tweets, denouncing anyone doubting Luna bright future.

As of today, 13th May 2022, Luna crashed entirely, going from $119 to sub $0.02 in less…