Low Budget Stories

When a stablecoin is not stable (Terra Luna meme) (2022x10)

Air date: May 14, 2022

This Crypto meme video is about Terra Luna, a stablecoin like Tether UST that has decreased in value over 99% this week. While Bitcoin and other altcoins are having a bad time, Terra Luna (from Terra, a company owned by CEO Do Kwon) managed to dump it and make a lot of people lose their life savings. This can only be the work of Bogdanoff...