Twitter cracks up as Terra Luna CRASHES 97%

Twitter cracks up as Terra Luna CRASHES 97%

Terra Luna has crashed over 97 per cent amid the UST de-pegging fiasco and this has left crypto Twitter cracking up.

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Terra Luna has CRASHED 97 per centTerra Luna has CRASHED 97 per cent
Aakanksha Chaturvedi
  • May 12, 2022,
  • Updated May 12, 2022 1:12 PM IST

Cryptocurrency Terra Luna crashed over 97 per cent on Thursday, data from CoinMarketCap showed, with the cryptocurrency trading at $0.3122 as of 11:30 AM IST. 

And this has left crypto Twitter cracking up. Several memes have flooded the microblogging site and here are a select few.

Another user posted a meme about how the TerraUSD stablecoin is unable to maintain its peg at $1.

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One meme made fun of the people who were capitalising this dip to buy more Terra Luna amid the crash

Do Kwon, the founder of Terraform Labs and the man behind the Terra Luna and Terra USD stablecoin, was also the butt of the jokes.

 

Furthermore, memes also made fun of the plight of Terra Luna and TerraUSD investors.

 

The graph charting Terra Luna’s crash was also turned into a meme.

 

A meme highlighted the condition of Do Kwon and the Terra ecosystem.

 

The UST depegging, which has caused the whole crash, was also made fun in a few of the memes.

Lastly, a tweet made fun of the whole Terra Luna crash fiasco.

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Also Read: Terra Luna CRASHES 97%, trading at half a dollar; Now what?  - BusinessToday

Also Read: Terra Luna CRASHES over 85% Why? find out  - BusinessToday

Cryptocurrency Terra Luna crashed over 97 per cent on Thursday, data from CoinMarketCap showed, with the cryptocurrency trading at $0.3122 as of 11:30 AM IST. 

And this has left crypto Twitter cracking up. Several memes have flooded the microblogging site and here are a select few.

Another user posted a meme about how the TerraUSD stablecoin is unable to maintain its peg at $1.

Advertisement

One meme made fun of the people who were capitalising this dip to buy more Terra Luna amid the crash

Do Kwon, the founder of Terraform Labs and the man behind the Terra Luna and Terra USD stablecoin, was also the butt of the jokes.

 

Furthermore, memes also made fun of the plight of Terra Luna and TerraUSD investors.

 

The graph charting Terra Luna’s crash was also turned into a meme.

 

A meme highlighted the condition of Do Kwon and the Terra ecosystem.

 

The UST depegging, which has caused the whole crash, was also made fun in a few of the memes.

Lastly, a tweet made fun of the whole Terra Luna crash fiasco.

Advertisement

Also Read: Terra Luna CRASHES 97%, trading at half a dollar; Now what?  - BusinessToday

Also Read: Terra Luna CRASHES over 85% Why? find out  - BusinessToday

ABOUT THE AUTHOR

Aakanksha Chaturvedi

I am a multimedia reporter working across Business Today properties, at the India Today Group.

I break stories for BusinessToday.in and write longform analytical pieces for the Business Today Magazine.

I also report for India Today TV's the Business Today Show and the Tech Today Show.

I am the youngest reporter with a cover story in the Business Today magazine (most widely read Indian business magazine). I am also the youngest reporter covering business news on TV.

I have previously worked with International Business Times (US edition) and Coin Crunch India. I graduated with a degree in mass media from Mithibai College, Mumbai in 2021.

Leads and tips- aakancvedi@gmail.com/ aakanksha.chaturvedi@aajtak.com
Twitter/instagram/reddit- aakancvedi

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