A digital currency that brings the market to a standstill … a rocket rise and a mad collapse in moments

digital currency

After managing for the second consecutive day to record the digital currency, which rose by more than 200%, it suddenly fell by more than 75%, to reflect the market downwards.

As the crypto-currency market and Bitcoin stuck near their lowest levels in more than a year and a half near the $ 20,000 notch, stable Terra Classic gains for the second day in a row expanded to more than 200% .

The Terra Luna stable currency rose by more than 200% in early trading to reach 830% in less than a week, but it suddenly reversed its direction of moments to turn into a 20% drop, which means it lost 75% in minutes. .

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The rise of stable Tira comes as the hacker group Anonymous Do Kwon, the head of Tira, accused in the latest video released.

Anonymous accused the founder of Terra and attributed the causes of the historic collapse of Tera to the behavior of the founder of the coin, adding that Kwon would be brought to court as soon as possible.

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With the spread of the phenomenon of meme coins and dog coins like Shiba Inu and Dogecoin, which have found support from business and financial magnates like Elon Musk, some submerged coins have reappeared, and investing in them carries high risks, until the point to lose all your money, so you have to be careful. Be careful, as all the data in the report is merely a monitoring of price fluctuations according to the trading platforms.

TERRA CLASSIC STAL

The stable Terra currency increased by more than 220% during the UST / USD during the early trading session on Tuesday, reaching levels of $ 0.05601, compared to the levels of $ 0.01752 during Monday’s trading.

The market capitalization of the stablecoin Tera has risen to almost $ 575 million and stands at 72nd among cryptocurrencies by market capitalization, but it is more than $ 18 billion lower than the value before the crash.

In less than 7 days, terra stablecoin has risen 525% while it has risen 100% in a month, but the currency has lost almost 95% since the beginning of the year when it fell near zero levels after hitting its band with the dollar lost.

Over the past few days, the stablecoin has expanded its profits to jump from a trough near $ 0.006 levels to current levels at $ 0.05601, an increase of almost 840%.

During these moments, the stable Terra Classic currency traded near $ 0.01752 levels, compared to trading at 0.05897 levels less than an hour ago.

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Terra Classic Lence

In conjunction with the violent volatility of the Terra stable currency, the Terra Lone currency rose by more than 30% to levels close to $ 0.00009454, while the currency rose by more than 60% within a week to its market value to $ 620 million.

After those sharp rises, the LUNC / USD currency gave up most of its gains, now rising within 3% and reaching 0.00009213 levels, compared to $ 0.00009679 less than an hour ago.

Over the past month, terra lonce has risen more than 14%, while the currency continued to fall more than 99.7% from levels close to $ 70 before the May 9 crash.

Tera Lunes lost more than $ 45 billion during the market crash in a few hours during the famous collapse last May, and Lunce was then sixth among cryptocurrencies in terms of market capitalization with $ 46 billion.

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In contrast to the strong rises of the new version of the Terra Luna Classic coin, the rises of the Terra Luna coin, which became the old version of the Terra Labs foundation after the recent split aimed at the coin to save.

The Tera Luna currency LUNA / USD rose more than 10% during early trading today, Tuesday, reaching levels of $ 2.4, while its market value is around $ 300 million.

During these moments, however, it fell by 3%, down to levels of $ 2.3, compared to $ 2.46 less than an hour ago.

While Terra Luna has risen 15% in a week, it has fallen 60% in 90 days and 90% since its release on May 28, when it started trading near the $ 20 levels.

It is reported that some of these currencies involve blatant fraud and a major fraud that could destroy the fortunes of those seeking a foothold in the dreamland, where they have been catching up with a currency since its inception, perhaps the new Bitcoin.

It is noteworthy that the cryptocurrency market, specifically those new currencies, is also being introduced at full speed and also declining at full speed as it is a highly volatile high risk market, so you need to be extremely careful when dealing with digital currencies do what can make you rich overnight, and can rob you of your money in moments.

The article does not express a recommendation or nomination, but merely a monitoring of market fluctuations, as trading in digital currencies involves high risks, including the risk of losing part or all of the investment amount, knowing that it is not entirely subject to financial authorities. a market.

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