Terra (LUNA) Sets a New Low Level

Terra (LUNA) continues its massive decline. LUNA has set a new low at $0.08.

LUNA continues its decline, which it started after the collapse of the UST constant. LUNA, which fell as low as $ 0.69 yesterday, has set a new low with $ 0.08 today. The fall came in the wake of Terra founder Do Kwon’s plan to save the UST.

As it is known, Do Kwon announced a rescue plan after the incident broke out. The plan includes launching more LUNAs to absorb the UST. This plan was interpreted by market commentators as sacrificing LUNA to save the UST.

LUNA is trading at $0.08 at the time of publication.

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