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Despite these news, I am still bullish on $LUNA but still check it out below:
The Biggest Crypto Scam in History, Wiping Out $40 Billion in a Single Day

The cryptocurrency market has seen its fair share of dramatic rises and falls, but few compare to the catastrophic collapse of Luna ($LUNA). Once touted as a promising and stable investment, Luna's sudden downfall erased $40 billion in value in a single day, shaking the entire crypto community.

The Rise and Fall of Luna Coin
Launched in 2018 by South Korean entrepreneur Do Kwon and his company Terraform Labs, Luna coin was part of an ambitious project to create a stablecoin ecosystem. It was designed to maintain its peg to the US dollar using an innovative algorithmic model that adjusted supply and demand. Luna quickly gained traction among investors, promising both stability and attractive returns.

However, the foundation of Luna's system was inherently fragile. Its stability depended heavily on complex algorithms and sust