Terra Luna Crypto crashed this week. Just 3 months ago, I wrote about LUNA whereby 1 Luna coin was trading at SGD 69.95. Even though I envy how many stock investors became millionaire within a few weeks speculating LUNA, I did not jump onto the LUNA bandwagon by pouring in my hard earned savings. At this point of writing, I held 0.02 LUNA through Crypto.com Supercharger program but I could not swap or sell it because Crypto.com has suspended the trading of LUNA on its platform. Several other crypto trading or lending platform such as Hodlnaut has also suspended LUNA programs on their platform. What is LUNA? LUNA is Terra’s native token which is used to stabilize the price of the protocol’s stablecoins. Luna is used as a governance token. Relationship Between Terra (UST) and LUNA Terra (UST) was designed to maintain the value of one US dollar at all time. We usually call this as “peg”...