Cherry Picking Your Statistics with Terra Luna as Case Study
By A Path to Forever Financial Freedom (3Fs)  •  May 17, 2022
Terra Luna and UST have been making the headlines in the past recent weeks as the crypto market goes into turmoil mode when one of the more stablecoins erupted overnight and send its value plunging almost close to nil (well, not exactly nil as we see later how much the market cap is right now given the amount of dilution). Stablecoins are the main feature of the Terra protocol where as a form of digital currency it was supposed to be valued just like a fiat currency but with blockchain’s additional benefits – instant transactions, faster settlement times and cheaper processing fees. It has been a tough few weeks for someone who’s invested in the above as we saw the value of Terra Luna crashing down from just above $20b to around $1.3b where they are right now. In essence, if you have invested $1m in Luna the previous week, it would have been worth just $3 today...
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By A Path to Forever Financial Freedom (3Fs)
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