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Don’t blindly follow someone, follow [the] market and try to hear what it is telling you.

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Want to know Why has the price of Luna fallen so much??

The catastrophic fall in Luna values came when TerraUSD, the currency essentially guaranteeing a stable price, became quickly devalued. TerraUSD was tightly linked to Anchor Protocol, essentially a savings account for the currency which paid a 20% rate of interest.

Terra Luna is now almost worthless. This has created fear among investors, even aggressively bullish crypto investors are now panicking.

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