LUNA drops to $0.01, a 99%+ decline in 24 hours, down from $60 earlier this week and $120 in mid-April (Shaurya Malwa/CoinDesk)

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Shaurya Malwa / CoinDesk:

LUNA drops to $0.01, a 99%+ decline in 24 hours, down from $60 earlier this week and $120 in mid-April  —  LUNA tokens lost 96% in the past 24 hours alone, prompting more to be minted in a mechanism that helped lift the UST price.  —  Traders of Terra’s LUNA tokens suffered …



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