LUNA Not Alone In Crimson: APE, AVAX, SOL, SHIB All Lose 20% In Crypto Crash

The crypto market has deep-dived to 11% in just 24 hours. It's been in the hole or behind and most coins (led by LUNA) have been suffering major losses such as Avalanche, ApeCoin, Solana, and Shiba Inu, to name a few.

Timeline of Avalanche, Terra-luna, Shiba-inu, Solana

LUNA's price has fallen by 88% from its all-time high level reached on April 5th, thus exposing huge problems with its stablecoin UST and native token LUNA as investors lose confidence in Terra's sustainability.

A blog post from Shiba Inu gives an update on ecosystem developments per ‘Riyoshi's Vision.' Riyoshi is the project's anonymous founder who claims to hold 0 $SHIB tokens, as doing so would affect his judgment and decision-making.

The top 1,000 Ethereum ($ETH) whales are currently holding nearly $900 million worth of the meme-inspired cryptocurrency Shiba Inu ($SHIB), making it their largest holding beyond Ethereum's native currency. According to data shared by whale monitoring service Whale Stats, the top 1,000 ETH whales are holding onto $989 million worth of SHIB, with FTX's $FTT

Solana prices have plunged lately, causing the digital currency to trade down more than 80% from its all-time high. What caused the latest declines? Market experts offer their input.

The situation surrounding TerraUSD is complicated and has unfolded exceedingly fast. Here's what you should know so far. The post Terra, Luna and UST: How we got here appeared first on The Block.

The Shiba Inu ecosystem has been experiencing regular network updates, courtesy of its developers. Just a few weeks after the conclusion of the first and second phase of land sale on the Shiba Metaverse, lead developer Shytoshi Kusama outlined developments that are expected on the network in the near future via a blogpost.

Today the global cryptocurrency market is on the verge to close on a bearish note as the wider market capitalization is trading at $1.39 trillion with a downfall of 4.83% in the last 24hrs.  Amidst this crypto market's blood shedding and struggle to find stability, A well-known crypto analyst who is pseudonymously known as Altcoin …

The Solana price analysis confirms a bearish trend as the market slides down to $65.55.The Solana price analysis is currently bearish as it continues its slide down from yesterday's high of $68.13. The market has found some support at the $64.02 level, but the $73.76 resistance is proving to be a formidable barrier to break.

Terra founder Do Kwon has revealed a plan to rebuild the project's ecosystem following LUNA's 99% collapse from its all-time high to below $1 and TerraUSD (UST) losing its dollar peg. In a Twitter thread, Kwon tells his 532,000 followers that he intends to work with the Terra community to “weather the crisis” and get The post LUNA Collapses to $0.69 As Terra Founder Do Kwon Outlines Plan To Rebuild Ecosystem appeared first on The Daily Hodl.

Solana, NEAR and AVAX were all trading over 20% lower on Wednesday, as global crypto markets continued to fall on hump-day. The cryptocurrency market cap is currently down 6.35%, as traders continued to digest the recent crash in the price of LUNA and UST. Solana (SOL) Solana was down by over 20% during Wednesday's trading