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3 Reasons The Terra Luna Price May Go to $0 and 3 Better Altcoin Alternatives

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Terra Luna's price has been consolidating near $2.42 for some time now, and investors are wondering if it will recover or continue to fall until it reaches $0. Furthermore, what alternatives do we have if Terra fails to recover? Terra Luna Price & Tokenomics  Terra is currently trading at $2.43 with a 24-hour trading volume of $184 million. Terra has increased by over 2% in the last 24 hours. CoinMarketCap currently ranks #105 with a live market cap of $309,406,063 USD. The circulating supply is 127,475,474 LUNA coins, and the maximum supply is not known. Terra Luna Price Chart - Source: Tradingview Terra Luna Expansion Strategy The Terra ecosystem governing team, consisting of LUNA and LUNC, has unveiled a new expansion strategy for the ecosystem. After the devastating disaster, the team adopted this plan to try to revive Terra's environment. Remember how the Terra scandal shook the crypto sector, wiped out billions of dollars, and drove some crypto se...

Terra Founder Do Kwon Says Luna Collapse ‘My Responsibility Alone’

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Source: Screen capture/YouTube Terra (LUNA) founder Do Kwon has said in a recent podcast interview that the collapse of Terra due to design weaknesses is “my responsibility alone,” while admitting that “it’s not easy&rdquo ; to own up to the responsibility. Speaking in an interview with host Laura Shin on the Unchained Podcast, Do Kwon admitted that there may have been issues with Terra’s design that contributed to its downfall, and that he is responsible. “Whatever issues existed in Terra’s design, it’s weakness [in responding] to the cruelty of the markets, it’s my responsibility and my responsibility alone,” Kwon said. The controversial crypto entrepreneur added that he is still bothered by the fact that so many users were let down and hurt due to Terra’s collapse. “So, for the community […] the downfall of the companies that chose to build on Terra, for the hundreds of thousands if no...