Luna looses 97% of value

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Crypto currencies can be rather unpredictable.

• Luna is down 99% Thursday, falling to under $0.02 per coin.
• The cryptocurrency is linked to stablecoin TerraUSD, which lost its US dollar peg this week.
• Luna and Terra's slide come as cryptocurrency markets plummet in a broad sell-off.

Luna is worth less than two cents, losing 99% of its value amid a broad decline in the cryptocurrency market.

Luna is worth less than 2 cents after a single-day crash of 99% as sister coin Terra loses dollar peg

Luna lost 99% of its value and was trading at less than 2 cents per coin Thursday. The slide comes as sister token TerraUSD lost its dollar peg.

news.yahoo.com