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Amit S @AmitFlux on x XXX followers
Created: 2025-07-17 06:21:35 UTC
6️⃣ The Death Spiral 💀
To save UST, the system minted billions of LUNA to buy UST.
But more LUNA = price of LUNA drops fast. It turned into a hyperinflation loop.
In X days: • UST fell to $XXXX • LUNA fell from $80+ to less than $XXXX • Market lost $60B
XX engagements
