But we've just seen LUNA and UST, which had a combined market valuation of $58 billion a week ago, plummet to almost nothing. LUNA's market worth was $40 billion two days ago. It is currently worth a few hundred million dollars.
Inflation rates in Europe
Moldova 27.1%
Estonia 18.8%
Russia 17.8%
Belarus 16.8%
Lithuania 16.8%
Ukraine 16.4%
Bulgaria 14.4%
Czech Republic 14.2%
Poland 13.9%
Romania 13.76%
Bosnia & Herzegovina 13.2%
Latvia 13%
Slovakia 11.8%
Bitcoin had a great run from October 2020 to the first quarter of 2021, and then had another bull run from July to November 2021, following a 61.8 % Fibonacci correction. Since then, Bitcoin has been under constant negative pressure with stable price movement.
Blockchain was created in 2009.
After 11 years, the digital ledger has become one of the most talked-about and touted technologies.
Blockchain applications are still in their infancy, and industry-wide standards are likely still a few years away.