I’m sure most weren’t around in 2022 when Luna depegged. The stablecoin was called UST or something similar.

I remember it first depegged to like 0.95 but repegged right away. Then it depegged even more to like 0.75-0.80. People were saying it was a buying opportunity of a lifetime. Except this time it didn’t repeg close to 1.

Eventually went lower and then the crash happened.

Right now STRC is looking juicy at 0.91 but why hasn’t it repegged since BTC recovered like the previous 3-4 times. Doesn’t make sense.

What’s everyone’s input on this?

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