LUNA has been going down just 2 weeks ago it was part of the top 10 most valuable crypto but suddenly fell - it fell too hard that it might even get delisted from binance.
According to Binane they will be delistinig LUNA if its value falls of below 0.005 Tether.
After that announcement Terra suddenly started to shut down its entire network and left the circulating supply of 34 billion LUNA in limbo, and then turned it back on about two hours later. Mybe that was a measure they took to avoid investors dumping all of their LUNA holdings? I still don't know for sure.
LUNA was down 99% for 2 days in a row.