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2 major cryptos to worry about after LUNA crash



 The Terra LUNA crash has prompted concerns about the next top cryptocurrencies to crash. As with LUNA, making this prediction is incredibly difficult. Also, in most cases, coins tend to move in unison. So from my perspective, here are the two cryptocurrencies to avoid after the LUNA crash .


Waves

Waves is one of the largest blockchains in the world. Its WAVES token has a market cap of over $797 million. It's a popular coin that has been used to build some of the most popular products in the decentralized industry. Some of the most popular apps in its ecosystem are Vires Finance and Waves Exchange.


The biggest concern regarding Waves is Neutrino, its algorithmic stablecoin, which is very similar to Terra USD. The coin has had some serious problems over the past few months. For example, in April it lost its bond and plummeted to an all-time low of 33 cents.


The coin is still below par, raising significant concerns that it will also lose its peg in the coming months or weeks. If this happens again, we could see a big sell off of both Neutrino and Waves. In fact, Waves price has already fallen more than 88% from its highest level this year.


Cardano

Cardano is one of the most popular cryptocurrencies in the world. Like Terra, it is also one of the largest coins in the world with a market cap of more than $19 billion. The only major difference between Cardano and Terra is that it is not affiliated with any major stablecoin.


The main concern with Cardano is that its ecosystem is missing something. While ADA is worth over $19 billion, its DeFi ecosystem is worth over $130 million in total. Critics point to the fact that Terra's ecosystem had a TVL of over $30 billion at its peak.


However, investors should be concerned because Cardano appears to be a ghost chain that has no meaningful project in its ecosystem. And this despite the fact that it was launched in 2015.


In fact, it seems like investors have been worried about Cardano for some time now that its market has fallen from more than $91 billion.

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