Avalanche drops 30% on fears Terra’s LFG will dump AVAX next Post author:MiamiCrypto Post published:May 11, 2022 Post category:Altcoin / Avalanche / AVAX Price / investment / lfg / LUNA / luna foundation guard / Stablecoin / Terra / TerraLabs / TerraUSD / trading / UST Luna Foundation Guard is emptying its crypto reserves to bring its stablecoin back to its $1-peg, risking a massive AVAX selloff. You Might Also Like BNY Drives Rapid Shift Toward Regulated Digital Liquidity With New Reserve Fund November 15, 2025 Paypal’s PYUSD Stablecoin Reaches $1 Billion Market Cap in Just Over a Year August 26, 2024 Ethereum hits 3-week high vs. Bitcoin amid Fed-led market rout May 6, 2022