Luna $0.34 falls below the “stablecoin” it is props up, UST $.67 (coinmarketcap.com)

Luna is currently being minted/printed/diluted by UST for UST to maintain its $1 goal.

Daily graph shows the Luna coin supply going from ~350m => 1.5B [0]

[0] https://messari.io/asset/terra/chart/sply-circ

I think you missed a decimal it’s trading at 2.3cents right now