Mike Novogratz’s Luna Tatoo Aged Like Milk in Less than Five Months

On Jan. 5 2022, Galaxy Digital crypto investment firm CEO Mike Novogratz showed off his new LUNA tattoo, celebrating his investment in — and faith in — the UST algorithmic stablecoin, which maintained its dollar peg via an incentivized arbitrage algorithm using partner token LUNA.

On May 19 2022, one week after the two-token ecosystem failed in a $48 billion collapse, Novogratz wrote in a shareholder letter that the ink on his left shoulder “will be a constant reminder that venture investing requires humility.” And the ability to withstand a $300 million write-off.

source: www.coinmarketcap.com