The LUNA situation can't happen to ATOM. It is a fairly safe, conservative option really. If I had spare money, I'd be accumulating ATOM at these prices. No stablecoin for ATOM, so no risk there.

Terra issues are not cause for alarm for the rest of the Cosmos eco-system. It has been hit by UST collapse, mainly as it was a popular as a liquidity pool pair in the various Dex's. Overall, LUNA systematic failure is not replicated with ATOM and other Cosmos assets.

Not financial advice.

Posted Using LeoFinance ^Beta