USTCsurge
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#StartInvestingInCrypto #USTC... #USTCUSDT #USTCsurge definitely looking for entry & the targets remain in the 1st photo this is bullish for me
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$#HotTrends ##USTCsurge #USTC/USDT $$$$$USTC $$$$$$ will Rises soon🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀As And Holders Hit Record High
USTC holders hit a new high of 5.5 million. The rate of increase is comparatively low to the post-Terra Luna crisis in 2022, but the number of wallets holding Terra Luna Classic ecosystem tokens continues to rise, primarily due to support from Binance and other crypto exchanges.
Terra Luna Classic Wallets Rises Over 5.5 Million
The number of accounts holding LUNC and USTC reaches a new landmark of 5.5 million, as per data by Cosmos blockchain explorer ATOMScan. The wallets have increased from 5 million when the Terra Luna Classic community backed by validators and developers took charge to revive the chain.
Terra Classic accounts are even higher than top cryptocurrencies such as Cardano and Shiba Inu. As per recent reports, the total number of wallets on the Cardano network surpassed 4.6 million. Moreover, the number of Shiba Inu holders has reached 1.38 million, according to data by Etherscan and ShibariumScan.
While top cryptocurrencies’ wallet numbers continue to rise amid growing crypto adoption, Terra Luna Classic wallet numbers hint at people still holding onto their LUNC and USTC in hopes of prices recovering during the bull market.
Terra Luna Classic burn campaign supported by crypto exchange Binance has boosted LUNC prices. Binance has burned a total of 53.48 billion LUNC tokens to date. Other crypto exchanges and projects also burn LUNC to support the community in reducing the token supply. Recently, WEEX has committed to burn LUNC with trading fees on spot and futures trading pairs.
USTC price also jumped 2% in the last 24 hours. The price currently trades at $0.0259, with a 24-hour low and high of $0.0243 and $0.0266, respectively. Furthermore, trading volume has decreased by 40% in the past 24 hours.
USTC holders hit a new high of 5.5 million. The rate of increase is comparatively low to the post-Terra Luna crisis in 2022, but the number of wallets holding Terra Luna Classic ecosystem tokens continues to rise, primarily due to support from Binance and other crypto exchanges.
Terra Luna Classic Wallets Rises Over 5.5 Million
The number of accounts holding LUNC and USTC reaches a new landmark of 5.5 million, as per data by Cosmos blockchain explorer ATOMScan. The wallets have increased from 5 million when the Terra Luna Classic community backed by validators and developers took charge to revive the chain.
Terra Classic accounts are even higher than top cryptocurrencies such as Cardano and Shiba Inu. As per recent reports, the total number of wallets on the Cardano network surpassed 4.6 million. Moreover, the number of Shiba Inu holders has reached 1.38 million, according to data by Etherscan and ShibariumScan.
While top cryptocurrencies’ wallet numbers continue to rise amid growing crypto adoption, Terra Luna Classic wallet numbers hint at people still holding onto their LUNC and USTC in hopes of prices recovering during the bull market.
Terra Luna Classic burn campaign supported by crypto exchange Binance has boosted LUNC prices. Binance has burned a total of 53.48 billion LUNC tokens to date. Other crypto exchanges and projects also burn LUNC to support the community in reducing the token supply. Recently, WEEX has committed to burn LUNC with trading fees on spot and futures trading pairs.
USTC price also jumped 2% in the last 24 hours. The price currently trades at $0.0259, with a 24-hour low and high of $0.0243 and $0.0266, respectively. Furthermore, trading volume has decreased by 40% in the past 24 hours.
#usrcUSTC: A Phoenix Rising from the Ashes?
Remember Icarus? He soared too close to the sun, and well, things didn't end well. TerraClassicUSD (USTC) had a similar brush with brilliance and burning out, once aiming for the stablecoin stratosphere before a spectacular crash. Now, it's back, trading like a phoenix attempting to reclaim its former glory. But is USTC a fiery investment opportunity, or a smoldering ember best left untouched?
From Stablecoin to Speculative Gamble:
USTC was once a darling, an algorithmic stablecoin tethered to the mighty dollar. However, a series of unfortunate events (think runaway inflation and mass panic) caused its peg to break, leaving it trading at a fraction of its intended value. This shattered trust and sent USTC tumbling.
A Community Keeps the Flame Alive:
Despite the crash, a dedicated community continues to believe in USTC's potential. They've implemented various burn mechanisms to reduce supply, hoping to nudge the price back towards a dollar. Whether this strategy will succeed remains to be seen, but it demonstrates the community's unwavering spirit.
Proceed with Caution, Not FOMO:
Investing in USTC requires a healthy dose of caution. It's a high-risk, high-reward proposition, and only suitable for investors comfortable with significant volatility. Remember, past performance is not indicative of future results, and even the most dedicated phoenix has a chance of getting re-roasted.
Do Your Research, Fly at Your Own Risk:
This is not financial advice, and you should always conduct thorough research before investing in any cryptocurrency, especially one with USTC's checkered past. Remember, responsible investing is key, and chasing trends without understanding the risks can lead to a financial Icarus of your own.
#TrendingTopic #USTC #USTC/USDT #USTCsurge #dyor $USTC @EliteDailySignals
Remember Icarus? He soared too close to the sun, and well, things didn't end well. TerraClassicUSD (USTC) had a similar brush with brilliance and burning out, once aiming for the stablecoin stratosphere before a spectacular crash. Now, it's back, trading like a phoenix attempting to reclaim its former glory. But is USTC a fiery investment opportunity, or a smoldering ember best left untouched?
From Stablecoin to Speculative Gamble:
USTC was once a darling, an algorithmic stablecoin tethered to the mighty dollar. However, a series of unfortunate events (think runaway inflation and mass panic) caused its peg to break, leaving it trading at a fraction of its intended value. This shattered trust and sent USTC tumbling.
A Community Keeps the Flame Alive:
Despite the crash, a dedicated community continues to believe in USTC's potential. They've implemented various burn mechanisms to reduce supply, hoping to nudge the price back towards a dollar. Whether this strategy will succeed remains to be seen, but it demonstrates the community's unwavering spirit.
Proceed with Caution, Not FOMO:
Investing in USTC requires a healthy dose of caution. It's a high-risk, high-reward proposition, and only suitable for investors comfortable with significant volatility. Remember, past performance is not indicative of future results, and even the most dedicated phoenix has a chance of getting re-roasted.
Do Your Research, Fly at Your Own Risk:
This is not financial advice, and you should always conduct thorough research before investing in any cryptocurrency, especially one with USTC's checkered past. Remember, responsible investing is key, and chasing trends without understanding the risks can lead to a financial Icarus of your own.
#TrendingTopic #USTC #USTC/USDT #USTCsurge #dyor $USTC @EliteDailySignals
LIVE
Binance News
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Terra Luna Classic Community Votes to Migrate and Burn 800 Million USTC Tokens
According to Foresight News, the Terra Luna Classic community has voted in favor of a proposal to migrate and burn 800 million USTC tokens. This comes after a previous proposal to destroy 8 million USTC tokens was officially rejected by the community.
Terra Classic USD (USTC) and El Hippo (HIPP) Soar on Charts in Early December
Many coins are posting new highs, and amid the chaos, investors and traders are studying the charts looking for the next big thing.
El Hippo’s HIPP token has seen a major increase after getting listed on the Bitget centralized exchange on November 28, meeting one of the project’s roadmap goals along with reaching 10,000 token holders and 100,000 followers on social media the same week. Growth has also been aided by regular meme contests, a $700 Zealy campaign that rewards the community every two weeks, and a +$50,000 airdrop that the project is now about to issue via Bitget. To take part, users can deposit and trade HIPP on Bitget.
USTC is on a serious run at the moment, rising 300% in a single week following the announcement of a plan to revitalize the project. Last week, Binance started offering perpetual contracts for USTC with 50x leverage, creating renewed interest in the project. There are now talks of the foundation using Bitcoin to prop up the project and compensate users who lost money via the Terra project which collapsed last May. The plan involves using BTC as collateral via the Mint Cash project. The dev team also announced a series of upcoming aidrops to reward the community, all of which has led to a buying frenzy among investors and greatly improved the project’s online presence and trading volume as well as, of course, price
With such large gains achieved in a small amount of time, it will be very interesting indeed to see what the coming weeks and months hold for USTC coin and the community. The rally across the altcoin market has captured the attention of the crypto community as well as mainstream media, with all eyes now on the charts to see if another famous crypto bull run is on the cards. While it’s too soon to say whether the market is about to go on another run as seen in the past, the case becomes stronger each day that Bitcoin and altcoins continue to rise in price
#USTCsurge #LUNC.USDT #ElHippo #USTC/USDT #BinanceSquareInsight
$USTC $LUNC $XRP
Many coins are posting new highs, and amid the chaos, investors and traders are studying the charts looking for the next big thing.
El Hippo’s HIPP token has seen a major increase after getting listed on the Bitget centralized exchange on November 28, meeting one of the project’s roadmap goals along with reaching 10,000 token holders and 100,000 followers on social media the same week. Growth has also been aided by regular meme contests, a $700 Zealy campaign that rewards the community every two weeks, and a +$50,000 airdrop that the project is now about to issue via Bitget. To take part, users can deposit and trade HIPP on Bitget.
USTC is on a serious run at the moment, rising 300% in a single week following the announcement of a plan to revitalize the project. Last week, Binance started offering perpetual contracts for USTC with 50x leverage, creating renewed interest in the project. There are now talks of the foundation using Bitcoin to prop up the project and compensate users who lost money via the Terra project which collapsed last May. The plan involves using BTC as collateral via the Mint Cash project. The dev team also announced a series of upcoming aidrops to reward the community, all of which has led to a buying frenzy among investors and greatly improved the project’s online presence and trading volume as well as, of course, price
With such large gains achieved in a small amount of time, it will be very interesting indeed to see what the coming weeks and months hold for USTC coin and the community. The rally across the altcoin market has captured the attention of the crypto community as well as mainstream media, with all eyes now on the charts to see if another famous crypto bull run is on the cards. While it’s too soon to say whether the market is about to go on another run as seen in the past, the case becomes stronger each day that Bitcoin and altcoins continue to rise in price
#USTCsurge #LUNC.USDT #ElHippo #USTC/USDT #BinanceSquareInsight
$USTC $LUNC $XRP
🚨🚨SEC, Do Kwon'un ABD'ye iadesi için duruşmayı ertelemeyi düşünüyor.
✨Güncel haberler için takip edebilirsiniz önemlileri paylaşıyorum!
$LUNC $LUNA $USTC #DoKwon #LUNC/USDT #USTC/USDT #USTCsurge
✨Güncel haberler için takip edebilirsiniz önemlileri paylaşıyorum!
$LUNC $LUNA $USTC #DoKwon #LUNC/USDT #USTC/USDT #USTCsurge
Why USTC Price Moved Like Rocket Last Week
In a stunning display of resilience, TerraClassicUSD (USTC), the algorithmic stablecoin of the Terra ecosystem, skyrocketed by over 300% over the past. From a low of just over $0.016, USTC has jumped to $0.06761.
This meteoric rise catapulted USTC’s market cap up to $604.55 million. This massive surge brightened the hope for the stablecoin to regain its lost USD peg.
What Caused this Massive Surge?
Two key factors emerged as the driving forces behind USTC’s remarkable surge. The first was the highly anticipated listing of USTC on Binance Futures. Scheduled to go live on November 27 at 12:30 UTC, the USDⓈ-M USTC Perpetual Contract introduced traders to USTC with up to 50x leverage. This development signaled Binance’s recognition of USTC’s growing significance.
The other important catalyst was a strategic $500,000 investment spearheaded by Terra Classic Labs, who purchased 25.6 million USTC at an average price of $0.021. This purchase was revealed by Trader QT (@0x_Ears), an official partner of Luna Classic Labs on X.
He also highlighted that the strategic acquisition was performed in line with Terra Classic Labs’ Treasury Reserve Policy and is believed to have bolstered investor confidence in USTC’s potential.
USTC’s Path Back to $1
While USTC was initially designed as a stablecoin pegged to the US Dollar, the Terra ecosystem collapse and its subsequent de-pegging in 2022 made many lose hope in the stablecoin.
However, efforts to revitalize the Terra ecosystem, including proposals to safely re-enable the market module, control USTC minting, and more, further reinforce the community’s unwavering commitment to restoring USTC’s former glory.
These initiatives, coupled with the recent surge, have ignited a resurgence of optimism within the Terra Classic community, raising the possibility of USTC eventually reaching a $1 valuation. Many believe that the recent development is the start of something huge for the ecosystem.
USTC’s Resilience
USTC’s remarkable surge shows its resilience and the unwavering support of its community. With strategic investments, increased trading opportunities, and ongoing ecosystem revitalization efforts, USTC could reclaim its position as a prominent player in the crypto market.
While the path to $1 may be challenging, ChatGPT recently predicted massive gains for the LUNC ecosystem, and USTC’s recent performance has demonstrated its potential to surprise the market and achieve significant growth.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#USTC #USTCsurge
This meteoric rise catapulted USTC’s market cap up to $604.55 million. This massive surge brightened the hope for the stablecoin to regain its lost USD peg.
What Caused this Massive Surge?
Two key factors emerged as the driving forces behind USTC’s remarkable surge. The first was the highly anticipated listing of USTC on Binance Futures. Scheduled to go live on November 27 at 12:30 UTC, the USDⓈ-M USTC Perpetual Contract introduced traders to USTC with up to 50x leverage. This development signaled Binance’s recognition of USTC’s growing significance.
The other important catalyst was a strategic $500,000 investment spearheaded by Terra Classic Labs, who purchased 25.6 million USTC at an average price of $0.021. This purchase was revealed by Trader QT (@0x_Ears), an official partner of Luna Classic Labs on X.
He also highlighted that the strategic acquisition was performed in line with Terra Classic Labs’ Treasury Reserve Policy and is believed to have bolstered investor confidence in USTC’s potential.
USTC’s Path Back to $1
While USTC was initially designed as a stablecoin pegged to the US Dollar, the Terra ecosystem collapse and its subsequent de-pegging in 2022 made many lose hope in the stablecoin.
However, efforts to revitalize the Terra ecosystem, including proposals to safely re-enable the market module, control USTC minting, and more, further reinforce the community’s unwavering commitment to restoring USTC’s former glory.
These initiatives, coupled with the recent surge, have ignited a resurgence of optimism within the Terra Classic community, raising the possibility of USTC eventually reaching a $1 valuation. Many believe that the recent development is the start of something huge for the ecosystem.
USTC’s Resilience
USTC’s remarkable surge shows its resilience and the unwavering support of its community. With strategic investments, increased trading opportunities, and ongoing ecosystem revitalization efforts, USTC could reclaim its position as a prominent player in the crypto market.
While the path to $1 may be challenging, ChatGPT recently predicted massive gains for the LUNC ecosystem, and USTC’s recent performance has demonstrated its potential to surprise the market and achieve significant growth.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#USTC #USTCsurge
Terra Classic Community Passes Major Constructive Proposal, LUNC And USTC To $1?
Crucial proposal to switch from a monthly pay model to a pay-per-job model is passed Terra Luna Classic community. Will LUNC price hit $1? The Terra Luna Classic community has passed another key proposal as they prepare for a revival of Terra Luna Classic (LUNC) and repeg USTC stablecoin to $1. The proposal aimed at having a guideline for a pay-per-job approach on the Terra Classic chain as core developer L1TF goes into maintenance mode for Q4. Meanwhile, the community is also collaborating on other fronts to keep LUNC and USTC above key support levels as traders started booking profits amid the latest pullback in the crypto market. Thanks for reading. #LUNCPriceSurge #USTC/USDT #USTCsurge
Crucial proposal to switch from a monthly pay model to a pay-per-job model is passed Terra Luna Classic community. Will LUNC price hit $1? The Terra Luna Classic community has passed another key proposal as they prepare for a revival of Terra Luna Classic (LUNC) and repeg USTC stablecoin to $1. The proposal aimed at having a guideline for a pay-per-job approach on the Terra Classic chain as core developer L1TF goes into maintenance mode for Q4. Meanwhile, the community is also collaborating on other fronts to keep LUNC and USTC above key support levels as traders started booking profits amid the latest pullback in the crypto market. Thanks for reading. #LUNCPriceSurge #USTC/USDT #USTCsurge
#USTC/USDT is still holding and we can see the strong holding near 0.0336 area if it falls 0.0274 area will act as an good support. It looks like a bullish for #ustc $USTC #USTCsurge
$BTC As i talk price drop first time 4% Now have to stabilize, make sure one assest trading remember about s/l, price as history show can drop from now multiple time, but important is to moving s/l, and sell when price going up. My position was liquidated bcose i trade multiple assest, now i can't trade bcose i calculate wrong margin myself. Mistakes doing any beginner, me too. But now I've lesson to trade only one assest like btc, #BinanceTournament #BTC #USTCsurge
If you holding #BTC🔥🔥🔥🔥 #Ethereum✅ #BNB" for long term this is really awesome. ✌️But, If you are holding #LUNC✅ #USTCsurge for long term. This is your big mistake . No future in Lunc and ustc this is trap for you 🤡
