Terra Classic USD (USTC) up Whopping 302% after New Binance Listing.
USTC trading volume has risen 2,284% as Terra Classic USD bulls embark on run.
Terra Classic USD (USTC), formerly UST stablecoin, has seen an impressive spike in the last 24 hours.
According to CoinMarketCap data, USTC was up a whopping 302% in the last 24 hours to $0.06715. USTC trading volume has soared 2,284% in the said time frame, with $1.21 billion worth traded. The positive sentiment has also spread to tokens in the Terra and Terra Classic ecosystems. Terra Classic (LUNC) has increased by 54% in the last 24 hours to $0.0001231. Terra (LUNA) was up 17% in this time frame to $0.88.
Binance, the world's largest cryptocurrency exchange by volume, will launch a USTC perpetual contract with up to 50x leverage today, Nov. 27, at 12:30 p.m. (UTC). In addition, qualified futures liquidity providers will be entitled to 0.005% maker fee rebates for trades on the USTC/USDT Perpetual Contract for 14 to 15 days. Users could also trade the USTC/USDT Perpetual Contract across multiple margin assets via the Multi-Assets Mode.
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