The price of USTC rose sharply, with a 24-hour increase of more than 250.6%. The reason is that the Anchor Protocol team is about to launch a new project Mint Cash, which is a stable currency system collateralized by BTC. Affected by this news, investors bought USTC one after another, and the market value soared to US$370 million. Although the official stated that the "airdrop value" is calculated based on USTC 1 US dollar, the actual goal is to start new projects, not to bring USTC back to 1 US dollar. This rise also drove the overall growth of the Luna sector, with LUNC and LUNA rising by 35% and 18% respectively.
Binance will also soon launch the USTC 1-50 times U-standard perpetual contract.
Note: If the dealer wants to make back the previous losses, do you dare to get on the bus? I didn't participate!
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