TerraClassic Pumps, USTC Recovers 400% to Reclaim Top 100 Position
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TerraClassic Pumps, USTC Recovers 400% to Reclaim Top 100 Position
The original tokens of the Terra ecosystem TerraClassic (LUNC) and TerraClassic USD (USTC) are experiencing an unpredicted resurgence. In the last week, USTC has pumped by more than 400% to reclaim a place in the top 100 cryptos.
The 7D price chart of Terra Classic USD (USTC). Source: CoinMarketCap
Over the last 24 hours, LUNC is still up by 182%, while other altcoins are facing another wave of declines. USTC, which is supposed to be pegged 1:1 with the USD, now trades at $0.075 from an all-time low of $0.006218.
The 24 hours price chart of Terra Classic USD (USTC). Source: CoinMarketCap
According to the data from CoinMarketCap, USTC’s total market cap added around $330 million in the last 24 hours. The price boost now means USTC...
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