During the last 24 hours, crypto asset prices have improved as the global cryptocurrency market capitalization today has risen 1.9% to $1.07 trillion. Interestingly, the two so-called ‘defeated’ Terra blockchain tokens, now called terraclassicusd (USTC) and luna classic (LUNC), have seen significant gains. LUNC has climbed 8% higher during the past 24 hours and the once-stable coin USTC has jumped 42.2% higher against the U.S. dollar on Tuesday.
Following Do Kwon’s Recent Interview, Terra’s Classic Token See a Market Revival
For some mysterious reason, the two coins associated with Terra’s Classic network — terraclassicusd (USTC) and luna classic (LUNC) jumped significantly in value on Tuesday. The market moves follow Do Kwon’s recent interview with Coinage as the Terra co-founder spoke about the possibility of a mole within the Terra organization.
“If you’re asking me whether there was a mole at TFL, that’s probably, ‘Yes.’ Whether somebody tried to take advantage of that...
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