amberrrr789
Member
Stay Tuned with MEXC Global (October 14)
On October 13, Binance announced that it would offer USTC as a borrowable asset to its platform for loans concurrently with the release of the US CPI data. USTC's price increased once more after the USTC re-peg proposal was published on Sunday Medium. The price increased by 17.55%, 26.53%, and 33.49% (during a 24-hour period) from October 9 to October 11, reaching a peak on Monday of $0.0617. Yesterday, the price of USTC increased by 19.81% in a single day, reaching at $0.05577, while the rest of the cryptocurrency and stock markets were declining.
Price of USTC by Day - MEXC
Additionally, since last week, the cost of USTC has jumped by 57.78%. The recent price performance has given the Terra community additional self-assurance. ClayBro, a YouTuber and supporter of Terra Luna Classic, asserts that MEXC Global and Binance have embraced the LUNC burn mechanism and that Binance recently included USTC as a borrowable asset. According to ClayBro, this implies that decentralized exchanges have faith in Luna because otherwise, they wouldn't help the community.
Despite the fact that the Luna crash in May caused loss for investors and cryptocurrency enthusiasts. By lowering the quantity of LUNC, I think the proposed burn mechanism and the stablecoin re-peg plan both give our Terra community hope.
On October 13, Binance announced that it would offer USTC as a borrowable asset to its platform for loans concurrently with the release of the US CPI data. USTC's price increased once more after the USTC re-peg proposal was published on Sunday Medium. The price increased by 17.55%, 26.53%, and 33.49% (during a 24-hour period) from October 9 to October 11, reaching a peak on Monday of $0.0617. Yesterday, the price of USTC increased by 19.81% in a single day, reaching at $0.05577, while the rest of the cryptocurrency and stock markets were declining.
Price of USTC by Day - MEXC
Additionally, since last week, the cost of USTC has jumped by 57.78%. The recent price performance has given the Terra community additional self-assurance. ClayBro, a YouTuber and supporter of Terra Luna Classic, asserts that MEXC Global and Binance have embraced the LUNC burn mechanism and that Binance recently included USTC as a borrowable asset. According to ClayBro, this implies that decentralized exchanges have faith in Luna because otherwise, they wouldn't help the community.
Despite the fact that the Luna crash in May caused loss for investors and cryptocurrency enthusiasts. By lowering the quantity of LUNC, I think the proposed burn mechanism and the stablecoin re-peg plan both give our Terra community hope.
