Terraform Labs’ Strategic Move Fuels USTC Recent 300% Rally

This week, Terraform Labs’ Terra Luna Classic (LUNC) and TerraClassicUSD (USTC) have recorded gains of over 130% and 235%, respectively.
Terraform Labs’ Strategic Move Fuels USTC Recent 300% Rally

The $15 million strategic investment made by Terraform Labs in November across three liquidity pools is still yielding positive returns for Terra Luna Classic (LUNC) and TerraClassicUSD (USTC).

The maneuver has given altcoins a surge of positive momentum, showcasing the potential that astute crypto ventures possess.

Intriguingly, an expert recently examined USTC’s remarkable rise from under $0.03 to over $0.05 on a well-known YouTube channel. The analyst did, however, issue a warning, stating that USTC may be in danger due to LUNC’s growing weakness.

However, USTC began this week unmoved, rising by around 300% when Binance introduced USTC perpetual contracts. With 9 billion units in circulation and a current price of $0.066, USTC has increased 235% in the last week.

The strong reaction from the market supports Terraform Lab’s strategic statements and developments. Nevertheless, experts advise investors to monitor LUNC as a possible predictor of USTC’s future course.

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