TerraClassicUSD (USTC) and Terra Classic (LUNC) increase by over 300% and 40% respectively
2 days ago 1 min readTerra Classic Labs’s investment and community support fuel rally cause significant price surges for USTC and LUNC. The unexpected increase in the price of TerraClassicUSD (USTC) and Terra Classic (LUNC) indicates a resurgence of excitement for these assets. In an attempt to reclaim its lost US dollar peg from May 2022, USTC saw an amazing 283% spike in just one day, reaching $0.63997. The dramatic jump in price is thought to have been caused by Terra Classic Labs’ strategic acquisition of 25.6 million USTC, which not only increased the value of USTC but also revitalized the Terra Classic ecosystem. The