Terra’s collapsed stablecoin USTC prices recorded a sudden jump of over 300% over the past 24h hours. This instant spike has led the token to again enter the top 100 cryptocurrencies.
USTC 24 hr trading vol up by 400%
Amid the increased volatility related to Terra’s newly launched token LUNA 2.0, TerraClassicUSD has managed to register a surge of more than 400% over the past 7 days. It is trading at an average price of around $0.042, at the press time. USTC’s 24 hour trading volume has increased by 413% to stand at $83 million.
According to the data, USTC’s total market cap added around $200 million in the last 24 hours. It now stands at $402 million. The meant to be stablecoin has now grabbed the 84th spot among the largest crypto.
Meanwhile, the Terra Classic (LUNC/ LUNA OLD) prices have also spiked in the period of a few hours. LUNC is now up by 50% in the last 24 hours. Token’s 24 hour trading volume skyrocketed by 600% to stand at $354.12 million.
Data depicts a huge amount of funds inflow over the past few hours. Terra Classic’s market cap has increased by $208 million in the past 24 hours. It now stands at $625 million. However, the token is trading at an average price of $0.0000976, at the press time.
