In recent days, most of the cryptocurrency market has been dominated by wide range shocks, and the price of Bitcoin has been hovering around $37,000, but the day before yesterday, Bitcoin made a wave of sharp gains, and a needle was inserted into about $38,500 and quickly pulled back. As mentioned before, if the price of Bitcoin fails to stabilize at $38,000, then there will still be a large pullback, the recent market volatility is too large, I hope you can pay attention to the risk, although the long and short can make money under the wide range shock, but once the trend comes, the risk will increase, so be sure to pay attention to risk control. #BTC
What is USTC?USTC has seen a large wave of gains yesterday and today, with an increase of up to 460%, which means that you will be able to get a minimum of 4 times the profit by buying USTC the day before yesterday, do you have any friends who are still in the car?
USTC is a variant of USDT (Tether) and is a digital currency issued by the USTC Foundation. Recently, there has been a very rapid rise in the tokens of the entire Luna Terra ecosystem, and USTC even hit a high of 0.05 on the OE at one point, and although it has now pulled back, it is still up more than 460% in two days. So as the USTC and Luna ecology that detonated the entire crypto market in May last year, it is indeed a thunderstorm, I think it is also vivid for everyone to recall it now, and the negative impact on the follow-up should also be fresh in memory, the explosion of these two days is indeed unusual, judging from the current news, there is actually a project Mint cash, which has led to the recent surge in USTC. If you want to stay warm, or if you have doubts, take care of Princess Hao: Sister Akan
We can also see a new proposal emerging in the Luna ecosystem that wants to re-peg the USTC to $1 through a series of these mechanical designs, and also wants to get back Luca (formerly Luna). The skyrocketing price of USDC after the proposal was issued was also very alarming. #USTC #LUNA
Difference Between USTC and USDT#USDT USTC and USDT are two different digital currency tokens with some differences between them.
USTC is a stablecoin issued by Tether that is pegged to the U.S. dollar and aims to provide stability in the digital currency market. USTC is an ERC-20 token issued based on the Ethereum network.
USDT is also a stablecoin issued by Tether, and its value is also pegged to the US dollar. USDT was originally a token issued on the Bitcoin blockchain, and later versions on Ethereum and other blockchain networks were also launched.
The main difference is that USTC is a token issued based on the Ethereum network, while USDT is originally a token issued based on the Bitcoin blockchain. Additionally, they may be listed on different exchanges and may have different use cases and partnerships.
Source: Golden Finance
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
USTC soared by more than 400% in two days, and convicts followed suit, and this wave could earn another 100 million!!
In recent days, most of the cryptocurrency market has been dominated by wide range shocks, and the price of Bitcoin has been hovering around $37,000, but the day before yesterday, Bitcoin made a wave of sharp gains, and a needle was inserted into about $38,500 and quickly pulled back. As mentioned before, if the price of Bitcoin fails to stabilize at $38,000, then there will still be a large pullback, the recent market volatility is too large, I hope you can pay attention to the risk, although the long and short can make money under the wide range shock, but once the trend comes, the risk will increase, so be sure to pay attention to risk control. #BTC
What is USTC?USTC has seen a large wave of gains yesterday and today, with an increase of up to 460%, which means that you will be able to get a minimum of 4 times the profit by buying USTC the day before yesterday, do you have any friends who are still in the car?
USTC is a variant of USDT (Tether) and is a digital currency issued by the USTC Foundation. Recently, there has been a very rapid rise in the tokens of the entire Luna Terra ecosystem, and USTC even hit a high of 0.05 on the OE at one point, and although it has now pulled back, it is still up more than 460% in two days. So as the USTC and Luna ecology that detonated the entire crypto market in May last year, it is indeed a thunderstorm, I think it is also vivid for everyone to recall it now, and the negative impact on the follow-up should also be fresh in memory, the explosion of these two days is indeed unusual, judging from the current news, there is actually a project Mint cash, which has led to the recent surge in USTC. If you want to stay warm, or if you have doubts, take care of Princess Hao: Sister Akan
We can also see a new proposal emerging in the Luna ecosystem that wants to re-peg the USTC to $1 through a series of these mechanical designs, and also wants to get back Luca (formerly Luna). The skyrocketing price of USDC after the proposal was issued was also very alarming. #USTC #LUNA
Difference Between USTC and USDT#USDT USTC and USDT are two different digital currency tokens with some differences between them.
USTC is a stablecoin issued by Tether that is pegged to the U.S. dollar and aims to provide stability in the digital currency market. USTC is an ERC-20 token issued based on the Ethereum network.
USDT is also a stablecoin issued by Tether, and its value is also pegged to the US dollar. USDT was originally a token issued on the Bitcoin blockchain, and later versions on Ethereum and other blockchain networks were also launched.
The main difference is that USTC is a token issued based on the Ethereum network, while USDT is originally a token issued based on the Bitcoin blockchain. Additionally, they may be listed on different exchanges and may have different use cases and partnerships.
Source: Golden Finance