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Perhaps influenced by the expectation of Mint Cash airdrop, USTC once exceeded 0.05 USDT
2023-11-27 04:02:35
Odaily News OKX market shows that USTC once rose to 0.05033 USDT and is now trading at 0.04168 USDT, possibly due to the expected airdrop of the Terra ecological stablecoin project Mint Cash, with a 24H increase of 156.97%. Recently, Mint Cash project leader Shin Hyojin responded to market concerns and clarified the airdrop plan for USTC holders. Participants need to lock USTC on the Terra Classic chain to participate in the airdrop. Mint Cash will be airdropped at a rate of USD 1 per USTC. As more people participate in the airdrop, Mint Cash plans to destroy all collected USTC, effectively reducing market circulation. Shin Hyojin emphasized that even USTC holders who did not participate in the airdrop will benefit from it.