333k $USTC burned today alone. Supply compression is real.
Terra Classic pushing $USTC staking into mandatory testing phase—on-chain staking dropping soon. Community's betting that a strong $USTC will drag $LUNC back to relevance.
Supply already gutted. If futures weren't propping up liquidity, you wouldn't find $USTC at these levels.
The thesis: $USTC stabilizes → $LUNC pumps. Classic rehypothecation play if the peg holds.
Terra Classic pushing $USTC staking into mandatory testing phase—on-chain staking dropping soon. Community's betting that a strong $USTC will drag $LUNC back to relevance.
Supply already gutted. If futures weren't propping up liquidity, you wouldn't find $USTC at these levels.
The thesis: $USTC stabilizes → $LUNC pumps. Classic rehypothecation play if the peg holds.
