Quote from: Xal0lex on November 27, 2023, 03:10:15 PM

Quote from: Cryptovaganza on November 27, 2023, 01:07:42 PM

The price of LUNC has rallied by 44% in the past 24 hours and this got users wondering why?

The rally comes after crypto exchange Binance announced that it would launch USTC futures contracts, offering 50x leverage.

The futures contract was scheduled to launch at 12:30 UTC today.

And why not? It's a cryptocurrency like any other. And it doesn't matter that at one time this coin was bankrupt. It still remains on the market and continues to be traded. And if the coin is traded, it means that there is demand and there is supply. And therefore there can be upward and downward movements.

However, this must be under special supervision if you enter to invest, be prepared to lose if the same incident occurs as before,
I personally would rather avoid than lose