Brothers, the crypto world has produced another magical drama! That USTC (TerraClassicUSD), which was scorned by thousands and had grass growing three feet high on its grave, surprisingly resurrected today, soaring to the top of the increase list on major exchanges! Overnight, countless short sellers cried in despair in the restroom, while bottom-fishing warriors raked in huge profits! What incredible reversal happened behind this? Let the tycoon reveal the truth to you!
Core explosive point: The South Korean court intervenes, Do Kwon faces a significant turnaround!
Last night's most explosive news in the crypto world was none other than the South Korean court rejecting the arrest warrant for Do Kwon! You heard it right, that 'genius' founder who caused a $40 billion UST crash, the legal risks have suddenly dropped significantly! Although the case is not over, once this signal flare is fired, the market goes crazy immediately — the biggest 'zeroing giant stone' pressing on USTC has been pried open a crack!
Adding Fuel to the Fire: Community whales join forces, 1 billion USTC turned to ashes!
Having news alone is not enough; real destruction of assets is the hard truth! The Terra Classic community just passed proposal #12114 at lightning speed, agreeing to burn 1 billion USTC (worth nearly ten million dollars) that were trapped in contracts! This 'self-harming survival' move is fierce! The circulating supply drastically reduced + the community's determination to go all in directly injected three doses of adrenaline into the market!
Data explosion: Binance's spot trading volume shot to the top, whales are frantically buying!
Look at this crazy market:
24H highest increase over 500%! From less than $0.008 all the way up to $0.04+, drawing a cloud-piercing arrow!
24H trading volume surged by 5000%! The USTC/USDT trading pair on Binance directly shot up to the top of spot trading volume, crushing BTC and ETH!
On-chain whale activity: A mysterious address is sweeping tens of millions of dollars in USTC, clearly indicating that big players are betting on this 'Doomsday Carnival'!
Tycoon sharp comment: Opportunity or trap? Be cautious when licking blood from the knife's edge!
Short-term emotions are running high: South Korean court's favorable ruling + destruction implementation, speculative emotions have reached boiling point, volatility comparable to a roller coaster, don't play if you have a weak heart!
The essence is still high risk: USTC has long lost its stablecoin function, and the risk of going to zero has not disappeared! The current surge relies entirely on news-driven momentum, beware of 'good news turning into bad news'!
The tool for the dealer to harvest leeks: In the midst of surges and drops, whales can change the tide, and retail investors blindly chasing highs are likely to become the ones left holding the bag!
Operational strategy (high risk! high risk! high risk!) Important things must be said three times!
Radical approach: Strictly adhere to discipline, participate with small funds, closely monitor the progress of the South Korean case and the movements of on-chain big players, and decisively implement stop-loss levels (for example, if it falls below key support at $0.025).
Conservative approach: Watching the show is the best! This crazy rebound of the 'zeroed coin' is something to miss rather than to get wrong!
Bottom fishing? Remember what the tycoon said: 'You think you're bottom fishing, but the dealer is fishing your home!'
Ending Critical Hit: USTC stages a 'Return of the Undead', do you understand the magical reality of the crypto world?
From being despised by thousands to the number one in growth, USTC declares with a 500% violent surge: nothing is impossible in the crypto world! But the tycoon also reminds: behind the revelry, there are countless bones. Is it about seizing the opportunity to get rich overnight, or becoming a feast for the whales? Awareness and discipline are your only amulets to navigate through bull and bear markets!
Follow the tycoon, don't get lost! For the next wave of wealth codes, we layout in advance! May I ask all the old friends: do you dare to get on board this 'resurrection market' of USTC? Eat meat without drinking soup with the tycoon! Follow 'Tycoon Trends', bull markets don't wait for anyone, getting rich relies on action, not fantasy! Act now!