USTC this coin really becomes more and more magical, back then it was shining under the halo of being the 'third largest stablecoin', relying on an algorithm to peg to the US dollar + 20% high interest to attract countless people to invest heavily. As a result, in 2022, it collapsed suddenly, dropping from 1 US dollar to a few cents, with a market cap of 40 billion evaporating directly, and even Do Kwon was fined 4.5 billion dollars.
Now it has been renamed USTC and is making a comeback, with the community shouting slogans to burn tokens and restart mechanisms. Occasionally, it can rebound technically, but to be honest, it's all just speculative tricks. With over 5 billion circulating tokens, it simply cannot be sold out; the European Union has already delisted it, and its liquidity is extremely poor, with only a few million dollars in trading volume over 24 hours. The so-called 're-pegging' and 'ecological revival' have been shouted for years with no substantial progress, essentially it is just a paper coin without fundamental support.
I have seen through this matter: algorithmic stablecoins without asset backing are just paper products, and behind the temptation of high interest lies a Ponzi scheme. Now, are there still people thinking about bottom-fishing USTC for a double? I sincerely advise, don't be deceived by short-term fluctuations, this coin has dropped 99% and can drop further, and regulatory risks have not been eliminated.
The core of survival in the crypto world is not to touch coins with a dark history and no value support, invest spare money in mainstream coins, and control your position well to avoid being harvested. Do you need me to help you organize a list of mainstream coins worth paying attention to right now? $LUNC $LUNA $USTC #LUNC✅ #LUNA✅ #USTC暴涨
Exchanges are definitely not safe. You can refer to the following exchanges to learn about fraud prevention and avoid being scammed.
Mcnex Exchange is a funds game scheme that relies on multiple shell changes and false advertising. It has many hidden scamming tactics. The specific details are as follows:
Three shell changes to cover up its misdeeds: It is not a new platform; it was originally called MCN Global and has since changed its name twice to the current Mcnex. Each time the old name was exposed due to the scam, it changed its name again to continue deceiving newcomers, specifically targeting users from certain regions, making it difficult for victims to unite and defend their rights.
False packaging creates a facade: It loudly claims to have compliance filings with the SEC in the United States and a Hong Kong license number 1479, but these are all lies. The SEC filing is merely a basic financing report and has nothing to do with compliance supervision. The Hong Kong license also has no filing information available. It falsely claims to have bank-level custody of funds; in reality, the money users deposit flows into the platform's private accounts and can be misappropriated at will.
Multiple scamming tactics for severe exploitation: First, malicious liquidation through contract following; the packaged teachers will entice users to heavily leverage, and the platform will then manipulate the K-line and maliciously lock positions to cause user liquidation. Afterwards, the losses are split with the teacher at a ratio of 7:3. Second, it sets up a Ponzi scheme with staking financial products, using high returns of 20%-40% monthly as bait, paying old users' earnings with new investors' money; once the funding chain is broken, withdrawals are blocked. Third, the platform issues an unlimited number of tokens, with the issued MEX and MT tokens having no actual application and no transparent destruction mechanism. The platform can arbitrarily increase issuance or delist them, selling off after inflating the price, ultimately turning the tokens into worthless paper.
Signs of a collapse have already emerged: Currently, the platform has experienced delayed withdrawals, customer service being unresponsive, forced position locks, and even account bans. There are already thousands of victims in Zhejiang, Guangdong, and other regions, with many individuals losing up to a million. Multiple anti-fraud communities have warned of a high likelihood of imminent collapse and absconding.
Thank you all for your continued attention Everyone pay more attention Prepared 5000 copies for everyone $BTC 🧧 There will be $BTC 🧧 every day Follow and reply '666' to receive $BTC 🧧
AT/USDT 24-hour News Highlights: Aethir's Decentralized Computing Ecosystem Gears Up In the rapidly changing cryptocurrency market over the past 24 hours, Aethir (ATH), as the token for the decentralized GPU cloud computing platform's AT/USDT trading pair, has become the focus of the DePIN (Decentralized Physical Infrastructure Network) sector. The current price remains stable around $0.014, with a 24-hour increase of 3.43%, peaking at $0.01424, and trading volume skyrocketing to $8.38 million, a 12% increase from the previous day. Behind this slight upward trend is a significant catalyst for the Aethir ecosystem: the platform announced deepened cooperation with several AI startups, providing low-cost GPU resources to support rendering and training tasks, attracting attention from competitors like Render Network and Akash. On platform X, traders are hotly discussing the 'pump point' of AT/USDT—bullish capital inflows pushing through the $0.0135 support, with the RSI indicator rising to 65, suggesting strong short-term bullish momentum, but caution is advised regarding the risk of a market pullback. More notably, the Aethir team revealed in last night's AMA that a 'Checker Node' update will go live next week, enhancing network throughput by 30%, which may stimulate the leverage trading enthusiasm for AT/USDT. Compared to the low volatility of Tether (USDT) stablecoin (only 0.04% in 24 hours), AT/USDT's volatility reaches up to 8%, making it the first choice for retail investors chasing high beta assets. Market analysts predict that if Bitcoin stabilizes at the $90,000 mark, AT/USDT is expected to test the $0.016 resistance level, with a potential increase of 15%. However, macro uncertainties such as Federal Reserve interest rate signals remain a concern. Overall, Aethir's highlights go beyond price; it is also a microcosm of the Web3 computing revolution—from game rendering to AI training, it is quietly reshaping digital infrastructure. Investors are advised to pay attention to on-chain data, allocate rationally, and seize the DePIN spring tide. $AT {future}(ATUSDT)
The exposure of the Satoshi Community Consensus Live Room is skyrocketing😻😻😻 Everyone's efforts are gradually being witnessed, moving in the same direction☝️☝️☝️
#特朗普取消农产品关税 CFTC does not belong to agriculture CZ is not ZC Agricultural tax exemption does not involve currency, what is there to discuss? Isn't it better to just throw in a 5x coin? $BNB
Red envelopes 🧧🧧 are ready, don't be slow! May my little gesture 🎁🎁 bring you a whole day of good mood. ✨✨ #主流币轮动上涨 #香港稳定币新规 $BTC {future}(BTCUSDT) $BNB $ETH {future}(ETHUSDT)
💵🐶 Puppies Coin — money that doesn't take life too seriously. While other coins pretend to be "very important", Puppies enters the market as if it's a party.
Price movement? Not volatility — but a dance. And every jump in the rate looks like a tail wagging joyfully.
Because Puppies is about the mood. About lightness. About how finances can also boost serotonin.
Hello, 3 users will earn 5 US dollars from us by sharing the post with the most views on Binance Square. Our only options are @QAZAXLI3535 #QAZAXLI3535 Hello, 3 users who share the post with the most views on Binance Square will earn 5 US dollars from us. Our only option is @QAZAXLI3535 #QAZAXLI3535 to add the hashtag. Deadline 01.12.2025 Expiration date 01.12.2025