Following TerraClassicUSD’s 220% gains over the past few days, Binance listed USTC in perpetual futures with 50x leverage earlier today, further fueling its uptrend that saw prices surge 80% at one point earlier today–and cementing its position together with LUNA as the best crypto to buy now.
Axie Infinity is also piquing investor interest as crypto presales such as Bitcoin ETF Token and Bitcoin Minetrix also surface as possible Bitcoin alternatives.
The value of USTC and Luna tokens has been the focus of concerted community efforts, driven by a proposal from community member dfunk, seeking to push the price towards $1.
The USTC price experienced a significant boost when Terra Classic Labs strategically purchased $500,000 worth of USTC tokens at $0.021 each. This move was followed by Binance’s announcement of launching a USTC perpetual contract with up to 50x leverage, leading to an upsurge where prices at one point surged 80% earlier today.
LUNA, another token that is being considered among the best crypto to buy now, has also enjoyed a notable price surge for the past few days posting near 40% gains since November 22. Over the last 30 days, LUNC’s value increased by 63%, prompting investors to monitor the potential of retesting the $1 mark.
In the gaming cryptocurrencies arena, Axie Infinity (AXS) has been showing promising signs. The AXS price broke out from a descending resistance trend line on October 21, indicating a strong bullish trend. AXS set a new multi-month high of $7.51 earlier today, marking the highest point since May 2023.
In just 4 days, Axie Classic weekly active users has hit 100 K ⚔️
• New game mode: Cursed Coliseum
• In-game tournament with a Mystic Axie prize
• More coming soon