Terra Classic (LUNC) and TerraClassicUSD (USTC) have staged respective rallies following Binance’s decision to finally remove the warning labels attached to them on the platform. Binance had attached the warning labels in the wake of the Terra collapse and Do Kwon’s troubles with South Korean authorities.
A quick look at Binance confirms that the warning labels had been removed, but the warning on LUNA remains. Data from CMC also corroborates these claims, as USTC is confirmed to have gained by 16.39% in the past 24 hours, currently changing hands at $0.02526 as of press time. The asset had surged by 14% within two hours to a 2-week of $0.2720 before facing slight resistance.
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