#Gate Lists Ondo Spot Trading Zone #Nonfarm Payrolls Incoming #Are You Bullish or Bearish Today?


In the cryptocurrency market, the two coins $LUNC and $USTC, which have been closely monitored, are facing tough challenges today. It seems that major investors are hesitant about their stance on these coins, as if no one is willing to emerge as a leading force in the market.

Investors are looking forward to intervention from Binance or other well-known institutions, and they also hope for the return of the project's founders to inject more funds. However, the reality is not that optimistic. In fact, after experiencing the previous 'death spiral' event, market participants have become deeply concerned about algorithmic stablecoins.

These general feelings of distrust stem from painful experiences in the past, leading many to question the reliability and reputation of algorithm-based stablecoins. This not only affects $LUNC and $USTC, but also casts a shadow over the entire field of algorithm-based stablecoins.

In the face of such crises, the future of $LUNC and $USTC is filled with uncertainty. How to rebuild trust in the market, and how to prove the viability of the algorithmic stablecoin model, these are all issues that need urgent resolution. Perhaps, only through the test of time and technological innovation can investor confidence be gradually restored and the position of the algorithmic stablecoin reshaped in the digital asset system.
ONDO0,03%
LUNC2,94%
USTC1,74%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)