TerraClassicUSD Price

Track TerraClassicUSD Price Today, Live USTC Price Chart & Market Cap

USTC previously traded under the ticker UST, and was designed as an algorithmic stablecoin targeting a $1 peg. In May 2022, UST deviated from its peg to the dollar and lost the majority of its value. UST depeg caused Luna hyper-inflation and lead to Luna Classic losing 99.99% of its value.Will Luna recover? Find out ??

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TerraClassicUSD Price Live Data

24H Range
$?0.021183
24H Range
$?0.025307
52W Range
$?0.01175
52W Range
$?0.076559
ATH & ATL Range
$?0.000709
ATH & ATL
$?1.08469
TerraClassicUSD Price$?0.023515
Market Cap$?137.10M
Diluted Market Cap $?241.13M
24H Volume$?64.00M
Vol. / M. Cap Ratio 0.4668
Dominance 0.00%
ATH $?1.08469 (-98%)
ATH Date Jan 11, 2021
ATL $?0.000709
ATL Date Apr 22, 2019
Cycle Low $?0.006024
Cycle High $?0.098124
Circ. Supply 5.83B (57%)
Total Supply 8.96B
Max Supply 10.25B
Supply Inflation -35.08% (Low)
Volatility 5.30% (High)
PlatformTerra
Release Date Sep 26, 2020
Fear & Greed Index 82 (Extreme Greed)
Sentiment Bullish
Show more ↓

TerraClassicUSD price today is $?0.023515 with a 24-hour trading volume of $?64.00M, market cap of $?137.10M, and market dominance of 0.00%. The USTC price increased 6.03% in the last 24 hours.

TerraClassicUSD reached its highest price on Jan 11, 2021 when it was trading at its all-time high of $?1.08469, while TerraClassicUSD's lowest price was recorded on Apr 22, 2019 when it was trading at its all-time low of $?0.000709. The lowest price since it's ATH was $?0.006024 (cycle low). The highest USTC price since the last cycle low was $?0.098124 (cycle high). The TerraClassicUSD price prediction sentiment is currently bullish , while Fear & Greed Index is showing 82 (Extreme Greed).

TerraClassicUSD's current circulating supply is 5.83B USTC out of max supply of 10.25B USTC. The current yearly supply inflation rate is -35.08% meaning -3.15B USTC were created in the last year.

Highlights

  • Price has increased by 82% in the last 1 year
  • Trading above the
  • in the last 30 days (53%)
  • Has liquidity based on its market cap
  • Trading on KuCoin
  • Yearly inflation rate is

Risk Analysis

  • Outperformed by 51% of the in 1 year
  • Outperformed by
  • Negative performance compared to
  • Down -98% from all-time high
See All Risk Checks

TerraClassicUSD Token Sale

Initial Price $?0.38
Start DateJan 1, 1970
End DateJan 1, 1970
ROI [USD]0.06x
ROI [BTC]0.01x
ROI [ETH]0.02x
TypeICO
PlatformTerra
More InfoTerraClassicUSD ICO

The price of TerraClassicUSD in the ICO was $?0.38 and the token sale ended on Jan 1, 1970. Since then, USTC price decreased 0.06x against US Dollar, decreased 0.02x against Ethereum and decreased 0.01x against Bitcoin. To learn more about TerraClassicUSD ICO click here.

TerraClassicUSD Performance

Change1H24H7D1M3M6MYTD1Y3Y5YALL
TerraClassicUSDUS Dollar USTC/USD 1.31%5.41%8.32%0.86%34.38%2.85%-32.82%82.12%-97.65%123.89%-84.32%
TerraClassicUSDBitcoin USTC/BTC 0.65%1.57%-2.07%-30.76%-15.33%-27.43%-70.74%-32.05%-98.61%-83.25%-98.57%
TerraClassicUSDEthereum USTC/ETH 0.85%-2.90%0.74%-21.04%7.52%15.27%-53.48%11.16%-97.02%-89.77%-97.45%
TerraClassicUSDTether USTC/USDT 1.31%5.41%8.32%0.86%34.38%2.85%-32.82%82.12%-97.65%123.89%-84.32%

TerraClassicUSD price in US Dollar has increased by 0.86% in the last 1 month. USTC is down -21.04% against Ethereum and down -30.76% against Bitcoin in the last 1 month.

TerraClassicUSD Quarterly Returns

YearQ1Q2Q3Q4Total
2018-33.33%-26.23%-32.59%-45.82%-82.04%
2019-94.41%566.10%102.16%-22.36%-41.55%
2020-4.46%-26.65%10.95%7,998%6,196%
20210.77%0.48%-0.15%-0.29%0.82%
20220.05%-95.35%-31.08%-37.47%-98.00%
20237.28%-42.99%4.89%159.06%66.19%
2024-13.67%-37.38%14.43%----
Average -19.68%48.28%9.80%1,342%1,007%

The top-performing year for TerraClassicUSD was 2020 when the price of USTC increased by 6,196.25% from $?0.015746 to $?0.991378. The worst performing year for TerraClassicUSD was 2022 when the price dropped by -98.00% from $?0.999472 to $?0.020026. The average yearly growth of TerraClassicUSD over the last 7 years is 1,006.94% per year. Usually, TerraClassicUSD performs best in Q4 with an average of 1,341.80% gain and worst in Q1 with -19.68% loss.

TerraClassicUSD Price Closing History by Level

PriceDays Above% of TerraClassicUSD's Life
$?1.08469 ATH--
$?1.0043017.72%
$?0.9058524.11%
$?0.8058624.15%
$?0.7058824.24%
$?0.6058824.24%
$?0.023515 Price Now121850.21%
$?0.019153763.36%
$?0.018157965.09%
$?0.017162667.02%
$?0.016166968.80%
$?0.015174972.09%

The table above shows the number of days which TerraClassicUSD closed above a certain price level.

TerraClassicUSD Price & ROI on this Date

DatePriceROI
Nov 21, 2024 Today$?0.023515-
Nov 21, 2023$?0.01318378.37%
Nov 21, 2022$?0.0209812.08%
Nov 21, 2021$?1.00535-97.66%
Nov 21, 2020$?1.001065-97.65%
Nov 21, 2019$?0.010503123.89%
Nov 21, 2018$?0.031417-25.15%

The table above shows the price and ROI of TerraClassicUSD today and previous years on the same date (Nov 21).

USTC Exchanges

TerraClassicUSD is being traded on 21 cryptocurrency exchanges, including Binance and KuCoin. $?64.00M worth of TerraClassicUSD changed hands in the last 24 hours. If you wish to purchase USTC, check our guide on how to buy TerraClassicUSD in 6 steps.

ExchangePrice Volume Action
Binance$?0.023567$?14.35M$?0.023567$?14.35M Trade Now
KuCoin$?0.023562$?591,875$?0.023562$?591,875 Trade Now
Kraken$?0.023596$?81,310$?0.023596$?81,310 Trade Now
Bybit$?0.023573$?1.85M$?0.023573$?1.85M Trade Now
OKX$?0.023583$?3.57M$?0.023583$?3.57M Trade Now
gate.io$?0.023523$?3.11M$?0.023523$?3.11M Trade Now
Binance Futures$?0.023583$?28.02M$?0.023583$?28.02M Trade Now
ZOOMEX$?0.023583$?9.01M$?0.023583$?9.01M Trade Now
XT.COM$?0.023583$?1.39M$?0.023583$?1.39M Trade Now
Bitrue$?0.023551$?537,345$?0.023551$?537,345 Trade Now

About TerraClassicUSD

TerraUSD (UST) is an algorithmic stablecoin that’s designed to track the price of the US dollar. UST is built on Terra, a blockchain designed specifically to support stablecoins and leverage them in DeFi applications. Users can mint stablecoins like UST on the Terra network by burning LUNA tokens, but they can also burn stablecoins to mint LUNA. UST’s peg to the dollar is maintained through market mechanisms implemented in the Terra protocol. When the price of a Terra stablecoin like UST is too high, users are incentivized to burn LUNA to mint new stablecoins and expand their supply. If the price is too low, users are incentivized to mint LUNA by burning stablecoins and contracting their supply.

FAQ

What is TerraClassicUSD?

TerraClassicUSD is a decentralized stablecoin built on the Terra blockchain to tackle all the issues stablecoins currently have, and that is scalability. This token offers a wide range of features as it also allows holders to make interest from it. TerraClassicUSD was released in September 2020 and is one of the network’s two native tokens along with LUNC. These tokens are intertwined as the stability of the TerraClassicUSD is highly dependent on LUNC or the burning of it to be precise.

How does TerraClassicUSD work?

Since it is an algorithmic stablecoin TerraClassicUSD means that the face value of the token is equal to the cost of its minting. In the past few years, demand for stablecoin has spiked but none of them showed enough scalability to help to scale of blockchain ecosystems. Also, the network came up with their bridging protocol named Dropship which allows TerraClassicUSD to be integrated into DeFI and DEX platforms and move between blockchains. Lastly, there is the “Anchor” yield service which assures a 20% return on all savings made in USTC.

How to use TerraClassicUSD?

The use of tokens in the crypto world is to make a profit or to put yourself in a better position to make said profit. With USTC since it is a stablecoin with a price equivalent to $1 you can make a profit from the price fluctuation. This means that if the price goes lower than $1 you can simply sell these tokens for LUNC and make a profit as this will lead to an evening out the price of USTC. Also bear in mind that this process means you will need to burn some LUNC and consequently make it more valuable since the demand will be greater than the supply. Also, TerraClassicUSD has utilization in DApps a some of them use it as a base asset.

What makes TerraClassicUSD different?

USTC is a stablecoin that takes advantage of the existing technology and mixed with their innovations brings users a more efficient experience. Add in the mix their “Anchor” yield services and the promise of 20% along with no scalability issues and you can see why these tokens are in a great position moving forward. The last thing for you to understand is the fact that you can move USTC between blockchains and it is one of its best utilities.

Why are TerraClassicUSD tokens valuable?

Since USTC is a stablecoin its value doesn’t fluctuate much under or above the $1 mark, however, we mentioned that it is tied to the LUNC token and does add value to it. To mine this token you will need to stake LUNC and later burn an amount out of the system. This creates a wedge between the demand and supply as there are fewer and fewer of these tokens available and because of it the price of it goes up. To make the best profit for yourself a smart thing to do would be to hold both of these tokens.

Is TerraClassicUSD a good investment?

Terra has made a lot of profit for themselves with this stablecoin as they have a market cap of . USTC has tackled the biggest issues tied with the stablecoins and is currently thought of as possibly being the best one available. With all that being said, remember that the crypto world can be extremely volatile so it is no large surprise that experts are divided on the future of the platform. If you want to invest in TerraClassicUSD or any of its tokens, make sure you only invest an amount you are willing to risk.

How do I get TerraClassicUSD tokens?

You can get some USTC from staking and burning LUNC tokens within the network, but that is just one of the options. Others would be to take advantage of the peer-to-peer exchanges and buy some of these tokens directly from one of the holders. Lastly, you can buy TerraClassicUSD tokens on one of the major exchanges of your choice, just research if your preferred exchange offers fiat currency as a payment option or one of the other cryptocurrencies.

What is the current price of TerraClassicUSD tokens?

As of  , the price of 1 USTC is .  When it comes to LUNC, price on the same day is per token.

How many TerraClassicUSD tokens are left?

There are currently  USTC in total supply and  LUNC circulating.

Are the TerraClassicUSD transaction fees high?

The fees within the Terra network vary from 0.1 to 1% on every transaction. When it comes to transaction fees tied to USTC on other exchanges they go from 0.1 to 0.75% for trading fees and when withdrawing them expect a fee in between 3.08 and 4.0 USTC.

Are TerraClassicUSD tokens legal?

In today’s world the support for crypto is growing steadily and some of them are even being used as payment options on some of the biggest E-commerce platforms. This is exactly the plan Terra Classic has for its stablecoin as they want it to be used by the 16 E-commerce companies and their platforms which are all a part of the Terra Alliance. However, this doesn't change the way that their legal status varies from one country to another. Click here to check the legality status of cryptocurrencies by country.

Where can you store TerraClassicUSD tokens?

You can store your USTC and LUNC on an appropriate crypto wallet.. Also there is always the possibility to keep them on the exchange platform you bought them from. This is regarded as not the safest option since your tokens are in the hands of a third party. The most expensive but safest option would be to store them on a proper hardware wallet. Keep in mind that LUNC can be staked within its native network to earn more tokens as a reward.

How do you cash out TerraClassicUSD tokens?

You can exchange both LUNC and USTC on any of the major exchange platforms you are comfortable with, the only thing you need to pay attention to is if it can be exchanged directly for fiat currency or for another crypto token. This can vary from one exchange to another. Also holders can use a peer to peer trade where your peer sends money to your bank account and you send the equal amount in USTC or LUNC tokens to their crypto wallet. From then on you can either transfer the funds to your PayPal account if you have one or go to an ATM and take your money out.

Is TerraClassicUSD safe?

Since the crypto community continues to use Terra Classic and its token it is deemed as safe. They have security measures in place like most of the platforms. However, do keep in mind no crypto platform or network is completely secure. You should do some research on your own on Terra Classic before making your final decision if this is something you want to get yourself into or not.

TerraClassicUSD News

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USTC
TerraClassicUSD
$?0.023562
6.03% Last 24h
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