USTC is currently priced at $0.05262 with a market cap of $473 million USTC rose to $0.07324 on November 27, 2023 Today, USTC is still down 95.07% from the ATH of $1.05 Our TerraClassicUSD Token Price The forecast estimates a maximum of $0.05437 by the end of 2024.
After the price spike on November 27th, we thought now would be a good time to try out the TerraClassicUSD price prediction. What makes this “stablecoin” so peculiar — aside from the fact that it has been unstable since May 10, 2022 — is that it is still showing signs of life, long after many thought it was dead. Exactly why the coin is still alive will heavily influence our predictions.
There is hope for the University of Science and Technology of China (TerraClassicUSD). Unlike standard U.S. dollar-pegged stablecoins, USTC is algorithmic — instead of using reserves to control its price, its price is controlled using a mathematical equation that controls supply. This greatly contributes to its scalability, as its price ultimately boils down to programming – allowing the token to jump on DeFi protocols while still maintaining its intrinsic value.
| Year | Lowest Price | Average Meal Budget | Maximum |
| 2024 | $0.03169 | $0.04303 | $0.05437 |
| 2025 | $0.04869 | $0.06235 | $0.07600 |
| 2030 | $0.05972 | $0.06589 | $0.07206 |
At such a low price, it is very possible for the University of Science and Technology of China to make substantial profits in a relatively short period of time. For example, a move from $0.01 to $0.015 is a 50% move, and price moves like this happen quite often. Between November 3 and November 11, the price of USTC climbed from $0.01129 to $0.01686.
TerraUSD opened at $1.0105 on November 25, 2020. It was launched in partnership with Bittrex Global and continues to earn a reputation as the most scalable stablecoin. LUNA, its "unstable" counterpart, launched over a year ago, launching on July 26, 2019 for $1.7042, but not before LUNC (Luna Classic), which launched in August 2018.
The infamous crash of 2022 can be traced back to the night of May 7, when Terraform Labs acquired 150 million UST from a decentralized exchange called 3pool. This is all part of a planned effort to move the tokens to another pool.
What is not taken into account is how shallow Terra's withdrawal from 3pool will leave usable UST. Now vulnerable to extreme volatility, 85 million UST was exchanged for USDC in a single transaction approximately 13 minutes after Terra exited. 100 million UST was then exchanged for USDC within an hour.
Tyla tried to respond with a deal of her own, but it was too late. The peg to the dollar has been broken.
The price plummeted from $0.9954 to hit a jaw-dropping new ATL of $0.006218, a 99.41% drop from the $1.05 ATH. As of today, it has yet to reach the trading volume needed to pull it up from the bottom of the river – it has swung between $0.01 and $0.02 over the past year, eventually reaching a staggering $0.07324 on November 27, 2023.
The reason for the sudden increase in price and trading volume may be related to the following factors: Binance’s new USTC futures listing. However, upon further research, we noticed some ingenuity on the part of the traders.
USTC’s price rose in anticipation of the announcement and had reached $0.0649 (from a low of $0.01341 on November 25) by 10:45 UTC (the exact time Binance released the news). The price rose to $0.07581 by 14:05 UTC, a full hour after the USD(S)-M ONG perpetual contract (USTC futures) went live. But by 20:40 UTC, the price had dropped to $0.03147, with no decrease in trading volume.
So the news appears to have been taken advantage of, and perhaps, USTC’s current trading volume – which is now slightly higher than when the price hit $0.07581 – is just the specter of a missed opportunity.
While the rest of the crypto market waits with bated breath for the Bitcoin halving – expected to take place in April 2024 – we can expect altcoins to remain the same as they have been for the past two years [Relatively] stagnant. While some may start rising early next year, if they haven't already (like NEXA), we don't have high expectations for USTC until the altcoin bull run begins and stablecoins start to receive more attention.
Although the coin has completely lost sight of the U.S. dollar, it still operates on the algorithm and has the benefit of cross-chain compatibility.
Our TerraClassicUSD token prediction will take this into account, but we are still not sure if the demand for the token will be high as cross-chain compatibility is only important to those who wish to hold the token . If the price had not moved on November 27, we would still have seen the coin fluctuate between $0.01 and $0.02, which would be great for trading... and maybe even HODLing in the long term.
If the price breaks $0.04006 again, we could end up seeing $0.03 as support, setting up a solid base to try $0.05. If this happens again, we can assume that $0.07581 (the November 27 high, before closing at $0.04038) will clear easily, setting the stage for the coveted $0.1 mark.
It’s clear that the University of Science and Technology of China has largely functioned as a trading opportunity, and this is likely to continue into the future. As volume climbs, we could see significant gains, with the price eventually closing at just over $0.1 at some point this year. This would be a very attractive investment, especially given today's trading volumes. Many may end up grabbing such a prospect in the summer.
The market is flooded with more bulls following the approval of Bitcoin’s ETF, and there’s no doubt that USTC will benefit from this upside potential as people look for low-cost tokens to take advantage of.
Exchange-traded funds are simply listed on an exchange and track a specific index. For example, those who invest in a Bitcoin ETF are not actually purchasing the Bitcoin asset, but rather a security that tracks the price movement of Bitcoin. Investing in ETFs is a great way to minimize financial risk.
So when it comes to the TerraClassicUSD cryptocurrency price, the future does look bright as the reasons to hold or trade the coin are simple. The question is whether the token will gain more trading interest or investment interest.
Investors are more likely to hold USTC for up to a few months as they wait for big gains. A "significant gain" can be considered as high as $0.07581 or as low as $0.05. If they sell off at either of these prices, USTC will be left with traders who will continue to drive the price down while shorting the coin.
The latter outcome seems more likely, which would keep the price from reaching $0.1 – settling somewhere between $0.03169 and $0.05437.
While USTC remains a trading opportunity, price movements are unlikely to exceed our 2024 forecast of between $0.03169 and $0.05437 too far. However, trading volume will inevitably increase, potentially pushing the coin closer to $0.1.
At this point, our TerraClassicUSD price prediction for 2025 is between $0.04869 and $0.07600.
As cryptocurrency adoption increases and regulation becomes clearer, there will be more competition in the market. As new investment opportunities draw attention away from tokens like USTC, we believe it will continue to struggle to climb to $0.1.
With new rules in place around minting new tokens, it’s likely we’ll see more stablecoins to account for TerraClassicUSD’s vulnerability. How did the University of Science and Technology of China find itself once again pegged 1:1 to the U.S. dollar? Why is it needed? Perhaps once the new standard for algorithmic stablecoins is set, the tokens will be regulated.
Until we know that for sure, we can only move away from the current trajectory, which suggests prices will be below $0.1 even before 2030. Unlike other altcoins, there is no guarantee of price appreciation unless USTC is ever a trading opportunity. In this case, inflation will push up prices.
New institutional players taking advantage of the more secure crypto environment (brought about by regulatory clarity) may find better opportunities than USTC. Again, this doesn’t mean a delayed demise of the coin, it just means growth will be staggered, which could lead to a subtle regression in the USTC price range.
This brings our TerraClassicUSD price prediction for 2030 down to between $0.05972 and $0.07206.
We have seen roughly the equivalent of a 3 to 4 year crypto bull market cycle. Whether prices appreciate remains to be seen, but confidence is much higher in 2024 than in 2030.
While price fluctuations are to be expected, we cannot truly estimate how much altcoins will rise and fall over the remainder of the decade. Regulatory clarity is likely to dampen volatility in this space, and cryptocurrencies will become a pedestrian investment like gold.
What impact will this have on the University of Science and Technology of China? If it remains a traders' paradise, it may become more volatile over time relative to the more stable crypto markets. This volatility may be further encouraged by bigger names joining the coin – encouraging FOMO (fear of missing out) for those who missed out or missed out on crypto’s more extreme days.
Meanwhile, the rest of the market climbed steadily higher as the bear market started to look more like a consolidation period.
| Year | Lowest Price | Average Meal Budget | Maximum |
| 2024 | $0.03169 | $0.04303 | $0.05437 |
| 2025 | $0.04869 | $0.06235 | $0.07600 |
| 2030 | $0.05972 | $0.06589 | $0.07206 |
As always, forecasts vary from site to site and analyst, so we decided to list a few that you can compare to ours. There are quite a few people out there who seem to be predicting even more volatility than we thought. For example:
CoinCodex predicts a low of $0.039251 and a high of $0.041258 in 2024, a narrower range of $0.040727 and $0.041232 in 2025, but a huge $0.000523 and $0.076417 in 2030 chasm.
Bitcoin Inc. predicts a minimum price of $0.025 and a maximum of $0.030 in 2025, followed by $0.056 and $0.062 by 2030.
Swap Space However, the forecast range is $0.005376 and $0.0349 in 2024, $0.01059 and $0.08447 in 2025, and $0.007224 to $0.03162 in 2030 USD
CCN.com projects a low of $0.016, a mid-range of $0.0375 and a top of $0.065 in 2024. For 2025, they believe we will see prices no lower than $0.025 to $0.0375. But they cost a whopping $0.49 — well beyond our pessimism. If it does not end up reaching the $0.0375 top price prediction of $1.03, it will fall back to the $0.056 and $1.03 range in 2030.
Binance’s predictions remain pedestrian, with $0.042169 in 2024, $0.044278 in 2025, and $0.056511 in 2030, just 5%
TerraClassicUSD was once known as TerraUSD (ticker UST). It changed its name after its collapse in May 2022, but the stablecoin retains the same functionality it has always had. Like most stablecoins, it is designed to maintain a 1:1 peg to the U.S. dollar. It is also used in various yield-generating protocols, providing token holders with the opportunity to earn returns on their holdings.
Unlike most stablecoins that are backed by fiat reserves or other assets, USTC is algorithmic — meaning it relies on programming that adjusts supply and demand to maintain parity. The delicate dance between it and its sibling altcoin Terra (LUNA) involves minting and burning both tokens to help regulate supply and demand.
Terra Blockchain was founded by Daniel Shin and Do Kwon. It is designed to host various DeFi services, using TerraUSD as the medium of exchange. As such, it is widely adopted and praised for its unique approach to maintaining parity with the U.S. dollar without a large reserve pool.
Unfortunately, the May 2022 crash had widespread consequences for the viability of algorithmic stablecoins, as well as for the market as a whole. What followed was a rebranding, and a reorganization of the Terra ecosystem. As the risks of algorithmic stablecoins have become more prominent, regulatory agencies and investors have become increasingly scrutinized. Do Kwon was jailed for forging official documents, and back in June, a full recovery of TerraClassicUSD seemed almost impossible.
| Cryptocurrency | VeChain |
| Stock Code | University of Science and Technology of China |
| 行 | 96 |
| Price | $0.05262 |
| Price change 24 hours | 404.84% |
| Market value | $473M |
| Circulating supply | 8,976,814,201 |
| 24-hour trading volume | $1.1B |
| All-time high | $1.05 |
| All-time low | $0.006218 |
Before USTC collapsed, its price was controlled by an algorithm that burned coins to control its supply (and subsequent demand). This is seen as a useful approach as USTC is a stablecoin designed to maintain 1:1 parity with the US dollar.
However, as stated earlier in this article, the collapse of USTC gave way to what appears to be an area of trading. This is an area where news surrounding developments and partnerships involving tokens could be exploited to trigger a short-lived bull run. Trading volume can also fluctuate due to the mere mention of USTC, with a few lucky buyers and sellers taking advantage of the price movement.
Altcoins are often affected by the movements of Bitcoin. Every 3 to 4 years we seem to enter a bull market, and Bitcoin was the first to signal this trend. Trading volume ends up dispersed among lower-ranked altcoins, often boosting their prices.
While stablecoins are often considered altcoins, their price changes are certainly minimal. But now that USTC has lost parity with the US dollar, it could see significant gains in the coming months – along with the rest of the altcoin market. Time will prove everything.
The reputation of the Terra ecosystem has been greatly damaged. If the bull market misses USTC, we'll all know why.
Surprisingly, we have determined that both short-term and long-term gains are still possible for USTC. This is partly due to the coin’s decoupling from the U.S. dollar, but it remains a trading venue for both aspiring and experienced “crypto bros.”
Aside from the transaction itself, the risk is whether it will remain as described above in the future. This prevents us from recommending it as a long-term investment. Our TerraClassicUSD price prediction is for growth – at least until 2025 – but this depends on how similar the crypto market was to today. How will new regulations affect tokens? We cannot answer this question, we can only speculate that as trading volume increases, volatility also increases. Buying now may improve one's chances of taking advantage.
But of course, there is no better way to preserve your funds than avoiding the cryptocurrency market entirely.
Various websites show a range of forecasts for USTC. Some expect growth, while others see a decline.
Therefore, it is important to do your own research when it comes to these issues, especially with a token as special as USTC. Although we are seeing sudden price appreciation, this level of volatility has not been the norm over the past few years, and there does not appear to be any sign that sentiment surrounding TerraClassicUSD has sweetened.
As far as we know, the rally on November 26/27 was a reaction to Binance’s announcement of the USD(S)-M ONG perpetual contract. Just hours after the news was released, the price dropped significantly. We have established that USTC is traded solely as a means of making money, and belief in its usefulness has been all but undermined.
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