TerraClassicUSD (USTC) recently rose 63.75%, reaching $0.065. Previously, in 2022, USTC experienced instability, breaking away from its peg to the US dollar, impacting LUNA and the Terra-LUNA blockchain. After hitting a low point of $0.006, it remained stagnant for over a year.
Despite the challenges, the resilience of the Terra Classic community aims to bring tokens back to life. Reaching $1 from the current $0.066 would require a significant 1400% increase, indicating an arduous path. The recent hurdle at $0.07536 in September 2022 highlights potential obstacles in USTC's path to $1.
