Degen vs Terra USD — how do they compare? Degen trades at Rp25.39 (market cap Rp599,97M, Rp40,76M 24h volume), while Terra USD trades at Rp98.39 (market cap Rp547,57M, Rp14,68M 24h volume). The key difference: Degen and Terra USD are close in size by market cap, and Degen's circulating supply is 23,6B / 37B DEGEN (64%) versus 5,6B / 6,1B USTC (92%) for Terra USD. Which is the better fit depends on your goals — on Pluang, investors hold Degen for 14 Days and Terra USD for 56 Days on average.
| DEGEN | USTC | |
|---|---|---|
Market Cap | Rp599,97M | Rp547,57M |
Volume (24h) | Rp40,76M | Rp14,68M |
Circulating Supply | 23,6B / 37B DEGEN (64%) | 5,6B / 6,1B USTC (92%) |
Typical Hold Time | 14 Days | 56 Days |
What Pluang investors did over the last 30 days
Degen was originally created as a reward token for participants in Farcaster's Degen channel. Initially launched as a meme coin, it has since gained a strong community of developers, crypto creators, and enthusiasts. At the time of its launch, 15% of the total supply was airdropped to active members, and there are plans to eventually distribute 70% of the total supply through airdrops.
Read more on DEGEN →USTC is the decentralized and algorithmic stablecoin of the Terra blockchain. It is a scalable, yield-bearing coin that is value-pegged to the US dollar. The stablecoin in the Terra ecosystem shares the total liquidity, meaning users can exchange TerraUSD to TerraKRW (their stablecoin pegged to the Korean Won) with minimal fees. Additionally, users can gain passive income using TerraUSD with the Anchor lending protocol's stable interest rates.
Read more on USTC →