TerraClassicUSD (USTC) Hits Market Cap of $102.92 Million

TerraClassicUSD (USTC) traded 4.5% lower against the dollar during the twenty-four hour period ending at 13:00 PM ET on September 15th. Over the last week, TerraClassicUSD has traded up 13.6% against the dollar. One TerraClassicUSD coin can currently be purchased for $0.0176 or 0.00000029 BTC on popular cryptocurrency exchanges. TerraClassicUSD has a market capitalization of $102.92 million and $15.36 million worth of TerraClassicUSD was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 4.9% lower against the dollar and now trades at $24.39 or 0.00040805 BTC.
• NEAR Protocol (NEAR) traded 2.1% lower against the dollar and now trades at $4.13 or 0.00006911 BTC.
• Internet Computer (ICP) traded down 3.1% against the dollar and now trades at $8.38 or 0.00014012 BTC.
• Cronos (CRO) traded up 0.1% against the dollar and now trades at $0.0818 or 0.00000137 BTC.
• Hedera (HBAR) traded 1.4% lower against the dollar and now trades at $0.0509 or 0.00000085 BTC.
• Cosmos (ATOM) traded 1.6% lower against the dollar and now trades at $4.15 or 0.00006942 BTC.
• Fetch.ai (FET) traded up 0% against the dollar and now trades at $1.37 or 0.00002291 BTC.
• Algorand (ALGO) traded 2.4% lower against the dollar and now trades at $0.13 or 0.00000215 BTC.
• Akash Network (AKT) traded 2.3% higher against the dollar and now trades at $2.55 or 0.00004254 BTC.
• Theta Fuel (TFUEL) traded 1.2% lower against the dollar and now trades at $0.0608 or 0.00000102 BTC.

About TerraClassicUSD

USTC uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 8,916,994,540 coins and its circulating supply is 5,838,466,911 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. The official message board for TerraClassicUSD is medium.com/terra-money. TerraClassicUSD’s official website is terra.money.

According to CryptoCompare, “TerraClassicUSD (USTC) is a digital asset built on the Terra blockchain and created due to the de-pegging of TerraUSD (UST) from the US dollar. USTC is designed to provide users with a digital asset that maintains a value relative to a basket of assets, including the US Dollar and other stablecoins. It is issued and managed by Terraform Labs and provides an easy and secure way to transfer value within the Terra network. In early May 2022, the price of Terra’s LUNA and UST tokens began to plummet, leading to the collapse of both tokens and the Terra network. To protect users, Terraform Labs moved users’ UST tokens to the Terra Classic wallet, exchanging them for USTC tokens, and providing more market liquidity.”

Buying and Selling TerraClassicUSD

It is usually not presently possible to buy alternative cryptocurrencies such as TerraClassicUSD directly using US dollars. Investors seeking to acquire TerraClassicUSD should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView